What to Expect From Wynn Resorts Ltd. in 2018
Wynn Resorts (NASDAQ: WYNN) made a great comeback this year, with its stock soaring over 80% on five straight quarters of double-digit annual sales growth. Analysts expect the casino giant, which owns properties in Las Vegas and Macau, to grow its sales by 38% and its earnings by 54% this year.
However, that growth is expected to drop to 5% sales growth and 24% earnings growth next year. Those are still decent numbers, but investors might be wondering if it's too late to buy Wynn now. Let's take a look at where Wynn's headed next year to decide.
Image source: Wynn.
Source: Fool.com
Wynn Resorts Ltd Stock
With 21 Buy predictions and not a single Sell prediction Wynn Resorts Ltd is an absolute favorite of our community.
As a result the target price of 116 € shows a very positive potential of 56.25% compared to the current price of 74.24 € for Wynn Resorts Ltd.