Should I buy or sell Light & Wonder stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Light & Wonder in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LNW shares. View LNW analyst ratings or view top-rated stocks .

What is Light & Wonder's stock price target for 2024?

11 analysts have issued 12 month target prices for Light & Wonder's stock. Their LNW share price targets range from $66.00 to $115.00. On average, they expect the company's share price to reach $96.75 in the next year. This suggests a possible upside of 9.9% from the stock's current price. View analysts price targets for LNW or view top-rated stocks among Wall Street analysts .

How have LNW shares performed in 2024?

Light & Wonder's stock was trading at $82.11 at the start of the year. Since then, LNW shares have increased by 7.2% and is now trading at $88.06. View the best growth stocks for 2024 here .

When is Light & Wonder's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LNW earnings forecast .

How can I listen to Light & Wonder's earnings call?

Light & Wonder will be holding an earnings conference call on Wednesday, May 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Light & Wonder's earnings last quarter?

Light & Wonder, Inc. (NASDAQ:LNW) announced its earnings results on Tuesday, February, 27th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.03. The company had revenue of $770 million for the quarter, compared to analyst estimates of $748.30 million. Light & Wonder had a trailing twelve-month return on equity of 23.68% and a net margin of 5.58%. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $0.12 EPS.

What ETFs hold Light & Wonder's stock?

ETFs with the largest weight of Light & Wonder (NASDAQ:LNW) stock in their portfolio include iBET Sports Betting & Gaming ETF (IBET) , AdvisorShares Vice ETF (VICE) , Invesco Leisure and Entertainment ETF (PEJ) , Roundhill Sports Betting & iGaming ETF (BETZ) , VanEck Gaming ETF (BJK) , B.A.D. Etf (BAD) , First Trust S-Network Streaming and Gaming ETF (BNGE) and Amplify Video Game Tech ETF (GAMR) .

Who are Light & Wonder's major shareholders?

Light & Wonder's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.30%), Los Angeles Capital Management LLC (0.02%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Antonia Korsanos , Fine Capital Partners, LP, Hamish Mclennan , James Sottile, Jamie Odell , Maria T Vullo , Oliver Chow, Siobhan Lane and Vanja Kalabic. View institutional ownership trends .

How do I buy shares of Light & Wonder?

Shares of LNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:LNW

Light & Wonder (LNW) Stock Price, News & Analysis

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Free LNW Stock Alerts

$88.06

-0.41 (-0.46%)

(As of 04/18/2024 ET)

Compare

Today's Range: $88.01
▼
$89.78
50-Day Range: $84.55
▼
$107.20
52-Week Range: $56.01
▼
$108.90

Volume: 647,132 shs
Average Volume: 575,090 shs
Market Capitalization: $7.91 billion

P/E Ratio: 50.03
Dividend Yield: N/A
Price Target: $96.75

Get Light & Wonder alerts:

Light & Wonder MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.55 Rating Score
Upside/Downside: 9.9% Upside
$96.75 Price Target
Short Interest: Healthy
4.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.08
Based on 5 Articles This Week
Insider Trading: Selling Shares
$760,427 Sold Last Quarter
Proj. Earnings Growth: 35.19%
From $3.78 to $5.11 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.99 out of 5 stars

Consumer Discretionary Sector

143rd out of 251 stocks

Computer Integrated Systems Design Industry

10th out of 34 stocks

2.3

Analyst's Opinion

Consensus Rating
Light & Wonder has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 7 buy ratings, 3 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Light & Wonder has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.91% of the float of Light & Wonder has been sold short.
Short Interest Ratio / Days to Cover
Light & Wonder has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in Light & Wonder has recently decreased by 5.21%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Light & Wonder does not currently pay a dividend.
Dividend Growth
Light & Wonder does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LNW.

2.8

News and Social Media Coverage

News Sentiment
Light & Wonder has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Light & Wonder this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for LNW on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Light & Wonder to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Light & Wonder insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $760,427.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Light & Wonder is held by insiders.
Percentage Held by Institutions
88.08% of the stock of Light & Wonder is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Light & Wonder are expected to grow by 35.19% in the coming year, from $3.78 to $5.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Light & Wonder is 50.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Light & Wonder is 50.03, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.01.
Price to Book Value per Share Ratio
Light & Wonder has a P/B Ratio of 10.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Light & Wonder Stock (NASDAQ:LNW)

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. It also leases or provides gaming content, gaming machines, and server-based system; sells and supports casino-management system based software and hardware; and licenses proprietary table games content to commercial, tribal and governmental gaming operators. The SciPlay segment develops, markets, and operates social games on various mobile and web platforms, as well as other games in the hyper-casual space. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.

LNW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LNW Stock News Headlines

April 18, 2024 | finance.yahoo.com

Q4 Gaming Solutions Earnings: Rush Street Interactive (NYSE:RSI) Impresses

April 16, 2024 | msn.com

Small and midcap pair trades for every sector - Oppenheimer

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 16, 2024 | finance.yahoo.com

Gaming Solutions Stocks Q4 Results: Benchmarking PlayAGS (NYSE:AGS)

April 10, 2024 | businesswire.com

Light & Wonder Taps Trustly to Power Cashless Payments at Casinos

April 8, 2024 | finance.yahoo.com

Is Light & Wonder, Inc. (NASDAQ:LNW) Trading At A 30% Discount?

April 4, 2024 | businesswire.com

Light & Wonder to Report First Quarter 2024 Results on Wednesday, May 8, 2024

March 26, 2024 | markets.businessinsider.com

Forecasting The Future: 8 Analyst Projections For Light & Wonder

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 20, 2024 | finance.yahoo.com

LNW Dec 2024 110.000 call

March 20, 2024 | msn.com

Slot machine maker accuses Vegas company of producing ‘cheap knockoff’

March 18, 2024 | msn.com

Warner Bros Montreal Supports Monolith Productions on the Wonder Woman Game

March 18, 2024 | finance.yahoo.com

Light & Wonder (NASDAQ:LNW) shareholders have earned a 37% CAGR over the last five years

March 16, 2024 | afr.com

Dragons could help pokies maker Light and Wonder spread its wings

March 16, 2024 | finance.yahoo.com

LNW Apr 2024 100.000 put

March 16, 2024 | nasdaq.com

Guru Fundamental Report for LNW

March 15, 2024 | benzinga.com

Looking Into Light & Wonder's Recent Short Interest

March 11, 2024 | seekingalpha.com

Light & Wonder: This Gambling Tech Operator Transformed Into A Strong Sector Entry

March 11, 2024 | realmoney.thestreet.com

Light & Wonder just downgraded at Redburn Atlantic, here's why

March 8, 2024 | finance.yahoo.com

Insider Sells Shares of Light & Wonder Inc (LNW)

March 4, 2024 | finance.yahoo.com

LNW Mar 2024 100.000 put

March 1, 2024 | finance.yahoo.com

Light & Wonder, Inc. (NASDAQ:LNW) Just Reported And Analysts Have Been Lifting Their Price Targets

February 29, 2024 | finance.yahoo.com

Light & Wonder Full Year 2023 Earnings: EPS Misses Expectations

February 28, 2024 | markets.businessinsider.com

Light & Wonder: Strong EBITDA Growth and Market Outperformance Justify Buy Rating

February 28, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Cyclical Companies: Cracker Barrel (CBRL) and Light & Wonder (LNW)

February 28, 2024 | finance.yahoo.com

Q4 2023 Light & Wonder Inc Earnings Call

February 28, 2024 | markets.businessinsider.com

Light & Wonder Q4 Analysis: A Balanced Hold Rating Amid Mixed Financial Signals

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Computer integrated systems design
Sub-Industry: N/A
Current Symbol: NASDAQ:LNW
CUSIP: N/A
CIK: 750004
Web: www.scientificgames.com
Phone: (702) 897-7150
Fax: 702-897-2284
Employees: 6,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $96.75
High Stock Price Target: $115.00
Low Stock Price Target: $66.00
Potential Upside/Downside: +8.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.55
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.76
Trailing P/E Ratio: 50.53
Forward P/E Ratio: 23.53
P/E Growth: N/A
Net Income: $163 million
Net Margins: 5.58%
Pretax Margin: 7.06%
Return on Equity: 23.68%
Return on Assets: 4.37%

Debt

Debt-to-Equity Ratio: 5.04
Current Ratio: 1.88
Quick Ratio: 1.63

Sales & Book Value

Annual Sales: $2.90 billion
Price / Sales: 2.75
Cash Flow: $6.02 per share
Price / Cash Flow: 14.77
Book Value: $8.50 per share
Price / Book: 10.46

Miscellaneous

Outstanding Shares: 89,830,000
Free Float: 88,032,000
Market Cap: $7.99 billion
Optionable: Optionable
Beta: 1.78

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Key Executives

Mr. Jamie Ronald Odell M.B.A. (Age 65)
Executive Chairman
Comp: $900k
Mr. Matthew R. Wilson (Age 41)
CEO, President & Director
Comp: $1.69M
Ms. Antonia Korsanos BEC (Age 54)
C.A., Executive Vice Chair
Comp: $600k
Mr. James Sottile (Age 63)
Executive VP, Chief Legal Officer & Corporate Secretary
Comp: $1.37M
Ms. Siobhan Lane (Age 42)
Executive VP & Group Chief Executive of Gaming
Comp: $1.12M
Mr. Oliver Chow
Executive VP, CFO & Treasurer
Mr. Vanja Kalabic (Age 41)
Senior VP & Chief Accounting Officer
Mr. Nick Zangari
Senior Vice President of Investor Relations
Mr. Stephen E. Richardson (Age 56)
Senior VP, Chief Compliance Officer & Director of Corporate Security
Mr. Steven Stamstad
Senior Vice President of Marketing & Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LNW Stock Analysis - Frequently Asked Questions

Should I buy or sell Light & Wonder stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Light & Wonder in the last year. There are currently 1 sell rating, 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LNW shares.
View LNW analyst ratings or view top-rated stocks.
What is Light & Wonder's stock price target for 2024?: 11 analysts have issued 12 month target prices for Light & Wonder's stock. Their LNW share price targets range from $66.00 to $115.00. On average, they expect the company's share price to reach $96.75 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for LNW or view top-rated stocks among Wall Street analysts.
How have LNW shares performed in 2024?: Light & Wonder's stock was trading at $82.11 at the start of the year. Since then, LNW shares have increased by 7.2% and is now trading at $88.06.
View the best growth stocks for 2024 here.
When is Light & Wonder's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LNW earnings forecast.
How can I listen to Light & Wonder's earnings call?: Light & Wonder will be holding an earnings conference call on Wednesday, May 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Light & Wonder's earnings last quarter?: Light & Wonder, Inc. (NASDAQ:LNW) announced its earnings results on Tuesday, February, 27th. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.76 by $0.03. The company had revenue of $770 million for the quarter, compared to analyst estimates of $748.30 million. Light & Wonder had a trailing twelve-month return on equity of 23.68% and a net margin of 5.58%. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $0.12 EPS.
What ETFs hold Light & Wonder's stock?: ETFs with the largest weight of Light & Wonder (NASDAQ:LNW) stock in their portfolio include iBET Sports Betting & Gaming ETF (IBET), AdvisorShares Vice ETF (VICE), Invesco Leisure and Entertainment ETF (PEJ), Roundhill Sports Betting & iGaming ETF (BETZ), VanEck Gaming ETF (BJK), B.A.D. Etf (BAD), First Trust S-Network Streaming and Gaming ETF (BNGE) and Amplify Video Game Tech ETF (GAMR).
Who are Light & Wonder's major shareholders?: Light & Wonder's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Perpetual Ltd (0.30%), Los Angeles Capital Management LLC (0.02%) and Rise Advisors LLC (0.00%). Insiders that own company stock include Antonia Korsanos, Fine Capital Partners, LP, Hamish Mclennan, James Sottile, Jamie Odell, Maria T Vullo, Oliver Chow, Siobhan Lane and Vanja Kalabic.
View institutional ownership trends.
How do I buy shares of Light & Wonder?: Shares of LNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LNW) was last updated on 4/18/2024 by MarketBeat.com Staff

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Light & Wonder (LNW) Stock Price, News & Analysis

Light & Wonder MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Light & Wonder Stock (NASDAQ:LNW)

LNW Stock Price History

LNW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LNW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™