Wynn Resorts (WYNN) AI Stock Analysis

• Market Cap: $13.05B
• Dividend Yield: 0.79%
• Average Volume (3M): 1.63M
• Price to Earnings (P/E): 27.7
• Beta (1Y): 0.87
• Revenue Growth: -0.26%
• EPS Growth: -44.45%
• Country: US
• Employees: 28,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.86
• Shares Outstanding: 103,974,480
• 10 Day Avg. Volume: 1,708,173
• 30 Day Avg. Volume: 1,632,631
• PEG Ratio: -0.64
• Price to Book (P/B): -42.27
• Price to Sales (P/S): 1.33
• P/FCF Ratio: 9.44
• Enterprise Value/Market Cap: 1.74
• Enterprise Value/Revenue: 3.20
• Enterprise Value/Gross Profit: 7.57
• Enterprise Value/Ebitda: 12.00
• 1Y Price Target: $146.58
• Price Target Upside: 18.00% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13
• EPS Forecast (FY): 4.59
• Revenue Forecast (FY): $7.11B

• Rating: 64 Neutral
• Price Target: $136.00 ▲(9.48% Upside)

Wynn Resorts' overall stock score is driven by strong earnings call results and positive technical indicators. However, financial performance and valuation present challenges, with high leverage and a relatively high P/E ratio suggesting potential risks. The company's ability to navigate these financial challenges while capitalizing on growth opportunities in key markets will be crucial for future performance.

Positive Factors

Strong Macau Performance

Macau's strong performance, with a 15% increase in mass volumes, underscores Wynn's strategic advantage in a key growth market, supporting long-term revenue stability.

Positive Outlook for Wynn Al Marjan Island

The Al Marjan Island project is expected to significantly contribute to future growth, enhancing Wynn's market leadership and diversification in the UAE.

Robust Liquidity Position

Wynn's robust liquidity provides financial flexibility to invest in growth opportunities and withstand economic uncertainties, ensuring long-term operational stability.

Negative Factors

High Leverage

Significant leverage with negative equity indicates financial instability, potentially limiting Wynn's ability to invest in growth and manage economic downturns.

Profitability Challenges

Declining profit margins suggest operational challenges, which could impact Wynn's ability to sustain profitability and shareholder returns over the long term.

Las Vegas Room Loss

The planned room loss in Las Vegas due to renovations may temporarily affect revenue, highlighting potential operational disruptions impacting short to medium-term performance.

Wynn Resorts Business Overview & Revenue Model

Company Description

Wynn Resorts, Limited (WYNN) is a premium global developer and operator of luxury hotels and casinos. Headquartered in Las Vegas, Nevada, the company operates several world-class properties, including Wynn Las Vegas and Encore, as well as Wynn Macau and Wynn Palace in the Greater Bay Area of China. Wynn Resorts is known for its high-end accommodations, fine dining, entertainment, and premium gaming experiences, catering to affluent clientele and tourists seeking luxury leisure experiences.

How the Company Makes Money

Wynn Resorts generates revenue primarily through its gaming operations, hotel accommodations, and various entertainment and dining offerings. The company's casino segment is a significant revenue driver, where it earns money from table games and slot machines. Hotel accommodations contribute through room bookings, with luxury pricing reflecting the premium nature of its properties. Additionally, Wynn Resorts benefits from high-end restaurants, bars, and entertainment venues, which attract guests and locals alike. The company also engages in retail operations within its resorts, enhancing the overall guest experience and driving additional sales. Significant partnerships with renowned chefs and entertainment acts further amplify its offerings, while the company's strategic focus on the Asian gaming market, particularly in Macau, plays a crucial role in its revenue generation.

Wynn Resorts Financial Statement Overview

Summary

Wynn Resorts shows strong revenue growth and gross profit margins, but faces challenges in profitability and financial stability due to high leverage and negative equity. Cash flow generation is moderate, with some strengths in converting income to cash. Overall, the company shows potential for growth but must address financial risks and improve profitability.

Income Statement

Wynn Resorts has shown a positive revenue growth trend with a 7% increase in TTM, following a 9.1% growth in the previous year. The gross profit margin remains strong at 42.5% TTM, indicating efficient cost management. However, the net profit margin has decreased to 5.5% TTM from 7% in the previous year, suggesting pressure on profitability. The EBIT and EBITDA margins have also slightly declined, reflecting potential operational challenges.

Balance Sheet

The balance sheet reveals significant leverage with a negative stockholders' equity, resulting in a high debt-to-equity ratio of -27.56 TTM. This indicates financial instability and potential risk. The return on equity is negative, reflecting losses and inefficiencies in generating returns for shareholders. The equity ratio is also negative, highlighting a reliance on debt financing.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 1.6% TTM, indicating challenges in generating cash. However, the operating cash flow to net income ratio is 0.54, suggesting some ability to convert income into cash. The free cash flow to net income ratio is relatively strong at 0.80, showing decent cash generation relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.11B	7.13B	6.53B	3.76B	3.76B	2.10B
Gross Profit	3.00B	3.10B	2.82B	1.37B	1.21B	352.64M
EBITDA	1.90B	1.99B	1.72B	643.17M	310.01M	-480.30M
Net Income	504.28M	501.08M	729.99M	-423.86M	-755.79M	-2.07B
Balance Sheet
Total Assets	12.80B	12.98B	14.00B	13.42B	12.53B	13.87B
Cash, Cash Equivalents and Short-Term Investments	1.96B	2.43B	3.72B	3.65B	2.52B	3.48B
Total Debt	12.20B	12.17B	13.37B	13.73B	12.05B	13.19B
Total Liabilities	13.94B	13.95B	15.10B	15.06B	13.37B	14.61B
Stockholders Equity	-370.04M	-224.16M	-251.38M	-750.84M	-214.42M	-352.00M
Cash Flow
Free Cash Flow	736.71M	1.00B	740.70M	-423.78M	-569.28M	-1.36B
Operating Cash Flow	1.35B	1.43B	1.25B	-71.27M	-222.59M	-1.07B
Investing Cash Flow	-1.41B	-83.56M	-1.34B	1.35B	-342.42M	-265.76M
Financing Cash Flow	-2.07B	-1.79B	-719.21M	-23.68M	-388.00M	2.46B

Wynn Resorts Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 124.22
• 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 WYNN, the sentiment is Positive. The current price of 124.22 is below the 20-day moving average (MA) of 124.86, above the 50-day MA of 123.53, and above the 200-day MA of 104.13, indicating a neutral trend. The MACD of 1.26 indicates Positive momentum. The RSI at 48.49 is Neutral, neither overbought nor oversold. The STOCH value of 28.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WYNN.

Wynn Resorts 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%	1.49%	8.37%	10.20%
BYD	71 Outperform	$6.32B	3.54	87.17%	0.87%	5.91%	336.91%
WYNN	64 Neutral	$13.05B	27.68	―	0.79%	-0.26%	-44.45%
MGM	63 Neutral	$9.87B	221.72	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	33.52	―	―	11.32%	―
CZR	51 Neutral	$4.74B	―	-6.06%	―	0.87%	31.28%

Wynn Resorts Corporate Events

Wynn Resorts Reports Strong Q3 2025 Financial Results

Wynn Resorts reported strong financial results for the third quarter of 2025, with operating revenues reaching $1.83 billion, a significant increase from the previous year. The company achieved a net income of $88.3 million, reversing a net loss from the same period in 2024, driven by impressive growth in Macau and continued success in Las Vegas. The Board of Directors declared a cash dividend of $0.25 per share, reflecting confidence in the company’s financial health. Additionally, Wynn Resorts made notable progress on its Wynn Al Marjan Island project, contributing $93.9 million to the development, which is expected to open in 2027.