Wynn Resorts (WYNN) Expected to Announce Earnings on Thursday

Wynn Resorts (NASDAQ:WYNN) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Wynn Resorts to post earnings of $1.27 per share and revenue of $1.77 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Wynn Resorts Stock Down 2.0 %

WYNN opened at $78.97 on Tuesday. The stock’s fifty day moving average is $86.71 and its two-hundred day moving average is $86.92. The company has a market capitalization of $8.67 billion, a P/E ratio of 9.74, a PEG ratio of 2.32 and a beta of 1.76. Wynn Resorts has a 52 week low of $71.63 and a 52 week high of $110.38.

Analysts Set New Price Targets

WYNN has been the topic of several research reports. Wells Fargo & Company cut their price target on Wynn Resorts from $125.00 to $122.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. Macquarie restated an “outperform” rating and issued a $120.00 price target on shares of Wynn Resorts in a report on Tuesday, November 5th. Barclays dropped their price objective on shares of Wynn Resorts from $125.00 to $119.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. JPMorgan Chase & Co. boosted their price objective on shares of Wynn Resorts from $101.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Wynn Resorts from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $118.00.

About Wynn Resorts

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.