Light & Wonder Inc (LNW) Stock Up 0.41%: Is It a Good Investment?

Light & Wonder Inc [LNW] stock is trading at $93.43, up 0.41%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LNW shares have lost -1.25% over the last week, with a monthly amount glided 1.99%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, UBS upgraded its rating to Buy on September 25, 2024. On August 26, 2024, Maxim Group initiated with a Buy rating and assigned a price target of $144 on the stock. Susquehanna downgraded its rating to a Neutral and decreased its price target to $95 on May 10, 2024. Mizuho initiated its recommendation with a Underperform and recommended $83 as its price target on March 26, 2024. Redburn Atlantic downgraded its rating to Neutral for this stock on March 11, 2024, and upped its price target to $110. In a note dated January 30, 2024, JP Morgan initiated an Overweight rating and provided a target price of $98 on this stock.

Light & Wonder Inc [LNW] stock has fluctuated between $72.06 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 $93.43 at the most recent close of the market. An investor can expect a potential return of 13.91% 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 92.85 points at the first support level, and at 92.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 93.96, and for the 2nd resistance point, it is at 94.48.

Ratios To Look Out For

For context, Light & Wonder Inc’s Current Ratio is 1.85. As well, the Quick Ratio is 1.58, while the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 2.69, the price to book ratio is 10.58 and price to earnings (TTM) ratio is 28.09.

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.

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