Forecasting The Future: 6 Analyst Projections For Light & Wonder

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6 analysts have expressed a variety of opinions on Light & Wonder LNW over the past quarter, offering a diverse set of opinions from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 1 0 0
Last 30D 0 1 0 0 0
1M Ago 2 1 1 0 0
2M Ago 1 0 0 0 0
3M Ago 0 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Light & Wonder, presenting an average target of $116.67, a high estimate of $125.00, and a low estimate of $104.00. This current average has increased by 3.4% from the previous average price target of $112.83.

price target chart

Decoding Analyst Ratings: A Detailed Look

The standing of Light & Wonder among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below 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
Chad Beynon Macquarie Raises Outperform $125.00 $122.00
Chad Beynon Macquarie Raises Outperform $122.00 $117.00
Mike Hickey Benchmark Maintains Buy $114.00 $114.00
Jeffrey Stantial Stifel Raises Hold $104.00 $90.00
Mike Hickey Benchmark Maintains Buy $114.00 $114.00
David Katz Jefferies Raises Buy $121.00 $120.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Light & Wonder. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Light & Wonder compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Light & Wonder's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Light & Wonder's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Light & Wonder analyst ratings.

Unveiling the Story Behind Light & Wonder

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 three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth 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.

Light & Wonder: Delving into Financials

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Light & Wonder displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 11.76%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 7.83%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 7.79%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Light & Wonder's ROA stands out, surpassing industry averages. With an impressive ROA of 1.15%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 4.55.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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