Wynn Resorts (WYNN) to Release Earnings on Thursday

Wynn Resorts (NASDAQ:WYNN) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $1.27 per share and revenue of $1.77 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Wynn Resorts Price Performance

NASDAQ:WYNN opened at $77.00 on Wednesday. The firm has a market capitalization of $8.46 billion, a P/E ratio of 9.49, a PEG ratio of 2.32 and a beta of 1.76. Wynn Resorts has a one year low of $71.63 and a one year high of $110.38. The company’s 50-day simple moving average is $86.38 and its 200 day simple moving average is $86.89.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WYNN. Jefferies Financial Group reduced their price objective on Wynn Resorts from $109.00 to $105.00 and set a “hold” rating for the company in a research report on Friday, January 3rd. JPMorgan Chase & Co. raised their price target on Wynn Resorts from $101.00 to $113.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Macquarie reiterated an “outperform” rating and issued a $120.00 price target on shares of Wynn Resorts in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Wynn Resorts from $122.00 to $118.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Finally, Morgan Stanley lifted their target price on shares of Wynn Resorts from $112.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, October 22nd. Three analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.

Wynn Resorts Company Profile

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.