Light & Wonder Inc [LNW] stock is trading at $94.17, up 0.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The LNW shares have gain 3.79% over the last week, with a monthly amount drifted -10.31%, and not 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 September 25, 2024, when UBS upgraded its rating to a Buy. Previously, Maxim Group started tracking the stock with Buy rating on August 26, 2024, and set its price target to $144. On May 10, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $95 on the stock. Mizuho started tracking the stock assigning a Underperform rating and suggested a price target of $83 on March 26, 2024. Redburn Atlantic downgraded its rating to a Neutral and raised its price target to $110 on March 11, 2024. JP Morgan started tracking with a Overweight rating for this stock on January 30, 2024, and assigned it a price target of $98. In a note dated January 16, 2024, The Benchmark Company initiated an Buy rating and provided a target price of $92 on this stock.
Light & Wonder Inc [LNW] stock has fluctuated between $67.71 and $115.00 over the past year. Currently, Wall Street analysts expect the stock to reach $106.43 within the next 12 months. Light & Wonder Inc [NASDAQ: LNW] shares were valued at $94.17 at the most recent close of the market. An investor can expect a potential return of 13.02% based on the average LNW price forecast.
Analyzing the LNW fundamentals
Light & Wonder Inc [NASDAQ:LNW] reported sales of 3.08B for the trailing twelve months, which represents a growth of 11.90%. 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 92.72 points at the first support level, and at 91.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 95.03, and for the 2nd resistance point, it is at 95.89.
Ratios To Look Out For
For context, Light & Wonder Inc’s Current Ratio is 1.85. On the other hand, the Quick Ratio is 1.58, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 10.66 and price to earnings (TTM) ratio is 28.31.
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.
