Impact of Brokerage Rating on Wynn Resorts, Limited(WYNN)

Many Wynn Resorts, Limited(WYNN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Goldman on Feb 3, 2017 to Buy, Raises Price Target to $ 110 from a previous price target of $98 .Company shares were Reiterated by Telsey Advisory Group on Jan 27, 2017 to Outperform, Raises Price Target to $ 110 from a previous price target of $106 .Wynn Resorts Limited was Upgraded by Instinet to Neutral on Jan 27, 2017.

Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Daniel Boone Wayson (director) purchased 37,500 shares at 93.83 per share price.On Dec 1, 2016, Kimmarie Sinatra (EVP/General Counsel/Secretary) sold 42,343 shares at 99.99 per share price.On Feb 10, 2016, Family Limited Partnershi Wynn (CEO) purchased 258,523 shares at 58.48 per share price.

Wynn Resorts Limited Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.50 EPS for the quarter, missing the analyst consensus estimate by $ -0.37. Analyst had a consensus of $0.87. The company had revenue of $1300.00 million for the quarter, compared to analysts expectations of $1239.15 million. The companys revenue was up 37.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.03 EPS.

Wynn Resorts, Limited (NASDAQ:WYNN) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.63 by 15 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 10 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Wynn Resorts, Limited (NASDAQ:WYNN): The mean short term price target for Wynn Resorts, Limited (NASDAQ:WYNN) has been established at $101.43 per share. The higher price target estimate is at $119 and the lower price target estimate is expected at $65 according to 14 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $13.05

Wynn Resorts, Limited (NASDAQ:WYNN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.3% or 1.29 points. After the session commenced at $100.51, the stock reached the higher end at $100.66 while it hit a low of $97.6. With the volume soaring to 1,876,153 shares, the last trade was called at $97.68. The company has a 52-week high of $109.5. The company has a market cap of $9,938 million and there are 101,740,911 shares in outstanding. The 52-week low of the share price is $69.14.

Wynn Resorts Limited and its wholly-owned subsidiaries Wynn Las Vegas and Wynn Capital will own and operate Le Reve, which theyve designed to be the preeminent luxury hotel and destination casino resort in Las Vegas. Le Reve will be situated at the site of the former Desert Inn & Casino on the Las Vegas Strip in Las Vegas, Nevada.

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