Light & Wonder LNW underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Light & Wonder, revealing an average target of $90.75, a high estimate of $100.00, and a low estimate of $83.00. This current average has increased by 8.04% from the previous average price target of $84.00.
Diving into Analyst Ratings: An In-Depth Exploration
An in-depth analysis of recent analyst actions unveils how financial experts perceive Light & Wonder. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Hickey | Benchmark | Announces | Buy | $92.00 | - |
| Joseph Stauff | Susquehanna | Raises | Positive | $100.00 | $86.00 |
| Jeffrey Stantial | Stifel | Raises | Hold | $83.00 | $80.00 |
| Barry Jonas | Truist Securities | Raises | Buy | $88.00 | $86.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Light & Wonder. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Light & Wonder compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Light & Wonder's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Light & Wonder's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Light & Wonder analyst ratings.
Discovering Light & Wonder: A Closer Look
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the top three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about a quarter of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.
Financial Insights: Light & Wonder
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Light & Wonder's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 12.81%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Light & Wonder's net margin excels beyond industry benchmarks, reaching 10.26%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Light & Wonder's ROE stands out, surpassing industry averages. With an impressive ROE of 7.47%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Light & Wonder's ROA stands out, surpassing industry averages. With an impressive ROA of 1.27%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Light & Wonder's debt-to-equity ratio is below the industry average. With a ratio of 4.07, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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