The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Light & Wonder Inc (NASDAQ: LNW) closed at $92.28 down -9.97% from its previous closing price of $102.50. In other words, the price has decreased by -$9.97 from its previous closing price. On the day, 1.6 million shares were traded. LNW stock price reached its highest trading level at $97.47 during the session, while it also had its lowest trading level at $90.46.
Ratios:
For a deeper understanding of Light & Wonder Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 4.57 whereas as Long-Term Debt/Eq ratio is at 4.53.
On August 26, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $144.Maxim Group initiated its Buy rating on August 26, 2024, with a $144 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 16 ’24 when Regan Michael J bought 20,000 shares for $103.45 per share.
Korsanos Antonia bought 70 shares of LNW for $6,653 on May 17 ’24. The Director now owns 313 shares after completing the transaction at $95.04 per share. On May 13 ’24, another insider, Korsanos Antonia, who serves as the Director of the company, bought 72 shares for $91.51 each. As a result, the insider paid 6,589 and bolstered with 243 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LNW now has a Market Capitalization of 8187469312 and an Enterprise Value of 11771920384. As of this moment, Light’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.74, and their Forward P/E ratio for the next fiscal year is 17.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 9.57. Its current Enterprise Value per Revenue stands at 3.723 whereas that against EBITDA is 10.992.
Stock Price History:
Over the past 52 weeks, LNW has reached a high of $115.00, while it has fallen to a 52-week low of $76.52. The 50-Day Moving Average of the stock is -6.40%, while the 200-Day Moving Average is calculated to be -6.14%.
Shares Statistics:
For the past three months, LNW has traded an average of 676.83K shares per day and 561030 over the past ten days. A total of 90.00M shares are outstanding, with a floating share count of 88.18M. Insiders hold about 0.62% of the company’s shares, while institutions hold 73.78% stake in the company. Shares short for LNW as of 1730332800 were 1562238 with a Short Ratio of 2.31, compared to 1727654400 on 2428359. Therefore, it implies a Short% of Shares Outstanding of 1562238 and a Short% of Float of 2.29.
