Las Vegas Sands (LVS): Best Idea Long Call Today

Takeaway: Our Gaming, Lodging, and Leisure analysts are hosting a Best Idea call (long) call on Las Vegas Sands today.

Las Vegas Sands (LVS): Best Idea Long Call Today - LVS

 

LVS: BEST IDEA LONG

Conference Call

11:00AM ET

KEY TOPICS OF DISCUSSION

Mass Outlook - Inflecting Positive 

  • Hedgeye Mass Tracker results
  • Impact of new rooms on GGR
  • Visitation (overnight vs. same-day), hotel guests stays, average length of stay, and RevPAR

2Q 2016 Market Analysis 

  • Mass table efficiency
  • Minimum bet limit / observed average bets 
  • Promotional spending
  • Market share analysis

LVS - Best Idea Long

  • Mass centric business model
  • Estimates look acheivable and potentially beatable
  • Strong balance sheet - low leverage and high free cash flow generation
  • Sustainable and growing dividend now funded by free cash flow - 6% dividend yield

Q&A

 

CALL DETAILS

Attendance on this call is limited.

Please note if you are not a current subscriber to our Gaming, Lodging, and Leisure research there will be a fee associated with this call. Ping sales@hedgeye.com for more information.

 

ABOUT HEDGEYE

Hedgeye Risk Management is a leading independent provider of real-time investment research. Focused exclusively on generating and delivering investment ideas, the firm combines quantitative, bottom-up and macro analysis with an emphasis on timing. 

 

The Hedgeye team features some of the world's most regarded research analysts - united around a vision of independent, uncompromised real-time investment research as a service.



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