Traders bought shares of Wynn Resorts Ltd. (NASDAQ:WYNN) on weakness during trading hours on Friday. $74.79 million flowed into the stock on the tick-up and $66.44 million flowed out of the stock on the tick-down, for a money net flow of $8.35 million into the stock. Of all companies tracked, Wynn Resorts had the 15th highest net in-flow for the day. Wynn Resorts traded down ($0.66) for the day and closed at $89.85

A number of analysts recently commented on the company. Credit Agricole SA reiterated an “underperform” rating and set a $97.00 price objective on shares of Wynn Resorts in a research report on Wednesday. Buckingham Research assumed coverage on Wynn Resorts in a research report on Friday, August 12th. They set a “buy” rating and a $113.00 price objective for the company. Vetr upgraded Wynn Resorts from a “buy” rating to a “strong-buy” rating and set a $112.54 price objective for the company in a research report on Wednesday, August 10th. Zacks Investment Research upgraded Wynn Resorts from a “hold” rating to a “buy” rating and set a $110.00 price objective for the company in a research report on Monday, August 1st. Finally, JPMorgan Chase & Co. reduced their price objective on Wynn Resorts from $94.00 to $93.00 and set a “neutral” rating for the company in a research report on Friday, July 29th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $97.33.

The stock has a market cap of $9.11 billion and a P/E ratio of 27.80. The company has a 50 day moving average price of $97.21 and a 200-day moving average price of $92.33.

Wynn Resorts (NASDAQ:WYNN) last issued its earnings results on Thursday, July 28th. The casino operator reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.91 by $0.16. The firm earned $1.06 billion during the quarter, compared to analysts’ expectations of $1.02 billion. The business’s revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business earned $0.74 EPS. Analysts anticipate that Wynn Resorts Ltd. will post $3.81 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 23rd. Shareholders of record on Thursday, August 11th were paid a dividend of $0.50 per share. The ex-dividend date was Tuesday, August 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.23%.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts that integrate accommodations and a range of amenities, including dining outlets, retail offerings, entertainment theaters and meeting complexes. The Company operates through two segments: Macau Operations and Las Vegas Operations.

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