Wynn Resorts Ltd

WYNN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$426.00	Yxnwjhv	Zqwzgjtmf

Wynn Earnings: Demand and Profits in Vegas and Macao Remain Robust; Shares Attractive

Dan Wasiolek

Feb 8, 2024

We plan to lift narrow-moat Wynn’s $122 fair value estimate by a mid-single-digit percentage to account for stronger demand and profitability at its Vegas and Macao resorts, leaving shares undervalued even after the 4% lift in afterhours trading.

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