Light & Wonder, Inc. (LNW)

NASDAQ: LNW · IEX Real-Time Price · USD
103.98
-0.52 (-0.50%)
At close: Mar 27, 2024, 4:00 PM
104.05
+0.07 (0.07%)
After-hours: Mar 27, 2024, 7:16 PM EDT

Total Valuation

Light & Wonder has a market cap or net worth of $9.39 billion. The enterprise value is $12.78 billion.

Market Cap 9.39B
Enterprise Value 12.78B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Light & Wonder has 89.83 million shares outstanding. The number of shares has decreased by -2.11% in one year.

Shares Outstanding 89.83M
Shares Change (YoY) -2.11%
Shares Change (QoQ) +1.09%
Owned by Insiders (%) 1.02%
Owned by Institutions (%) 81.58%
Float 71.87M

Valuation Ratios

The trailing PE ratio is 59.42 and the forward PE ratio is 27.98. Light & Wonder's PEG ratio is 0.56.

PE Ratio 59.42
Forward PE 27.98
PS Ratio 3.23
Forward PS 2.97
PB Ratio 12.27
P/FCF Ratio 26.97
PEG Ratio 0.56
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.51, with an EV/FCF ratio of 36.72.

EV / Earnings 78.40
EV / Sales 4.40
EV / EBITDA 14.51
EV / EBIT 25.71
EV / FCF 36.72

Financial Position

The company has a current ratio of 1.88, with a Debt / Equity ratio of 5.12.

Current Ratio 1.88
Quick Ratio 1.53
Debt / Equity 5.12
Debt / EBITDA 4.44
Debt / FCF 11.24
Interest Coverage 1.61

Financial Efficiency

Return on equity (ROE) is 17.20% and return on invested capital (ROIC) is 9.60%.

Return on Equity (ROE) 17.20%
Return on Assets (ROA) 2.80%
Return on Capital (ROIC) 9.60%
Revenue Per Employee $446,462
Profits Per Employee $25,077
Employee Count 6,500
Asset Turnover 0.50
Inventory Turnover 5.16

Taxes

In the past 12 months, Light & Wonder has paid $25.00 million in taxes.

Income Tax 25.00M
Effective Tax Rate 13.30%

Stock Price Statistics

The stock price has increased by +83.42% in the last 52 weeks. The beta is 1.78, so Light & Wonder's price volatility has been higher than the market average.

Beta (1Y) 1.78
52-Week Price Change +83.42%
50-Day Moving Average 92.33
200-Day Moving Average 79.83
Relative Strength Index (RSI) 61.81
Average Volume (30 Days) 572,372

Short Selling Information

The latest short interest is 4.61 million, so 5.14% of the outstanding shares have been sold short.

Short Interest 4.61M
Short Previous Month 3.03M
Short % of Shares Out 5.14%
Short % of Float 6.42%
Short Ratio (days to cover) 4.92

Income Statement

In the last 12 months, Light & Wonder had revenue of $2.90 billion and earned $163.00 million in profits. Earnings per share was $1.75.

Revenue 2.90B
Gross Profit 2.03B
Operating Income 518.00M
Pretax Income 188.00M
Net Income 163.00M
EBITDA 881.00M
EBIT 497.00M
Earnings Per Share (EPS) $1.75
Full Income Statement

Balance Sheet

The company has $521.00 million in cash and $3.91 billion in debt, giving a net cash position of -$3.39 billion or -$37.76 per share.

Cash & Cash Equivalents 521.00M
Total Debt 3.91B
Net Cash -3.39B
Net Cash Per Share -$37.76
Equity / Book Value 765.00M
Book Value Per Share 8.52
Working Capital 615.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $590.00 million and capital expenditures -$242.00 million, giving a free cash flow of $348.00 million.

Operating Cash Flow 590.00M
Capital Expenditures -242.00M
Free Cash Flow 348.00M
FCF Per Share $3.82
Full Cash Flow Statement

Margins

Gross margin is 69.95%, with operating and profit margins of 17.85% and 5.62%.

Gross Margin 69.95%
Operating Margin 17.85%
Pretax Margin 6.48%
Profit Margin 5.62%
EBITDA Margin 30.36%
EBIT Margin 17.13%
FCF Margin 11.99%

Dividends & Yields

Light & Wonder does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 2.11%
Shareholder Yield 2.11%
Earnings Yield 1.74%
FCF Yield 3.71%
Dividend Details

Analyst Forecast

The average price target for Light & Wonder is $99.10, which is -4.69% lower than the current price. The consensus rating is "Buy".

Price Target $99.10
Price Target Difference -4.69%
Analyst Consensus Buy
Analyst Count 10
Revenue Growth Forecast (5Y) 4.84%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on October 26, 1993. It was a forward split with a ratio of 2:1.

Last Split Date Oct 26, 1993
Split Type Forward
Split Ratio 2:1

Scores

Light & Wonder has an Altman Z-Score of 2.3 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.3
Piotroski F-Score 7