Wynn Resorts, Limited (NASDAQ: WYNN)‘s stock had its “neutral” rating reaffirmed by research analysts at Compass Point in a report released on Monday. They currently have a $119.00 target price on the stock.
Wynn Resorts, Limited traded down 0.38% on Monday, hitting $116.13. Wynn Resorts, Limited has a 1-year low of $90.11 and a 1-year high of $138.28. The stock’s 50-day moving average is currently $121.. The company has a market cap of $11.622 billion and a price-to-earnings ratio of 24.18.
Wynn Resorts, Limited last announced its earnings results on Thursday, January 31st. The company reported $1.17 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.28 by $0.11. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the company posted $1.55 earnings per share. The company’s revenue for the quarter was down 4.1% on a year-over-year basis. Analysts expect that Wynn Resorts, Limited will post $6.04 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Wynn Resorts, Limited in a research note to investors on Monday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Wynn Resorts, Limited in a research note to investors on Wednesday, February 6th. They now have a $132.00 price target on the stock.
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.
