Las Vegas Sands (NYSE:LVS) Given New $64.00 Price Target at Stifel Nicolaus

Las Vegas Sands (NYSE:LVS - Get Free Report) had its price target upped by equities research analysts at Stifel Nicolaus from $55.00 to $64.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the casino operator's stock. Stifel Nicolaus' target price suggests a potential upside of 21.97% from the stock's previous close.

LVS has been the subject of a number of other research reports. Barclays boosted their target price on shares of Las Vegas Sands from $52.00 to $58.00 and gave the stock an "overweight" rating in a research report on Thursday, October 17th. UBS Group downgraded Las Vegas Sands from a "buy" rating to a "neutral" rating and decreased their target price for the company from $70.00 to $49.00 in a research note on Friday, August 23rd. StockNews.com downgraded Las Vegas Sands from a "buy" rating to a "hold" rating in a research report on Thursday, July 25th. Morgan Stanley increased their price objective on Las Vegas Sands from $50.00 to $55.00 and gave the company an "overweight" rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Las Vegas Sands from $53.00 to $60.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 15th. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Las Vegas Sands presently has a consensus rating of "Moderate Buy" and a consensus price target of $57.92.

Las Vegas Sands Stock Up 2.8 %

Shares of LVS traded up $1.43 during trading hours on Thursday, hitting $52.47. 8,057,154 shares of the company were exchanged, compared to its average volume of 5,774,551. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.57 and a current ratio of 1.58. The company has a market cap of $39.09 billion, a PE ratio of 25.35, a PEG ratio of 1.48 and a beta of 1.12. The firm's 50 day moving average is $44.94 and its 200-day moving average is $44.40. Las Vegas Sands has a 52 week low of $36.62 and a 52 week high of $55.65.

Las Vegas Sands (NYSE:LVS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The casino operator reported $0.44 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.09). Las Vegas Sands had a net margin of 14.08% and a return on equity of 44.41%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter last year, the business earned $0.55 EPS. The company's revenue for the quarter was down 4.0% on a year-over-year basis. On average, equities research analysts forecast that Las Vegas Sands will post 2.45 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LVS. CVA Family Office LLC grew its holdings in shares of Las Vegas Sands by 118.8% in the 3rd quarter. CVA Family Office LLC now owns 560 shares of the casino operator's stock worth $28,000 after purchasing an additional 304 shares during the last quarter. Bank & Trust Co bought a new stake in Las Vegas Sands during the second quarter worth about $29,000. Fidelis Capital Partners LLC acquired a new stake in shares of Las Vegas Sands during the first quarter worth approximately $43,000. GAMMA Investing LLC raised its stake in shares of Las Vegas Sands by 40.1% in the third quarter. GAMMA Investing LLC now owns 849 shares of the casino operator's stock valued at $43,000 after acquiring an additional 243 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Las Vegas Sands by 93.2% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 906 shares of the casino operator's stock worth $40,000 after acquiring an additional 437 shares in the last quarter. 39.16% of the stock is currently owned by institutional investors and hedge funds.

About Las Vegas Sands

Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Macao and Singapore. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.