Professional
Added to YB: 2024-08-13
Pitch date: 2024-07-17
WYNN [bullish]
Wynn Resorts, Limited
+23.81%
current return
Author Info
No bio for this author
Company Info
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates in four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Market Cap
$10.7B
Pitch Price
$82.96
Price Target
N/A
Dividend
0.97%
EV/EBITDA
11.16
P/E
32.67
EV/Sales
2.82
Sector
Hotels, Restaurants and Leisure
Category
value
The Nightview Capital Portfolio Holding: Wynn Resorts, Limited
WYNN: Premium assets in Vegas & Macau; slow Macau recovery but market share maintained. UAE project (40% equity) progressing. Potential NY & Thailand expansion. Global gaming growth trend. Valuation below historical comps with room to grow. Balanced revenue diversification across gaming geographies. Long-term growth initiatives position well for future.
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