How to Buy Light & Wonder Stock

Step 1: Figure out where to buy Light & Wonder stock

You need a brokerage account to access the NASDAQ market and buy LNW stock.

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.

How to Set Up a New Investment Account on eToro

1. Click here to get started.
2. Provide your personal data to start a new brokerage account.

3. Send your data by hitting the "Create Account" button.

Step 3: Fund your brokerage account

Now that you've opened your account on the highest rated stock app, you can securely and quickly fund your account:

Watch the tutorial below for more details transferring funds into your investment account.

Step 4: Analyze Light & Wonder stock

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

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.

You can dig deeper into what analysts are projecting on the Light & Wonder stock forecast page.

Metrics for Advanced LNW Traders

Is LNW Growing Revenue?

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%.

You can research LNW's earnings and revenue performance here.

What are LNW insiders up to?

In the past year, insiders at LNW have sold more shares than they have bought.

Jamie Odell, Director of LNW, was the latest LNW insider to buy. They bought $294,500.00 worth of LNW shares on May 31, 2023.

Learn more about who owns LNW shares here.

Can I rely on LNW as an income stream?

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.

Click below to find out what other traders have to say.

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:

Step 6: Watch your LNW investment

Now that you own some shares in LNW, you'll want to stay up-to-date on your new shares.

Add LNW to a watchlist to monitor your LNW stock.

How to Buy Stock in Light & Wonder

To reiterate, here are the 6 steps you need to take to buy Light & Wonder stock right now:

1. Figure out where to buy Light & Wonder stock
2. Open a brokerage account
3. Fund your brokerage account
4. Analyze Light & Wonder stock
5. Place your LNW trade
6. Watch your LNW investment

If you are looking for a brokerage, eToro is our recommended venue.

If you would like to keep tabs on your investment in Light & Wonder, create a watchlist today.

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