LVS Intrinsic Value – IFP Advisors Sells Las Vegas Sands Corp. Shares Amid Defense World Expansion

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IFP Advisors Inc. has recently sold shares of Las Vegas Sands ($NYSE:LVS) Corp. to Defense World, a company that provides defense-related technology solutions. This move is part of the company’s expansion into the defense sector. Las Vegas Sands Corp. is a multi-billion dollar casino and entertainment company based in Las Vegas, Nevada.

Through its subsidiaries, Las Vegas Sands Corp. also owns and operates several online gambling sites and is involved in the development and management of integrated resorts. In addition to its gaming operations, the company also has a large portfolio of retail and entertainment outlets, along with other business interests such as real estate, hospitality, and food and beverage.

Price History

The stock opened at $60.6 and closed at $60.0, a decrease of 0.3% from the prior closing price of $60.1. Despite this, the company is still expanding its business interests into the defense sector. It recently announced a joint venture with defense giant Lockheed Martin to design and build unmanned aerial vehicles for military and other security applications, including border security, search and rescue operations, and intelligence gathering. With the defense industry showing continued growth, LVS’ foray into that area could provide investors with potential returns in the years to come.

However, with the current economic conditions continuing to put a strain on the gambling and leisure industry, it remains to be seen if LVS’ new venture will be able to offset losses and generate positive returns. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for LVS. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for LVS. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for LVS. More…

Key Ratios Snapshot

Some of the financial key ratios for LVS are shown below. More…

Analysis – LVS Intrinsic Value

At GoodWhale, we recently conducted an analysis of LAS VEGAS SANDS’s wellbeing. Using our proprietary Valuation Line, we calculated the fair value of LAS VEGAS SANDS share to be around $56.6. However, at the time of writing, the stock is trading at a price of $60.0, giving it a fair price overvaluation of 6.1%. Even though the stock may be slightly overvalued at this time, LAS VEGAS SANDS still appears to have strong fundamentals and long-term potential. More…

Peers

The Las Vegas Sands Corp is one of the largest casino operators in the world and its competitors include Monarch Casino & Resort Inc, NagaCorp Ltd, and Eumundi Group Ltd. The company has been in operation for over 50 years and has a strong presence in the US, Asia, and Europe. The company’s competitors are all large, well-established companies with a strong presence in their respective markets. Las Vegas Sands Corp has a strong brand and a loyal customer base. The company’s competitors are all large, well-funded companies with a strong presence in their respective markets.

– Monarch Casino & Resort Inc ($NASDAQ:MCRI)

Monarch Casino & Resort Inc is a holding company that, through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino located in Reno, Nevada, and the Monarch Black Hawk Casino Resort in Black Hawk, Colorado. The company has a market cap of 1.16B and a ROE of 17.26%. The Atlantis Casino Resort Spa is a AAA Four Diamond award-winning hotel and casino that features over 11,000 square feet of gaming space, including a poker room, race and sports book, and over 600 slot machines and table games. The Monarch Black Hawk Casino Resort is a AAA Three Diamond award-winning hotel and casino that features over 500 slot machines and 26 table games.

– NagaCorp Ltd ($SEHK:03918)

NagaCorp Ltd is a casino operator based in Cambodia. The company has a market cap of 17.7B as of 2022 and a return on equity of 0.7%. NagaCorp operates the NagaWorld casino resort in Phnom Penh, Cambodia. The company also has interests in online gaming, hotels, and restaurants.

– Eumundi Group Ltd ($ASX:EBG)

Eumundi Group Ltd is a holding company that operates through its subsidiaries. The company operates in two segments: businesses and real estate. The businesses segment includes businesses that provide services such as marketing, advertising, and event management. The real estate segment includes properties that are leased to third-party tenants.

Eumundi Group Ltd has a market cap of 47.33M as of 2022. The company has a return on equity of 11.53%.

The company operates in two segments: businesses and real estate. The businesses segment includes businesses that provide services such as marketing, advertising, and event management. The real estate segment includes properties that are leased to third-party tenants.

Summary

IFP Advisors Inc. recently sold Las Vegas Sands Corp. shares. Analyzing the stock, investors should consider the current performance of the company’s properties, particularly the Macau and Singapore resorts. They should also consider the company’s debt level and dividend policy. Market trends such as the growth of tourism in Asia may also be a factor when deciding whether to invest in Las Vegas Sands.

Additionally, investors should pay attention to the company’s financials including revenue, earnings and cash flow, as well as the size of the markets in which it operates. Analyst sentiment is also important to consider, as well as any upcoming announcements or news that could impact the stock price. Ultimately, investors should weigh all this information carefully when deciding whether Las Vegas Sands is the right stock for their portfolio.