TheStreet Quant Ratings rates Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) as a buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) stock opened at $42.21 in last trading session, and closed at $42.27, trading in the range of $41.87 – $42.57. The stock showed a positive weekly performance of 0.07%.
Las Vegas Sands Corp. (NYSE:LVS) EVP Robert G. Goldstein sold 150,000 shares of Las Vegas Sands Corp. stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $80.81, for a total value of $12,121,500.00. Following the completion of the transaction, the executive vice president now directly owns 375,000 shares in the company, valued at approximately $30,303,750. Las Vegas Sands Corp. (NYSE:LVS) shares closed at $80.89 on last trade day, by gaining 0.37%. Stock 52 week range is $47.95 – $82.48. Company’s market capitalization is $66.29 billion.
Carnival Corp. (NYSE:CCL) was downgraded by investment analysts at Jefferies Group from a “hold” rating to an “underperform” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. They currently have a $33.00 price target on the stock, up from their previous price target of $31.00. Jefferies Group’s target price would suggest a potential downside of 18.11% from the company’s current price. Carnival Corporation (NYSE:CCL) stock advanced 0.79% and finished the last session at $39.42. The EPS of the stock remained 1.39. Company’s market capitalization is $30.60 billion.
Wynn Resorts (NASDAQ:WYNN) Insider Linda Chen unloaded 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $226.00, for a total transaction of $4,520,000.00. Following the transaction, the insider now directly owns 104,600 shares of the company’s stock, valued at approximately $23,639,600. Wynn Resorts, Limited (NASDAQ:WYNN) stock opened at $224.50 in last trading session and closed at $228.35. The 52 week range of the stock is $113.39 – $228.75 and the day range was $221.84 – $228.75.