Trade-Ideas LLC identified

Wynn Resorts

(

WYNN

) as a pre-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Wynn Resorts as such a stock due to the following factors:

  • WYNN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $420.8 million.
  • WYNN traded 15,145 shares today in the pre-market hours as of 8:03 AM.
  • WYNN is up 3.4% today from yesterday's close.

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More details on WYNN:

Wynn Resorts, Limited, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People's Republic of China. The stock currently has a dividend yield of 3%. WYNN has a PE ratio of 35. Currently there are 4 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 9 rate it a hold.

The average volume for Wynn Resorts has been 4.7 million shares per day over the past 30 days. Wynn has a market cap of $6.7 billion and is part of the services sector and leisure industry. The stock has a beta of 1.63 and a short float of 23.3% with 2.47 days to cover. Shares are down 56.6% year-to-date as of the close of trading on Tuesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Wynn Resorts as a

hold

. Among the primary strengths of the company is its expanding profit margins over time. At the same time, however, we also find weaknesses including deteriorating net income, feeble growth in the company's earnings per share and a generally disappointing performance in the stock itself.

Highlights from the ratings report include:

  • 37.48% is the gross profit margin for WYNN RESORTS LTD which we consider to be strong. Regardless of WYNN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 7.40% trails the industry average.
  • WYNN, with its decline in revenue, underperformed when compared the industry average of 0.5%. Since the same quarter one year prior, revenues fell by 27.3%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 65.37%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 61.17% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • WYNN RESORTS LTD has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Stable earnings per share over the past year indicate the company has managed its earnings and share float. We anticipate this stability to falter in the coming year and, in turn, the company to deliver lower earnings per share than prior full year. During the past fiscal year, WYNN RESORTS LTD's EPS of $7.17 remained unchanged from the prior years' EPS of $7.17. For the next year, the market is expecting a contraction of 58.9% in earnings ($2.95 versus $7.17).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Hotels, Restaurants & Leisure industry. The net income has significantly decreased by 61.5% when compared to the same quarter one year ago, falling from $191.41 million to $73.77 million.

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