Las Vegas Sands (NYSE:LVS – Get Free Report) had its target price cut by investment analysts at Argus from $80.00 to $60.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm presently has a “buy” rating on the casino operator’s stock. Argus’ price objective would indicate a potential upside of 13.75% from the company’s current price.
Several other research analysts have also recently issued reports on LVS. Morgan Stanley raised their target price on shares of Las Vegas Sands from $63.00 to $67.00 and gave the stock an “equal weight” rating in a report on Friday, January 16th. Jefferies Financial Group cut their price target on shares of Las Vegas Sands from $78.00 to $72.00 and set a “buy” rating on the stock in a report on Friday. Seaport Research Partners lowered their price objective on shares of Las Vegas Sands from $75.00 to $72.00 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Wall Street Zen upgraded shares of Las Vegas Sands from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 17th. Finally, The Goldman Sachs Group reduced their price target on Las Vegas Sands from $80.00 to $73.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.61.
Check Out Our Latest Research Report on LVS
Las Vegas Sands Stock Up 0.1%
Las Vegas Sands (NYSE:LVS – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The casino operator reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.08. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.33 billion. Las Vegas Sands had a return on equity of 87.01% and a net margin of 12.50%.Las Vegas Sands’s revenue for the quarter was up 26.0% compared to the same quarter last year. During the same period last year, the company earned $0.54 EPS. On average, equities analysts expect that Las Vegas Sands will post 2.6 EPS for the current year.
Insider Activity
In other news, CEO Robert G. Goldstein sold 1,198,650 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $66.68, for a total value of $79,925,982.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP D. Zachary Hudson sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $64.99, for a total value of $6,499,000.00. Following the completion of the transaction, the executive vice president owned 13,735 shares of the company’s stock, valued at approximately $892,637.65. The trade was a 87.92% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 3,582,053 shares of company stock worth $238,846,399. Company insiders own 1.20% of the company’s stock.
Institutional Trading of Las Vegas Sands
Hedge funds and other institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp increased its stake in shares of Las Vegas Sands by 0.3% in the 3rd quarter. Mackenzie Financial Corp now owns 53,945 shares of the casino operator’s stock worth $2,902,000 after acquiring an additional 156 shares in the last quarter. Westside Investment Management Inc. grew its holdings in Las Vegas Sands by 48.0% in the third quarter. Westside Investment Management Inc. now owns 512 shares of the casino operator’s stock worth $28,000 after purchasing an additional 166 shares during the period. Parallel Advisors LLC grew its holdings in Las Vegas Sands by 7.8% in the third quarter. Parallel Advisors LLC now owns 2,449 shares of the casino operator’s stock worth $132,000 after purchasing an additional 177 shares during the period. Alps Advisors Inc. increased its stake in shares of Las Vegas Sands by 2.4% during the third quarter. Alps Advisors Inc. now owns 8,528 shares of the casino operator’s stock valued at $459,000 after purchasing an additional 197 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC lifted its holdings in shares of Las Vegas Sands by 0.3% during the second quarter. Horizon Kinetics Asset Management LLC now owns 61,993 shares of the casino operator’s stock valued at $2,697,000 after purchasing an additional 213 shares during the last quarter. 39.16% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Las Vegas Sands
Here are the key news stories impacting Las Vegas Sands this week:
- Positive Sentiment: Q4 beat on revenue and EPS, driven by record Marina Bay Sands EBITDA — this supports the company’s top-line momentum and underpins analyst upside revisions. Reuters: Quarterly profit rises
- Positive Sentiment: Management declared a 20% higher quarterly dividend ($0.30), raising the yield (~2.3%) and returning cash to shareholders — a tangible near-term support for the stock. Dividend announcement
- Positive Sentiment: Several brokers raised price targets or reiterated bullish ratings after the quarter (Deutsche Bank to $77, HSBC to $73, Macquarie reaffirmed Outperform), signaling analyst conviction in recovery potential. Benzinga: analyst reactions
- Neutral Sentiment: Goldman reduced its target from $80 to $73 but kept a Buy rating; Stifel trimmed its target to $72 while maintaining Buy — these are adjustments to reflect Q4 details but still leave sizable upside in consensus targets. MarketScreener: Goldman adjustment
- Negative Sentiment: Macao EBITDA margins fell meaningfully (reported ~390 bps decline), and management signaled margin recovery is a focus — the margin miss triggered a large sell-off and renewed concern about competitive pressure and market concentration in Macau. Forbes: Macao margin miss
- Negative Sentiment: Press pieces highlight a “Macau problem” and concentration risk — combined coverage (Barron’s, WSJ, Motley Fool) amplified investor selling despite the quarter’s headline beat. Barron’s: Macau problem
About Las Vegas Sands
Las Vegas Sands (NYSE: LVS) is a global developer and operator of integrated resorts, focused on large-scale properties that combine casino gaming with hotels, convention and exhibition facilities, retail, dining, and entertainment. The company’s operations center on developing and managing full-service resort complexes that serve both leisure and business travelers, with emphasis on convention and trade-show business in addition to gaming revenue streams.
The company’s portfolio has included prominent properties in North America and Asia, most notably The Venetian Resort in Las Vegas and Marina Bay Sands in Singapore, along with a significant presence in Macau through multiple integrated resorts.
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