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Las Vegas Sands (LVS) Falls: Stock Goes Down 5.1%

Zacks Equity Research

Las Vegas Sands Corp. (LVS) saw a big move last session, as the company’s shares fell by over 5 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend for LVS, as the stock is now down over 14% in the past one month time frame.

This slump shouldn’t be too much of a surprise to investors, as the Gaming Company has seen 4 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

LVS currently has a Zacks Rank # 3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the Gaming industry include 500.com Limited (WBAI), Ladbrokes PLC (LDBKY) and MGM Resorts International (MGM). While 500.com holds a Zacks Rank #1 (Strong Buy), Ladbrokes and MGM Resorts carry a Zacks Rank #2 (Buy).

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(LVS): Free Stock Analysis Report

500WANCOM LTD (WBAI): Free Stock Analysis Report

MGM RESORTS INTERNATIONAL (MGM): Free Stock Analysis Report

LADBROKES SP ADR (LDBKY): Free Stock Analysis Report


Zacks Investment Research