Las Vegas Sands Corp Stock Buy Recommendation Reiterated (LVS)

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.

NEW YORK ( TheStreet) -- Las Vegas Sands (NYSE: LVS) has been reiterated by TheStreet Ratings as a buy with a ratings score of A . The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and increase in stock price during the past year. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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Highlights from the ratings report include:
  • The revenue growth came in higher than the industry average of 3.6%. Since the same quarter one year prior, revenues rose by 20.9%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • LAS VEGAS SANDS CORP has improved earnings per share by 35.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, LAS VEGAS SANDS CORP increased its bottom line by earning $1.85 versus $1.56 in the prior year. This year, the market expects an improvement in earnings ($2.70 versus $1.85).
  • The change in net income from the same quarter one year ago has exceeded that of the S&P 500 and the Hotels, Restaurants & Leisure industry average. The net income has decreased by 0.1% when compared to the same quarter one year ago, dropping from $435.28 million to $434.78 million.
  • In its most recent trading session, LVS has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.

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 $44.1 billion and is part of the services sector and leisure industry. The company has a P/E ratio of 25, above the S&P 500 P/E ratio of 17.7. Shares are up 16% year to date as of the close of trading on Friday.

You can view the full Las Vegas Sands Ratings Report or get investment ideas from our investment research center.

--Written by a member of TheStreet Ratings Staff.

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