Citadel Securities Maintains an 'Add' on Wynn Resorts (WYNN); Macau Strong, LV Solid as Well
Tweet
Share
E-mailGet Alerts WYNN Hot Sheet
Price: $102.53 +0.16%
Rating Summary:
35 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
35 Buy, 8 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Citadel Securities maintains an 'Add' on Wynn Resorts (NASDAQ: WYNN), PT $185.
Citadel analyst says, "Given continued strength in Macau and healthy improvements in Las Vegas (at least at the Wynn properties), coupled with noticeable margin improvements, we are increasing our estimates for Wynn for 2011 through 2013. We now expect 2011 adj. EPS of $5.66 (from $4.42) and EBITDA of $1.62B (from $1.45B). For 2012, we now expect EPS of $6.57 (from $5.32) and EBITDA of $1.83B (from $1.65B). Lastly, for 2013, we now expect EPS of $7.56 (from $6.36) and EBITDA of $2.02B (from $1.84B)."
For more ratings news on Wynn Resorts click here and for the rating history of Wynn Resorts click here.
Shares of Wynn Resorts closed at $164.89 yesterday.
Citadel analyst says, "Given continued strength in Macau and healthy improvements in Las Vegas (at least at the Wynn properties), coupled with noticeable margin improvements, we are increasing our estimates for Wynn for 2011 through 2013. We now expect 2011 adj. EPS of $5.66 (from $4.42) and EBITDA of $1.62B (from $1.45B). For 2012, we now expect EPS of $6.57 (from $5.32) and EBITDA of $1.83B (from $1.65B). Lastly, for 2013, we now expect EPS of $7.56 (from $6.36) and EBITDA of $2.02B (from $1.84B)."
For more ratings news on Wynn Resorts click here and for the rating history of Wynn Resorts click here.
Shares of Wynn Resorts closed at $164.89 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- Cantor Fitzgerald Reiterates Overweight Rating on Applied Materials (AMAT)
- KinderCare Learning Companies (KLC) PT Lowered to $4.50 at UBS
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
