Wynn Resorts Stock Shoots Higher on Q4 Earnings Beat

Marco Green
January 23, 2018

The Tobam holds 14,440 shares with $2.15M value, up from 5,314 last quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. The stock increased 8.22% or $14.76 during the last trading session, reaching $194.4. About 12.65 million shares traded. Tuniu Corporation (NASDAQ:TOUR) has declined 8.27% since January 22, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

The property would include the existing casino-hotels and a planned lake and hotel development that Wynn calls Paradise Park. The stock of Tuniu Corporation (NASDAQ:TOUR) has "Buy" rating given on Tuesday, October 10 by Credit Suisse. The company has market cap of $1.05 billion. Insiders have sold a total of 95,055 shares of company stock worth $14,629,975 in the last three months. 21,451 shares were sold by Sinatra Kimmarie, worth $3.08 million.

Wynn Resorts (NASDAQ:WYNN) to go ex-dividend. It has outperformed by 20.93% the S&P500.

Since July 31, 2017, it had 0 insider buys, and 3 sales for $9.62 million activity. 42,900 shares valued at $6.15M were sold by MADDOX MATT on Friday, September 15.

Wynn Resorts, Limited (WYNN) has demonstrated a 20-day simple moving average (SMA) of 7.71%, and a 50-day SMA of 11.31%. Therefore 67% are positive.

Wynn Resorts, Limited (WYNN) now trades with a market capitalization of $18.04 Billion. Telsey Advisory Group maintained the stock with "Outperform" rating in Friday, July 29 report. Argus Research maintained the shares of T in report on Tuesday, April 11 with "Buy" rating. The firm has "Neutral" rating by Instinet given on Friday, January 27. Stifel Nicolaus lifted their price target on shares of Wynn Resorts from $134.00 to $153.00 and gave the stock a "hold" rating in a report on Friday, October 27th. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since January 22, 2017 and is uptrending. On Thursday, April 7 the stock rating was maintained by Jefferies with "Buy". Deutsche Bank maintained the shares of T in report on Tuesday, June 28 with "Buy" rating.

Shares of Wynn Resorts closed the previous trading session at 188.98 up +9.34 5.20% with 189.8000030517578 shares trading hands.

Wynn Resorts, Limited (NASDAQ:WYNN)'s market cap, the total dollar value of all of their outstanding shares, is 18035.86m. Its down 0.31, from 2.07 in 2017Q2. 64 funds opened positions while 138 raised stakes. About 2.56M shares traded or 53.10% up from the average. Schwab Charles Inv holds 0.04% or 293,263 shares.

Tobam decreased 58.Com Inc (NYSE:WUBA) stake by 156,628 shares to 11,375 valued at $718,000 in 2017Q3. Penn Capital Mngmt reported 12,986 shares stake. Thrivent Financial For Lutherans lifted its holdings in shares of Wynn Resorts by 4.1% during the 2nd quarter. Deutsche National Bank & Trust Ag has invested 0.03% in Wynn Resorts, Limited (NASDAQ:WYNN). The Rhode Island-based Coastline Tru Communications has invested 0.07% in Wynn Resorts, Limited (NASDAQ:WYNN). Secor Capital Limited Partnership reported 0.33% in Wynn Resorts, Limited (NASDAQ:WYNN). Capital Invsts stated it has 3.14M shares or 0.56% of all its holdings. Employees Retirement Sys Of Texas reported 1.03 million shares.

Want to see what other hedge funds are holding WYNN? Group One Trading L P reported 100 shares. Wynn Resorts had 64 analyst reports since July 31, 2015 according to SRatingsIntel. This is an increase over its earnings per share of 50 cents from the same period of the year prior. WYNN's profit will be $135.67 million for 36.20 P/E if the $1.32 EPS becomes a reality.

Earnings per share reported by Wynn Resorts, Limited for the fourth quarter of 2017 was $1.40.

Investors sentiment increased to 1.17 in Q3 2017. It is positive, as 77 investors sold T shares while 609 reduced holdings. Brinker invested 0.43% of its portfolio in AT&T Inc. Lucus Advisors Ltd Liability Corporation holds 0.35% in YuMe, Inc. Usa Fincl Portformulas accumulated 22,323 shares. It also upped Entegris Inc (NASDAQ:ENTG) stake by 234,466 shares and now owns 826,051 shares. Central owns 30,000 shares for 0.77% of their portfolio. (NYSE:YUME) or 7,734 shares. First Foundation Advsr reported 21,445 shares. After $0.25 actual EPS reported by Bridgepoint Education, Inc. for the previous quarter, Wall Street now forecasts -152.00% negative EPS growth. Aceto had 6 analyst reports since March 31, 2016 according to SRatingsIntel. The firm has "Buy" rating given on Monday, November 6 by Canaccord Genuity. The company was downgraded on Thursday, November 10 by Boenning & Scattergood.

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