LNW - Light & Wonder, Inc. Stock Price, Fair Value and News

93.12-1.71 (-1.80%)Market Closed

Market Summary

93.12-1.71

Market Closed

-1.80%

LNW Alerts

Big jump in Earnings (Y/Y)

LNW Stock Price

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LNW RSI Chart

LNW Valuation

Market Cap

8.4B

Price/Earnings (Trailing)

37.58

Price/Sales (Trailing)

2.81

EV/EBITDA

10.77

Price/Free Cashflow

14.58

LNW Price/Sales (Trailing)

LNW Profitability

EBT Margin

9.35%

Return on Equity

26.77%

Return on Assets

Free Cashflow Yield

6.86%

LNW Fundamentals

LNW Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

12.84%

Rev. Growth (Qtr)

-1.88%

LNW Earnings

Earnings (TTM)

223.5M

Earnings Growth (Yr)

203.7%

Earnings Growth (Qtr)

33.33%

Breaking Down LNW Revenue

Last 7 days

1.9%

Last 30 days

5.3%

Last 90 days

3.9%

Trailing 12 Months

48.2%

How does LNW drawdown profile look like?

LNW Financial Health

Current Ratio

1.98

Debt/Equity

4.61

Debt/Cashflow

0.15

LNW Investor Care

Buy Backs (1Y)

1.08%

Diluted EPS (TTM)

2.4

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	3.0B	0	0	0
2023	2.6B	2.7B	2.8B	2.9B
2022	2.3B	2.3B	2.4B	2.5B
2021	1.7B	1.9B	2.1B	2.2B
2020	3.0B	2.5B	2.1B	1.7B
2019	3.4B	3.4B	3.4B	3.4B
2018	3.2B	3.2B	3.3B	3.4B
2017	2.9B	3.0B	3.0B	3.1B
2016	2.8B	2.8B	2.9B	2.9B
2015	2.1B	2.3B	2.6B	2.8B
2014	1.3B	1.4B	1.6B	1.8B
2013	917.0M	926.0M	935.8M	1.1B
2012	913.3M	919.0M	920.9M	928.6M
2011	862.8M	850.0M	851.7M	878.7M
2010	913.4M	921.4M	903.3M	882.5M
2009	0	1.1B	991.4M	927.7M
2008	0	0	0	1.1B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Light & Wonder, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 20, 2024	chow oliver	sold (taxes)	-27,944	99.8	-280	evp, cfo & treas
Mar 20, 2024	chow oliver	acquired	-	-	710	evp, cfo & treas
Mar 20, 2024	kalabic vanja	sold (taxes)	-125,449	99.8	-1,257	svp & chief accounting officer
Mar 20, 2024	kalabic vanja	acquired	-	-	3,360	svp & chief accounting officer
Mar 20, 2024	lane siobhan	acquired	-	-	4,371	svp & ceo - gaming
Mar 20, 2024	lane siobhan	sold (taxes)	-738,987	100	-7,357	svp & ceo - gaming
Mar 20, 2024	lane siobhan	acquired	-	-	12,938	svp & ceo - gaming
Mar 20, 2024	wilson matthew r.	sold (taxes)	-1,646,490	100	-16,383	president & ceo
Mar 20, 2024	wilson matthew r.	acquired	-	-	41,628	president & ceo
Mar 20, 2024	sottile james	sold (taxes)	-1,526,530	100	-15,165	exec vp, clo & corp sec

Which funds bought or sold LNW recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.76	1,264,240	9,199,020	0.01%
May 16, 2024	Tidal Investments LLC	reduced	-7.48	69,823	534,237	0.01%
May 16, 2024	CASTLEARK MANAGEMENT LLC	reduced	-13.43	551,003	7,761,900	0.32%
May 16, 2024	COMERICA BANK	added	85.15	2,764,350	4,887,480	0.02%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-36.18	-2,817,350	10,824,000	-%
May 15, 2024	Aquatic Capital Management LLC	sold off	-100	-4,196,000	-	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	sold off	-100	-368,510	-	-%
May 15, 2024	Man Group plc	new	-	583,955	583,955	-%
May 15, 2024	Walleye Capital LLC	new	-	31,954	31,954	-%
May 15, 2024	Kapitalo Investimentos Ltda	sold off	-100	-308,241	-	-%

Are Funds Buying or Selling LNW?

Are funds buying LNW calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LNW

No. of Funds

LNW Alerts

Big jump in Earnings (Y/Y)

Unveiling Light & Wonder, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 15, 2024	caledonia (private) investments pty ltd	9.46%	8,501,064	SC 13G/A
Feb 14, 2024	caledonia (private) investments pty ltd	9.47%	8,529,064	SC 13G/A
Feb 13, 2024	vanguard group inc	10.14%	9,128,510	SC 13G/A
Feb 13, 2024	fine capital partners, l.p.	9.4%	8,465,409	SC 13G/A
Jan 23, 2024	blackrock inc.	12.2%	10,951,401	SC 13G/A
Nov 14, 2023	caledonia (private) investments pty ltd	9.36%	8,529,064	SC 13G/A
Aug 14, 2023	caledonia (private) investments pty ltd	9.36%	85,290,648	SC 13G/A
Apr 10, 2023	vanguard group inc	10.28%	9,355,556	SC 13G/A
Feb 14, 2023	fine capital partners, l.p.	9.9%	9,326,617	SC 13G/A
Feb 14, 2023	caledonia (private) investments pty ltd	8.86%	8,300,234	SC 13G/A

Recent SEC filings of Light & Wonder, Inc.

View All Filings

Date Filed	Form Type	Document
May 15, 2024	SC 13G/A	Major Ownership Report
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 09, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 24, 2024	DEFA14A	DEFA14A
Apr 10, 2024	8-K	Current Report

Light & Wonder, Inc. News

Latest updates

Light & Wonder, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.9%	756	771	731	731	670	682	648	610	572	580	539	581	453	480	432	308	479	863	855	845	837
S&GA Expenses	4.3%	218	209	204	203	192	182	181	179	175	177	164	180	159	150	146	151	198	84.00	175	174	186
R&D Expenses	2.5%	62.00	61.00	55.00	58.00	54.00	54.00	56.00	56.00	53.00	50.00	47.00	48.00	45.00	34.00	36.00	31.00	51.00	24.00	47.00	46.00	49.00
EBITDA Margin	18.4%	0.37*	0.31*	0.33*	0.32*	0.27*	0.23*	0.30*	0.25*	0.27*	0.27*	0.23*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	-88.3%	63.00	540	-78.00	-78.00	-75.00	581	-68.00	-70.00	-116	838	-120	-119	-121	882	-131	-124	-124	1,036	-146	-147	-154
Income Taxes	820.0%	18.00	-2.50	14.00	15.00	-1.00	5.00	4.00	1.00	3.00	-154	-172	6.00	3.00	-11.50	3.00	2.00	4.00	-55.00	-3.00	7.00	4.00
Earnings Before Taxes	52.7%	100	66.00	94.00	20.00	26.00	26.00	24.00	-149	-64.00	-92.00	-72.00	-45.00	-85.00	-214	-184	-196	-151	-304	15.00	-68.00	-20.00
EBT Margin	32.1%	0.09*	0.07*	0.06*	0.04*	-0.03*	-0.06*	-0.12*	-0.16*	-0.12*	-0.14*	-0.20*	-0.27*	-	-	-	-	-	-	-	-	-
Net Income	33.3%	82.00	62.00	75.00	5.00	27.00	27.00	328	3,295	28.00	95.00	182	113	-9.00	-90.00	-117	-203	-159	-43.00	14.00	-75.00	-24.00
Net Income Margin	28.8%	0.07*	0.06*	0.05*	0.14*	1.41*	1.46*	1.55*	1.56*	0.18*	0.18*	0.10*	-0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	2.4%	171	167	158	-12.50	139	-133	-397	-83.50	48.00	180	141	103	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.6%	5,588	5,552	5,887	5,962	6,022	6,009	6,246	6,481	7,952	7,883	7,850	7,762	7,856	7,984	8,102	7,844	7,458	7,809	7,907	7,932	8,837
Current Assets	2.2%	1,340	1,311	1,720	1,735	1,762	1,694	2,048	1,748	1,756	1,732	1,921	2,017	2,108	2,181	2,271	1,932	1,496	1,615	1,651	1,585	2,446
Cash Equivalents	5.9%	450	425	891	909	931	914	1,326	979	553	635	830	919	948	983	1,040	864	400	325	421	425	1,266
Inventory	-1.1%	175	177	183	183	172	161	137	129	113	98.00	105	184	191	119	223	233	248	244	257	238	229
Net PPE	4.2%	246	236	229	214	214	204	202	205	197	213	218	391	406	242	434	447	474	500	516	532	517
Goodwill	-0.7%	2,925	2,945	2,903	2,930	2,922	2,919	2,865	2,932	2,978	2,892	2,755	3,356	3,287	2,730	3,234	3,211	3,162	2,734	3,251	3,279	3,301
Liabilities	-0.7%	4,753	4,787	4,741	4,732	4,838	4,848	5,014	5,515	10,089	9,989	10,041	10,132	10,377	10,508	10,643	10,323	9,816	9,917	10,032	10,050	11,260
Current Liabilities	-2.7%	677	696	619	577	642	622	802	1,254	927	974	844	780	868	832	847	1,085	735	766	1,045	733	1,786
Long Term Debt	0%	3,852	3,852	3,855	3,863	3,867	3,870	3,874	3,878	8,789	8,646	8,802	8,975	9,122	9,259	9,334	8,769	8,620	8,680	8,482	8,802	8,937
Shareholder's Equity	9.2%	835	765	959	1,230	1,184	990	1,232	966	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	12.1%	762	680	613	538	539	517	487	159	-3,132	-3,158	-3,253	-	-3,544	-3,529	-3,439	-	-3,119	-2,954	-2,911	-2,925	-2,848
Additional Paid-In Capital	3.2%	1,154	1,118	1,402	1,387	1,388	1,370	1,376	1,375	1,366	1,337	1,318	-	1,272	1,268	1,246	-	1,216	1,208	1,197	1,187	848
Accumulated Depreciation	2.4%	690	674	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0%	90.00	90.00	90.00	91.00	91.00	91.00	94.00	96.00	97.00	97.00	96.00	96.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	187	182	176	171	161	155	152	150	144	139	135	129	121	114	108	104	98.00	94.00	-
Float	-	-	-	-	4,860	-	-	-	3,951	-	-	-	7,353	-	-	-	877	-	-	-	1,127	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	2.4%	171	167	204	34.00	185	-87.00	-351	-37.00	94.00	226	187	149	123	159	140	52.00	120	143	141	95.00	167
Share Based Compensation	-	22.00	-	-	-	26.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	-16.4%	-71.00	-61.00	-72.00	-61.00	-57.00	-28.00	685	5,635	-176	-236	-108	-37.00	-61.00	-39.00	-50.00	-53.00	-31.00	-73.00	-75.00	-51.00	-64.00
Cashflow From Financing	87.9%	-65.00	-537	-146	-40.00	-65.00	-250	-24.00	-5,241	52.00	-187	-168	-185	-139	-124	185	461	-59.00	-118	-68.00	-885	942
Buy Backs	0%	25.00	25.00	112	5.00	28.00	202	-	152	51.00	-	-	-	-	-	-	-	-	-	-	-	-

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LNW Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenue:

Revenue from Contract with Customer, Excluding Assessed Tax

$ 756

$ 670

Operating expenses:

Selling, general and administrative

218

192

Research and development

Depreciation, amortization and impairments

101

Restructuring and other

Operating income

165

102

Other (expense) income:

Interest expense

(75)

Other income (expense), net

(1)

Total other expense, net

(65)

(76)

Net income before income taxes

100

Income tax (expense) benefit

(18)

Net income

Less: Net income attributable to noncontrolling interest

Net income attributable to L&W

$ 82

$ 22

Per Share - Basic:

Net income attributable to L&W

$ 0.91

$ 0.24

Per Share - Diluted:

Net income attributable to L&W

$ 0.88

$ 0.23

Weighted average number of shares used in per share calculations:

Basic shares

Diluted shares

Services

Revenue:

Revenue from Contract with Customer, Excluding Assessed Tax

$ 517

$ 477

Operating expenses:

Cost of revenues

^[1]

112

108

Products

Revenue:

Revenue from Contract with Customer, Excluding Assessed Tax

239

193

Operating expenses:

Cost of revenues

^[1]

$ 107

$ 94

[1]	(1) Excludes D&A.

LNW Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 450	$ 425
Restricted cash	97	90
Receivables, net of allowance for credit losses of $33 and $38, respectively	504	506
Inventories	175	177
Prepaid expenses, deposits and other current assets	114	113
Total current assets	1,340	1,311
Non-current assets:
Restricted cash	6	6
Receivables, net of allowance for credit losses of $7 and $3, respectively	57	37
Property and equipment, net	246	236
Operating lease right-of-use assets	48	52
Goodwill	2,925	2,945
Intangible assets, net	568	605
Software, net	160	158
Deferred income taxes	166	142
Other assets	72	60
Total assets	5,588	5,552
Current liabilities:
Current portion of long-term debt	22	22
Accounts payable	211	241
Accrued liabilities	381	404
Income taxes payable	63	29
Total current liabilities	677	696
Deferred income taxes	20	20
Operating lease liabilities	34	39
Other long-term liabilities	170	180
Long-term debt, excluding current portion	3,852	3,852
Total liabilities	4,753	4,787
Commitments and contingencies (Note 15)
Stockholders’ equity:
Common stock, par value $0.001 per share, 199 shares authorized; 117 and 116 shares issued, respectively, and 90 shares outstanding	1	1
Additional paid-in capital	1,154	1,118
Retained earnings	762	680
Treasury stock, at cost, 27 and 26 shares, respectively	(776)	(751)
Accumulated other comprehensive loss	(306)	(283)
Total stockholders’ equity	835	765
Total liabilities and stockholders’ equity	$ 5,588	$ 5,552

About Light & Wonder, Inc.

Light & Wonder, Inc. operates as a cross-platform games company in the United States and internationally. It operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to gaming operators. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, and other 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. The company was incorporated in 1984 and is headquartered in Las Vegas, Nevada.

CEO	Mr. Matthew R. Wilson
WEBSITE	lnw.com
INDUSTRY	Leisure
EMPLOYEES	6100

Light & Wonder, Inc. Frequently Asked Questions

What is the ticker symbol for Light & Wonder, Inc.? What does LNW stand for in stocks?

LNW is the stock ticker symbol of Light & Wonder, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Light & Wonder, Inc. (LNW)?

As of Fri May 17 2024, market cap of Light & Wonder, Inc. is 8.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LNW stock?

You can check LNW's fair value in chart for subscribers.

What is the fair value of LNW stock?

You can check LNW's fair value in chart for subscribers. The fair value of Light & Wonder, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Light & Wonder, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LNW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Light & Wonder, Inc. a good stock to buy?

The fair value guage provides a quick view whether LNW is over valued or under valued. Whether Light & Wonder, Inc. is cheap or expensive depends on the assumptions which impact Light & Wonder, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LNW.

What is Light & Wonder, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, LNW's PE ratio (Price to Earnings) is 37.58 and Price to Sales (PS) ratio is 2.81. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LNW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Light & Wonder, Inc.'s stock?

In the past 10 years, Light & Wonder, Inc. has provided 0.26 (multiply by 100 for percentage) rate of return.