How to Buy Las Vegas Sands Stock
Las Vegas Sands Corp
Las Vegas Sands is a casino company located in Nevada, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker LVS on the NYSE exchange.
Las Vegas Sands stock last closed at $45.84, down 0.37% from the previous day, and has decreased 28.32% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.13 percentage points. Las Vegas Sands stock is currently +4.73% from its 52-week low of $43.77, and -30.1% from its 52-week high of $65.58.
There are currently 745.05M shares of LVS outstanding. The market cap of LVS is $34.15B. In the last 24 hours, 7.36M LVS shares were traded.
How to Buy Las Vegas Sands Stock
Wondering how to invest in Las Vegas Sands stock? Here's how.
- Choose where to buy Las Vegas Sands stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Las Vegas Sands stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your information.
- Evaluate Las Vegas Sands stock: The Las Vegas Sands ticker symbol is LVS. Is Las Vegas Sands stock a good investment? Should you buy shares of LVS? How do LVS's underlying business fundamentals look? Do top analysts think Las Vegas Sands is a good buy? Why has LVS's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if LVS is a good stock to buy).
- Execute your LVS trade: Decide if you will purchase LVS shares at the current market price or use a limit order to buy LVS stock at a given price.
- Keep tabs on your LVS position: Create a watchlist to track your position in Las Vegas Sands shares.
Step 1: Choose where to buy Las Vegas Sands stock
You need an online brokerage account to access the NYSE market and buy LVS shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
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Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can buy LVS today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have created your account on one of the best stock apps, you can securely and quickly fund your account:
Watch the video below for more details transferring money into your brokerage account.
Step 4: Evaluate Las Vegas Sands stock
Once you have identified the best place to buy Las Vegas Sands stock, it's crucial to evaluate their stock before you invest, so you actually comprehend the risk and opportunity.
Las Vegas Sands Metrics
Las Vegas Sands Overview
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LVS's stock page.
Is LVS stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LVS's true value.
Using relative valuations ratios:
- LVS may be overvalued based on its P/E ratio of 22.14x, relative to Resorts & Casinos industry P/E ratio of 16.26x
- LVS could be overvalued based on its P/B ratio of 8.64x, relative to Resorts & Casinos industry P/B ratio of 4.29x
- LVS could be overvalued based on its PEG ratio of 5.78x
You can do additional valuation research on LVS's stock here.
A quick look at LVS Financials
Pros:
- LVS's operating cash flow of $3.50B allows it to safely service it's debt of $13.96B.
- There are more short-term assets than short-term liabilities on the LVS balance sheet.
- LVS profit margin has gone up from -10.4% to 14% in the past year.
Cons:
- Total LVS debt is higher than 5 years ago, relative to shareholder equity.
- LVS has a relatively high debt to equity ratio of 4.36.
- There are more long-term liabilities than short-term assets on the LVS balance sheet.
- LVS earnings of $2.66B is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy LVS stock
Out of 11 sell side analysts who give forecasts on LVS, the consensus analyst rating on LVS is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent LVS Analyst Forecasts
Ben Chaiken, a bottom 14% analyst from Mizuho maintains LVS with a strong buy rating and lowers their LVS price target from $70.00 to $65.00, on Apr 18, 2024.
Daniel Politzer, a top 17% analyst from Wells Fargo maintains LVS with a strong buy rating and lowers their LVS price target from $62.00 to $60.00, on Apr 18, 2024.
Joseph Greff, a top 35% analyst from JP Morgan maintains LVS with a strong buy rating and lowers their LVS price target from $59.00 to $55.00, on Apr 18, 2024.
Vitaly Umansky, a bottom 18% analyst from Seaport Global initiates coverage on LVS with a buy rating and announces their LVS price target of $63.00, on Apr 15, 2024.
Stephen Grambling, a top 19% analyst from Morgan Stanley maintains LVS with a strong buy rating and raises their LVS price target from $61.00 to $62.00, on Apr 9, 2024.
Morgan Stanley's Stephen Grambling raised their price target on Las Vegas Sands (NYSE: LVS) by 1.6% from $61 to $62 on 2024/04/09. The analyst maintained their Strong Buy rating on the stock.
Ahead of the Q1 2024 reporting season for names in the North American Casino & Online Gambling group, Grambling told readers that Morgan Stanley "tweaked its estimates to reflect weaker Regionals, recent RevPAR (Revenue Per Available Room) data, and updated forecasts for online sports betting, iGaming and Vegas."
The analyst noted that some investors are expecting a "new cycle" to re-accelerate trends. However, Grambling added that their firm does not see an inflection for gaming in the context of already lagging fundamentals.
Morgan Stanley, however, "highlighted Las Vegas Sands and Draftkings for what the firm called their idiosyncratic upside," the analyst said.
Earnings Report
Las Vegas Sands reported:
- EPS of $0.75, which beat the Zacks Consensus Estimate of $0.62 and, by 168%, Q1 2023’s $0.28.
- Revenue of $2.96B, which beat the Zacks Consensus Estimate of $2.94B and, by 39.6%, Q1 2023’s $2.12B.
Management did not provide guidance in the press release or earnings call.
Chairman &CEO Robert G. Goldstein commented: “We were pleased with our financial and operating results for the quarter, which reflect strong growth in both Macao and Singapore.
We remain deeply enthusiastic about our opportunities to deliver industry-leading growth in both markets in the years ahead, as we execute our substantial capital investment programs in both Macao and Singapore.
“In Macao, the ongoing recovery continued during the quarter.
“Our decades-long commitment to making investments that enhance the business and leisure tourism appeal of Macao and support its development as a world center of business and leisure tourism positions us well as the recovery in travel and tourism spending progresses.
“In Singapore, Marina Bay Sands once again delivered record levels of financial and operating performance.
“Our new suite product and elevated service offerings position us for additional growth as airlift capacity continues to improve and travel and tourism spending in Asia continues to advance.
“Our financial strength and industry-leading cash flow support our ongoing investment and capital expenditure programs in both Macao and Singapore, our pursuit of growth opportunities in new markets, and our program to return excess capital to stockholders.
“We look forward to utilizing our share repurchase program to continue to return excess capital to stockholders in the future.”
You can dive deeper into what analysts are forecasting on the Las Vegas Sands stock forecast page.
Metrics for Advanced LVS Traders
LVS Growth Numbers
Last year, LVS earnings were $1.57B. Over the past five year, LVS's earnings have grown by 1% per year. This was slower than the Resorts & Casinos industry average of 10.52%.
Last year, LVS revenue was $11.21B. Over the last 5 year, LVS's revenue has increased by -4.06% per year. This was slower than the Resorts & Casinos industry average of 4.52%.
You can analyze LVS's earnings and revenue performance here.
Latest Insiders Trades at LVS
In the last 12 months, executives and large shareholders at LVS have sold more shares than they have bought.
Robert G. Goldstein, Chairman CEO of LVS, was the latest LVS insider to sell. They sold $5,206,000.00 worth of LVS shares on Mar 15, 2024.
Dig into more about who owns LVS stock here.
Does LVS provide a stable income stream?
Las Vegas Sands pays a dividend of 1.31%, compared to the Resorts & Casinos industry's average dividend yield of 2.67%. If you owned $1,000 worth of LVS stock, you would have been paid $13.09 last year.
Las Vegas Sands dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Las Vegas Sands dividend yield and history here.
What do other investors have to say about LVS?
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your LVS trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you need additional help buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your LVS position
Now that you own some LVS shares, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to keep track of your LVS stock.
LVS Feed
How to Buy Stock in Las Vegas Sands
To summarize, here are the 6 steps to buy stock in Las Vegas Sands:
- Choose where to buy Las Vegas Sands stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Las Vegas Sands stock
- Execute your LVS trade
- Keep tabs on your LVS position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Las Vegas Sands, add LVS to your watchlist by clicking the button below.
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