Las Vegas Sands Corp. ($LVS) Stock Forecast: Up 7.1% Today

What is Las Vegas Sands Corp.?

Las Vegas Sands (LVS): Las Vegas Sands, a multinational casino and resort company with properties in the United States and Asia, experienced a strong bullish movement today.

Why is Las Vegas Sands Corp. going up?

LVS stock is up 7.1% on Sep 27, 2024 14:41

• The positive sentiment surrounding Las Vegas Sands (LVS) may have led to the bullish movement, suggesting that investors see it as a promising opportunity.
• The recent partnership between Marriott and Sands China to launch the Londoner Grand in Macao could have influenced the upward trend, indicating potential growth prospects for Las Vegas Sands in the region.
• The general market optimism, particularly in Chinese equities following the stimulus package announced by China's Central Bank, might have also benefited LVS stock, considering its significant presence in the Asian market.

LVS Price Chart

LVS News

This Is What Whales Are Betting On Las Vegas Sands - Las Vegas Sands ( NYSE:LVS )

Investors with a lot of money to spend have taken a bearish stance on Las Vegas Sands LVS. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/24/09/41068000/this-is-what-whales-are-betting-on-las-vegas-sands

Las Vegas Sands ( LVS ) Soars 8.0%: Is Further Upside Left in the Stock?

Las Vegas Sands (LVS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

https://www.zacks.com/stock/news/2342425/las-vegas-sands-lvs-soars-80-is-further-upside-left-in-the-stock

Marriott to Open Londoner Grand in Macao With Sands China

MAR is set to expand its geographic footprint with the debut of its Luxury Collection brand, Londoner Grand, in Macao, in partnership with Sands China.

https://www.zacks.com/stock/news/2341513/marriott-to-open-londoner-grand-in-macao-with-sands-china

Chinese Equities Rally on Stimulus Package: Top Stocks to Consider

Chinese stocks have seen a nice rally over the last few days following Monday's announcement that China's Central Bank will implement a stimulus package to boost its slowing economy.

https://www.zacks.com/commentary/2340811/chinese-equities-rally-on-stimulus-package-top-stocks-to-consider

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Las Vegas Sands Corp. Price History

26.08.2024 - LVS Stock was up 9.1%

• LVS likely benefited from the news of a partnership between Marriott and Sands China, indicating growth potential for both companies in Macao.
• The surge in Chinese equities post-stimulus package announcement may have also boosted LVS, given its operations in Macao, a crucial market for Chinese tourism and consumer expenditure.
• The generally positive market sentiment towards Chinese stocks might have influenced LVS' upward trend today.

27.08.2024 - LVS Stock was up 7.1%

• The positive sentiment surrounding Las Vegas Sands (LVS) may have led to the bullish movement, suggesting that investors see it as a promising opportunity.
• The recent partnership between Marriott and Sands China to launch the Londoner Grand in Macao could have influenced the upward trend, indicating potential growth prospects for Las Vegas Sands in the region.
• The general market optimism, particularly in Chinese equities following the stimulus package announced by China's Central Bank, might have also benefited LVS stock, considering its significant presence in the Asian market.

29.10.2023 - LVS Stock was down 7.3%

• The bearish movement in LVS stock today can be attributed to the news of Mark Cuban selling a majority stake in the Dallas Mavericks to the Adelson family, who also announced the sale of $2 billion worth of LVS shares. This news likely caused uncertainty and concern among investors, leading to a sell-off of LVS stock. The market may be reacting to the potential impact of this ownership change on the future prospects of the company.

01.02.2024 - LVS Stock was down 5.0%

• A 15.38% rise in the short percent of float indicates increasing bearish sentiment among investors regarding Las Vegas Sands.
• The company's initiatives to enhance hospitality skills and career growth may be overshadowed by broader economic worries or industry-specific issues.
• External factors like regulatory adjustments, competitive challenges, or general market volatility could also contribute to the negative impact on the stock.

18.03.2024 - LVS Stock was down 9.5%

• Despite reporting better-than-expected first-quarter results with increased earnings and revenues, Las Vegas Sands shares dipped by 6.8%.
• Analysts cutting their forecasts after the positive earnings report might have contributed to the bearish sentiment in the market.
• The overall market trend of futures rising after four consecutive days of losses could have influenced profit-taking behavior among investors, leading to the decline in LVS stock.
• The mixed performance of commodities, falling oil prices, and higher precious and base metals could have also impacted investor sentiment, causing a sell-off in Las Vegas Sands stock despite the positive financial results.

01.02.2024 - LVS Stock was down 5.1%

• The stock of Las Vegas Sands (LVS) experienced a strong bearish movement today.
• The increase in the short percent of float by 15.38% suggests a growing bearish sentiment among investors towards LVS.
• Despite the company's efforts in advancing hospitality skills and career development, the market seems to be focusing more on the negative sentiment, potentially driven by concerns about the company's financial performance or industry outlook.
• The upgrade in the Composite Rating of Light & Wonder (LNW) might have diverted investor attention towards other stocks, contributing to the bearish movement in LVS.

19.09.2023 - LVS Stock was up 5.5%

• The bullish movement in LVS stock today can be attributed to the following factors:
• 1. Macau Tourism Recovery: The article mentions that Las Vegas Sands has benefited from a resilient, post-pandemic gaming sector in Macau and Singapore. This suggests that the company's revenue has received a boost from the recovery in tourism in these regions, which has positively impacted investor sentiment.
• 2. Robust Top-Line Beat: Another article highlights that Las Vegas Sands reported a robust top-line beat for the third quarter of the fiscal year. This indicates that the company's financial performance exceeded market expectations, leading to increased investor confidence and driving the bullish movement in the stock.
• 3. Share Buyback Announcement: The same article mentions that Las Vegas Sands announced a $2 billion share buyback program. Share buybacks are often viewed positively by investors as they indicate that the company believes its stock is undervalued. This announcement likely contributed to the bullish movement in LVS stock.
• Overall, the bullish market movement in Las Vegas Sands stock today can be attributed to the company's strong financial performance, the recovery in Macau tourism, and the announcement of a share buyback program.

24.09.2023 - LVS Stock was up 5.3%

• Today, LVS experienced a strong bullish movement, and here's why:
• an article from Investors Business Daily highlights that a casino games maker, Light & Wonder, is flashing a bullish signal, which could indicate positive sentiment in the overall casino industry, including LVS.
• an article from Benzinga mentions that LVS has outperformed the market over the past 15 years, suggesting a track record of strong performance.
• an article from Investing.com reports that LVS, along with Disney, reported strong earnings, which could have contributed to the bullish movement.
• an article from CNBC suggests that a rebound in spending by Chinese travelers, which benefited LVS, could also positively impact other companies in the industry, such as Wynn Resorts.
• an article from CNBC emphasizes that China's travel and tourism industry is fueling LVS's cash flow, indicating a positive market outlook for the company.
• Overall, the bullish movement in LVS today could be attributed to positive industry signals, strong historical performance, robust earnings, and the rebound in spending by Chinese travelers.

20.01.2024 - LVS Stock was down 2.9%

• The bearish movement in Las Vegas Sands (LVS) today could be attributed to:
• Financial giants making conspicuous bearish moves on the stock, with 77% of traders showing bearish tendencies.
• The negative sentiment from the options market, where only 22% of traders were bullish on LVS.
• Despite its strong historical performance, the current market conditions and investor sentiment seem to have driven the stock lower.
• It appears that investors are cautious about the obstacles facing companies like Las Vegas Sands in the current economic environment, which might have contributed to the bearish movement in the stock today.

15.10.2023 - LVS Stock was up 5.0%

• The bullish movement in LVS stock today can be attributed to several factors:
• 1. Positive expectations for Q3 earnings: Despite the recent September slide caused by a cyberattack, analysts are optimistic about Las Vegas Sands' upcoming earnings report. This positive sentiment is likely driving investor confidence and pushing the stock higher.
• 2. Strong performance of other casino stocks: The overall performance of the casino industry, as indicated by the earnings beats of Century Casinos and Red Rock Resorts, is likely boosting investor sentiment towards Las Vegas Sands. The robust revenues from the United States reported by Century Casinos may indicate a broader recovery in the sector.
• 3. Focus on diversity and inclusion: Las Vegas Sands' efforts to create a diverse, equitable, and inclusive culture, as highlighted in one of the articles, may also be positively influencing investor perception of the company. Such initiatives can enhance employee morale and contribute to long-term growth prospects.
• 4. Outperforming competitors: Despite the September slide, Las Vegas Sands' stock performance for the year is ahead of its competitors, such as Wynn Resorts and Caesars Entertainment. This relative outperformance may be attracting investors who see potential for future growth and recovery.
• Overall, the bullish movement in LVS stock today can be attributed to positive expectations for earnings, the strong performance of the casino industry, focus on diversity and inclusion, and the company's relative outperformance compared to competitors.

18.03.2024 - LVS Stock was down 7.1%

• Today, despite Las Vegas Sands Corp reporting earnings and revenue that beat analyst expectations in Q1 2024, the stock experienced a strong bearish movement. Here's a witty assessment of the situation:
• The market's initial optimism with futures rising after four straight days of losses did not translate into sustained gains for Las Vegas Sands, indicating specific concerns within the sector.
• The "unwarranted negative view" on the gaming sector highlighted by analyst Vitaly Umansky might have influenced investor sentiment towards Las Vegas Sands, overshadowing its strong performance.
• While the company's financials were impressive, the broader market sentiment and sector-specific factors likely played a significant role in the bearish movement of LVS stock today.
• Investors may be cautious about the company's future outlook, particularly in the context of global economic uncertainties and potential challenges in specific markets like Singapore mentioned by analysts.

01.06.2024 - LVS Stock was down 2.0%

• The decline in LVS stock today may be linked to:
• Discussions about undervalued stocks and concerns about a potential downcycle in certain companies, which could have impacted views on LVS's future earnings and growth prospects, prompting selling.
• Reports of hedge funds purchasing stocks other than LVS, possibly shifting investor focus away from the company and reducing buying interest.
• Investors could be reassessing LVS's value and growth opportunities, leading to profit-taking and downward pressure on the stock.
• Market sentiment towards the tourism and gambling sectors, influenced by uncertainties surrounding travel restrictions and consumer spending, might also be affecting LVS.