|Bid||121.30 x 800|
|Ask||121.68 x 4000|
|Day's Range||119.25 - 121.88|
|52 Week Range||90.06 - 151.50|
|Beta (3Y Monthly)||2.05|
|PE Ratio (TTM)||19.75|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||4.00 (3.38%)|
|1y Target Est||133.63|
Shares of Wynn Resorts, Limited (WYNN), the casino gaming giant, are trading in a familiar pattern. The stock has been consolidating in recent months and is stuck in one of my favorite price patterns – a symmetrical triangle. A symmetrical triangle price pattern, also known as a wedge, is signaling for a major breakout for the casino operator any week now.
Gambling stocks, especially Wynn Resorts and Melco Resorts, are well-positioned for a 2020 rally, J.P. Morgan analyst Joseph Greff says.
Is Wynn Resorts, Limited (NASDAQ:WYNN) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […]
Gambling revenue in the Chinese territory of Macau dropped 8.5% in November year on year, hit by lacklustre demand from high roller gamblers due to slowing economic growth amid the ongoing Sino-U.S. trade war and protests in neighbouring Hong Kong. November's figure of 22.9 billion patacas ($2.8 billion), the second weakest figure this year, comes as some high roller players delay trips to Macau, analysts said. While protests in the Asian financial hub of Hong Kong have caused transport disruption and deterred travel to the former British colony and then on to Macau, analysts and executives say the impact on gaming revenues has been minimal.
An official in charge of New York’s more than $200 billion public pension fund has announced a settlement with Wynn Resorts in response to 2018 sexual misconduct allegations against former company CEO Steve Wynn.
Fenway Sports Group’s real estate subsidiary, which will own the new venue, released renderings of the performing arts center, dubbed the MGM Music Hall at Fenway.
The $2.6 billion Everett resort casino now offers $15 table game minimums and dropped its parking fees for self parking.
Does the November share price for Wynn Resorts, Limited (NASDAQ:WYNN) reflect what it's really worth? Today, we will...
The ongoing pro-democracy protests in Hong Kong have ravaged the region and are threatening the safety and livelihood of residents — and businesses.
As optimism rises for a phase-one trade pact between the U.S. and China, so too does the stock market. The S&P 500, Dow and Nasdaq all notched another new all-time high on Thursday. Let's look at a few top stock trades going forward. Top Stock Trades for Tomorrow No. 1: Roku (ROKU)Shares of Roku (NASDAQ:ROKU) were in the spotlight Thursday, after the company fell more than 17% near the open. That decline comes despite the company reporting better-than-expected quarterly figures.InvestorPlace - Stock Market News, Stock Advice & Trading TipsROKU stock is trying to make a stand, though. Shares are reclaiming the 100-day moving average, the 38.2% retracement and the August gap-up level near $119.The setup here is simple -- just take it one level at a time. * 7 of the Best Internet Stocks to Buy If Roku continues higher, see how it handles the 50-day moving average. Above it and the 23.6% retracement near $141 is in play. Should shares lose the 100-day moving average and 38.2% retracement, its next stop may be $110, followed by the 50% retracement near $101 and the 200-day moving average at $95.50. Top Stock Trades for Tomorrow No. 2: Square (SQ)Square (NYSE:SQ) didn't close at its highs, but it did jump on earnings. However, the stock is running into a roadblock.Shares continue to put in a series of higher lows, forming a nice uptrend (blue line). It's also holding up over its 50-day moving average and 78.6% retracement, right near that uptrend line.Over $64 is constructive, but over $66.50 is certainly more bullish. That would put the stock over a significant level, as well as the 100-day moving average. It opens the door to the 200-day moving average up over $69.Bulls might wait for a move over $66.50, or for a pullback into $61 that holds as support. Below $60 is a no-go. Top Stock Trades for Tomorrow No. 3: Wynn (WYNN)Wynn Resorts (NASDAQ:WYNN) initially recoiled on earnings, but is holding up over its 61.8% retracement near $125.The trade? Below Thursday's low, and the 200-day moving average is in play. Above downtrend resistance (blue line), Wynn shares could really take off. The 78.6% retracement near $135.70 would be the next upside target.Keep it simple. Overly complicated setups or trades with a lot of "technical conflict" can be difficult and choppy. We like clean moves that come off simple setups. Wynn is a prime example. Remember, if this, then that. Top Stock Trades for Tomorrow No. 4: Baidu (BIDU)Shares of Baidu (NASDAQ:BIDU) are rallying to $120 on Thursday. Like Wynn, traders would do best to keep it simple.If it can stay over $120, the June high of $121.80 is on the table. Above that gets Baidu stock up toward a potential gap fill (blue box) and the 200-day moving average over $131.Falling below $120 puts Thursday's low near $115 on the table. Should shares trade below that the latter, a fill down toward $108 is possible, while the 50-day and 100-day moving averages are just below that, between $105 and $107.50.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long ROKU. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Sell Before They Roll Over * 5 Beaten-Up Stocks to Buy That Could Be Saved By An Acquisition * 4 Startup Stocks Getting Smashed The post 4 Top Stock Trades for Friday: ROKU, SQ, WYNN, BIDU appeared first on InvestorPlace.
While Encore’s revenue made up a small portion of Wynn Resorts’ total earnings, Wynn Resorts officials said it helped offset the decrease in operating revenues from Macau.
Wynn (WYNN) delivered earnings and revenue surprises of -80.68% and -1.28%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Investing.com - Wynn Resorts (NASDAQ:WYNN) reported third quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
Goldman Sachs recommends that investors consider these solid stocks that are trading at significant valuation discounts to the market.
Continued weakness in Macau VIP trends and lower revenues from Wynn Palace are likely to reflect on Wynn Resorts' (WYNN) third-quarter 2019 results.
Penn National Gaming's (PENN) top line in third-quarter 2019 gains from robust performance of the Northeast, West, Midwest and South segments.