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Light & Wonder Inc (NASDAQ: LNW) closed the day trading at $95.23 up 1.08% from the previous closing price of $94.21. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.66 million shares were traded. LNW stock price reached its highest trading level at $95.5675 during the session, while it also had its lowest trading level at $94.18.
Ratios:
For a better understanding of LNW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 4.99 whereas as Long-Term Debt/Eq ratio is at 4.94.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 8449205760 and an Enterprise Value of 12050864128. As of this moment, Light’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.63, and their Forward P/E ratio for the next fiscal year is 17.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 10.78. Its current Enterprise Value per Revenue stands at 3.916 whereas that against EBITDA is 11.666.
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 $72.06. The 50-Day Moving Average of the stock is -7.02%, while the 200-Day Moving Average is calculated to be -1.59%.
Shares Statistics:
Over the past 3-months, LNW traded about 733.36K shares per day on average, while over the past 10 days, LNW traded about 902810 shares per day. 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 75.36% stake in the company. Shares short for LNW as of 1727654400 were 2428359 with a Short Ratio of 3.31, compared to 1724976000 on 3839142. Therefore, it implies a Short% of Shares Outstanding of 2428359 and a Short% of Float of 3.56.
