Wynn Resorts P/E Ratio Insights: A Comprehensive Analysis

Wynn Resorts Inc. stock price is at $109.45, a 1.73% decrease from the current market session. Over the past month, the stock has gone up by 2.51%, and in the past year, by 42.89%. The company's P/E ratio is lower than the Hotels, Restaurants & Leisure industry, suggesting that the stock may be undervalued or that shareholders do not expect future growth. Investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Wynn Resorts Inc. (WYNN) stock price has decreased to $109.45, marking a 1.73% drop from its current market session. Over the past month, the stock has appreciated by 2.51%, while in the past year, it has surged by 42.89%. The company's P/E ratio is lower than the Hotels, Restaurants & Leisure industry average, indicating that the stock might be undervalued or that shareholders are cautious about future growth prospects.

During the second quarter of 2025, Wynn Resorts reported mixed results, with flat revenue growth and missed expectations for both sales and non-GAAP profit. The company's CEO, Craig Billings, attributed the performance to varied outcomes across its major properties. Las Vegas operations benefited from increased casino demand among high-end customers and operational adjustments focused on premium rate retention. However, Macau's lower-than-expected VIP hold weighed on results despite solid mass market volume growth and continued progress on property refresh projects [1].

Analysts during the earnings call highlighted several key points. Dan Politzer (JPMorgan) inquired about Las Vegas outperformance and the impact of premium positioning versus operational changes. Elizabeth Dove (Goldman Sachs) questioned differences in domestic versus international consumer trends and spending behaviors. Stephen Grambling (Morgan Stanley) probed expense management and sustainability, while David Katz (Jefferies) explored the role of promotions and entertainment in Macau's recovery. Steven Wieczynski (Stifel) asked about the UAE project's financial assumptions and competitive landscape [1].

Wynn Resorts' stock is currently trading at $111.01, up from $107.14 just before the earnings. The company's market capitalization stands at $11.51 billion. Investors should consider the progress of major property upgrades, the pace of pre-opening milestones for Wynn Al Marjan Island, and evolving trends in group and convention bookings in the upcoming quarters. Additionally, developments in the regulatory and competitive landscape in the UAE will be closely watched [1].

MGM Resorts International (MGM), a competitor in the gaming and entertainment sector, has shown varying performance. While revenues exceeded analysts' expectations in the second quarter of 2025, EPS lagged behind. The company's stock has been trading at a discount, with analysts predicting a 32.6% price increase, suggesting potential undervaluation [2].

Investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions. The lower P/E ratio for Wynn Resorts indicates potential undervaluation or cautious expectations for future growth. However, the company's mixed Q2 results and ongoing projects in Las Vegas, Macau, and the UAE may influence future stock performance.

References:
[1] https://finance.yahoo.com/news/wynn-resorts-q2-earnings-call-053235176.html
[2] https://simplywall.st/stocks/us/consumer-services/nyse-mgm/mgm-resorts-international