The price-to-earnings ratio for Light & Wonder Inc (NASDAQ: LNW) is above average at 28.77x. The 36-month beta value for LNW is also noteworthy at 1.72. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 rating it as “hold,” and 1 rating it as “sell.”
The public float for LNW is 87.76M, and at present, short sellers hold a 1.78% of that float. The average trading volume of LNW on November 21, 2024 was 720.55K shares.
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LNW) stock’s latest price update
The stock price of Light & Wonder Inc (NASDAQ: LNW) has surged by 1.21 when compared to previous closing price of 91.37, but the company has seen a 0.22% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-19 that NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Light & Wonder, Inc. (NASDAQ: LNW) resulting from allegations that Light & Wonder may have issued materially misleading business information to the investing public.
LNW’s Market Performance
Light & Wonder Inc (LNW) has experienced a 0.22% rise in stock performance for the past week, with a 0.18% rise in the past month, and a -14.47% drop in the past quarter. The volatility ratio for the week is 2.49%, and the volatility levels for the past 30 days are at 2.53% for LNW. The simple moving average for the past 20 days is -3.64% for LNW’s stock, with a -6.21% simple moving average for the past 200 days.
Analysts’ Opinion of LNW
Many brokerage firms have already submitted their reports for LNW stocks, with B. Riley Securities repeating the rating for LNW by listing it as a “Buy.” The predicted price for LNW in the upcoming period, according to B. Riley Securities is $120 based on the research report published on October 08, 2024 of the current year 2024.
Maxim Group gave a rating of “Buy” to LNW, setting the target price at $144 in the report published on August 26th of the current year.
LNW Trading at -4.81% 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 -19.58% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.49%, as shares sank -0.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.64% lower at present.
During the last 5 trading sessions, LNW rose by +0.22%, which changed the moving average for the period of 200-days by +12.37% in comparison to the 20-day moving average, which settled at $95.97. In addition, Light & Wonder Inc saw 12.63% 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 Regan Michael J, who proposed sale 20,000 shares at the price of $103.45 back on Aug 16 ’24. After this action, Regan Michael J now owns shares of Light & Wonder Inc, valued at $2,068,964 using the latest closing price.
Korsanos Antonia, the Director of Light & Wonder Inc, purchase 70 shares at $95.04 during a trade that took place back on May 17 ’24, which means that Korsanos Antonia is holding 313 shares at $6,653 based on the most recent closing price.
Stock Fundamentals for LNW
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.65 for the gross margin
The net margin for Light & Wonder Inc stands at 0.09. The total capital return value is set at 0.15. Equity return is now at value 32.47, with 5.14 for asset returns.
Based on Light & Wonder Inc (LNW), the company’s capital structure generated 0.82 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 4.55. The interest coverage ratio of the stock is 2.36.
Currently, EBITDA for the company is 913.0 million with net debt to EBITDA at 3.5. When we switch over and look at the enterprise to sales, we see a ratio of 3.71. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In summary, Light & Wonder Inc (LNW) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
