Professional
Added to YB: 2024-10-08
Pitch date: 2024-10-05
WYNN [neutral]
Wynn Resorts, Limited
+16.46%
current return
Author Info
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Company Info
Wynn Resorts, Limited designs, develops, and operates integrated resorts. It operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Market Cap
$12.2B
Pitch Price
$106.18
Price Target
N/A
Dividend
0.85%
EV/EBITDA
11.61
P/E
25.75
EV/Sales
3.04
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Getting More Defensive Heading into Q4 | Sycamore Portfolio Update [September 2024] - Wynn Resorts, Limited
WYNN (watchlist): 50% rev from volatile Macau. China stimulus potential upside. Vegas resilient, high capex (24% EBITDAR) vs peers. Dubai resort pending gambling license. 4.5x leverage. 25-30% discount to pre-Covid EV/EBITDA, but 35% rally in month. Significant uncertainties remain.
Read full article (2 min)