Las Vegas Sands Corp (LVS): Leisure's Featured Underperformer Of The Day

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 down 0.8%. By the end of trading, Las Vegas Sands fell $1.21 (-2.2%) to $53.79 on average volume. Throughout the day, 6.6 million shares of Las Vegas Sands exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in price between $53.10-$55 after having opened the day at $54.96 as compared to the previous trading day's close of $55. Other companies within the Leisure industry that declined today were: Home Inns & Hotels Management ( HMIN), down 5.3%, MTR Gaming Group ( MNTG), down 4%, Ctrip.com International ( CTRP), down 4%, and Boyd Gaming Corporation ( BYD), down 3.8%.
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Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. Las Vegas Sands has a market cap of $45.64 billion and is part of the services sector. The company has a P/E ratio of 29.9, above the S&P 500 P/E ratio of 17.7. Shares are up 19.2% year to date as of the close of trading on Tuesday. 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, good cash flow from operations, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Good Times Restaurants ( GTIM), up 10%, Chuy's Holdings ( CHUY), up 4.5%, Empire Resorts ( NYNY), up 3%, and Bloomin Brands ( BLMN), up 2.4%, were all gainers within the leisure industry with Panera Bread Company ( PNRA) 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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