Here's Why Investors Should Retain Las Vegas Sands (LVS) Now

Zacks01-08

Las Vegas Sands Corp. LVS is poised to gain from the robust recovery in travel and tourism in Macao and Singapore. The company's ongoing commitment to long-term investments in Macao and the renovation...

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The company's ongoing commitment to long-term investments in Macao and the renovation...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-investors-retain-las-152800861.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Investors Should Retain Las Vegas Sands (LVS) Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Investors Should Retain Las Vegas Sands (LVS) Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-08 23:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/heres-why-investors-retain-las-152800861.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Las Vegas Sands Corp. LVS is poised to gain from the robust recovery in travel and tourism in Macao and Singapore. The company's ongoing commitment to long-term investments in Macao and the renovation...</p>\n\n<a href=\"https://finance.yahoo.com/news/heres-why-investors-retain-las-152800861.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4143","symbol_name":"办公服务与用品","start_time":0,"source_url":"https://finance.yahoo.com/news/heres-why-investors-retain-las-152800861.html","article_id":"2402796255","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/rLTfnc4kbg8EIGt_DLR_GA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/bc784f12a3af78b58f20d42603a2314e"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2402796255","pubTimestamp":1704727680,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Las Vegas Sands Corp. LVS is poised to gain from the robust recovery in travel and tourism in Macao and Singapore. The company's ongoing commitment to long-term investments in Macao and the renovation and refurbishment program of Marina Bay Sands bode well for its prospects.Shares of the company have gained 11.1% in the past three months compared with the Zacks Gaming industry’s growth of 10.6%. The Zacks Rank #3  company’s 2024 earnings and sales are likely to witness growth of 48.6% and 19.2% year over year, respectively. However, high debt and stiff competition remain a concern.Let’s discuss the factors that suggest why investors should retain the stock for the time being.Las Vegas Sands’ growth momentum is hindered by its high debt position. Given the ongoing economic uncertainties, maintaining su","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4143":"办公服务与用品","BK4142":"酒店、度假村与豪华游轮","LRN":"Stride","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","BK4204":"教育服务","BK4585":"ETF&股票定投概念","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","ISBC":"投资者银行","BK4211":"区域性银行","BK4150":"赌场与赌博","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2517655028.SGD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (SGDHDG) ACC","BVH":"Bluegreen Vacations Holding Corporation","BK4588":"碎股","VIRC":"Virco制造","LU2517655291.USD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (USD) ACC","LU2517655374.HKD":"WELLINGTON NEXT GENERATION EDUCATION \"A\" (HKD) ACC","LVS":"金沙集团","BK4561":"索罗斯持仓"},"translate_title":"以下是投资者现在应该保留拉斯维加斯金沙集团（Las Vegas Sands）的原因","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VIRC":1,"LVS":1,"BVH":1,"ISBC":1,"LRN":1},"content_text":"Las Vegas Sands Corp. LVS is poised to gain from the robust recovery in travel and tourism in Macao and Singapore. The company's ongoing commitment to long-term investments in Macao and the renovation and refurbishment program of Marina Bay Sands bode well for its prospects.Shares of the company have gained 11.1% in the past three months compared with the Zacks Gaming industry’s growth of 10.6%. The Zacks Rank #3 (Hold) company’s 2024 earnings and sales are likely to witness growth of 48.6% and 19.2% year over year, respectively. However, high debt and stiff competition remain a concern. \nImage Source: Zacks Investment Research\nLet’s discuss the factors that suggest why investors should retain the stock for the time being.\nMajor Growth Drivers\nMacao Business to Drive Growth: Las Vegas Sands (LVS) derives a significant revenue share from Macao, having invested over $15 billion in the region since 2004. The company's consistent contributions to Macao's diversification and appeal as a business and leisure tourism destination are notable.LVS’ impressive long-term commitment of $3.8 billion investment in Macao through 2032, especially in non-gaming, has positioned it impressively well for delivering solid growth in third-quarter 2023. The growth was primarily driven by an increase in market visitation along with travel and tourism recovery. Macao's visitation during the quarter reached approximately 85% of the 2019 level.Impressive Visitation Recovery: Las Vegas Sands has witnessed impressive growth trends after the easing of travel restrictions. In the third quarter of 2023, the company reported a significant growth in property visitation, gaming volumes, retail sales and hotel occupancy in the Macao region. Visitation in China (excluding Guangdong province) reached approximately 72% of the 2019 visitation level in the quarter. The relaxation in travel restrictions and an increase in flight capacity have ensured the continuous recovery of market visitation. With the easing of restrictions and recovery in travel and tourism, the company anticipates generating strong cash flows from the region in the days ahead.Emphasis on the Singapore Market: Las Vegas Sands also witnessed a remarkable recovery in travel and tourism in Singapore. The company's strategic decision to continue investing in Marina Bay Sands (MBS) contributed significantly to its strong growth. In the third quarter of 2023, MBS achieved robust growth in both gaming and non-gaming segments despite ongoing airlift constraints, primarily from China.The MBS renovation and refurbishment program added to the growth momentum of the company. As of Sep 30, 2023, the company introduced around 1,200 redefined rooms, including about 300 new luxurious suites in MBS. Certain other improvements in gaming, dining, entertainment and retail offerings were made alongside.\nConcerns\nLas Vegas Sands’ growth momentum is hindered by its high debt position. Given the ongoing economic uncertainties, maintaining sufficient liquidity has become a herculean task for the company. As of Sep 30, 2023, total debt outstanding (excluding finance leases and financed purchases) was $14.17 billion compared with $14.7 billion as of Jun 30, 2023. Although the debt level was sequentially lower, it is still on the higher side compared with LVS’ cash balance. As of Sep 30, unrestricted cash balances amounted to $5.57 billion, down from $5.77 billion reported in the previous quarter.Heightened competition in Las Vegas and Macao markets has intensified due to increased hotel openings and promotional activities. This could potentially lead to a reduction in the company's market share, particularly in the Macao market, due to excess supply.\nKey Picks\nHere are some better-ranked stocks from the Zacks Consumer Discretionary sector:Virco Mfg. Corporation VIRC sports a Zacks Rank #1 (Strong Buy). VIRC has a trailing four-quarter earnings surprise of 188.6% on average. VIRC’s shares have surged 161.3% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for VIRC’s 2024 sales and earnings per share (EPS) indicates a rise of 15.7% and 32.4%, respectively, from the year-ago period’s levels.Stride, Inc. LRN carries a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 44.3% on average. Shares of LRN have increased 77% in the past year.The Zacks Consensus Estimate for LRN’s 2024 sales and EPS indicates a rise of 10.8% and 34.7%, respectively, from the year-ago period’s levels.Bluegreen Vacations Holding Corporation BVH flaunts a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 29.4% on average. Shares of BVH have increased 187.6% in the past year.The Zacks Consensus Estimate for BVH’s 2024 sales and EPS indicates a rise of 1.5% and 22.6%, respectively, from the year-ago period’s levels.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLas Vegas Sands Corp. (LVS) : Free Stock Analysis Report\nVirco Manufacturing Corporation (VIRC) : Free Stock Analysis Report\nStride, Inc. (LRN) : Free Stock Analysis Report\nBluegreen Vacations Holding Corporation (BVH) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2402796255"}