Published: Wed, February 01, 2017
Markets | By Erika Turner

Wynn Resorts, Limited (WYNN) Earns "Market Perform" Rating from Wells Fargo & Company


Among analysts who offered their Analysis on Williams Companies, Inc. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock.

Growth Estimate for Williams Companies, Inc. That number is expected to continue to improve as gambling revenues are forecasted to grow by 7 percent in 2017, according to analysts surveyed by Bloomberg. We believe that reducing its reliability on VIP gaming and adding other revenue streams will provide stability to Wynn's growth in the coming years. Kinder Morgan, Inc. (NYSE:KMI)'s shares now have an ABR of 1.7.

Earnings surprise history: Last quarter, the company posted approximately $1.3 billion in revenue and EPS of $0.50. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.94%.

ATR value of company was 2.75. They now have a United States dollars 95 price target on the stock. 14 Analysts think that the Price Target for Williams Companies, Inc. Wynn Resorts Limited was Reiterated by Telsey Advisory Group on Nov 3, 2016 to Outperform, Lowers Price Target to $ 105 from a previous price target of $115.Wynn Resorts Limited was Reiterated by Stifel on Nov 3, 2016 to Hold, Lowers Price Target to $ 103 from a previous price target of $106. Adjusted net income attributable to Wynn Resorts, Limited (1) was $51.0 million, or $0.50 per diluted share, for the fourth quarter of 2016, compared to $104.1 million, or $1.03 per diluted share, for the same period of 2015. When calculating EPS estimates for the current year from sell-side analysts, the Price to current year EPS stands at 23.90%. The stock touched its high share price of $109.5 on Sep 15, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Feb 11, 2016 as $56.51. Current stock price is in the upbeat territory taking into account of 20 days moving average with -2.78% and continued bullish run for 50 days moving average with -2.87%. During its last trading session, Stock traded with the total exchanged volume of 2.48 million shares. The firm has floated short ratio of 1.35%, hold to candle to sentiment indicator of Short Ratio, its stand at 0.57.

Relative Strength Index (RSI) was 68.14.

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For the last several months, shares of Wynn Resorts (WYY) have been trapped in a trading range, even though the stock is up 53% in the past year. A 1 rating would point to a Strong Buy, and a score of 5 would signify a Strong Sell rating. While some analysts have a High Price target for the stock of $134 and a Low Price Target of $87. The mean price target is calculated keeping in view the consensus of 20 analysts.

Wynn Resorts Ltd. (NASDAQ:WYNN) now has a consensus Price Target of $103.47.

Casino stocks could look to benefit from the recent surge in gaming revenues from Macau. Following the completion of the transaction, the director now owns 54,510 shares of the company's stock, valued at $4,748,911.20. It has a past 5-day performance of 10.7 percent and trades at an average volume of 3.07M shares. Wynn Resorts Ltd. (NASDAQ:WYNN) has a Return on Assets of 2.2 percent, Return on Equity of -237.9 percent, while Return on Investment of 5.8 percent. The casino operator reported $0.75 EPS for the quarter, missing the Zacks' consensus estimate of $0.78 by $0.03. (NASDAQ:DLTR) latest quarter ended on 31 Oct 2016, company revealed earnings of $0.72 a share.

Glancing over stock's performance with EPS trend, the current quarter estimates trends for EPS by pool of analysts was $0.90 and for one month ago was $0.96, as Q1 2017 Trends estimate stands at $0.94, according to WSJ analytic reports. The high end of the revenue guidance is $1.48 Billion and the low end is $1.29 Billion. Ltd. raised its position in shares of Wynn Resorts, Limited by 176.4% in the second quarter.

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