Wynn Resorts Ltd (WYNN): 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

Wynn Resorts ( WYNN) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole was unchanged today. By the end of trading, Wynn Resorts fell $2.38 (-1.7%) to $139.76 on average volume. Throughout the day, 1,310,294 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1,262,100 shares. The stock ranged in price between $138.96-$142.40 after having opened the day at $141.81 as compared to the previous trading day's close of $142.14. Other companies within the Leisure industry that declined today were: Pizza Inn Holdings ( PZZI), down 7.5%, Chanticleer Holdings ( HOTR), down 5.2%, Renren ( RENN), down 5.0% and Country Style Cooking Restaurant Chain ( CCSC), down 3.7%.
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Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. Wynn Resorts has a market cap of $14.2 billion and is part of the services sector. The company has a P/E ratio of 25.1, above the S&P 500 P/E ratio of 17.7. Shares are up 24.8% year to date as of the close of trading on Tuesday. Currently there are 13 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, expanding profit margins and impressive record of earnings per share growth. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Flanigan's ( BDL), down 10.1%, Empire Resorts ( NYNY), down 7.4%, Century Casinos ( CNTY), down 6.7% and MTR Gaming Group ( MNTG), down 5.0% , were all gainers within the leisure industry with Dunkin Brands Group ( DNKN) 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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