The leading market experts have placed a mean price target of $102.50 on Wynn Resorts, Limited (NASDAQ:WYNN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.96 a share for the upcoming quarter and $3.89 for the current fiscal. Technical View The technical analysis of Wynn Resorts, Limited plainly substantiates that the 50-day moving average of Wynn Resorts, Limited is $95.62, and stock is hovering 1.89 or +1.97% distant from $95.62. It is noted that the 200-day MA is $88.44, and Wynn Resorts, Limited stock is $9.07 or +10.26% off from this point. Wynn Resorts, Limited (NASDAQ:WYNN) 52-week high is $105.69 and the 52-week low is $49.95. This explains if the stock moves $-8.18, it will post a 52-week high. In event of $+95.22% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Wynn Resorts, Limited, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Wynn Resorts, Limited (NASDAQ:WYNN) ratio came in at 30.17. The stock last ended the trading session at $97.51 and registered a market cap of $9.89B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Wynn Resorts, Limited (NASDAQ:WYNN) PEG ratio is at 1.08.
1 Chart Pattern Every Investor Should Know