Wynn Resorts Ltd (NASDAQ: WYNN) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, its longer term price trend turned down, and negative upside/downside volume developed.
Positive development: significant quarterly earnings acceleration occurred. Negative development: significant quarterly sales deceleration occurred.
The stock is currently unrated.
Current PriceTarget Research Rating
WYNN’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
Wynn Resorts is currently unrated.
Recent Price Action
Wynn Resorts Ltd (NASDAQ: WYNN) stock closed at $96.10 on 4/18/24 after a modest decline of -1.4%. Trading volume in this decline was normal. The stock has declined -7.8% during the last week and has performed in line with the market over the last nine months.
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