Wynn Resorts and its peers
An analysis of Wynn Resorts and its peers follows:
- The PE (price-to-earnings) ratios of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and Melco Crown Entertainment (MPEL) are 24.03x, 16.71x, and 32.86x, respectively.
- The price-to-sales ratios of Wynn Resorts, Las Vegas Sands, MGM Resorts International (MGM), Melco Crown, and Boyd Gaming (BYD) are 1.61x, 3.06x, 1.27x, 2.34x, and 0.84x, respectively.
As a result, the peers are way ahead of Wynn Resorts based on the price-to-sales ratio.
ETFs that invest in Wynn Resorts
The VanEck Vectors Gaming ETF (BJK) invests 5.4% of its holdings in Wynn Resorts. BJK tracks a market-cap-weighted index of global companies that generate at least 50% of their revenue from gaming and related activities.
The PowerShares Dynamic Market Portfolio ETF (PWC) invests 2% of its holdings in Wynn Resorts. PWC tracks a quant-selected, tier-weighted index covering the entire US equity market.
The First Trust NASDAQ-100 Ex-technology Sector Index Fund (QQXT) invests 1.6% of its holdings in Wynn Resorts. QQXT tracks an equal-weighted index of NASDAQ-100 stocks that excludes technology companies.
Comparing Wynn Resorts and its ETFs
An analysis of Wynn Resorts and its ETFs follows:
- The YTD (year-to-date) price movements of Wynn Resorts, BJK, and QQXT are -49.5%, -12.9%, and -0.22%, respectively.
- The PE ratios of Wynn Resorts, BJK, PWC, and QQXT are 24.03x, 24.03x, 40.24x, and 33.13x, respectively.
The ETFs outperformed Wynn Resorts based on the price movement and PE ratio.