Las Vegas Sands Corp (LVS): Today's Featured Leisure 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.

Las Vegas Sands ( LVS) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 1.3%. By the end of trading, Las Vegas Sands rose $1.71 (4.2%) to $42.27 on heavy volume. Throughout the day, 10.9 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 7.1 million shares. The stock ranged in a price between $41.01-$42.98 after having opened the day at $42.45 as compared to the previous trading day's close of $40.56. Other companies within the Leisure industry that increased today were: Penn National Gaming ( PENN), up 28.2%, Ameristar Casinos ( ASCA), up 15.8%, Del Frisco's Restaurant Group ( DFRG), up 11.4%, and Pizza Inn Holdings ( PZZI), up 8.7%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Las Vegas Sands Corp., together with its subsidiaries, owns, develops, and operates various integrated resort properties primarily in the United States, Macau, and Singapore. Las Vegas Sands has a market cap of $33.7 billion and is part of the services sector. The company has a P/E ratio of 23.9, above the S&P 500 P/E ratio of 17.7. Shares are down 4.2% year to date as of the close of trading on Thursday. Currently there are 15 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Las Vegas Sands as a buy. Among the primary strengths of the company is its revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Cosi ( COSI), down 10.8%, Lakes Entertainment ( LACO), down 5.4%, Ctrip.com International ( CTRP), down 5%, and Empire Resorts ( NYNY), down 3.9%, were all laggards within the leisure industry with Royal Caribbean Cruises ( RCL) being today's leisure industry laggard.

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 ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Opposition Party Makes Political Gains in Macau, Changes in Governance Possible

How to Profit With Technical Analysis: Cramer's 'Mad Money' Recap (Fri 8/25/17)

Hong Kong and Macau Count the Cost of Typhoon Hato

Las Vegas Sands: All Bets Are Off

North Korea Threat Pulls Wall Street Lower