Light & Wonder Inc (NASDAQ: LNW) has reported E.P.S. of $0.92 for its second fiscal quarter (ending June 30) versus $-0.01 for the same period a year ago. Relative to the consensus estimate of $1.02, this was a shortfall of $-0.10. For the latest four quarters through June 30, E.P.S. were $3.40 compared to $0.49 a year ago — an increase of 594%.
Recent Price Action
Light & Wonder Inc (NASDAQ: LNW) stock closed at $100.50 on 8/7/24 after a slight decline of -0.2%. Moreover, unusually high trading volume at 157% of normal accompanied the decline. The stock has declined -4.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, LNW is expected to continue to be a major Value Builder.
Light & Wonder has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Light & Wonder has a poor Appreciation Score of 18 but a good Power Rating of 83, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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