A share price of Light & Wonder Inc [LNW] is currently trading at $109.62, up 2.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LNW shares have gain 1.69% over the last week, with a monthly amount glided 9.34%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Light & Wonder Inc [NASDAQ: LNW] stock has seen the most recent analyst activity on August 26, 2024, when Maxim Group initiated its Buy rating and assigned the stock a price target of $144. Previously, Susquehanna downgraded its rating to Neutral on May 10, 2024, and dropped its price target to $95. On March 26, 2024, Mizuho initiated with a Underperform rating and assigned a price target of $83 on the stock. Redburn Atlantic downgraded its rating to a Neutral and increased its price target to $110 on March 11, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $98 as its price target on January 30, 2024. The Benchmark Company started tracking with a Buy rating for this stock on January 16, 2024, and assigned it a price target of $92. In a note dated August 22, 2023, Redburn initiated an Buy rating and provided a target price of $104 on this stock.
Light & Wonder Inc experienced fluctuations in its stock price throughout the past year between $67.71 and $111.00. Currently, Wall Street analysts expect the stock to reach $109.17 within the next 12 months. Light & Wonder Inc [NASDAQ: LNW] shares were valued at $109.62 at the most recent close of the market. An investor can expect a potential drop of -0.41% based on the average LNW price forecast.
Analyzing the LNW fundamentals
Trailing Twelve Months sales for Light & Wonder Inc [NASDAQ:LNW] were 3.08B which represents 11.90% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.35 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 106.69 points at the first support level, and at 103.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.16, and for the 2nd resistance point, it is at 112.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Light & Wonder Inc [NASDAQ:LNW] is 1.85. In addition, the Quick Ratio stands at 1.58 and the Cash Ratio stands at 0.6. Considering the valuation of this stock, the price to sales ratio is 3.16, the price to book ratio is 12.41 and price to earnings (TTM) ratio is 32.96.
Transactions by insiders
Recent insider trading involved Regan Michael J, former director, that happened on Aug 16 ’24 when 20000.0 shares were purchased. Director, Korsanos Antonia completed a deal on May 17 ’24 to buy 70.0 shares. Meanwhile, Director Korsanos Antonia bought 72.0 shares on May 13 ’24.
