The hearings on the proposed $800 million casino by MGM Resort International (NYSE:MGM)have started with people opposed to the idea, as well as those for the idea being given a chance to air out their views by the Massachusetts Gaming Commission. This is the last round of discussion as the commission tries to come up with a verdict on the matter amidst increased public attention on the matter. MGM Resorts International. (NYSE:MGM) shares after opening at $26.60 moved to $26.72 on last trade day and at the end of the day closed at $26.70. Company price to sales ratio in past twelve months was calculated as 1.33 and price to cash ratio as 7.26. MGM Resorts International. (NYSE:MGM) showed a positive weekly performance of 6.93%.
Las Vegas Sands Corp. (NYSE:LVS) owned by Mr. Adelson is all set to support the bill, which seeks to impose a ban on online betting. If that is what it takes for the company to be able to multiply it’s profits then it is clearly up for the show. Las Vegas Sands Corp. (NYSE:LVS) shares advanced 0.15% in last trading session and ended the day on $82.87. Las Vegas Sands Corp. (NYSE:LVS) return on equity ratio is recorded as 30.70% and its return on assets is 10.40%. Las Vegas Sands Corp. (NYSE:LVS) yearly performance is 57.52%.
Carnival Corp. (NYSE:CCL) has been given a consensus rating of “Hold” by the twenty-six analysts that are covering the company,AnalystRatings.NET reports. Four equities research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $37.72. Carnival Corporation. (NYSE:CCL) shares moved down 0.94% in last trading session and was closed at $38.04, while trading in range of $ 37.78 – 38.18. Carnival Corporation. (NYSE:CCL) year to date (YTD) performance is -4.71%.
Penn National Gaming (NASDAQ:PENN) was upgraded by research analysts at FBR Capital Markets from a “market perform” rating to an “outperform” rating in a report released on Wednesday,AnalystRatingsNetwork reports. The firm currently has a $15.00 price target on the stock, up from their previous price target of $13.00. FBR Capital Markets’ price target would indicate a potential upside of 28.10% from the stock’s previous close. Penn National Gaming, Inc. (NASDAQ:PENN) weekly performance is 5.57%. On last trading day company shares ended up $12.32. Penn National Gaming, Inc. (NASDAQ:PENN)distance from 50-day simple moving average (SMA50) is 1.72%. Analysts mean target Price for the company is $18.58.