Added to YB: 2024-04-09
Pitch date: 2024-04-08
WYNN [bullish]
Wynn Resorts, Limited
-1.09%
current return
Author Info
No bio for this author
Company Info
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates in four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Market Cap
$10.7B
Pitch Price
$103.84
Price Target
140.00 (+36%)
Dividend
0.97%
EV/EBITDA
11.16
P/E
32.67
EV/Sales
2.82
Sector
Hotels, Restaurants and Leisure
Category
growth
Wynn Resorts: Undiscovered Alpha Lies In Its Sustaining Premium Price Over Peers
WYNN: Wynn shares historically trade at 25-39% premium to peers due to superior operations & marketing generating higher avg daily win & customer value. Despite setbacks, formula of upscale focus & strong customer culture endures. Estimate $5.26-5.34 FWD EPS for 2024, 20-22 FWD P/E. $140 PT for Q3 '23 on Macau recovery & Vegas outlook. Macau share to mid-teens.
Read full article (5 min)