With 0.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.07 million shares. The 52-week range on LNW shows that it touched its highest point at $115.00 and its lowest point at $75.46 during that stretch. It currently has a 1-year price target of $116.95. Beta for the stock currently stands at 1.24.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNW was down-trending over the past week, with a drop of -4.71%, but this was up by 0.77% over a month. Three-month performance dropped to -19.57% while six-month performance fell -9.61%. The stock lost -10.22% in the past year, while it has lost -2.50% so far this year. A look at the trailing 12-month EPS for LNW yields 3.74 with Next year EPS estimates of 6.80. For the next quarter, that number is 1.41. This implies an EPS growth rate of 51.80% for this year and 21.75% for next year.
Float and Shares Shorts:
At present, 85.00 million LNW shares are outstanding with a float of 83.78 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNW since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.47256 being high and $3.24437 being low. For LNW, this leads to a yearly average estimate of $3.38327. Based on analyst estimates, the high estimate for the next quarter is $1.92 and the low estimate is $1.36. The average estimate for the next quarter is thus $1.57.
