Wynn Resorts Ltd (WYNN) Stock AnalysisWYNNWynn Resorts Ltd

Wynn Resorts, Limited is a designer, developer, and operator of integrated resorts featuring hotel rooms, retail space, an array of dining and entertainment options, meeting and convention facilities, and gaming. The Company owns and operates Wynn Las Vegas, Wynn Macau, Wynn Palace, Cotai, Wynn Mayfair, and operates Encore Boston Harbor. Wynn and Encore Las Vegas consist of two hotel towers with a total of 4,748 spacious hotel rooms, suites, and villas. Encore Boston Harbor features 671 hotel rooms and suites, a spa, 14 dining and lounge venues, a nightclub, and a ballroom and meeting spaces. Wynn Macau is in the Macau Special Administrative Region of the People's Republic of China with two luxury hotel towers. Wynn Palace offers 1,706 exquisite rooms, suites, and villas, 14 food and beverage outlets, meeting and convention space, an extensive boutique shopping esplanade, SkyCabs that traverse an eight-acre Performance Lake, an extensive collection of rare art, a spa and salon. It operates in the Consumer Cyclicals sector (HOTELS & MOTELS industry).

Wynn Resorts is currently a hold. The stock's current price is $75.6, which is significantly below the average analyst price target of $128. However, the RSI is at 44.979, indicating it is nearing oversold territory, but not quite there yet. The stock has seen a year-to-date decline of 38.32%, which raises concerns about its recovery potential in the short term. The main risk is its forward P/E ratio of 13.947, which suggests that while it is relatively cheap, the market may be pricing in lower growth expectations due to recent performance issues.

17 analysts cover WYNN: 8 rate it Buy, 9 Hold and 0 Sell. The average price target is 146.62.