Wynn Resorts Ltd (WYNN): Today's Featured Leisure Laggard
(
) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Wynn Resorts fell $2.28 (-1.8%) to $126.18 on average volume. Throughout the day, 1,640,308 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1,375,400 shares. The stock ranged in price between $124.91-$129.15 after having opened the day at $128.38 as compared to the previous trading day's close of $128.46. Other companies within the Leisure industry that declined today were:
Dover Downs Gaming & Entertainment
(
), down 5.4%,
Asia Entertainment & Resources
(
), down 5.2%,
(
), down 3.7% and
(
), down 3.2%.
Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $12.9 billion and is part of the services sector. The company has a P/E ratio of 23.0, above the S&P 500 P/E ratio of 17.7. Shares are up 13.8% year to date as of the close of trading on Monday. Currently there are 13 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.
TheStreet Ratings rates
Wynn Resorts
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, solid stock price performance and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Wynn Resorts Ratings Report.
On the positive front,
(
), up 22.7%,
(
), up 10.8%,
(
), up 4.5% and
(
), up 3.5% , were all gainers within the leisure industry with
(
) being today's featured leisure industry leader.
- Use our leisure section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider
PowerShares Dynamic Leisure&Entert
(
) while those bearish on the leisure industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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