Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally.
Light & Wonder stock last closed at $62.68, up 4.02% from the previous day, and has increased 14.57% in one year. It has overperformed other stocks in the Gambling industry by 0.12 percentage points. Light & Wonder stock is currently +56.31% from its 52-week low of $40.10, and -8.56% from its 52-week high of $68.55.
As of Jun 2, 2023, there are 91.12M shares of LNW outstanding. The market value of LNW is $5.71B. In the last 24 hours, 1.09M LNW shares were traded.
How to Buy Light & Wonder Stock
Wondering how to invest in Light & Wonder stock? Here's how.
Figure out where to buy Light & Wonder stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Light & Wonder stock.
Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Pick your payment method and add your details.
Analyze Light & Wonder stock: The Light & Wonder ticker symbol is LNW. Is Light & Wonder stock a good investment? Should you buy shares of LNW? How do LNW's underlying business fundamentals look? Do top analysts think Light & Wonder is a good buy? Why has LNW's stock price moved recently? (Hint: Our stock analysis website can help you understand if LNW is a good stock to buy).
Place your LNW trade: Decide if you will purchase LNW shares at the current market price or use a limit order to buy LNW stock at a given price.
Watch your LNW investment: Create a watchlist to get live updates on your investment in Light & Wonder shares.
Step 1: Figure out where to buy Light & Wonder stock
You need a brokerage account to access the NASDAQ market and buy LNW stock.
A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to buy LNW today.
After you have decided on the best place to buy Light & Wonder stock, it's very important to research their stock before you buy, so you truly comprehend the risk and upside.
Overview of key LNW info
LNW Price
$62.68
1w %
5.24%
1y %
14.57%
5y %
3.52%
P/E
1.61x
P/B
5.67x
P/S
2.19x
PEG
N/A
Revenue
$2.61B
Earnings
$3.67B
Fore. Rev. Growth
-0.44%
Fore. Earn. Growth
-94.31%
Market Cap
$5.71B
Next Earnings
N/A
Next Dividend
N/A
Light & Wonder Overview
WallStreetZen was built to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on LNW's stock page.
Is LNW stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge LNW's fair value.
Using relative valuations methods:
LNW may be undervalued based on its P/E ratio of 1.61x, relative to Gambling industry P/E ratio of 4.36x
LNW may be undervalued based on its P/B ratio of 5.67x, relative to Gambling industry P/B ratio of 8.77x
You can access additional valuation research on LNW's stock here.
A look at LNW Cashflows and Balance Sheet
Pros:
LNW has $1.03B in cash and short term investments. This is sufficient to cover its annual cash burn of $516.00M.
There are more short-term assets than short-term liabilities on the LNW balance sheet.
LNW profit margin has gone up from 18.1% to 140.7% in the past year.
Total LNW debt is lower than 5 years ago, relative to shareholder equity.
LNW has cash burn of 516000000. It has enough cash and short-term investments to cover this for at least one year.
Cons:
LNW has a relatively high debt to equity ratio of 4.8.
There are more long-term liabilities than short-term assets on the LNW balance sheet.
Is LNW stock a Buy, Hold, or Sell, according to analysts?
Out of 4 sell side analysts who give ratings on LNW, the consensus analyst rating on LNW is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent LNW Analyst Ratings
Joseph Stauff, a top 3% analyst from Susquehanna assumes LNW with a strong buy rating and announces their LNW price target of $70.00, on May 11, 2023.
Barry Jonas, a top 13% analyst from Truist Securities maintains LNW with a strong buy rating and raises their LNW price target from $70.00 to $72.00, on May 10, 2023.
Jeffrey Stantial, a bottom 21% analyst from Stifel Nicolaus maintains LNW with a hold rating and lowers their LNW price target from $68.00 to $62.00, on May 2, 2023.
Benjamin Chaiken, a top 13% analyst from Credit Suisse maintains LNW with a sell rating and lowers their LNW price target from $48.00 to $46.00, on Mar 2, 2023.
Last year, LNW earnings were $3.67B. In the last one years, LNW's earnings have gone up by 812.44% per year. This was faster than the Gambling industry average of 125.15%.
Last year, LNW revenue was $2.61B. During the last 5 year, LNW's revenue has grown by -3.82% per year. This was slower than the Gambling industry average of 83.61%.
No, Light & Wonder doesn't provide an income stream by paying out dividends.
LNW Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your LNW trade
You have two primary types of orders:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are mostly fine for most investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require more help with buying stocks on eToro, watch the how to video below:
How much does it cost to buy one Light & Wonder share?
As of Jun 2, 2023, it costs $62.68 to buy one share of Light & Wonder stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.16 shares of LNW.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.