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Light & Wonder (LNW)
NASDAQ:LNW
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LNW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$67.71 - $115.00
Previous Close$91.61
Volume1.09M
Average Volume (3M)849.00K
Market Cap
$8.13B
Enterprise Value$11.71B
Total Cash (Recent Filing)$321.00M
Total Debt (Recent Filing)$3.90B
Price to Earnings (P/E)27.5
Beta1.44
Next Earnings
Nov 06, 2024EPS Estimate
$1.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.33
Shares Outstanding88,724,171
10 Day Avg. Volume1,021,033
30 Day Avg. Volume849,000
Standard Deviation0.18
R-Squared0.26
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)10.34
Price to Sales (P/S)2.62
Price to Cash Flow (P/CF)14.30
P/FCF Ratio18.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.81
Enterprise Value/Gross Profit5.77
Enterprise Value/Ebitda18.89
Forecast
1Y Price Target
$110.38Price Target Upside18.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Light & Wonder News
Bulls Say, Bears Say
Bulls Say
Financial GuidanceThe company reiterated its 2025 guidance for AEBITDA of $1.4B, indicating that Dragon Train represented less than 5% of the total guidance and that it expects to continue its growth through its broad portfolio of games and other business lines.
Market ExpansionLNW has grown their ship share in Australia from 6-8% in 2019 to over 30%, in large part because of Dragon Train.
Quarterly PerformanceLNW delivered another record quarter with 2Q adj. EBITDA of US$330m, +17% yoy; and +7% vs Visible Alpha cons (US$308m).
Bears Say
Financial PerformanceCapital expenditures were elevated in 2Q, and could be at risk to move higher with one of the core franchises presumably at risk.
Growth TrajectoryWith the preliminary injunction against LNW in a competitor suit over Dragon Train, questions arise on the ongoing growth trajectory and therefore valuation.
Legal IssuesShares of LNW are down after the company announced it had received an order from the U.S. District Court for the District of Nevada granting Aristocrat a preliminary injunction relating to Light & Wonder’s Dragon Train game.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
LNW FAQ
What was Light & Wonder’s price range in the past 12 months?
Light & Wonder lowest stock price was $67.71 and its highest was $115.00 in the past 12 months.
What is Light & Wonder’s market cap?
Currently, no data Available
When is Light & Wonder’s upcoming earnings report date?
Light & Wonder’s upcoming earnings report date is Nov 06, 2024 which is in 41 days.
How were Light & Wonder’s earnings last quarter?
Light & Wonder released its earnings results on Aug 07, 2024. The company reported $0.9 earnings per share for the quarter, missing the consensus estimate of $1.045 by -$0.145.
Is Light & Wonder overvalued?
According to Wall Street analysts Light & Wonder’s price is currently Undervalued.
Does Light & Wonder pay dividends?
Light & Wonder does not currently pay dividends.
What is Light & Wonder’s EPS estimate?
Light & Wonder’s EPS estimate is $1.08.
How many shares outstanding does Light & Wonder have?
Light & Wonder has 88,724,174 shares outstanding.
What happened to Light & Wonder’s price movement after its last earnings report?
Light & Wonder reported an EPS of $0.9 in its last earnings report, missing expectations of $1.045. Following the earnings report the stock price went up 1.801%.
Which hedge fund is a major shareholder of Light & Wonder?
Among the largest hedge funds holding Light & Wonder’s share is Stone House Capital Management LLC. It holds Light & Wonder’s shares valued at 157M.
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Light & Wonder Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$110.38 (18.56% Upside)
$110.38 (18.56% Upside)
Blogger Sentiment
Bullish
LNW Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 153.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.3%
Last 30 Days ▲ 22.7%
Last 30 Days ▲ 22.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.46%
12-Months-Change
Fundamentals
Return on Equity
33.37%
Trailing 12-Months
Asset Growth
-7.11%
Trailing 12-Months
Company Description
Light & Wonder
Scientific Games Corp. engages in the development of technology-based products and services and associated content. It operates through the following business segments: Gaming, Lottery, and SciPlay and Digital. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services. The Lottery segment comprises of system-based services and product sales business, and instant games business. The SciPlay segment developes and publishes digital games on mobile and web platforms. The Digital Segment provides a comprehensive suite of digital gaming and sports wagering solutions and services, including digital RMG and sports wagering solutions, distribution platforms, content, products and services. The company was founded on July 2, 1984 and is headquartered in Las Vegas, NV.
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LNW Company Deck
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LNW Earnings Call
Q2 2024
0:00 / 0:00
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LNW Stock 12 Month Forecast
Average Price Target
$110.38
▲(18.56% Upside)
Technical Analysis
Best Analysts Covering LNW
1 Year
1 Year Success Rate
21/25 ratings generated profit
1 Year Average Return
+43.40%
reiterated a buy rating 2 days ago
Copying Barry Jonas's trades and holding each position for 1 Year would result in 84.00% of your transactions generating a profit, with an average return of +43.40% per trade.
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