Wynn Resorts, Limited (WYNN) Earns Daily Media Impact Score of 0.20
Media coverage about Wynn Resorts, Limited (NASDAQ:WYNN) has trended somewhat positive on Monday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wynn Resorts, Limited earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news coverage about the casino operator an impact score of 91 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- Vetr Inc. Upgrades Wynn Resorts, Limited (NASDAQ:WYNN) to Buy (americanbankingnews.com)
- Analysts Expect Wynn Resorts, Limited (NASDAQ:WYNN) Will Announce Quarterly Sales of $1.45 Billion (americanbankingnews.com)
- Wynn Resorts, Limited (WYNN)’s PE ratio of 51.46 reveals positive or negative future performance? – Street Observer (press release) (streetobserver.com)
- Analysts Anticipate Wynn Resorts, Limited (NASDAQ:WYNN) to Post $1.09 EPS (americanbankingnews.com)
- Why Cyberark Software Ltd (CYBR), Teva Pharmaceutical Industries Ltd (ADR) (TEVA) and Wynn Resorts, Limited (WYNN) Are 3 of Today’s Worst Stocks (investorplace.com)
Wynn Resorts, Limited (WYNN) traded down 0.12% during trading on Monday, hitting $130.26. 1,110,461 shares of the stock were exchanged. The stock’s 50 day moving average price is $130.68 and its 200 day moving average price is $110.37. The stock has a market cap of $13.25 billion, a P/E ratio of 49.51 and a beta of 1.73. Wynn Resorts, Limited has a 12 month low of $82.51 and a 12 month high of $139.67. Wynn Resorts, Limited also was the target of some unusual options trading activity on Friday. Stock investors purchased 13,002 call options on the stock. This represents an increase of approximately 118% compared to the average daily volume of 5,956 call options.
Wynn Resorts, Limited (NASDAQ:WYNN) last issued its earnings results on Tuesday, April 25th. The casino operator reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.28. Wynn Resorts, Limited had a net margin of 5.41% and a return on equity of 264.58%. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the business posted $1.07 EPS. The company’s revenue for the quarter was up 47.9% on a year-over-year basis. Analysts forecast that Wynn Resorts, Limited will post $4.76 EPS for the current fiscal year.
Several analysts have recently issued reports on WYNN shares. TheStreet upgraded shares of Wynn Resorts, Limited from a “c” rating to a “b-” rating in a research report on Thursday, March 30th. Vetr upgraded shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating and set a $120.45 target price on the stock in a research report on Wednesday, March 29th. Argus upgraded shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating and upped their target price for the company from $119.80 to $135.00 in a research report on Wednesday, April 5th. Aegis upgraded shares of Wynn Resorts, Limited from a “hold” rating to a “buy” rating and set a $121.00 target price on the stock in a research report on Tuesday, March 21st. Finally, Zacks Investment Research upgraded shares of Wynn Resorts, Limited from a “strong sell” rating to a “buy” rating and set a $131.00 target price on the stock in a research report on Monday, April 10th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $122.83.
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In related news, President Matt Maddox sold 60,000 shares of the stock in a transaction on Thursday, April 27th. The shares were sold at an average price of $124.25, for a total transaction of $7,455,000.00. Following the completion of the sale, the president now owns 354,895 shares in the company, valued at approximately $44,095,703.75. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John J. Hagenbuch sold 1,150 shares of the stock in a transaction on Wednesday, May 17th. The stock was sold at an average price of $128.40, for a total transaction of $147,660.00. Following the sale, the director now owns 11,662 shares of the company’s stock, valued at approximately $1,497,400.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 130,309 shares of company stock valued at $16,761,891. Company insiders own 13.20% of the company’s stock.
About Wynn Resorts, Limited
Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company’s segments include Macau Operations and Las Vegas Operations.
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