Key Takeaways:
- Las Vegas Sands (LVS, Financial) anticipates a significant drop in first-quarter earnings.
- Analysts predict a notable upside potential in stock value over the next year.
- The consensus recommendation for LVS is "Outperform," indicating positive market sentiment.
Las Vegas Sands: Earnings Preview and Challenges Ahead
As Las Vegas Sands (LVS) gears up to announce its first-quarter earnings on April 23rd, investors are closely monitoring the company's performance metrics. Analysts forecast a 24% decline in earnings per share (EPS) to $0.57 when compared to the same period last year. Additionally, revenue is expected to experience a slight dip, decreasing by 2% to $2.9 billion. These estimates reflect the headwinds the company is facing, underscored by recent downward revisions, with EPS projections lowered five times and raised only once.
Wall Street Analysts Forecast
In assessing the future of Las Vegas Sands Corp (LVS, Financial), 17 analysts have provided one-year price targets, with an average target price of $55.18. This includes a high of $64.00 and a low of $45.00, suggesting an impressive upside potential of 62.59% from the current price of $33.94. Investors can explore more detailed estimate data on the Las Vegas Sands Corp (LVS) Forecast page.
The overall market sentiment remains optimistic, as indicated by the consensus recommendation from 19 brokerage firms. The average brokerage recommendation stands at 2.1, pointing towards an "Outperform" status. This rating scale ranges from 1 to 5, where 1 denotes a Strong Buy and 5 signifies a Sell.
Future Value Estimation
According to GuruFocus estimates, the GF Value for Las Vegas Sands Corp (LVS, Financial) in one year is projected at $104.46. This suggests a substantial upside potential of 207.78% from the current trading price of $33.94. The GF Value serves as an indicator of the fair trading value based on historical trading multiples, past business performance, and future growth projections. For in-depth insights and detailed data, visit the Las Vegas Sands Corp (LVS) Summary page.
Investors considering Las Vegas Sands Corp should weigh these forecasts and analyses carefully, taking into account both the potential challenges and opportunities that may influence the company's trajectory in the coming quarters.
