With 0.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 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 $118.18. Beta for the stock currently stands at 1.25.
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 up-trending over the past week, with a rise of 9.66%, but this was up by 18.55% over a month. Three-month performance surged to 7.65% while six-month performance fell -0.63%. The stock gained 0.72% in the past year, while it has gained 8.39% so far this year. A look at the trailing 12-month EPS for LNW yields 3.69 with Next year EPS estimates of 6.72. For the next quarter, that number is 1.35. This implies an EPS growth rate of 51.16% for this year and 20.79% for next year.
Float and Shares Shorts:
At present, 86.00 million LNW shares are outstanding with a float of 84.25 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.
