What is B. Riley’s Forecast for Light & Wonder Q1 Earnings?

Light & Wonder, Inc. (NASDAQ:LNW) – Equities researchers at B. Riley cut their Q1 2025 earnings per share (EPS) estimates for shares of Light & Wonder in a research note issued to investors on Wednesday, November 13th. B. Riley analyst D. Bain now forecasts that the company will post earnings of $0.96 per share for the quarter, down from their previous forecast of $1.04. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Light & Wonder’s current full-year earnings is $4.41 per share. B. Riley also issued estimates for Light & Wonder’s Q3 2025 earnings at $1.28 EPS.

Other equities analysts have also recently issued reports about the company. Truist Financial lowered their price target on Light & Wonder from $120.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, October 23rd. Susquehanna cut their target price on Light & Wonder from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th. Deutsche Bank Aktiengesellschaft raised their price target on Light & Wonder from $76.00 to $81.00 and gave the stock a “hold” rating in a research report on Thursday, August 8th. UBS Group upgraded Light & Wonder from a “neutral” rating to a “buy” rating in a report on Wednesday, September 25th. Finally, Macquarie dropped their target price on Light & Wonder from $122.00 to $117.00 and set an “outperform” rating for the company in a research report on Wednesday, September 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Light & Wonder has an average rating of “Moderate Buy” and an average target price of $107.36.

Light & Wonder Trading Down 10.0 %

Shares of Light & Wonder stock opened at $92.28 on Thursday. The stock has a 50 day moving average of $98.59 and a 200 day moving average of $99.86. The company has a debt-to-equity ratio of 4.90, a quick ratio of 1.58 and a current ratio of 1.85. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 0.43 and a beta of 1.75. Light & Wonder has a fifty-two week low of $76.52 and a fifty-two week high of $115.00.

Light & Wonder (NASDAQ:LNW) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.18. The business had revenue of $817.00 million during the quarter, compared to analysts’ expectations of $826.65 million. Light & Wonder had a net margin of 9.30% and a return on equity of 50.89%.

Light & Wonder declared that its board has authorized a stock buyback plan on Wednesday, August 7th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to repurchase up to 10.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in shares of Light & Wonder in the 3rd quarter valued at $29,000. GAMMA Investing LLC raised its position in Light & Wonder by 59.6% in the second quarter. GAMMA Investing LLC now owns 407 shares of the company’s stock worth $43,000 after acquiring an additional 152 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Light & Wonder in the third quarter valued at about $108,000. Smith Anglin Financial LLC acquired a new stake in shares of Light & Wonder during the 2nd quarter valued at approximately $213,000. Finally, Cynosure Group LLC purchased a new stake in Light & Wonder during the first quarter worth $310,000. Institutional investors and hedge funds own 88.08% of the company’s stock.

Light & Wonder Company Profile

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.