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

93.55USD-0.52 (-0.55%)Market Closed

Market Summary

USD93.55-0.52

Market Closed

-0.55%

LNW Stock Price

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LNW RSI Chart

LNW Valuation

Market Cap

8.5B

Price/Earnings (Trailing)

50.15

Price/Sales (Trailing)

2.91

EV/EBITDA

13.21

Price/Free Cashflow

14.32

LNW Price/Sales (Trailing)

LNW Profitability

EBT Margin

7.08%

Return on Equity

22.03%

Return on Assets

3.03%

Free Cashflow Yield

6.98%

LNW Fundamentals

LNW Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

12.98%

Rev. Growth (Qtr)

5.4%

LNW Earnings

Earnings (TTM)

168.5M

Earnings Growth (Yr)

127.78%

Earnings Growth (Qtr)

-18%

Breaking Down LNW Revenue

Last 7 days

4.9%

Last 30 days

-10.3%

Last 90 days

12.9%

Trailing 12 Months

57.0%

How does LNW drawdown profile look like?

LNW Financial Health

Current Ratio

1.88

Debt/Equity

5.04

Debt/Cashflow

0.15

LNW Investor Care

Buy Backs (1Y)

1.29%

Diluted EPS (TTM)

1.75

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

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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	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	acquired	-	-	31,555	exec vp, clo & corp sec
Mar 20, 2024	sottile james	sold (taxes)	-1,526,530	100	-15,165	exec vp, clo & corp sec
Mar 20, 2024	chow oliver	sold (taxes)	-27,944	99.8	-280	evp, cfo & treas
Mar 20, 2024	kalabic vanja	sold (taxes)	-125,449	99.8	-1,257	svp & chief accounting officer

Which funds bought or sold LNW recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	Ashton Thomas Private Wealth, LLC	added	1.56	183,808	883,385	0.05%
Apr 22, 2024	Arista Wealth Management, LLC	unchanged	-	95,344	487,173	0.37%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	sold off	-100	-360,956	-	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	80.97	774,539	1,394,140	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-1.7	926,473	7,966,890	0.06%
Apr 19, 2024	VALLEY NATIONAL ADVISERS INC	new	-	1,000	1,000	-%
Apr 19, 2024	State of Alaska, Department of Revenue	added	0.46	199,000	997,000	0.01%
Apr 19, 2024	First Trust Direct Indexing L.P.	reduced	-0.22	81,799	421,734	0.03%
Apr 19, 2024	SIMON QUICK ADVISORS, LLC	reduced	-10.59	52,284	520,557	0.04%
Apr 18, 2024	STATE OF MICHIGAN RETIREMENT SYSTEM	added	2.31	482,593	2,256,090	0.01%

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

Unveiling Light & Wonder, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
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
Feb 09, 2023	vanguard group inc	9.87%	9,243,181	SC 13G/A

Recent SEC filings of Light & Wonder, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 10, 2024	8-K	Current Report
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 08, 2024	8-K	Current Report
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent
Mar 07, 2024	144	Notice of Insider Sale Intent

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	5.4%	771	731	731	670	682	648	610	572	580	539	581	453	480	432	308	479	863	855	845	837	886
S&GA Expenses	2.5%	209	204	203	192	182	181	179	175	177	164	180	159	150	146	151	198	84.00	175	174	186	182
R&D Expenses	10.0%	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	50.00
EBITDA Margin	-5.1%	0.31*	0.33*	0.32*	0.27*	0.23*	0.30*	0.25*	0.27*	0.27*	0.23*	0.19*	0.16*	-	-	-	-	-	-	-	-	-
Interest Expenses	792.3%	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	597
Income Taxes	-117.9%	-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	7.00
Earnings Before Taxes	-30.3%	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	215
EBT Margin	20.0%	0.07*	0.06*	0.04*	-0.03*	-0.06*	-0.12*	-0.16*	-0.12*	-0.14*	-0.20*	-0.27*	-0.41*	-	-	-	-	-	-	-	-	-
Net Income	-18.0%	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	207
Net Income Margin	21.9%	0.06*	0.05*	0.14*	1.41*	1.46*	1.55*	1.56*	0.18*	0.18*	0.10*	-0.05*	-0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	-18.1%	167	204	-12.50	139	-133	-397	-83.50	48.00	180	141	103	77.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.7%	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	7,718
Current Assets	-23.8%	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	1,369
Cash Equivalents	-52.3%	425	891	909	931	914	1,326	979	553	635	830	919	948	983	1,040	864	400	325	421	425	1,266	220
Inventory	-3.3%	177	183	183	172	161	137	129	113	98.00	105	184	191	119	223	233	248	244	257	238	229	216
Net PPE	3.1%	236	229	214	214	204	202	205	197	213	218	391	406	242	434	447	474	500	516	532	517	547
Goodwill	1.4%	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	3,280
Liabilities	1.0%	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	10,181
Current Liabilities	12.4%	696	619	577	642	622	802	1,254	927	974	844	780	868	832	847	1,085	735	766	1,045	733	1,786	747
Long Term Debt	-0.1%	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	8,992
Shareholder's Equity	-20.2%	765	959	1,230	1,184	990	1,232	966	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	10.9%	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	-2,824
Additional Paid-In Capital	-20.3%	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	835
Shares Outstanding	0%	90.00	90.00	91.00	91.00	91.00	94.00	96.00	97.00	97.00	96.00	96.00	95.00	-	-	-	-	-	-	-	-	-
Minority Interest	-100.0%	-	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 Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-18.1%	167,000	204,000	34,000	185,000	-87,000	-351,000	-37,000	94,000	226,000	187,000	149,000	123,000	159,000	140,000	52,000	120,000	143,000	141,000	95,000	167,000	-10,000
Cashflow From Investing	15.3%	-61,000	-72,000	-61,000	-57,000	-28,000	685,000	5,635,000	-176,000	-236,000	-108,000	-37,000	-61,000	-39,000	-50,000	-53,000	-31,000	-73,000	-75,000	-51,000	-64,000	-179,000
Cashflow From Financing	-267.8%	-537,000	-146,000	-40,000	-65,000	-250,000	-24,000	-5,241,000	52,000	-187,000	-168,000	-185,000	-139,000	-124,000	185,000	461,000	-59,000	-118,000	-68,000	-885,000	942,000	247,000
Buy Backs	-77.7%	25,000	112,000	5,000	28,000	202,000	-	152,000	51,000	-	-	-	-	-	-	-	-	-	-	-	-	-

LNW Income Statement

2023-12-31

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

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Revenue:

Total revenue

$ 2,902

$ 2,512

$ 2,153

Operating expenses:

Selling, general and administrative

808

717

679

Research and development

228

218

190

Depreciation, amortization and impairments

384

420

398

Restructuring and other

146

167

Operating income

518

273

110

Other (expense) income:

Interest expense

(309)

(327)

(478)

Loss on debt financing transactions

(15)

(147)

Gain on remeasurement of debt and other

Other income, net

Total other expense, net

(313)

(436)

(404)

Net income from continuing operations before income taxes

205

(163)

(294)

Income tax (expense) benefit

(25)

(13)

318

Net income (loss) from continuing operations

180

(176)

Net income from discontinued operations, net of tax

^[1]

3,873

366

Net income

180

3,697

390

Less: Net income attributable to noncontrolling interest

Net income attributable to L&W

$ 163

$ 3,675

$ 371

Per Share - Basic:

Net income (loss) from continuing operations, basic (in usd per share)

$ 1.79

$ (2.09)

$ 0.06

Net income from discontinued operations, basic (in usd per share)

40.87

3.80

Net income attributable to L&W, basic (in usd per share)

1.79

38.78

3.86

Per Share - Diluted:

Net income (loss) from continuing operations, diluted (in shares)

1.75

(2.09)

0.05

Net income from discontinued operations, diluted (in shares)

40.87

3.72

Net income attributable to L&W, diluted (in shares)

$ 1.75

$ 38.78

$ 3.77

Weighted average number of shares used in per share calculations:

Basic shares (in shares)

Diluted shares (in shares)

Retained Earnings (Accumulated Loss)

Other (expense) income:

Net income

$ 163

$ 3,675

$ 371

Services

Revenue:

Total revenue

1,991

1,795

1,642

Operating expenses:

Cost of revenues

^[2]

445

390

365

Products

Revenue:

Total revenue

911

717

511

Operating expenses:

Cost of revenues

^[2]

$ 427

$ 348

$ 244

[1]	(2) The year ended December 31, 2022 includes a pre-tax gain of $4,927 million on the sale of discontinued operations (see Note 2).
[2]	(1) Excludes D&A.

LNW Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 425	$ 914
Restricted cash	90	47
Receivables, net of allowance for credit losses of $38	506	455
Inventories	177	161
Prepaid expenses, deposits and other current assets	113	117
Total current assets	1,311	1,694
Non-current assets:
Restricted cash	6	6
Receivables, net of allowance for credit losses of $3 and $2, respectively	37	14
Property and equipment, net	236	204
Operating lease right-of-use assets	52	49
Goodwill	2,945	2,919
Intangible assets, net	605	797
Software, net	158	145
Deferred income taxes	142	114
Other assets	60	67
Total assets	5,552	6,009
Current liabilities:
Current portion of long-term debt	22	24
Accounts payable	241	154
Accrued liabilities	404	380
Income taxes payable	29	64
Total current liabilities	696	622
Deferred income taxes	20	87
Operating lease liabilities	39	37
Other long-term liabilities	180	232
Long-term debt, excluding current portion	3,852	3,870
Total liabilities	4,787	4,848
Commitments and contingencies (Note 20)
Stockholders’ equity:
Common stock, par value $0.001 per share, 199 shares authorized; 116 and 115 shares issued, respectively, and 90 and 91 shares outstanding, respectively	1	1
Additional paid-in capital	1,118	1,370
Retained earnings	680	517
Treasury stock, at cost, 26 and 24 shares, respectively	(751)	(580)
Accumulated other comprehensive loss	(283)	(318)
Total L&W stockholders’ equity	765	990
Noncontrolling interest	0	171
Total stockholders’ equity	765	1,161
Total liabilities and stockholders’ equity	$ 5,552	$ 6,009

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 Tue Apr 23 2024, market cap of Light & Wonder, Inc. is 8.45 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 Tue Apr 23 2024, LNW's PE ratio (Price to Earnings) is 50.15 and Price to Sales (PS) ratio is 2.91. 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 0.232 (multiply by 100 for percentage) rate of return.