Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Wynn Resorts fell $2.07 (-2%) to $102.85 on light volume. Throughout the day, one million shares of Wynn Resorts exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $102.36-$104.52 after having opened the day at $104.52 as compared to the previous trading day's close of $104.92. Other companies within the Leisure industry that declined today were:
), down 14.2%,
), down 5.2%,
), down 4.4%, and
), down 4.1%.
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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 $10.58 billion and is part of the
sector. The company has a P/E ratio of 20.2, below the average leisure industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7. Shares are down 4.8% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and eight rate it a hold.
TheStreet Ratings rates Wynn Resorts as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and generally higher debt management risk.
- You can view the full Wynn Ratings Report.
- 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
) while those bearish on the leisure industry could consider
- Find other investment ideas from our top rated ETFs lists.
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