Las Vegas Sands Corp (LVS): Today's Featured Services Laggard

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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Las Vegas Sands fell $1.29 (-2.8%) to $45.46 on heavy volume. Throughout the day, 11.7 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 7.1 million shares. The stock ranged in price between $45.09-$45.93 after having opened the day at $45.74 as compared to the previous trading day's close of $46.75. Other companies within the Services sector that declined today were: Net one Ueps Technologies ( UEPS), down 58.9%, Fortune Industries ( FFI), down 21.1%, ChinaNet Online Holdings ( CNET), down 17%, and Coastal Contacts ( COA), down 11.5%.
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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 $38.41 billion and is part of the leisure industry. The company has a P/E ratio of 27.3, above the S&P 500 P/E ratio of 17.7. Shares are up 9.2% year to date as of the close of trading on Monday. Currently there are 14 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. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, LodgeNet Interactive Corporation ( LNET), up 32.7%, Sino-Global Shipping America ( SINO), up 21.1%, DS Torm ( TRMD), up 18.9%, and Education Management Corporation ( EDMC), up 14.7%, were all gainers within the services sector with Apollo Group ( APOL) being today's featured services sector leader.

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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