Analysis of Las Vegas Sands’ Short Interest Revealed

December 23, 2023

Categories: Resorts & CasinosTags: , , Views: 193

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Las Vegas Sands ($NYSE:LVS) Corporation, publicly traded on the New York Stock Exchange (NYSE), is a leading global developer of integrated resorts and casinos. It is one of the world’s premier gaming and hospitality companies, featuring iconic properties like The Venetian Resort Las Vegas, The Palazzo Las Vegas, and Sands Macao in Macau, China. Through its subsidiaries, the company owns and operates a portfolio of resort-casinos, convention and exhibition facilities, retail offerings, restaurants, and entertainment venues. Benzinga recently released an analysis of Las Vegas Sands’ short interest, providing investors with an up-to-date perspective on the current short interest activity surrounding the company. The analysis examined the short interest from a number of angles, including the total shares shorted, days to cover ratio, and the percentage of shares outstanding that are sold short.

The data revealed that the total number of shares shorted has decreased by about 4% over the past month. Overall, this analysis provides investors with an up-to-date perspective on the current short interest activity surrounding Las Vegas Sands Corporation. It is important for investors to stay abreast of short interest trends as it can help provide insight into investor sentiment on a particular stock.

Stock Price

On Friday, LVS stock opened at $48.8 and closed at $48.9, up by 0.3% from the previous closing price of 48.8. This showed that the short interest is not necessarily having a negative effect on the stock performance.

However, it is still important to keep an eye on the short interest with respect to Las Vegas Sands stock, as high short interest can lead to a sharp price increase due to a short squeeze. Short squeezes occur when traders with short positions are forced to close their positions at unfavorable prices in response to a rapid increase in the underlying stock’s value. This can have a significant impact on the market price of Las Vegas Sands’ stock and should not be overlooked. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

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

    Total Revenues Net Income Net Margin
    8.57k 670 8.1%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

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

    Operations Investing Financing
    2.12k -1.05k -1.53k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

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

    Total Assets Total Liabilities Book Value Per Share
    22.12k 17.67k 5.96
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

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

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    12.8% 13.8% 20.1%
    FCF Margin ROE ROA
    11.9% 24.3% 4.9%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we have done a comprehensive analysis of the fundamentals of LAS VEGAS SANDS. After evaluating its cashflows and debt, we determined that this company has an intermediate health score of 6 out of 10 and is likely to safely ride out any crisis without the risk of bankruptcy. Furthermore, we classified LAS VEGAS SANDS as a ‘gorilla’ – a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. Given these findings, we expect that LAS VEGAS SANDS would be of interest to investors who are looking for reliable revenue streams and strong competitive advantages in their portfolio. In particular, LAS VEGAS SANDS is strong in terms of profitability, while being medium in terms of asset and dividend growth, and weak in terms of growth. For investors looking for reliable returns with potential appreciation, LAS VEGAS SANDS is a great option to consider. More…

  • Star Chart Analysis
  • Valuation Analysis




  • 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

    Las Vegas Sands (LVS) is a leading global casino and hospitality company with operations primarily located in Las Vegas and Macau. Investing analysis into the company’s share price and financial reports is essential to understanding its operations. The short interest ratio suggests that there is a large amount of bearish sentiment among traders. In terms of financial reports, the company has experienced steady growth in revenue over the past year as well as increased operating cash flow.

    This suggests that the company’s operations remain strong despite fluctuations in the stock market. All in all, investing analysis into LVS shows that it is a strong and profitable company with a large amount of short interest, which could provide long-term investors with an opportunity for growth.

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