Las Vegas Sands (LVS) AI Stock Analysis

• Market Cap: $44.79B
• Dividend Yield: 1.51%
• Average Volume (3M): 5.18M
• Price to Earnings (P/E): 29.9
• Beta (1Y): 0.84
• Revenue Growth: 8.37%
• EPS Growth: 10.20%
• Country: US
• Employees: 39,900
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.78
• Shares Outstanding: 676,134,460
• 10 Day Avg. Volume: 4,417,798
• 30 Day Avg. Volume: 5,179,095
• PEG Ratio: 1.13
• Price to Book (P/B): 13.09
• Price to Sales (P/S): 3.34
• P/FCF Ratio: 23.24
• Enterprise Value/Market Cap: 1.11
• Enterprise Value/Revenue: 4.04
• Enterprise Value/Gross Profit: 12.48
• Enterprise Value/Ebitda: 11.25
• 1Y Price Target: $66.40
• Price Target Upside: 0.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12
• EPS Forecast (FY): 2.91
• Revenue Forecast (FY): $12.66B

• Rating: 74 Outperform
• Price Target: $65.00 ▼(-1.89% Downside)

Las Vegas Sands' strong technical indicators and positive earnings call are the most significant factors driving the score. While financial performance is solid, high leverage poses a risk. The valuation suggests the stock is somewhat expensive, which slightly offsets the positive outlook.

Positive Factors

Revenue Growth

Sustained revenue growth indicates effective business strategies and market demand, crucial for long-term financial health and competitive positioning.

Cash Generation

Strong cash generation enhances financial flexibility, allowing for strategic investments, debt reduction, and shareholder returns, supporting long-term stability.

Strategic Initiatives

Dividend increases and share buybacks reflect management's confidence in future growth and commitment to enhancing shareholder value, strengthening investor trust.

Negative Factors

High Leverage

Significant leverage poses risks to financial stability, potentially limiting flexibility in adverse conditions and increasing vulnerability to interest rate changes.

Macau Market Challenges

Underperformance in Macau suggests competitive and operational challenges, necessitating strategic adjustments to regain market share and improve profitability.

Gross Profit Margin Pressure

Declining gross profit margins indicate cost pressures, which could impact profitability if not managed, highlighting the need for cost control and efficiency improvements.

Las Vegas Sands Business Overview & Revenue Model

Company Description

Las Vegas Sands Corp. is a leading global developer and operator of integrated resorts, primarily focused on the gaming and hospitality sectors. The company is renowned for its iconic properties in Las Vegas, such as The Venetian and The Palazzo, as well as its significant presence in Asia with the Marina Bay Sands in Singapore and various integrated resorts in Macau. LVS offers a diverse range of services including hotel accommodations, gaming, entertainment, retail, and dining, creating a comprehensive leisure experience for guests.

How the Company Makes Money

Las Vegas Sands generates revenue primarily through its casino operations, which include gaming revenues from slot machines and table games. Additionally, the company earns significant income from hotel room bookings, food and beverage sales, retail shopping, and entertainment offerings within its integrated resorts. The growth of its revenue is also supported by high-profile conventions and meetings hosted at its facilities. Partnerships with local and international brands enhance its offerings and draw in more visitors. Furthermore, the company's strategic focus on Asian markets, particularly Macau and Singapore, has been a key driver of its earnings, leveraging the growing tourism and gaming sectors in these regions.

Las Vegas Sands Financial Statement Overview

Summary

Las Vegas Sands demonstrates a strong recovery with positive revenue growth and profitability metrics. However, the high leverage remains a significant risk factor. Continued focus on managing debt levels and improving cash conversion will be crucial for sustained financial health.

Income Statement

Las Vegas Sands shows a strong recovery with a notable revenue growth rate of 5.59% in TTM, indicating a positive trajectory. The gross profit margin has decreased slightly from previous years, but the net profit margin remains stable at 12.69%. The EBIT and EBITDA margins are healthy, reflecting efficient operations. However, the decline in gross profit margin from 2024 to TTM suggests some cost pressures.

Balance Sheet

The company has a high debt-to-equity ratio of 10.04 in TTM, indicating significant leverage, which poses a risk. However, the return on equity is strong at 68.06%, showing effective use of equity to generate profits. The equity ratio is low, suggesting a reliance on debt financing, which could be a concern in volatile market conditions.

Cash Flow

Las Vegas Sands exhibits impressive free cash flow growth of 134.97% in TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is moderate at 0.59, suggesting reasonable cash conversion efficiency. However, the free cash flow to net income ratio is below 0.5, indicating room for improvement in translating profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.26B	11.30B	10.37B	4.11B	4.23B	2.94B
Gross Profit	3.97B	4.15B	3.90B	614.00M	567.00M	-176.00M
EBITDA	4.40B	4.11B	3.92B	351.00M	188.00M	-356.00M
Net Income	1.56B	1.45B	1.22B	-1.02B	-961.00M	-1.69B
Balance Sheet
Total Assets	21.50B	20.67B	21.78B	22.04B	20.06B	20.81B
Cash, Cash Equivalents and Short-Term Investments	3.48B	3.65B	5.11B	6.31B	1.85B	2.08B
Total Debt	15.77B	13.75B	14.03B	15.98B	14.79B	14.00B
Total Liabilities	19.64B	17.51B	17.67B	18.38B	17.81B	17.27B
Stockholders Equity	1.57B	2.88B	4.12B	3.88B	2.00B	2.97B
Cash Flow
Free Cash Flow	1.29B	1.62B	1.97B	-1.57B	-824.00M	-2.54B
Operating Cash Flow	2.73B	3.20B	3.23B	-795.00M	15.00M	-1.31B
Investing Cash Flow	-1.50B	-1.58B	-1.25B	4.16B	-895.00M	-1.33B
Financing Cash Flow	-2.07B	-3.06B	-3.19B	1.12B	684.00M	560.00M

Las Vegas Sands Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 66.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• 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 66.25 is above the 20-day moving average (MA) of 66.24, above the 50-day MA of 59.02, and above the 200-day MA of 48.34, indicating a bullish trend. The MACD of 2.23 indicates Positive momentum. The RSI at 58.93 is Neutral, neither overbought nor oversold. The STOCH value of 40.84 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
LVS	74 Outperform	$44.79B	29.90	62.28%	1.51%	8.37%	10.20%
BYD	71 Outperform	$6.32B	3.54	87.17%	0.87%	5.91%	336.91%
WYNN	67 Neutral	$13.05B	27.68	―	0.80%	-0.26%	-44.45%
MGM	63 Neutral	$9.87B	226.43	2.25%	―	0.05%	-94.07%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MLCO	56 Neutral	$3.43B	33.41	―	―	11.32%	―
CZR	51 Neutral	$4.74B	―	-6.06%	―	0.87%	31.28%

Las Vegas Sands Corporate Events

Las Vegas Sands CEO to Sell 300,000 Shares

Las Vegas Sands Corp. announced that its Chairman and CEO, Robert G. Goldstein, will transition to a senior advisor role on March 1, 2026. Ahead of this transition, Goldstein plans to sell some or all of his holdings in the company’s common stock for financial diversification, with an initial sale of 300,000 shares on October 27, 2025. Despite these sales, Goldstein remains confident in the company’s future prospects.