Professional
Added to YB: 2024-09-27
Pitch date: 2024-09-27
WYNN [bullish]
Wynn Resorts, Limited
+2.87%
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
$9.8B
Pitch Price
$95.79
Price Target
104.00 (+6%)
Dividend
1.04%
EV/EBITDA
10.73
P/E
27.55
EV/Sales
2.67
Sector
Hotels, Restaurants and Leisure
Category
value
Morgan Stanley Upgrades Wynn Resorts: Attractive Valuation with $104 Price Target
WYNN: Morgan Stanley upgrades to Overweight, PT $104. Low valuation (8x NTM EV/EBITDA vs 12x pre-pandemic), UAE growth, Macau optionality. Catalysts: Vegas stability, UAE project details Oct 8, increased capital return. US 'stub' near lows at 9x EV/EBITDA vs 12.5x historical.
Read full article (1 min)