Las Vegas Sands (LVS) AI Stock Analysis

• Market Cap: $36.73B
• Dividend Yield: 1.73%
• Average Volume (3M): 4.71M
• Price to Earnings (P/E): 27.0
• Beta (1Y): 0.83
• Revenue Growth: 1.62%
• EPS Growth: -7.14%
• Country: US
• Employees: 39,900
• Sector: Consumer Cyclical
• Sector Strength: 66
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.79
• Shares Outstanding: 686,453,600
• 10 Day Avg. Volume: 3,921,365
• 30 Day Avg. Volume: 4,710,724
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.17
• Enterprise Value/Revenue: 3.70
• Enterprise Value/Gross Profit: 10.85
• Enterprise Value/Ebitda: 10.27
• 1Y Price Target: $58.54
• Price Target Upside: 6.34% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 59 Neutral
• Price Target: $57.00 ▲(3.54% Upside)

Las Vegas Sands' overall score is primarily influenced by strong earnings call results, particularly in Singapore, and stable financial performance. However, high leverage, declining cash flow, and lack of technical data weigh down the score. The stock's valuation is also a concern, with a high P/E ratio indicating potential overvaluation.

Positive Factors

Financial Performance

LVS reported better top-line results driven solely by remarkable strength in Singapore.

Stock Buyback

LVS repurchased ~$800m of stock during the quarter, indicating confidence in the company's valuation.

Negative Factors

Macau Performance

Macau EBITDA was weaker, coming in below estimates, with a sequential increase but still not meeting expectations.

Market Share

LVS surprisingly lost mass market share in Macau driven largely by share loss at the Venetian.

Las Vegas Sands Business Overview & Revenue Model

Company Description

Las Vegas Sands Corp. is a leading global developer and operator of world-class integrated resorts and casinos, primarily known for its iconic properties in Las Vegas, Nevada, and in Macao, China. The company operates in the gaming and hospitality sectors, offering a range of services including gaming, hotel accommodations, dining, and entertainment. Its flagship properties, such as The Venetian and The Palazzo in Las Vegas and The Venetian Macao, are renowned for their luxurious amenities and extensive facilities designed to attract both leisure and business travelers.

How the Company Makes Money

Las Vegas Sands generates revenue primarily through its casino operations, which include gaming tables and slot machines, providing a significant portion of its earnings. In addition to gaming, the company earns substantial income from hotel room bookings, food and beverage sales, and retail shopping experiences within its resorts. The integrated resort model allows LVS to capitalize on multiple revenue streams, with conventions and large-scale events also contributing to the bottom line. Strategic partnerships with entertainment providers and other businesses enhance its offerings, driving additional foot traffic and increasing overall revenue. Economic factors, tourism trends, and regulatory environments in both Las Vegas and Macao significantly influence the company's financial performance.

Las Vegas Sands Financial Statement Overview

Summary

Las Vegas Sands shows a strong recovery in revenue and stable net profit margins. However, high leverage and declining free cash flow pose risks. The company needs to improve cash flow generation and manage debt levels for long-term stability.

Income Statement

Las Vegas Sands shows a strong recovery in revenue with a TTM growth rate of 3.7%. The gross profit margin has decreased from 48.9% in 2024 to 40.1% in TTM, indicating increased costs. However, the net profit margin remains stable at 12.2%, showing effective cost management. EBIT and EBITDA margins are healthy, reflecting operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 7.95, indicating significant leverage, which poses a risk. However, the return on equity is strong at 51.3%, suggesting efficient use of equity to generate profits. The equity ratio is low, highlighting reliance on debt financing.

Cash Flow

Free cash flow has significantly declined by 53.6% in TTM, raising concerns about cash generation. The operating cash flow to net income ratio is 0.68, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is low at 0.23, suggesting limited cash available after capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.62B	11.30B	10.37B	4.11B	4.23B	2.94B
Gross Profit	3.96B	4.15B	3.90B	614.00M	567.00M	-176.00M
EBITDA	4.18B	4.11B	3.92B	351.00M	188.00M	-356.00M
Net Income	1.41B	1.45B	1.22B	-1.02B	-961.00M	-1.69B
Balance Sheet
Total Assets	21.85B	20.67B	21.78B	22.04B	20.06B	20.81B
Cash, Cash Equivalents and Short-Term Investments	3.45B	3.65B	5.11B	6.31B	1.85B	2.08B
Total Debt	15.82B	13.75B	14.03B	15.98B	14.79B	14.00B
Total Liabilities	19.57B	17.51B	17.67B	18.38B	17.81B	17.27B
Stockholders Equity	1.99B	2.88B	4.12B	3.88B	2.00B	2.97B
Cash Flow
Free Cash Flow	549.00M	1.62B	1.97B	-1.45B	-813.00M	-2.54B
Operating Cash Flow	2.38B	3.20B	3.23B	-795.00M	15.00M	-1.31B
Investing Cash Flow	-1.83B	-1.58B	-1.25B	4.16B	-895.00M	-1.33B
Financing Cash Flow	-1.83B	-3.06B	-3.19B	1.12B	684.00M	560.00M

Las Vegas Sands Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 55.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LVS, the sentiment is Positive. The current price of 55.05 is above the 20-day moving average (MA) of 53.08, above the 50-day MA of 49.00, and above the 200-day MA of 44.93, indicating a bullish trend. The MACD of 1.41 indicates Positive momentum. The RSI at 71.43 is Negative, neither overbought nor oversold. The STOCH value of 71.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LVS.

Las Vegas Sands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BYD	80 Outperform	$6.68B	12.83	36.36%	0.82%	6.40%	26.09%
MGM	65 Neutral	$9.99B	20.01	17.34%	―	0.89%	-31.56%
Sector *	61 Neutral	$17.16B	12.39	-5.32%	3.05%	1.51%	-15.30%
WYNN	60 Neutral	$11.73B	33.29	-51.73%	0.87%	-1.94%	-53.90%
LVS	59 Neutral	$36.73B	27.02	49.16%	1.73%	1.62%	-7.14%
MLCO	55 Neutral	$3.49B	65.74	25.40%	―	12.51%	―
CZR	52 Neutral	$5.26B	―	-4.76%	―	-0.15%	28.05%

Las Vegas Sands Corporate Events

Las Vegas Sands Appoints Patrick Dumont to Board

On August 8, 2025, Sands China Ltd., a subsidiary of Las Vegas Sands Corp., announced the appointment of Patrick Dumont to its Board of Directors. This move is expected to influence the company’s strategic direction and governance, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (LVS) stock is a Buy with a $64.50 price target. To see the full list of analyst forecasts on Las Vegas Sands stock, see the LVS Stock Forecast page.

Las Vegas Sands Stockholders Meeting Highlights Key Votes

On May 15, 2025, Las Vegas Sands held its Annual Meeting of Stockholders where three proposals were voted on. The election of directors resulted in the appointment of nine individuals to serve until the 2026 meeting. The stockholders also ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Additionally, an advisory vote on executive compensation was conducted, with a significant number of votes cast against the proposal.

The most recent analyst rating on (LVS) stock is a Buy with a $64.50 price target. To see the full list of analyst forecasts on Las Vegas Sands stock, see the LVS Stock Forecast page.