Las Vegas Sands Corp (LVS): Today's Featured Leisure 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 Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Las Vegas Sands fell $1.65 (-3.1%) to $51.25 on heavy volume. Throughout the day, 11.1 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of 7.4 million shares. The stock ranged in price between $50.60-$51.59 after having opened the day at $51.22 as compared to the previous trading day's close of $52.90. Other companies within the Leisure industry that declined today were: Melco Crown Entertainment ( MPEL), down 6.3%, Bowl America Incorporated ( BWL.A), down 6.1%, Asia Entertainment & Resources ( AERL), down 5.9%, and Cosi ( COSI), down 5.2%.
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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 $43.56 billion and is part of the services sector. The company has a P/E ratio of 24.7, above the S&P 500 P/E ratio of 17.7. Shares are up 14.6% year to date as of the close of trading on Friday. Currently there are 17 analysts that rate Las Vegas Sands a buy, no analysts rate it a sell, and three 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 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.

On the positive front, Red Robin Gourmet Burgers ( RRGB), up 18.9%, Ruth's Hospitality Group ( RUTH), up 9.7%, Del Frisco's Restaurant Group ( DFRG), up 5.7%, and Jamba ( JMBA), up 5.6%, were all gainers within the leisure industry with Yum Brands ( YUM) being today's featured leisure industry leader.

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).

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