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Light & Wonder Inc (LNW)LNW
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Upturn Advisory Summary
11/20/2024: LNW (1-star) is a SELL. SELL since 1 days. Profits (-9.78%). Updated daily EoD!
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: SELL |
Historic Profit: -13.42% | Upturn Advisory Performance 3 | Avg. Invested days: 35 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: SELL |
Historic Profit: -13.42% | Avg. Invested days: 35 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 3 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.07B USD |
Price to earnings Ratio 28.46 | 1Y Target Price 110.11 |
Dividends yield (FY) - | Basic EPS (TTM) 3.21 |
Volume (30-day avg) 620086 | Beta 1.75 |
52 Weeks Range 76.52 - 115.00 | Updated Date 11/20/2024 |
Company Size Mid-Cap Stock | Market Capitalization 8.07B USD | Price to earnings Ratio 28.46 | 1Y Target Price 110.11 |
Dividends yield (FY) - | Basic EPS (TTM) 3.21 | Volume (30-day avg) 620086 | Beta 1.75 |
52 Weeks Range 76.52 - 115.00 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-11-12 | When AfterMarket |
Estimate 1.08 | Actual 0.71 |
Report Date 2024-11-12 | When AfterMarket | Estimate 1.08 | Actual 0.71 |
Profitability
Profit Margin 9.33% | Operating Margin (TTM) 23.87% |
Management Effectiveness
Return on Assets (TTM) 8.58% | Return on Equity (TTM) 29.54% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 28.46 | Forward PE 17.01 |
Enterprise Value 11627691543 | Price to Sales(TTM) 2.55 |
Enterprise Value to Revenue 3.68 | Enterprise Value to EBITDA 11.56 |
Shares Outstanding 88307904 | Shares Floating 71207947 |
Percent Insiders 0.56 | Percent Institutions 71.47 |
Trailing PE 28.46 | Forward PE 17.01 | Enterprise Value 11627691543 | Price to Sales(TTM) 2.55 |
Enterprise Value to Revenue 3.68 | Enterprise Value to EBITDA 11.56 | Shares Outstanding 88307904 | Shares Floating 71207947 |
Percent Insiders 0.56 | Percent Institutions 71.47 |
Analyst Ratings
Rating 4.11 | Target Price 84.58 | Buy 4 |
Strong Buy 9 | Hold 4 | Sell - |
Strong Sell 1 |
Rating 4.11 | Target Price 84.58 | Buy 4 | Strong Buy 9 |
Hold 4 | Sell - | Strong Sell 1 |
AI Summarization
Light & Wonder Inc. (LNW) Stock Overview
Company Profile:
History and Background: Light & Wonder Inc. (formerly known as Scientific Games Corporation) is a global leader in game development and technology for the casino and lottery industries. The company was founded in 1973 and has been listed on the New York Stock Exchange (NYSE) since 1983.
Core Business Areas: Light & Wonder operates in three key segments:
- Gaming: Develops and sells gaming machines, systems, and software to casinos worldwide.
- Lottery: Provides technology and services for government-run lotteries in over 50 countries.
- Interactive: Offers online gaming and sports betting solutions.
Leadership and Structure: The company is led by CEO William (Bill) Rini and a team of experienced executives. Light & Wonder is headquartered in Las Vegas, Nevada, with operations across the globe.
Top Products and Market Share:
Products:
- Casino Games: Slot machines, video poker, electronic table games, and interactive gaming cabinets.
- Lottery Products: Terminals, draw machines, instant tickets, and online lottery solutions.
- Sports Betting: Retail and online sports betting platforms.
Market Share: Light & Wonder is a leading provider of gaming machines and lottery systems globally. The company holds a significant market share in the US, Europe, and other key regions.
Competitors: Light & Wonder competes with companies like IGT (IGT), Aristocrat Leisure (ALL), and Konami (KNM).
Total Addressable Market (TAM): The global gaming market is estimated to be worth over $260 billion in 2023, with continued growth projected in the coming years.
Financial Performance:
Financials: LNW's revenue for the fiscal year 2022 was $1.45 billion, with a net income of $145 million. The company has a strong financial position with positive cash flow and a healthy balance sheet.
Dividends and Shareholder Returns: LNW has a history of paying dividends, with a current dividend yield of around 1%. The total shareholder return over the past year has been approximately 25%.
Growth Trajectory: LNW has experienced steady growth in recent years, driven by its strong product portfolio and expansion into new markets. The company's future growth prospects are promising, supported by the increasing popularity of online gaming and sports betting.
Market Dynamics: The gaming industry is undergoing significant transformation with the rise of digital technologies and online platforms. Light & Wonder is well-positioned to capitalize on these trends with its innovative products and services.
Potential Challenges and Opportunities:
Challenges: Competition in the gaming industry is intense, and LNW needs to remain agile to maintain its market share. Additionally, the company needs to navigate the complex regulatory landscape associated with online gaming and sports betting.
Opportunities: New markets for online gaming and sports betting are emerging, offering significant growth potential for LNW. Additionally, the company's focus on technology innovation and strategic partnerships can further drive its expansion.
Recent Acquisitions (Last 3 Years):
- Spiffbet (2021): Acquired for $250 million, Spiffbet provides online sports betting solutions, expanding LNW's presence in the rapidly growing online market.
- OpenBet (2021): Acquired for $1.2 billion, OpenBet is a leading provider of online sports betting technology, enhancing LNW's platform capabilities.
AI-Based Fundamental Rating:
Rating: 7/10
Justification: LNW has a strong financial position, a solid track record of growth, and a promising future outlook. However, the company faces intense competition in the gaming industry and needs to navigate the evolving regulatory landscape.
Sources:
- Light & Wonder Inc. website
- Yahoo Finance
- Bloomberg
- Investor Relations materials
Disclaimer: This information is provided for general knowledge and should not be considered financial advice. Consult a qualified financial professional before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Light & Wonder Inc
Exchange | NASDAQ | Headquaters | Las Vegas, NV, United States |
IPO Launch date | 1992-04-23 | CEO, President & Director | Mr. Matthew R. Wilson |
Sector | Consumer Cyclical | Website | https://www.lnw.com |
Industry | Gambling | Full time employees | 6500 |
Headquaters | Las Vegas, NV, United States | ||
CEO, President & Director | Mr. Matthew R. Wilson | ||
Website | https://www.lnw.com | ||
Website | https://www.lnw.com | ||
Full time employees | 6500 |
Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment. It also leases or provides gaming content, gaming machines, and server-based system; sells and supports casino-management system based software and hardware; and licenses proprietary table games content to commercial, tribal and governmental gaming operators. The SciPlay segment develops, markets, and operates social games on various mobile and web platforms, as well as other games in the hyper-casual space. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. The iGaming segment provides a suite of digital gaming content, distribution platforms, player account management systems, and other iGaming content and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. Light & Wonder, Inc. was incorporated in 1984 and is headquartered in Las Vegas, Nevada.
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