Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / WYNN - Wynn Resorts: Undiscovered Alpha Lies In Its Sustaining Premium Price Over Peers

WYNN - Wynn Resorts: Undiscovered Alpha Lies In Its Sustaining Premium Price Over Peers

Wynn Resorts Limited

2024-04-08 11:50:47 ET

Summary

  • Wynn Resorts has a long history of outperforming its rivals in the gaming industry, thanks to innovative marketing strategies and a focus on high-end customers.
  • Despite facing headwinds from the COVID-19 pandemic, Wynn has resumed its price leadership and continues to trade at a premium compared to its peers.
  • The company is expected to see strong revenue growth in 2023, driven by the recovery in Macau and a positive outlook for its Vegas properties. A forward P/E ratio of 20 to 22 makes Wynn a strong buy.

Premise : Tracking the shares of Wynn Resorts (WYNN) for over 44 years has covered my career, as a publisher of the first ever gaming business publication, to my c-suite career as a gaming executive, and subsequently as a consultant and financial analyst. It has also afforded me over time many one on one industry discussions with its eponymous founder Steve Wynn....

For further details see:

Wynn Resorts: Undiscovered Alpha Lies In Its Sustaining Premium Price Over Peers
Stock Information
Company Name: Wynn Resorts Limited
Stock Symbol: WYNN
Market: NASDAQ
Website: wynnresorts.com
Menu
WYNN WYNN Quote WYNN Short WYNN News WYNN Articles WYNN Message Board
Get WYNN Alerts

News, Short Squeeze, Breakout and More Instantly...