Fintel reports that on January 3, 2025, Jefferies upgraded their outlook for Las Vegas Sands (NYSE:LVS) from Hold to Buy.
Analyst Price Forecast Suggests 21.17% Upside
As of December 23, 2024, the average one-year price target for Las Vegas Sands is $60.47/share. The forecasts range from a low of $51.51 to a high of $69.30. The average price target represents an increase of 21.17% from its latest reported closing price of $49.90 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Las Vegas Sands is 15,613MM, an increase of 37.96%. The projected annual non-GAAP EPS is 3.85.
What is the Fund Sentiment?
There are 1,323 funds or institutions reporting positions in Las Vegas Sands. This is an decrease of 20 owner(s) or 1.49% in the last quarter. Average portfolio weight of all funds dedicated to LVS is 0.22%, an increase of 7.25%. Total shares owned by institutions increased in the last three months by 7.78% to 437,275K shares. 
The put/call ratio of LVS is 0.49, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital Research Global Investors holds 46,520K shares representing 6.42% ownership of the company. In its prior filing, the firm reported owning 14,084K shares , representing an increase of 69.73%. The firm increased its portfolio allocation in LVS by 255.93% over the last quarter.
AGTHX - GROWTH FUND OF AMERICA holds 16,429K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 2,990K shares , representing an increase of 81.80%. The firm increased its portfolio allocation in LVS by 287.49% over the last quarter.
AIVSX - INVESTMENT CO OF AMERICA holds 15,745K shares representing 2.17% ownership of the company. In its prior filing, the firm reported owning 5,029K shares , representing an increase of 68.06%. The firm increased its portfolio allocation in LVS by 236.67% over the last quarter.
Price T Rowe Associates holds 15,431K shares representing 2.13% ownership of the company. In its prior filing, the firm reported owning 17,280K shares , representing a decrease of 11.99%. The firm decreased its portfolio allocation in LVS by 2.26% over the last quarter.
Fisher Asset Management holds 13,650K shares representing 1.88% ownership of the company. In its prior filing, the firm reported owning 16,339K shares , representing a decrease of 19.71%. The firm decreased its portfolio allocation in LVS by 10.48% over the last quarter.
Las Vegas Sands Background Information
(This description is provided by the company.)
Las Vegas Sands is the world's preeminent developer and operator of world-class Integrated Resorts. The Company delivers unrivaled economic benefits to the communities in which it operates.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
