NEW YORK, February 7, 2017 /PRNewswire/ --
Stock-Callers.com has issued research reports on the following Resorts and Casinos stocks: MGM Resorts International (NYSE: MGM), Las Vegas Sands Corp. (NYSE: LVS), Carnival Corp. (NYSE: CCL), and Wynn Resorts Ltd (NASDAQ: WYNN). Companies in the Hotel and Gaming industry may be divided into those that operate strictly in the hospitality market, and those that run resorts and/or gaming businesses. Both sectors of the industry face competition, but it is more intense in the gaming space due to geographical market limits. Learn more about these stocks by downloading their comprehensive and free reports at:
At the close of trading on Monday, shares in Las Vegas, Nevada-based MGM Resorts International climbed 0.66%, ending the day at $29.05. The stock recorded a trading volume of 6.66 million shares. The Company's shares have advanced 12.73% in the previous three months and 0.76% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.10% and 13.71%, respectively. Moreover, shares of MGM Resorts, which through its wholly owned subsidiaries, owns and/or operates casino resorts in the US and China, have a Relative Strength Index (RSI) of 49.70.
On January 17th, 2017, research firm Telsey Advisory Group reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $34 a share to $33 a share.
On January 26th, 2017, MGM Resorts International announced that it was named one of America's Top Corporations for Women's Business Enterprises in 2016. The Company stated that the honor comes from Women's Business Enterprise National Council, a national leader in women's business development and certification. MGM complete research report is just a click away and free at:
Las Vegas Sands
Shares in Nevada-based Las Vegas Sands Corp. ended the day 0.33% higher at $51.98 with a total trading volume of 2.46 million shares. The stock is trading above its 200-day moving average by 0.88%. Shares of the Company, which together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the US, have an RSI of 33.56.
On January 26th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $66 a share to $65 a share.
On January 25th, 2017, Las Vegas Sands reported that net revenue for Q4 2016 increased 7.4% to $3.08 billion compared to $2.86 billion in Q4 2015. The Company's net income increased 5.6% to $607 million in Q4 2016 compared to $575 million in Q4 2015. The complimentary report on LVS can be downloaded at:
On Monday, shares in Miami, Florida headquartered Carnival Corp. finished 0.40% higher at $55.50 with a total trading volume of 1.45 million shares. The stock has advanced 3.33% in the last one month, 15.65% over the previous three months, and 6.61% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 4.35% and 14.49%, respectively. Additionally, shares of Carnival, which operates as a leisure travel and cruise company in North America, Europe, Australia, and Asia, have an RSI of 59.36.
On January 31st, 2017, Carnival Corporation announced an expansion of its O·C·E·A·N™ original content portfolio with the premiere of "Good Spirits™" on FYI™ beginning February 16th, 2017, at 6 p.m. ET and A&E® on February 20th, 2017, at 2 p.m. ET. The Company stated that the 30-minute, 10-episode series is the fourth originally produced program in Carnival's growing portfolio of inspiring experiential content. Sign up for your complimentary research report on CCL at:
Las Vegas, Nevada-based Wynn Resorts Ltd's shares recorded a trading volume of 2.83 million shares at the end of yesterday's session. The stock closed the day 0.10% higher at $97.02. The Company's shares have advanced 6.10% in the last one month, 11.50% over the previous three months, and 12.15% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.00% and 2.57%, respectively. Additionally, shares of Wynn Resorts, which together with its subsidiaries, develops, owns, and operates destination casino resorts, have an RSI of 51.89.
On January 26th, 2017, Wynn Resorts reported that net revenues were $1.30 billion for Q4 2016, up 37.3% compared to $946.9 million in Q4 2015. On a US GAAP basis, net income attributable to Wynn Resorts was $113.8 million, or $1.12 per diluted share, for Q4 2016, reflecting an increase of 30.5% from net income attributable to Wynn Resorts of $87.2 million, or $0.86 per diluted share, for Q4 2015.
On February 03rd, 2017, research firm Goldman reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $98 a share to $110 a share. Get free access to your research report on WYNN at:
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SOURCE Chelmsford Park SA