LIGHT & WONDER INC (LNW)
Share Price Analysis and Chart

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LNW - LIGHT & WONDER INC

FNArena Sector : Gaming
Year End: December
GICS Industry Group : Consumer Services
Debt/EBITDA: 3.85
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$144.44

20 Jan
2025

0.760

OPEN

$143.90

0.53%

HIGH

$145.00

35,224

LOW

$143.14

TARGET
$174.00 20.5% upside
OTHER COMPANIES IN THE SAME SECTOR
AGI . ALL . BBT . BET . JIN . PBH . PLY . SGR . SKC . TAH . TLC . TLC .
FNARENA'S MARKET CONSENSUS FORECASTS
LNW: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 269.9 370.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A 37.1% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 39.4 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx269.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx4,372.0 M
Book Value Per Share xxxxxxxxxxxxxxx1,245.7
Net Operating Cash Flow xxxxxxxxxxxxxxx888.9 M
Net Profit Margin xxxxxxxxxxxxxxx5.62 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx19.03 %
Return on Invested Capital xxxxxxxxxxxxxxx3.50 %
Return on Assets xxxxxxxxxxxxxxx2.89 %
Return on Equity xxxxxxxxxxxxxxx19.03 %
Return on Total Capital xxxxxxxxxxxxxxx12.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx524.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx60 M
Long Term Debt xxxxxxxxxxxxxxx5,702 M
Total Debt xxxxxxxxxxxxxxx5,762 M
Goodwill - Gross xxxxxxxxxxxxxxx4,316 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx755 M
Price To Book Value xxxxxxxxxxxxxxx9.71

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx364.6 M
Capex % of Sales xxxxxxxxxxxxxxx8.34 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,892 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx1,561 M
Research & Development xxxxxxxxxxxxxxx343 M
Investments - Total xxxxxxxxxxxxxxx38 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

3

xxxxxxxxxx xx xxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxxxxxx xx xxx xxxx xxxxxxxxxx

$xx.xx

xx.xx%

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Bell Potter

14/11/2024

1

Buy

$180.00

24.62%

Light & Wonder's -2% miss against the consensus forecast for Q3 adjusted earnings (EBITDA) was driven by lower Gaming Ops Fee-Per-Day (FPD) and reduced Systems and Table Products revenue, explains Bell Potter.

Management reaffirmed the 2025 earnings (AEBITDA) target of US$1,400m.

The broker raises its target to $180 from $165 on higher free cash flow (FCF) forecasts and favourable currency movements.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 431.40 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 557.70 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

3

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Jarden

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Goldman Sachs

18/11/2024

1

Buy

$171.90

19.01%

Goldman Sachs notes from 3Q results that Light & Wonder remains optimistic about its growth trajectory. North American Outright sales outperformed, driven by expansion into new adjacent markets, with this trend expected to continue into FY25.

The midpoint of management's FY25 profit (NPATA) guidance of US$565m–US$635m beat the broker's forecast by 3%.

The target slips to $171.90 from $172.20. Buy.

Canaccord Genuity

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Extra Coverage Research History >

LNW STOCK CHART

FNArena News on LNW

1
Rudi’s View: Best Buys & Convictions For 2025

Jan 16 2025 - Rudi's View
2
Rudi’s View: Final Best Buys & Conviction Ideas

Dec 23 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Dec 23, 2024

Dec 23 2024 - Daily Market Reports
4
In Brief: Dicker Data, Light & Wonder, Codan

Dec 20 2024 - Weekly Reports
5
Rudi’s View: Banks, WiseTech, Redox & Integral Diagnostics

Dec 19 2024 - Rudi's View

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