Las Vegas Sands Corp
LVS: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &H | LOCK|cLx% | LOCK|vMKyB$n% |
Las Vegas Sands: Investments Deal a Winning Hand in Singapore and Macao; Shares Undervalued
Las Vegas Sands' shares rose 6% in after-hours trading on Oct 22, driven by spectacular 56% revenue growth at its Singapore resort (55% of EBITDA) and solid 8% sales growth in its Macao region. The strength in Singapore helped drive its EBITDA margin to 40.3% from 37% a year ago.
