Wynn Resorts, Limited (NASDAQ:WYNN) has a mean price target of $102.5400 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.9400 a share for the very next quarter and $3.7700 for this year.
The technical study of Wynn Resorts, Limited demonstrates that the 50-day moving average of Wynn Resorts, Limited (NASDAQ:WYNN) stock is $97.3009, and is trading $6.7007 points away or +6.8866% from 50-day moving average of $97.3009. It is trading $9.8251 or +10.4326% away 200-day moving average of $94.1765.
The 52-week high of Wynn Resorts, Limited (NASDAQ:WYNN) was $105.6900 while $49.9500 is the low mark in the same period. It state Wynn Resorts, Limited share price has to surge more than $-1.6884 to hit 52-week high or drop +108.2114% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Wynn Resorts, Limited, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Wynn Resorts, Limited (NASDAQ:WYNN) ratio came in at 32.1787, after dividing current equity price by yearly earnings. Wynn Resorts, Limited stock recorded a close of $104.0016 in last trading session, registering a market cap of $10.55B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Wynn Resorts, Limited (NASDAQ:WYNN) PEG ratio is at 1.0300.
1 Chart Pattern Every Investor Should Know
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