Light & Wonder Closes at $65.26, Down -1.43% From Previous Close
June 19, 2023
🌥️Trending News
Light & Wonder ($NASDAQ:LNW) Inc. is a well-known company on the stock market, offering investors a diverse range of products and services. Their stock has been a consistent performer, delivering steady returns over the years. Unfortunately, the company’s latest session ended on a low note, with its closing price at $65.26, a decrease of 1.43% from its previous closing price of $66.21. This decline in price could be attributed to a variety of factors, such as macroeconomic changes, industry trends, or even internal issues within the company itself.
However, investors should take this as an opportunity to reassess their position in the stock market and establish a sound financial strategy for the future. Overall, Light & Wonder Inc. has been a reliable stock choice for many investors. Despite its recent decline in value, the company is still worth investigating further and could provide investors with a lucrative investment opportunity in the future.
Analysis
At GoodWhale, we recently performed a comprehensive analysis of LIGHT & WONDER’s wellbeing. After a thorough examination of their income sheet, balance sheet, and financial journal, we have determined that LIGHT & WONDER is a high risk investment in terms of financial and business aspects. In particular, our analysis has revealed three key risk warnings in their income sheet, balance sheet, and financial journal. To access more detailed information about our findings and the exact risks that we identified in LIGHT & WONDER, please register with us. Our team would be more than happy to provide you with a comprehensive breakdown of the risks we discovered and give you some advice for further action. Together, we can help ensure that your investments are secure and successful. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for LNW. More…
| Total Revenues | Net Income | Net Margin |
| 2.61k | 3.67k | -1.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for LNW. More…
| Operations | Investing | Financing |
| -290 | 6.24k | -5.58k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for LNW. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.02k | 4.84k | 11.08 |
Key Ratios Snapshot
Some of the financial key ratios for LNW are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -7.4% | -1.7% | 8.2% |
| FCF Margin | ROE | ROA |
| -19.8% | 13.3% | 2.2% |
Peers
They offer a wide range of products and services that are designed to meet the needs of the gaming industry. Their products are used by some of the world’s largest gaming operators. PlayAGS Inc, NanoTech Gaming Inc, and Inspired Entertainment Inc are all major competitors of Light & Wonder Inc.
– PlayAGS Inc ($NYSE:AGS)
AGS Inc is a leading provider of casino gaming products and services. The company has a market capitalization of 196.73 million as of 2022 and a return on equity of 27.82%. AGS Inc provides a wide range of gaming products and services, including casino management systems, slot machines, table games, and other gaming equipment. The company also offers a variety of services, such as player tracking, marketing, and player development.
– NanoTech Gaming Inc ($OTCPK:NTGL)
Inspired Entertainment Inc is a gaming technology company that provides virtual sports and iGaming solutions to the regulated gambling industry. The company has a market cap of 309.89M and a ROE of -51.07%. Inspired Entertainment Inc operates in the Gaming Technology industry and has been in business for over 20 years. The company’s products are available in over 35,000 retail locations and online.
Summary
Light & Wonder Inc. is a stock which has been trading on the stock market for some time. In the latest session, the stock closed at $65.26, down 1.43% from its previous closing price of $66.21. This indicates that the stock has not been performing as well as expected and investors may want to take a more careful look into the company before making any decisions. It is important to research into Light & Wonder Inc’s sector, competitors, financials, and other indicators before investing.
Additionally, investors should consider the current market conditions to determine if this is an ideal time to purchase shares of Light & Wonder Inc. Looking at technical analysis might also help to identify any potential entry and exit points for the stock. Ultimately, investors need to conduct their own research and make an investment decision based on their own risk profile and time horizon.
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
