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Wynn Resorts (WYNN) Stock Moves -1.31%: What You Should Know
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In the latest trading session, Wynn Resorts (WYNN - Free Report) closed at $56.35, marking a -1.31% move from the previous day. This change was narrower than the S&P 500's 2.37% loss on the day. Meanwhile, the Dow lost 1.35%, and the Nasdaq, a tech-heavy index, lost 0.24%.
Coming into today, shares of the casino operator had lost 12.46% in the past month. In that same time, the Consumer Discretionary sector lost 9.74%, while the S&P 500 lost 6.51%.
Wynn Resorts will be looking to display strength as it nears its next earnings release. In that report, analysts expect Wynn Resorts to post earnings of -$1.20 per share. This would mark year-over-year growth of 3.23%. Our most recent consensus estimate is calling for quarterly revenue of $852.25 million, down 14.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$3.77 per share and revenue of $3.86 billion. These totals would mark changes of +38.4% and +2.68%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Wynn Resorts. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.82% lower within the past month. Wynn Resorts is currently sporting a Zacks Rank of #4 (Sell).
The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 71, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Wynn Resorts (WYNN) Stock Moves -1.31%: What You Should Know
In the latest trading session, Wynn Resorts (WYNN - Free Report) closed at $56.35, marking a -1.31% move from the previous day. This change was narrower than the S&P 500's 2.37% loss on the day. Meanwhile, the Dow lost 1.35%, and the Nasdaq, a tech-heavy index, lost 0.24%.
Coming into today, shares of the casino operator had lost 12.46% in the past month. In that same time, the Consumer Discretionary sector lost 9.74%, while the S&P 500 lost 6.51%.
Wynn Resorts will be looking to display strength as it nears its next earnings release. In that report, analysts expect Wynn Resorts to post earnings of -$1.20 per share. This would mark year-over-year growth of 3.23%. Our most recent consensus estimate is calling for quarterly revenue of $852.25 million, down 14.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$3.77 per share and revenue of $3.86 billion. These totals would mark changes of +38.4% and +2.68%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Wynn Resorts. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.82% lower within the past month. Wynn Resorts is currently sporting a Zacks Rank of #4 (Sell).
The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 71, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.