Grufity logoGrufity logo

WYNN

85.45USD+0.30(+0.35%)Delayedas of 05 Dec 2022, 11:04 am

Wynn Resorts Ltd

Market Summary

USD85.45+0.30Delayedas of 05 Dec 2022, 11:04 am
0.35%

WYNN Alerts

WYNN Stock Price

RSI Chart

Valuation

Market Cap

6.6B

Price/Earnings

-10.09

Price/Sales

1.7

Price/Cashflow

-43.27

MarketCap/EBT

-6.84

Price/Sales

Profitability

EBT Margin

-24.86%

Return on Equity

-639.22%

Return on Assets

-5.57%

Fundamentals

Revenue

Revenue (TTM)

3.8B

Revenue Y/Y

-10.55%

Revenue Q/Q

-2.1%

Earnings

Earnings (TTM)

-633.5M

Earnings Y/Y

14.05%

Earnings Q/Q

-9.87%

Price Action

52 Week Range

50.2096.50
(Low)(High)

Last 7 days

13.6%

Last 30 days

26.8%

Last 90 days

43.9%

Trailing 12 Months

3.5%

Financial Health

Current Ratio

1.47

Debt/Equity

115.93

Debt/Cashflow

-0.01

Investor Care

Buy Backs (1Y)

2.03%

Diluted EPS (TTM)

-5.54

Peers (Alternatives to Wynn Resorts)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
51.8B
17.9B
8.53% 10.28%
29.73
2.89
81.27% 402.31%
14.1B
12.6B
5.61% -10.04%
4.35
1.19
55.14% 95.35%
MID-CAP
8.7B
2.5B
19.72% -20.69%
25.09
3.46
32.27% 172.13%
7.7B
1.7B
9.49% -3.17%
16.08
4.57
12.17% 116.11%
6.7B
1.6B
-0.36% -8.11%
19.33
4.32
5.99% 85.11%
6.6B
3.8B
26.84% 3.48%
-10.09
1.7
11.71% 25.31%
5.2B
6.3B
6.70% -30.30%
24.84
0.83
26.07% -52.81%
4.0B
1.7B
-0.26% -7.81%
14.07
2.37
32.99% 124.99%
2.3B
1.8B
2.70% -13.40%
28.17
1.37
71.80% 311.51%
SMALL-CAP
1.8B
1.4B
12.57% -37.10%
13.65
1.2
8.26% 102.71%
1.5B
468.4M
5.43% 20.98%
18.91
3.38
36.69% 32.94%
1.2B
1.1B
1.34% -5.33%
11.45
1.07
10.17% -27.23%
1.2B
431.2M
26.08% 320.85%
35.73
3.25
65.06% 370.62%
231.7M
170.5M
3.65% -19.67%
42.74
1.31
-2.68% -127.31%
231.1M
434.1M
-3.26% -43.88%
9.53
0.53
18.60% -31.64%

Financials for Wynn Resorts

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-2.7%3,7943,8993,9803,7643,397
  S&GA Expenses0.5%820816814797748
Earnings Before Taxes4.0%-930.88-969.30-929.30-1,011.52-1,062.94
Net Income3.6%-633.46-656.81-658.13-755.79-848.10
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.1%11,77911,78912,17912,53112,608
  Current Assets-2.0%2,3232,3712,6662,8762,856
    Cash Equivalents-3.5%1,9402,0102,3202,5232,480
  Inventory-1.1%6869727064
  Net PPE-1.1%8,4998,5978,6718,7658,859
  Goodwill0%919199130-
Liabilities1.6%13,37613,16313,21313,36713,200
  Current Liabilities1.1%1,6351,6171,1541,2881,287
  Long Term Debt1.7%12,11711,91211,92311,93511,744
    LT Debt, Current0.3%546545505050
    LT Debt, Non Current1.8%11,57011,36811,87311,88511,694
  Retained Earnings-5.5%-2,744.22-2,601.33-2,471.28-2,288.08-2,110.89
  Additional Paid-In Capital0.5%3,5843,5663,5723,5033,486
Accumulated Depreciation2.4%6,0785,9385,8295,7275,617
Shares Outstanding-0.3%113114116116116
Minority Interest-9.0%-833.81-764.89-696.22-621.80-539.35
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-3.6%-158.80-153.24-86.07-222.59-508.18
  Share Based Compensation-7.4%6974859597
Cashflow From Investing4.5%-396.97-415.52-391.00-342.42-237.54
Cashflow From Financing184.7%177-209.06-91.69-388.00-328.80
  Dividend Payments-21.1%22221
  Buy Backs14.4%181159211413

Risks

What is the probability of a big loss on WYNN?

88.1%


Probability that Wynn Resorts stock will be more than 20% underwater in next one year

72.3%


Probability that Wynn Resorts stock will be more than 30% underwater in next one year.

55.4%


Probability that Wynn Resorts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WYNN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Wynn Resorts was unfortunately bought at previous high price.

Returns

Cumulative Returns on WYNN

-0.5%


10-Year Cumulative Returns

5.5%


7-Year Cumulative Returns

-10.7%


5-Year Cumulative Returns

-9.7%


3-Year Cumulative Returns

What are the long-term rolling returns for WYNN?

FIve years rolling returns for Wynn Resorts.

Which funds bought or sold WYNN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
544
1,000
-%
2022-11-23
Toroso Investments, LLC
ADDED
12.4
58,000
298,000
0.01%
2022-11-22
IHT Wealth Management, LLC
NEW
-
261,000
261,000
0.02%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
592,000
592,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
372,000
372,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
906,000
11,121,000
0.02%
2022-11-17
M&T Bank Corp
-
-
44,000
258,000
-%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-
5,000
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-1.73
174,000
2,167,000
0.01%
2022-11-16
Kentucky Retirement Systems Insurance Trust Fund
ADDED
2.88
29,000
234,000
0.02%

1–10 of 39

Latest Funds Activity

Are funds buying WYNN calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own WYNN

Wynn Resorts News

Seeking Alpha

S&P, Nasdaq, Dow edge lower as Fed enters quiet period.51 minutes ago

WYNN Fair Value

Recent SEC filings of Wynn Resorts

View All Filings
Date Filed Form Type Document
Nov 28, 2022
8-K
Current Report
Nov 10, 2022
4
Insider Trading
Nov 09, 2022
10-Q
Quarterly Report
Nov 09, 2022
8-K
Current Report
Nov 04, 2022
S-3ASR
S-3ASR
Oct 31, 2022
SC 13G
Major Ownership Report
Oct 11, 2022
SC 13G/A
Major Ownership Report
Sep 20, 2022
4
Insider Trading
Sep 14, 2022
8-K
Current Report
Aug 29, 2022
8-K
Current Report

Latest Insider Trading transactions for WYNN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
ATKINS BETSY S
SOLD
-477,391
83.65
-5,707
-
2022-11-09
Billings Craig Scott
SOLD FOR TAXES
-472,156
68.28
-6,915
CEO
2022-09-19
Mulroy Patricia
SOLD
-132,274
66.137
-2,000
-
2022-08-08
Mulroy Patricia
SOLD
-134,220
67.11
-2,000
-
2022-07-15
Whittemore Ellen F
SOLD (Taxes)
-21,855.2
55.47
-394
EVP and General Counsel
2022-05-11
Webb Winifred Markus
ACQUIRED
-
-
1,643
-
2022-05-11
ATKINS BETSY S
ACQUIRED
-
-
1,677
-
2022-05-11
STROM DARNELL O.
ACQUIRED
-
-
475
-
2022-05-11
SATRE PHILIP G
ACQUIRED
-
-
3,251
-
2022-05-05
STROM DARNELL O.
ACQUIRED
-
-
3,474
-

1–10 of 50

Craig S. Billings
27000
Wynn Resorts, Limited designs, develops, and operates integrated resorts. Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays. Its Wynn Macau segment operates 252,000 square feet of casino space with 331 table games, 818 slot machines, private gaming salons, sky casinos, and a poker room; two luxury hotel towers with 1,010 guest rooms and suites that include two health clubs, two spas, a salon, and a pool; 14 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; and Chinese zodiac-inspired ceiling attractions. Its Las Vegas Operations segment operates 194,000 square feet of casino space with 223 table games, 1,751 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with 4,748 guest rooms, suites, and villas, including swimming pools, private cabanas, two full service spas and salons, and a wedding chapel; 32 food and beverage outlets; 513,000 square feet of meeting and convention space; 155,000 square feet of retail space; and two theaters, three nightclubs and a beach club. Its Encore Boston Harbor segment operates 211,000 square feet of casino space with 184 table games, 2,766 slot machines, gaming areas, and a poker room; a luxury hotel tower with 671 guest rooms and suites, including a spa and salon; 15 food and beverage outlets and a nightclub; 10,000 square feet of retail space; 71,000 square feet of meeting and convention space; and a waterfront park, floral displays, and water shuttle service. The company was founded in 2002 and is based in Las Vegas, Nevada.

WYNN Income Statement

2022-09-30
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:    
Total operating revenues$ 889,722$ 994,644$ 2,751,888$ 2,721,439
Operating expenses:    
General and administrative201,275197,350598,433574,669
Provision for credit losses(8,186)(347)(11,331)7,461
Pre-opening6,4471,33313,3965,455
Depreciation and amortization172,502177,110520,026545,538
Property charges and other4,73315,30177,36226,569
Total operating expenses942,7131,078,3082,951,7723,010,356
Operating loss(52,991)(83,664)(199,884)(288,917)
Other income (expense):    
Interest income6,89250710,8632,131
Interest expense, net of amounts capitalized(165,277)(150,325)(472,265)(453,601)
Change in derivatives fair value5,8391,17614,8016,557
Loss on extinguishment of debt0(738)0(2,060)
Other(864)(11,784)(26,090)(17,324)
Other income (expense), net(153,410)(161,164)(472,691)(464,297)
Loss before income taxes(206,401)(244,828)(672,575)(753,214)
Provision for income taxes(1,390)(1,155)(3,248)(2,345)
Net loss(207,791)(245,983)(675,823)(755,559)
Less: net loss attributable to noncontrolling interests64,89979,734219,556176,963
Net loss attributable to Wynn Resorts, Limited$ (142,892)$ (166,249)$ (456,267)$ (578,596)
Net loss attributable to Wynn Resorts, Limited:    
Basic (in usd per share)$ (1.27)$ (1.45)$ (4.00)$ (5.10)
Diluted (in usd per share)$ (1.27)$ (1.45)$ (4.00)$ (5.10)
Weighted average common shares outstanding:    
Basic (in shares)112,709114,655114,061113,420
Diluted (in shares)112,709114,655114,061113,420
Casino    
Operating revenues:    
Total operating revenues$ 359,876$ 496,264$ 1,209,323$ 1,615,228
Operating expenses:    
Cost of goods and services sold239,901315,316808,0441,048,897
Rooms    
Operating revenues:    
Total operating revenues197,212173,817568,886387,772
Operating expenses:    
Cost of goods and services sold67,68952,100191,474136,187
Food and beverage    
Operating revenues:    
Total operating revenues224,730217,501628,566435,152
Operating expenses:    
Cost of goods and services sold185,388163,655517,515354,709
Entertainment, retail and other    
Operating revenues:    
Total operating revenues107,904107,062345,113283,287
Operating expenses:    
Cost of goods and services sold$ 72,964$ 156,490$ 236,853$ 310,871

WYNN Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,943,505$ 2,522,530
Restricted cash5,0364,896
Accounts receivable, net of allowance for credit losses of $81,208 and $111,319210,032199,463
Inventories68,31069,967
Prepaid expenses and other96,52479,061
Total current assets2,323,4072,875,917
Property and equipment, net8,498,8148,765,308
Restricted cash154,1253,641
Goodwill and intangible assets, net250,901307,578
Operating lease assets347,902371,365
Other assets204,196207,017
Total assets11,779,34512,530,826
Current liabilities:  
Accounts and construction payables139,154170,542
Customer deposits436,198436,388
Gaming taxes payable34,03873,173
Accrued compensation and benefits171,383206,225
Accrued interest145,268132,877
Current portion of long-term debt546,07850,000
Other accrued liabilities162,917218,675
Total current liabilities1,635,0361,287,880
Long-term debt11,570,43811,884,546
Long-term operating lease liabilities108,094115,187
Other long-term liabilities62,74079,428
Total liabilities13,376,30813,367,041
Commitments and contingencies (Note 16)
Stockholders' deficit:  
Preferred stock, par value $0.01; 40,000,000 shares authorized; zero shares issued and outstanding00
Common stock, par value $0.01; 400,000,000 shares authorized; 132,127,292 and 131,449,806 shares issued; 113,373,330 and 115,714,943 shares outstanding, respectively1,3211,314
Treasury stock, at cost; 18,753,871 and 15,734,863 shares, respectively(1,614,997)(1,436,373)
Additional paid-in capital3,584,3573,502,715
Accumulated other comprehensive income10,3886,004
Accumulated deficit(2,744,222)(2,288,078)
Total Wynn Resorts, Limited stockholders' deficit(763,153)(214,418)
Noncontrolling interests(833,810)(621,797)
Total stockholders' deficit(1,596,963)(836,215)
Total liabilities and stockholders' deficit$ 11,779,345$ 12,530,826