After Today’s Bullish Options Activity, Is Las Vegas Sands Corp.’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is Las Vegas Sands Corp.'s Near Term Analysis Positive?

In today’s session Las Vegas Sands Corp. (LVS) registered an unusually high (590) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious LVS increase. With 590 contracts traded and 7504 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: LVS161118C00065000 closed last at: $0.53 or 39.5% up. About 948,318 shares traded hands. Las Vegas Sands Corp. (NYSE:LVS) has risen 15.22% since March 2, 2016 and is uptrending. It has outperformed by 6.97% the S&P500.

Analysts await Las Vegas Sands Corp. (NYSE:LVS) to report earnings on October, 19. They expect $0.59 EPS, down 10.61% or $0.07 from last year’s $0.66 per share. LVS’s profit will be $468.46 million for 25.16 P/E if the $0.59 EPS becomes a reality. After $0.52 actual EPS reported by Las Vegas Sands Corp. for the previous quarter, Wall Street now forecasts 13.46% EPS growth.

Las Vegas Sands Corp. (NYSE:LVS) Ratings Coverage

Out of 14 analysts covering Las Vegas Sands (NYSE:LVS), 8 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 57% are positive. $65 is the highest target while $42 is the lowest. The $50.49 average target is -14.96% below today’s ($59.37) stock price. Las Vegas Sands has been the topic of 29 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Las Vegas Sands Corp. (NYSE:LVS) has “Hold” rating given on Thursday, August 20 by Vetr. The firm earned “Neutral” rating on Thursday, August 11 by Buckingham Research. CLSA maintained the shares of LVS in a report on Friday, April 29 with “Outperform” rating. The firm has “Buy” rating given on Thursday, April 21 by Stifel Nicolaus. The stock has “Sell” rating given by Vetr on Wednesday, August 12. Stifel Nicolaus maintained the shares of LVS in a report on Thursday, October 22 with “Hold” rating. The firm has “Equalweight” rating by Barclays Capital given on Wednesday, July 27. The firm has “Buy” rating by Citigroup given on Wednesday, April 13. The stock has “Hold” rating given by Vetr on Thursday, August 6. JP Morgan downgraded Las Vegas Sands Corp. (NYSE:LVS) rating on Thursday, April 21. JP Morgan has “Neutral” rating and $52 price target.

According to Zacks Investment Research, “Las Vegas Sands Corp. is a hotel, gaming, and retail mall company headquartered in Las Vegas, Nevada. The company owns The Venetian Resort Hotel Casino, the Sands Expo and Convention Center, Venetian Interactive, an internet based venture, and Venetian Macao Limited, a developer of multiple casino hotel resort properties in The People’s Republic of China’s Special Administrative Region of Macao.”

Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.25, from 1.35 in 2016Q1. The ratio turned negative, as 72 funds sold all Las Vegas Sands Corp. shares owned while 119 reduced positions. 42 funds bought stakes while 168 increased positions. They now own 297.43 million shares or 2.96% less from 306.52 million shares in 2016Q1.
Moreover, American Century Companies has 0.04% invested in Las Vegas Sands Corp. (NYSE:LVS) for 888,587 shares. Bank & Trust Of Montreal Can last reported 314,164 shares in the company. Commerzbank Aktiengesellschaft Fi has 0.03% invested in the company for 86,188 shares. Cap Fund Mgmt Sa holds 318,604 shares or 0.13% of its portfolio. Dynamic Solutions Ltd last reported 0.15% of its portfolio in the stock. Banced holds 0.53% of its portfolio in Las Vegas Sands Corp. (NYSE:LVS) for 7,394 shares. Secor Advsr Ltd Partnership accumulated 21,186 shares or 0.12% of the stock. Old Mutual Customised Solutions (Proprietary) Limited has 0.01% invested in the company for 1,000 shares. Arizona State Retirement Sys, a Arizona-based fund reported 45,274 shares. Aberdeen Asset Public Uk, a United Kingdom-based fund reported 18,393 shares. Private Advisor has 5,097 shares for 0.01% of their US portfolio. Envestnet Asset Mngmt has 0% invested in the company for 9,737 shares. Moreover, Monetta Fincl has 1.24% invested in Las Vegas Sands Corp. (NYSE:LVS) for 45,000 shares. Intl Inc Ca, a California-based fund reported 9,175 shares. The United Kingdom-based Pictet Asset Ltd has invested 0.03% in Las Vegas Sands Corp. (NYSE:LVS).

Las Vegas Sands Corp. is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The company has a market cap of $47.14 billion. The Firm owns and operates integrated resorts in Asia and the United States. It has a 28.93 P/E ratio. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States.

LVS Company Profile

Las Vegas Sands Corp., incorporated on August 9, 2004, is a developer of destination properties (integrated resorts) that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Firm owns and operates integrated resorts in Asia and the United States. The Company’s principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, the Company’s divisions are The Venetian Macao, Sands Cotai Central, Four Seasons Macao, Sands Macao and Other Asia (comprises the Company’s ferry activities and various other operations). In Singapore, the Company’s segment is Marina Bay Sands. In the United States, the Company’s divisions are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Company’s properties is an invitation-only club, which offers services and amenities, including luxury accommodations, restaurants, lounges and private gaming salons. The Firm also offers players club loyalty programs at its properties, which provide access to rewards, privileges and members-only events.

More notable recent Las Vegas Sands Corp. (NYSE:LVS) news were published by: Fool.com which released: “Why Shares of Las Vegas Sands Corp. Popped 15% in September” on October 03, 2016, also Forbes.com with their article: “Ex-Dividend Reminder: Las Vegas Sands, Marriott Vacations Worldwide and …” published on September 16, 2016, Benzinga.com published: “Goldman Previews Q3 Earnings For Macau Gaming” on October 05, 2016. More interesting news about Las Vegas Sands Corp. (NYSE:LVS) were released by: Reviewjournal.com and their article: “Gambling debt collection case alleges women ‘shills’ for high rollers” published on October 01, 2016 as well as Prnewswire.com‘s news article titled: “Las Vegas Sands and Sands Cares Increases Aid to Homeless in Las Vegas” with publication date: September 20, 2016.

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