Las Vegas Sands Stock Hits Key Support – Buying Opportunity?
Las Vegas Sands (LVS) stock should be on your watchlist. Here is why – it is currently trading in the support zone ($50.07 – $55.35), levels from which it has bounced meaningfully before. In the last 10 years, Las Vegas Sands stock received buying interest at this level 3 times and subsequently went on to generate 13.7% in average peak returns.
| Peak Return | Days to Peak Return | |
|---|---|---|
| 11/30/2017 | 3.9% | 19 |
| 1/9/2018 | 18.1% | 160 |
| 11/1/2019 | 19.1% | 2222 |
Yet, a support zone alone isn’t enough; rebounds are more likely when fundamentals, sentiment, and market conditions line up. How does that look for LVS?
Rebound likely if Macau margins stabilize.
Despite Q4 earnings exceeding estimates, LVS shares dropped sharply due to Macau’s unexpected margin contraction and promotional intensity. Singapore’s Marina Bay Sands delivered record EBITDA, showcasing robust high-value demand. Analysts maintain “Moderate Buy” ratings, with average price targets suggesting significant upside from current levels, believing Macau’s margin pressure is temporary, not structural. Share repurchases and increased dividends signal management’s confidence, supporting a rebound near key support as Macau potentially improves and Singapore continues its strong trajectory.
- With Las Vegas Sands Stock Sliding, Have You Assessed The Risk?
- Buy or Sell Las Vegas Sands Stock?
- With Las Vegas Sands Stock Climbed 45% In A Month, How Confident Are You?
- How Will LVS Stock React To Its Upcoming Earnings?
- Las Vegas Sands Stock Near Crucial Support – Buy Signal?
- Las Vegas Sands Is Booming Again, But Watch The Price Tag
How Do LVS Financials Look Right Now?
- Revenue Growth: 8.4% LTM and 51.6% last 3-year average.
- Cash Generation: Nearly 9.9% free cash flow margin and 23.0% operating margin LTM.
- Recent Revenue Shocks: The minimum annual revenue growth in the last 3 years for LVS was 8.4%.
- Valuation: LVS stock trades at a PE multiple of 23.1
| LVS | S&P Median | |
|---|---|---|
| Sector | Consumer Discretionary | – |
| Industry | Casinos & Gaming | – |
| PE Ratio | 23.1 | 24.2 |
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| LTM* Revenue Growth | 8.4% | 6.2% |
| 3Y Average Annual Revenue Growth | 51.6% | 5.6% |
| Min Annual Revenue Growth Last 3Y | 8.4% | 0.2% |
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| LTM* Operating Margin | 23.0% | 18.8% |
| 3Y Average Operating Margin | 21.0% | 18.3% |
| LTM* Free Cash Flow Margin | 9.9% | 13.5% |
*LTM: Last Twelve Months | For more details on LVS fundamentals, read Buy or Sell LVS Stock.
And What If The Support Breaks?
LVS isn’t immune to big drops either. It plunged nearly 99% in the Global Financial Crisis, a staggering wipeout. Even the 2018 correction and Covid pandemic weren’t kind, with declines around 38% and 48%. The inflation shock took another 54% chunk off the price. Good fundamentals matter, but when turmoil hits, LVS can still suffer serious losses.
But the risk is not limited to major market crashes. Stocks fall even when markets are in good shape – think events like earnings, business updates, outlook changes. Read LVS Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.
Still not sure about LVS stock? Consider the portfolio approach.
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