Light & Wonder Inc (NASDAQ:LNW) shares, rose in value, with the stock price up by 2.04% to the previous day’s close as strong demand from buyers drove the stock to $79.96.
Actively observing the price movement in the last trading, the stock closed the session at $78.36, falling within a range of $78.12 and $81.39. The value of beta (5-year monthly) was 1.377 whereas the PE ratio was 21.69 over 12-month period. Referring to stock’s 52-week performance, its high was $115.00, and the low was $75.46. On the whole, LNW has fluctuated by -23.48% over the past month.
With the market capitalization of Light & Wonder Inc currently standing at about $6.75 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.47B, with a low estimate of 756M and a high estimate of 835M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 802.93M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LNW’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.69, with the price of LNW currently trading nearly -8.96% and -17.13% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.61, while the 7-day volatility ratio is showing 3.95% which for the 30-day chart, stands at 5.52%. Furthermore, Light & Wonder Inc (LNW)’s beta value is 1.32, and its average true range (ATR) is 4.79.
A comparison of Light & Wonder Inc (LNW) with its peers suggests the former has fared considerably weaker in the market. LNW showed an intraday change of 2.04% in last session, and over the past year, it shrunk by -10.88%%.
Data on historical trading for Light & Wonder Inc (NASDAQ:LNW) indicates that the trading volumes over the past 10 days have averaged 1.24 and over the past 3 months, they’ve averaged 849.57K. According to company’s latest data on outstanding shares, there are 86.00 million shares outstanding.
Nearly 0.70% of Light & Wonder Inc’s shares belong to company insiders and institutional investors own 71.90% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.6 million shares as on 2025-03-31, resulting in a short ratio of 3.56. According to the data, the short interest in Light & Wonder Inc (LNW) stood at 406.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 3.21 million. The stock has fallen by -7.43% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LNW stock heading into the next quarter.
