Light & Wonder, Inc. Expected to Post Q1 2025 Earnings of $1.17 Per Share (NASDAQ:LNW)

Light & Wonder, Inc. (NASDAQ:LNW) – Investment analysts at B. Riley issued their Q1 2025 earnings per share (EPS) estimates for Light & Wonder in a research report issued to clients and investors on Monday, October 7th. B. Riley analyst D. Bain anticipates that the company will earn $1.17 per share for the quarter. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Light & Wonder’s current full-year earnings is $4.44 per share. B. Riley also issued estimates for Light & Wonder’s Q2 2025 earnings at $1.33 EPS, Q3 2025 earnings at $1.46 EPS, Q4 2025 earnings at $1.42 EPS and FY2025 earnings at $5.39 EPS.

Light & Wonder (NASDAQ:LNW) last announced its earnings results on Wednesday, August 7th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.14). Light & Wonder had a net margin of 9.92% and a return on equity of 40.51%. The firm had revenue of $818.00 million for the quarter, compared to analyst estimates of $798.09 million. During the same period in the previous year, the company earned $1.02 EPS. Light & Wonder’s revenue was up 11.9% compared to the same quarter last year.

Other equities analysts have also recently issued research reports about the company. UBS Group raised Light & Wonder from a “neutral” rating to a “buy” rating in a report on Wednesday, September 25th. JPMorgan Chase & Co. increased their target price on Light & Wonder from $107.00 to $111.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft increased their price target on Light & Wonder from $76.00 to $81.00 and gave the company a “hold” rating in a report on Thursday, August 8th. Truist Financial increased their price target on Light & Wonder from $115.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Finally, Craig Hallum raised Light & Wonder to a “strong-buy” rating in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Light & Wonder presently has a consensus rating of “Moderate Buy” and an average target price of $107.82.

Light & Wonder Price Performance

Shares of Light & Wonder stock opened at $96.04 on Wednesday. The business has a 50 day simple moving average of $103.48 and a two-hundred day simple moving average of $100.01. Light & Wonder has a 12 month low of $69.93 and a 12 month high of $115.00. The stock has a market capitalization of $8.52 billion, a P/E ratio of 39.85, a PEG ratio of 0.39 and a beta of 1.76. The company has a debt-to-equity ratio of 4.90, a current ratio of 1.85 and a quick ratio of 1.58.

Light & Wonder declared that its board has approved a stock repurchase program on Wednesday, August 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to purchase up to 10.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Rise Advisors LLC purchased a new position in shares of Light & Wonder during the first quarter worth $38,000. Fidelis Capital Partners LLC purchased a new position in shares of Light & Wonder during the first quarter worth $38,000. GAMMA Investing LLC boosted its position in shares of Light & Wonder by 59.6% during the second quarter. GAMMA Investing LLC now owns 407 shares of the company’s stock worth $43,000 after buying an additional 152 shares during the period. C M Bidwell & Associates Ltd. purchased a new position in shares of Light & Wonder during the fourth quarter worth $69,000. Finally, KBC Group NV purchased a new position in shares of Light & Wonder during the fourth quarter worth $153,000. 88.08% of the stock is currently owned by hedge funds and other institutional investors.

About Light & Wonder

Light & Wonder, Inc operates as a cross-platform games company in the United States and internationally. The company operates through three segments: Gaming, SciPlay, and iGaming segments. The Gaming segment sells game content and gaming machine; video gaming terminals; video lottery terminals, including conversion kits and spare parts; and table products, including automatic card shufflers, deck checkers, table roulette chip sorters and other land-based table gaming equipment.