Wynn Resorts Ltd. WYNN was a big mover last session, as the company saw its shares rise over 13% on the day. The upside came after the company announced that CEO Steve Wynn purchased more than 1 million shares in the open market which led to more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $59.56 to $68.50 in the past one-month time frame.
The company has seen 1 negative estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Wynn Resorts currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Boyd Gaming Corporation BYD sporting a Zacks Rank #1 (Strong Buy).
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