Morning Technical Insight on These Resorts & Casinos Stocks -- Pinnacle Entertainment, Wynn Resorts, Boyd Gaming, and Carnival
NEW YORK, January 25, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PNK, WYNN, BYD, and CCL which can be accessed for free by signing up to http://www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on Pinnacle Entertainment Inc. (NASDAQ: PNK), Wynn Resorts Ltd (NASDAQ: WYNN), Boyd Gaming Corp. (NYSE: BYD), and Carnival Corp. (NYSE: CCL). These stocks belong to the Resorts and Casinos industry, which is composed of lodging and recreational establishments that provide both facilities on the same premises. All you have to do is sign up today for this free limited time offer by clicking the link below. http://www.wallstequities.com/registration
Pinnacle Entertainment
Las Vegas, Nevada headquartered Pinnacle Entertainment Inc.'s shares saw a slight decline of 0.18%, finishing Wednesday's trading session at $32.88. A total volume of 283,051 shares was traded. In the previous three months and over the past year, the stock has surged 31.36% and 117.89%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 5.92% and 40.76%, respectively. Moreover, shares of Pinnacle Entertainment, which engages in ownership, operation, and development of casinos and related hospitality and entertainment businesses, have a Relative Strength Index (RSI) of 62.47. Get the full research report on PNK for free by clicking below at: http://www.wallstequities.com/registration/?symbol=PNK
Wynn Resorts
On Wednesday, shares in Las Vegas, Nevada-based Wynn Resorts Ltd recorded a trading volume of 3.24 million shares, which was above their three months average volume of 1.80 million shares. The stock ended the session 2.89% higher at $200.58. The Company's shares have gained 19.03% in the last month, 38.56% over the previous three months, and 113.31% over the past year. The stock is trading 22.56% above its 50-day moving average and 41.63% above its 200-day moving average. Furthermore, shares of Wynn Resorts, which develops, owns, and operates destination casino resorts, have an RSI of 85.83.
On January 22nd, 2018, Wynn Resorts reported its financial results for Q4 and year ended December 31st, 2017. For Q4 2017, net revenues were $1.69 billion, GAAP net income was $491.7 million, and adjusted property EBITDA was $480.2 million. For the full year 2017, net revenues were $6.31 billion, GAAP net income was $747.2 million, and adjusted property EBITDA was $1.81 billion.
On January 23rd, 2018, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $153 a share to $201 a share. To experience our free membership services anytime/ anywhere and access the free report on WYNN, click to register at: http://www.wallstequities.com/registration/?symbol=WYNN
Boyd Gaming
Shares in Las Vegas, Nevada headquartered Boyd Gaming Corp. closed at $38.82, slightly rising by 0.91% from the last trading session. The stock recorded a trading volume of 1.10 million shares. The Company's shares have gained 8.41% in the last month, 36.40% over the previous three months, and 98.16% over the past year. The stock is trading 16.42% and 40.79% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Boyd Gaming, which together with its subsidiaries, operates as a multi-jurisdictional gaming company, have an RSI of 73.46.
On January 19th, 2018, research firm Jefferies initiated a 'Hold' rating on the Company's stock. Join our big investor community at Wall St. Equities today and get your free report on BYD at: http://www.wallstequities.com/registration/?symbol=BYD
Carnival
Miami, Florida headquartered Carnival Corp.'s stock ended 3.88% higher at $71.17. A total volume of 6.76 million shares was traded, which was above their three months average volume of 3.01 million shares. The Company's shares have advanced 7.28% in the last month, 7.67% over the previous three months, and 30.52% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.54% and 8.69%, respectively. Furthermore, shares of Carnival, which operates as a leisure travel and cruise company, have an RSI of 66.89.
On January 09th, 2018, research firm Credit Suisse upgraded the Company's stock rating from 'Neutral' to 'Outperform'.
On January 18th, 2018, Carnival announced that it has declared a quarterly dividend of $0.45 per share. The Company's Boards of Directors approved a record date for the quarterly dividend of February 23rd, 2018, and a payment date of March 16th, 2018. The Company also announced that Sir Jonathon Band, an independent non-executive director, will join the Nominating & Governance Committees, effective immediately. Know more about CCL in our free research coverage at: http://www.wallstequities.com/registration/?symbol=CCL
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article