I don't have a price target, pj. My target is a host of indicators that signal that LVS has become a "momentum" stock, rather than a "contrarian" stock.
Probably the most important metric in that regard is my perception of what LVS's forward PEG ratio is... only, in my case, for this particular industry, the "E" in PEG is EBITDA, not Earnings, primarily because earnings for LVS is heavily contaminated by Depreciation... and most of LVS's resorts are actually Appreciating in value.
2012 trailing PEG is meaningless, given all the factors which impaired EPS for the company relative to what it was doing with cap-ex to prepare for what I anticipate will be a very good 2013/2014. The company treated 2012 like it would treat a "throw-away" year in multiple aspects, so I see the company's trailing P/E ratio as absolutely meaningless.....
..... except from the perspective of how most casual stock-screeners are flat-lining the LVS share price BECAUSE of it.
not really. lol where do you see it going. since j litt says 85 is a fair value for the stock. there is no volumn what so ever as of late. and how the hell will we ever beat big on earnings while thes jerk analysts keep raising the expectations?? I never saw a sector where this happens except here. argh. lol