Las Vegas Sands Stock Hits New 52-Week High (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) hit a new 52-week high Wednesday as it is currently trading at $60.04, above its previous 52-week high of $59.97 with 909,636 shares traded as of 10:10 a.m. ET. Average volume has been 5.5 million shares over the past 30 days.

Las Vegas Sands has a market cap of $48.61 billion and is part of the services sector and leisure industry. Shares are up 27.7% year to date as of the close of trading on Tuesday.

Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company has a P/E ratio of 30.5, above the S&P 500 P/E ratio of 17.7.

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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, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Las Vegas Sands Ratings Report.

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