Wynn Resorts (WYNN) Projected to Post Earnings on Thursday

Wynn Resorts (NASDAQ:WYNN) is expected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $1.77 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Wynn Resorts Price Performance

Shares of WYNN opened at $78.97 on Tuesday. The business’s 50 day simple moving average is $86.71 and its 200-day simple moving average is $86.92. Wynn Resorts has a 1 year low of $71.63 and a 1 year high of $110.38. The stock has a market capitalization of $8.67 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 2.32 and a beta of 1.76.

Wall Street Analysts Forecast Growth

WYNN has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of Wynn Resorts from $125.00 to $122.00 and set an “overweight” rating for the company in a research report on Tuesday, November 5th. Macquarie reaffirmed an “outperform” rating and issued a $120.00 price target on shares of Wynn Resorts in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on Wynn Resorts from $122.00 to $118.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Barclays lowered their price objective on Wynn Resorts from $125.00 to $119.00 and set an “overweight” rating for the company in a research note on Tuesday, November 5th. Finally, Morgan Stanley increased their price target on Wynn Resorts from $112.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, October 22nd. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Wynn Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.00.

About Wynn Resorts

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.