Wynn Resorts Ltd (WYNN): Today's Featured Services Winner

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.

Wynn Resorts ( WYNN) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.8%. By the end of trading, Wynn Resorts rose $2.09 (1.8%) to $121.06 on average volume. Throughout the day, 2.2 million shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1.6 million shares. The stock ranged in a price between $118.11-$121.40 after having opened the day at $119.18 as compared to the previous trading day's close of $118.97. Other companies within the Services sector that increased today were: China HGS Real Estate ( HGSH), up 175%, Schiff Nutrition International ( SHF), up 45.9%, Red Robin Gourmet Burgers ( RRGB), up 21.5%, and Oxygen Biotherapeutics ( OXBT), up 15.4%.
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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 $11.96 billion and is part of the leisure industry. The company has a P/E ratio of 23.2, above the average leisure industry P/E ratio of 22.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 7.7% year to date as of the close of trading on Tuesday. Currently there are 10 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself.

On the negative front, Western Union Company ( WU), down 29%, Charm Communications ( CHRM), down 23%, Central European Media ( CETV), down 19.2%, and Shengkai Innovations ( VALV), down 14.6%, were all laggards within the services sector with J.C. Penney ( JCP) being today's services sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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