A new trading day began on Tuesday, with Light & Wonder Inc (NASDAQ: LNW) stock price down -1.54% from the previous day of trading, before settling in for the closing price of $92.80. LNW’s price has ranged from $76.52 to $115.00 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Cyclical Sector giant saw their annual sales surged by 2.00% over the last five years. Meanwhile, its annual earnings per share averaged 97.07%. With a float of $87.76 million, this company’s outstanding shares have now reached $90.00 million.
The firm has a total of 6500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 64.99%, operating margin of 22.8%, and the pretax margin is 11.23%.
Light & Wonder Inc (LNW) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gambling Industry. The insider ownership of Light & Wonder Inc is 0.62%, while institutional ownership is 71.25%. The most recent insider transaction that took place on Aug 16 ’24, was worth 2,068,964. Before that another transaction happened on May 17 ’24, when Company’s Director bought 70 for $95.04, making the entire transaction worth $6,653. This insider now owns 313 shares in total.
Light & Wonder Inc (LNW) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.73 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.07% per share during the next fiscal year.
Light & Wonder Inc (NASDAQ: LNW) Trading Performance Indicators
Here are Light & Wonder Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.55. Likewise, its price to free cash flow for the trailing twelve months is 25.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.21, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 5.31 in one year’s time.
Technical Analysis of Light & Wonder Inc (LNW)
Analysing the last 5-days average volume posted by the [Light & Wonder Inc, LNW], we can find that recorded value of 1.04 million was better than the volume posted last year of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 15.18%. Additionally, its Average True Range was 2.95.
During the past 100 days, Light & Wonder Inc’s (LNW) raw stochastic average was set at 17.46%, which indicates a significant increase from 10.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.02% in the past 14 days, which was higher than the 45.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $97.49, while its 200-day Moving Average is $98.55. Now, the first resistance to watch is $92.80. This is followed by the second major resistance level at $94.22. The third major resistance level sits at $95.70. If the price goes on to break the first support level at $89.90, it is likely to go to the next support level at $88.42. Now, if the price goes above the second support level, the third support stands at $87.00.
Light & Wonder Inc (NASDAQ: LNW) Key Stats
With a market capitalization of 8.07 billion, the company has a total of 88,308K Shares Outstanding. Currently, annual sales are 2,902 M while annual income is 163,000 K. The company’s previous quarter sales were 817,000 K while its latest quarter income was 64,000 K.
