vested
<Research>HTSC Trims SANDS CHINA LTD (01928.HK) TP to $21.2, Keeps Rating at Buy
LVS, the US-based parent company of SANDS CHINA LTD (01928.HK) released its 1Q25 financial results in after-hours trading session last Wednesday (23rd) US time, in which GGR from its Macau business (i.e., SANDS CHINA LTD) was US$610 million, down 6% YoY and 2% QoQ, recovering to 69% of its 1Q19 level, Huatai Securities issued a research report saying.
Modified by Sheraton, Londoner Grand has opened in April, offering 2,405 luxury hotel suites. It is expected to improve results in time for the May Day holiday.
Related News: SANDS CHINA LTD 1Q Adj. Property EBITDA Slips 12.3% YoY; Net Income Drops ~32% YoY
Coupled with the expectation of continued dividend declaration in 2H25, the company may follow the end-2024 DPS of $25 cents, which represents an annualized dividend yield raio of about 4% based on the current share price.
Therefore, the broker kept rating at Buy, and trimmed its target price from $24.7 to $21.2.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
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Sands China 1928
Re: Sands China 1928
by winston » Mon Apr 28, 2025 3:33 pm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
- Posts: 111922
- Joined: Wed May 07, 2008 9:28 am
Re: Sands China 1928
by winston » Tue May 06, 2025 11:26 am
not vested
<Research>G Sachs Keeps Buy on SANDS CHINA LTD But Chops EBITDA Forecasts by 7%
2025/04/24
According to a report from Goldman Sachs, SANDS CHINA LTD (01928.HK) 's 1Q25 results met expectations with EBITDA of US$535 million toward the low end of the market's forecast range.
In addition, the EBITDA adjusted for the VIP win rate declined by 8% QoQ to US$545 million, which was also in line with expectations.
After taking into account the YTD GGR market share trend, Goldman Sachs lowered its FY25-27 EBITDA forecasts for SANDS CHINA LTD by 7% and its target price to $21.2 from $24.
The broker believes that the company's stock price remaining weak YTD is due to its unsatisfactory performance in GGR and market share. It continued to rate the company as Buy.
Related News: UBS Turns More Cautious on Gaming Sector; MO Apr Daily Avg. GGR Beats
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
<Research>G Sachs Keeps Buy on SANDS CHINA LTD But Chops EBITDA Forecasts by 7%
2025/04/24
According to a report from Goldman Sachs, SANDS CHINA LTD (01928.HK) 's 1Q25 results met expectations with EBITDA of US$535 million toward the low end of the market's forecast range.
In addition, the EBITDA adjusted for the VIP win rate declined by 8% QoQ to US$545 million, which was also in line with expectations.
After taking into account the YTD GGR market share trend, Goldman Sachs lowered its FY25-27 EBITDA forecasts for SANDS CHINA LTD by 7% and its target price to $21.2 from $24.
The broker believes that the company's stock price remaining weak YTD is due to its unsatisfactory performance in GGR and market share. It continued to rate the company as Buy.
Related News: UBS Turns More Cautious on Gaming Sector; MO Apr Daily Avg. GGR Beats
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/analy ... stock-news
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 111922
- Joined: Wed May 07, 2008 9:28 am
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