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How to Buy Light & Wonder Stock

Light & Wonder Inc

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 $95.11, down 1.87% from the previous day, and has increased 52.91% in one year. It has overperformed other stocks in the Gambling industry by 0.45 percentage points. Light & Wonder stock is currently +69.81% from its 52-week low of $56.01, and -12.66% from its 52-week high of $108.90.

As of May 22, 2024, there are 90.14M LNW shares outstanding. The market cap of LNW is $8.57B. In the past 24 hours, 742,708 LNW shares were traded.

How to Buy Light & Wonder Stock

Wondering how to invest in Light & Wonder stock? Here's how.
  1. Figure out where to buy Light & Wonder stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Light & Wonder stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your details.
  4. 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 research website can help you figure out if LNW is a good stock to buy).
  5. Place your LNW trade: Decide if you will purchase LNW shares at the current market price or use a limit order to buy LNW shares at a specific price.
  6. Watch your LNW investment: Create a watchlist to the latest updates on your investment in Light & Wonder shares.

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

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

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in LNW today.

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Step 3: Fund your brokerage account

Now that you've filled out your info on one of the most highly reviewed stock apps, you need to deposit funds:

Watch the video below if you need help transferring funds into your new investment account.

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Step 4: Analyze Light & Wonder stock

After you have selected the best place to buy Light & Wonder stock, it's absolutely critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.

Light & Wonder Numbers

LNW Price
$95.11
1w %
0.45%
1y %
52.91%
5y %
385.01%
P/E
38.51x
P/B
10.27x
P/S
2.86x
PEG
1.14x
Revenue
$2.99B
Earnings
$223.00M
Fore. Rev. Growth
7.26%
Fore. Earn. Growth
37.5%
Market Cap
$8.57B
Next Earnings
N/A
Next Dividend
N/A

LNW Overview

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on LNW's stock page.

How is LNW stock valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LNW's true value.

Using relative valuations methods:

  • LNW may be overvalued based on its P/E ratio of 38.51x, relative to Gambling industry P/E ratio of 0.84x
  • LNW may be overvalued based on its P/B ratio of 10.27x, relative to Gambling industry P/B ratio of 5.71x
  • LNW may be overvalued based on its PEG ratio of 1.14x

You can access additional valuation research on LNW's stock here.

A look at LNW Cashflows and Balance Sheet

Pros:

  • Total LNW debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the LNW balance sheet.

Cons:

  • LNW profit margin has gone down from 140.7% to 7.5% in the past year.
  • LNW's operating cash flow of $576.00M allows it to safely service it's debt of $3.91B.
  • LNW earnings of $577.00M is not enough to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the LNW balance sheet.
  • LNW has a relatively high debt to equity ratio of 5.69.

Is LNW stock a Buy, Hold, or Sell, according to analysts?

Out of 8 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

Barry Jonas, a top 16% analyst from Truist Securities maintains LNW with a strong buy rating and raises their LNW price target from $90.00 to $115.00, on Feb 28, 2024.

Don Carducci, a bottom 38% analyst from JP Morgan maintains LNW with a strong buy rating and raises their LNW price target from $98.00 to $107.00, on Feb 28, 2024.

Mike Hickey, a top 24% analyst from Benchmark initiates coverage on LNW with a strong buy rating and announces their LNW price target of $92.00, on Jan 16, 2024.

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

Metrics for Advanced LNW Traders

SMA10
93.6
SMA20
93.25
SMA50
96.19
SMA100
91.67
SMA200
84.96
MACD
0.09
MACD Signal
-0.36
MACD Histogram
0.45
RSI
52.61
Stochastic %K
57.46
Stochastic %D
52.56
StochRSI %K
63.24
StochRSI %D
59.85

Is LNW Growing Revenue?

Last year, LNW earnings were $223.00M. In the last two year, LNW's earnings have gone up by -23.85% per year. This was slower than the Gambling industry average of 0.1%.

Last year, LNW revenue was $2.99B. During the last 5 year, LNW's revenue has grown by -2.47% per year. This was slower than the Gambling industry average of 25.07%.

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.

Antonia Korsanos, Director of LNW, was the latest LNW insider to buy. They bought $6,652.80 worth of LNW shares on May 17, 2024.

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.

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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.

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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.

LNW Feed

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.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

NASDAQ: LNW
$95.11-1.81 (-1.87%)
Updated May 22, 2024
Open eToro Account
NASDAQ: LNW
$95.11-1.81 (-1.87%)
Updated May 22, 2024
Open eToro Account

FAQ

How much does it cost to buy one Light & Wonder share?

As of May 22, 2024, it costs $95.11 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 0.105 shares of LNW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Light & Wonder stock?

According to 8 Wall Street analysts who monitor Light & Wonder, their consensus recommendation is to buy Light & Wonder stock.

What is the best way to buy Light & Wonder stock?

One way to place an order for Light & Wonder stock is with a brokerage account.
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.