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

96.57USD-1.27 (-1.30%)Market Closed

Market Summary

USD96.57-1.27

Market Closed

-1.30%

LNW Stock Price

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LNW RSI Chart

LNW Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

38.95

Price/Sales (Trailing)

2.91

EV/EBITDA

11.05

Price/Free Cashflow

21.63

LNW Price/Sales (Trailing)

LNW Profitability

EBT Margin

9.35%

Return on Equity

26.77%

Return on Assets

Free Cashflow Yield

4.62%

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

7.3%

Last 30 days

-3.7%

Last 90 days

13.0%

Trailing 12 Months

61.4%

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

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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?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	added	32.97	396,466	1,003,340	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	unchanged	-	730,000	3,731,000	-%
May 07, 2024	Headlands Technologies LLC	sold off	-100	-10,674	-	-%
May 07, 2024	Swiss National Bank	reduced	-1.28	3,361,590	18,141,400	0.01%
May 07, 2024	SEI INVESTMENTS CO	reduced	-9.08	457,193	3,961,810	0.01%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-80.95	-3,926,510	1,218,750	-%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	unchanged	-	285,114	1,456,820	0.03%
May 07, 2024	ClariVest Asset Management LLC	unchanged	-	959	4,900	-%
May 07, 2024	Lisanti Capital Growth, LLC	new	-	3,975,380	3,975,380	0.97%
May 07, 2024	Arizona State Retirement System	reduced	-3.1	429,414	2,526,420	0.02%

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
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
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading

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	3.3%	125	121	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

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 Wed May 08 2024, market cap of Light & Wonder, Inc. is 8.67 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 Wed May 08 2024, LNW's PE ratio (Price to Earnings) is 51.48 and Price to Sales (PS) ratio is 2.99. 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 0.268 (multiply by 100 for percentage) rate of return.