Rating on Wynn Resorts (NASDAQ:WYNN) is Equal-Weight. Its Maintains by Morgan Stanley with $200 Target.

June 27, 2018 - By Joseph March

Wynn Resorts, Limited (NASDAQ:WYNN) Corporate Logo

Big Money Sentiment decreased to 0.9 in 2018 Q1. It has change of 0.33, from 2017Q4’s 1.23. The ratio fall due to Wynn Resorts, Limited positioning: 75 sold and 165 reduced. 88 funds amassed stakes and 128 increased stakes. Investors holded 71.04 million in 2017Q4 but now own 80.81 million shares or 13.75% more.

Lakeview Capital Prtnrs Ltd Company owns 1,200 shs or 0.17% of their US capital. Macquarie Ltd holds 42,542 shs. Trustmark National Bank Tru Department invested in 0.03% or 1,630 shs. M&T Bankshares Corporation reported 3,938 shs stake. Miles owns 1,105 shs. New Mexico Educational Retirement Board invested in 0.05% or 7,594 shs. Moreover, Shellback Capital L P has 1.59% invested in Wynn Resorts, Limited (NASDAQ:WYNN) for 119,859 shs. Panagora Asset Management, Massachusetts-based fund reported 8,352 shs. Arizona State Retirement invested 0.08% of its capital in Wynn Resorts, Limited (NASDAQ:WYNN). Preferred Ltd Liability Company invested 0.01% of its capital in Wynn Resorts, Limited (NASDAQ:WYNN). Comml Bank invested in 0.02% or 7,888 shs. Beddow Cap Mngmt invested in 28,823 shs or 2.12% of the stock. Cubist Systematic Strategies Llc invested in 0.37% or 34,460 shs. 385,706 were reported by Jpmorgan Chase Company. Goldman Sachs Grp Incorporated has 668,969 shs.

Wynn Resorts, Limited had 5 selling transactions and 0 insider buys since March 21, 2018. This’s net activity of $2.15 billion. On Wednesday, May 2 10,000 shs were sold by MILLER ROBERT JOS, worth $1.92M. On Tuesday, May 1 the insider MADDOX MATT sold $3.53M.

Reiterated Wynn Resorts (NASDAQ:WYNN) Rating.

Wynn Resorts (NASDAQ:WYNN)‘s stock Equal-Weight rating was kept by Morgan Stanley on 26 June. The broker’s Equities researchers have a $200 PT and would indicate a potential upside of 18.98 % on the stock.

Wynn Resorts, Limited (NASDAQ:WYNN) Ratings Coverage

Total analysts of 15 have positions in Wynn Resorts (NASDAQ:WYNN) as follows: 10 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 67%. Since January 19, 2018 according to StockzIntelligence Inc Wynn Resorts has 39 analyst reports. On Friday, January 19 the stock of Wynn Resorts, Limited (NASDAQ:WYNN) earned “Hold” rating by Susquehanna. On Tuesday, January 23 the firm earned “Buy” rating by Roth Capital. On Monday, January 29 the company was maintained by Nomura. On Monday, June 4 Deutsche Bank maintained Wynn Resorts, Limited (NASDAQ:WYNN) rating. Deutsche Bank has “Buy” rating and $21500 target. On Tuesday, January 23 the rating was maintained by Stifel Nicolaus with “Hold”. On Tuesday, June 26 the company was maintained by Morgan Stanley. On Wednesday, April 25 Jefferies maintained Wynn Resorts, Limited (NASDAQ:WYNN) with “Buy” rating. On Wednesday, April 25 the stock has “Equal-Weight” rating by Morgan Stanley. On Monday, January 29 the firm has “Neutral” rating given by UBS. The stock rating was maintained by Nomura with “Buy” on Wednesday, April 25.

WYNN hit $168.0993 during the last trading session after $0.8993 change.Currently Wynn Resorts, Limited is uptrending after 56.07% change in last June 27, 2017. WYNN has 656,729 shares volume. The stock outperformed the S&P 500 by 43.50%.

Investors wait Wynn Resorts, Limited (NASDAQ:WYNN)’s quarterly earnings on July, 24., RTT reports. This year’s earnings per share analyst estimate is awaited to be $2.05. That is 73.73 % up compareed to $1.18 earnings per share for last year. If reported the P/E will be 20.50 with $222.61 million profit. Last quarter $2.30 earnings per share was reported. Analysts predicts -10.87 % negative EPS growth this quarter.

Wynn Resorts, Limited develops, owns, and operates destination casino resorts.The firm is valued at $18.25 billion. As of February 15, 2018, the company's Wynn Macau segment had approximately 273,000 square feet of casino space, which offered 316 table games and 988 slot machines, private gaming salons, sky casinos, and a poker pit; 2 luxury hotel towers with a total of 1,008 guest rooms and suites; 8 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; recreation and leisure facilities comprising 2 health clubs, spas, a salon, and a pool; and a rotunda show, a Chinese zodiac-inspired ceiling.39.09 is the P/E ratio. The Company’s Wynn Palace segment had approximately 420,000 square feet of casino space that offers 323 table games and 1,115 slot machines, private gaming salons, and sky casinos; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; 11 food and beverage outlets; 106,000 square feet of retail space; 37,000 square feet of meeting and convention space; recreation and leisure facilities, including a gondola ride, health club, spa, salon, and pool; and public attractions, such as a performance lake and floral art displays.

For more Wynn Resorts, Limited (NASDAQ:WYNN) news brought out recently go to: Finance.Yahoo.com, Streetinsider.com, Seekingalpha.com, Marketwatch.com or Nasdaq.com. The titles are as follows: “Real or Not, Trade War Fears Are Enough to Stay Away from Apple Stock” brought out on June 23, 2018, “Wynn Resorts (WYNN) PT Raised to $200 at Morgan Stanley” on June 26, 2018, “Wynn: A Long Shot Play On Sports Betting Narrows The Gap As New Management Takes Hold” with a publish date: June 14, 2018, “‘Flash boys’ exchange IEX hits back at Nasdaq lawsuit” and the last “Wynn Resorts’ New CEO Faces Test With $2.5 Billion Boston Project” with publication date: June 20, 2018.

Wynn Resorts, Limited (NASDAQ:WYNN) Institutional Investors Chart

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