In the past week, LNW stock has gone down by -8.07%, with a monthly decline of -12.18% and a quarterly surge of 7.08%. The volatility ratio for the week is 2.70%, and the volatility levels for the last 30 days are 2.63% for Light & Wonder Inc The simple moving average for the last 20 days is -11.45% for LNW stock, with a simple moving average of 7.45% for the last 200 days.
Is It Worth Investing in Light & Wonder Inc (NASDAQ: LNW) Right Now?
The price-to-earnings ratio for Light & Wonder Inc (NASDAQ: LNW) is above average at 49.78x, Company’s 36-month beta value is 1.80.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LNW is 88.92M, and currently, short sellers hold a 4.91% ratio of that floaft. The average trading volume of LNW on April 19, 2024 was 596.27K shares.
LNW) stock’s latest price update
Light & Wonder Inc (NASDAQ: LNW) has seen a decline in its stock price by -0.46 in relation to its previous close of 88.47. However, the company has experienced a -8.07% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-29 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Analysts’ Opinion of LNW
Many brokerage firms have already submitted their reports for LNW stocks, with Mizuho repeating the rating for LNW by listing it as a “Underperform.” The predicted price for LNW in the upcoming period, according to Mizuho is $83 based on the research report published on March 26, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see LNW reach a price target of $110, previously predicting the price at $105. The rating they have provided for LNW stocks is “Neutral” according to the report published on March 11th, 2024.
JP Morgan gave a rating of “Overweight” to LNW, setting the target price at $98 in the report published on January 30th of the current year.
LNW Trading at -8.85% from the 50-Day Moving Average
After a stumble in the market that brought LNW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.14% of loss for the given period.
Volatility was left at 2.63%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares sank -14.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.00% upper at present.
During the last 5 trading sessions, LNW fell by -8.07%, which changed the moving average for the period of 200-days by +27.64% in comparison to the 20-day moving average, which settled at $98.71. In addition, Light & Wonder Inc saw 7.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LNW starting from Wilson Matthew R., who sale 9,044 shares at the price of $101.21 back on Mar 07 ’24. After this action, Wilson Matthew R. now owns 125,940 shares of Light & Wonder Inc, valued at $915,343 using the latest closing price.
Lane Siobhan, the SVP & CEO – Gaming of Light & Wonder Inc, sale 3,566 shares at $100.73 during a trade that took place back on Mar 07 ’24, which means that Lane Siobhan is holding 11,302 shares at $359,203 based on the most recent closing price.
Stock Fundamentals for LNW
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.67 for the gross margin
The net margin for Light & Wonder Inc stands at 0.06. The total capital return value is set at 0.11. Equity return is now at value 18.58, with 2.82 for asset returns.
Based on Light & Wonder Inc (LNW), the company’s capital structure generated 0.84 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 5.09. The interest coverage ratio of the stock is 1.74.
Currently, EBITDA for the company is 994.0 million with net debt to EBITDA at 3.4. When we switch over and look at the enterprise to sales, we see a ratio of 3.9. The receivables turnover for the company is 5.48for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In a nutshell, Light & Wonder Inc (LNW) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
