Light & Wonder (NASDAQ:LNW - Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.08 per share and revenue of $799.17 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Light & Wonder Trading Down 2.9 %
Light & Wonder stock traded down $3.06 during midday trading on Friday, hitting $101.83. 788,115 shares of the stock were exchanged, compared to its average volume of 704,774. The company has a fifty day simple moving average of $89.67 and a two-hundred day simple moving average of $96.07. Light & Wonder has a 52 week low of $84.00 and a 52 week high of $115.00. The stock has a market capitalization of $8.99 billion, a PE ratio of 31.62, a P/E/G ratio of 0.36 and a beta of 1.72. The company has a quick ratio of 1.61, a current ratio of 1.88 and a debt-to-equity ratio of 4.49.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on LNW shares. Macquarie lifted their price objective on shares of Light & Wonder from $117.00 to $122.00 and gave the stock an "outperform" rating in a research note on Wednesday. Citigroup upgraded shares of Light & Wonder from a "neutral" rating to a "buy" rating in a report on Wednesday. Jefferies Financial Group raised their target price on shares of Light & Wonder from $120.00 to $121.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Benchmark restated a "buy" rating and set a $114.00 target price on shares of Light & Wonder in a report on Wednesday. Finally, Stifel Nicolaus raised their target price on shares of Light & Wonder from $90.00 to $104.00 and gave the stock a "hold" rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $109.25.
Check Out Our Latest Research Report on LNW
Light & Wonder Company Profile
(
Get Free Report)
Light & Wonder, Inc is a cross-platform global games company, which engages in the development of content and digital markets. It operates through the following segments: Gaming, SciPlay, and iGaming. The Gaming segment includes the design, manufacture, marketing, and distribution of portfolio of gaming products and services.
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