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Hot Stocks
Light & Wonder acquires House Advantage assets in cash transaction » 16:16
10/06/22
10/06
16:16
10/06/22
16:16
LNW

Light & Wonder

$47.42 /

-0.69 (-1.43%)

Light & Wonder…

Light & Wonder announced that it has acquired substantially all of the assets of House Advantage, LLC, a loyalty and marketing software and technology provider, in a cash transaction. "Loyalty is no longer just about a player's card; it's about the player journey across all touchpoints. By welcoming the HA team to L&W, we are strengthening our position and accelerating the transformation and growth of our systems business to drive greater value for our customers," said Matt Wilson, interim Chief Executive Officer of L&W. "The addition of HA's industry leading software and technology solutions allows us to capitalize on the growing convergence of digital and land-based gaming. With HALo, we gain a powerful omnichannel player loyalty solution that complements our current product family and enables us to deliver a truly differentiated offering. Further, HA adds stable, high-margin recurring revenue streams with significant growth potential to bolster cash flows for the benefit of all stakeholders."

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LNW Light & Wonder
$47.42 /

-0.69 (-1.43%)

LNW Light & Wonder
$47.42 /

-0.69 (-1.43%)

10/04/22 Truist
Truist says has raised similar points on SciPlay as Engine Capital
08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
LNW Light & Wonder
$47.42 /

-0.69 (-1.43%)

Tuesday
Recommendations
Truist says has raised similar points on SciPlay as Engine Capital » 09:28
10/04/22
10/04
09:28
10/04/22
09:28
SCPL

SciPlay

$11.76 /

+0.01 (+0.09%)

, LNW

Light & Wonder

$43.69 /

+0.905 (+2.12%)

Truist analyst Matthew…

Truist analyst Matthew Thornton keeps his Buy rating and $15 price target on SciPlay (SCPL) after the company disclosed a letter from Engine Capital calling for Light & Wonder (LNW) to acquire the remaining SciPlay shares if it is core to its multi-platform strategy or seek strategic alternatives otherwise. Thornton states that he has articulated similar points when Light & Wonder first announced its strategy, namely that if SciPlay is "not core", the holding as an "illiquid minority stub" makes no sense, and if "core", it should not be a "separate stub".

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SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

08/23/22 BofA
SciPlay resumed with an Underperform at BofA
08/23/22 BofA
SciPlay resumed with an Underperform at BofA
08/08/22 Deutsche Bank
SciPlay price target lowered to $16 from $17 at Deutsche Bank
06/10/22 Wedbush
Wedbush sees several drivers for SciPlay, upgrades to Outperform
LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

Hot Stocks
Engine Capital calls on Light & Wonder to acquire remaining stake in SciPlay » 09:23
10/04/22
10/04
09:23
10/04/22
09:23
SCPL

SciPlay

$11.76 /

+0.01 (+0.09%)

, LNW

Light & Wonder

$43.69 /

+0.905 (+2.12%)

On October 3, Engine…

On October 3, Engine Capital delivered a letter to the board of directors of SciPlay (SCPL), in which the firm has a 5.7% stake, and the board of directors of Light & Wonder, (LNW), the parent company of SciPlay. In the letter disclosed in a regulatory filing, Engine stated: "We invested in both Companies because we believe in the cross-platform, content-led strategy pursued by the new leadership of Chair Jamie Odell and Chair Toni Korsanos, the attractive valuations of both Companies, and the fact that there are opportunities readily within the control of SciPlay and Light & Wonder to significantly increase shareholder value... We are writing to you today because we believe an easier solution exists whereby Light & Wonder acquires SciPlay for $15.00 to $16.00 per share using cash on SciPlay's balance sheet without having to issue any new shares. Importantly, such a transaction makes strategic sense for both Companies, would reduce inefficiencies, and would optimize the overall valuation of the entities." Reference Link

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SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

08/23/22 BofA
SciPlay resumed with an Underperform at BofA
08/23/22 BofA
SciPlay resumed with an Underperform at BofA
08/08/22 Deutsche Bank
SciPlay price target lowered to $16 from $17 at Deutsche Bank
06/10/22 Wedbush
Wedbush sees several drivers for SciPlay, upgrades to Outperform
LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

LNW Light & Wonder
$43.69 /

+0.905 (+2.12%)

SCPL SciPlay
$11.76 /

+0.01 (+0.09%)

Over a month ago
Conference/Events
Light & Wonder management to meet with Truist » 04:55
08/24/22
08/24
04:55
08/24/22
04:55
LNW

Light & Wonder

$53.01 /

+1.6 (+3.11%)

Meetings to be held in…

Meetings to be held in New York and Canada on August 22-24 hosted by Truist.

ShowHide Related Items >><<
LNW Light & Wonder
$53.01 /

+1.6 (+3.11%)

LNW Light & Wonder
$53.01 /

+1.6 (+3.11%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
LNW Light & Wonder
$53.01 /

+1.6 (+3.11%)

Conference/Events
Light & Wonder management to meet with Truist » 04:55
08/23/22
08/23
04:55
08/23/22
04:55
LNW

Light & Wonder

$51.39 /

-3.84 (-6.95%)

Meetings to be held in…

Meetings to be held in New York and Canada on August 22-24 hosted by Truist.

ShowHide Related Items >><<
LNW Light & Wonder
$51.39 /

-3.84 (-6.95%)

LNW Light & Wonder
$51.39 /

-3.84 (-6.95%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
LNW Light & Wonder
$51.39 /

-3.84 (-6.95%)

Conference/Events
Light & Wonder management to meet with Truist » 04:55
08/22/22
08/22
04:55
08/22/22
04:55
LNW

Light & Wonder

$55.23 /

-2.1 (-3.66%)

Meetings to be held in…

Meetings to be held in New York and Canada on August 22-24 hosted by Truist.

ShowHide Related Items >><<
LNW Light & Wonder
$55.23 /

-2.1 (-3.66%)

LNW Light & Wonder
$55.23 /

-2.1 (-3.66%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
LNW Light & Wonder
$55.23 /

-2.1 (-3.66%)

Conference/Events
Light & Wonder management to meet with Truist » 11:20
08/17/22
08/17
11:20
08/17/22
11:20
LNW

Light & Wonder

$57.42 /

-0.92 (-1.58%)

Meetings to be held in…

Meetings to be held in New York and Canada on August 22-24 hosted by Truist.

ShowHide Related Items >><<
LNW Light & Wonder
$57.42 /

-0.92 (-1.58%)

LNW Light & Wonder
$57.42 /

-0.92 (-1.58%)

08/10/22 Craig-Hallum
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum
08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
LNW Light & Wonder
$57.42 /

-0.92 (-1.58%)

Recommendations
Light & Wonder price target lowered to $90 from $105 at Craig-Hallum » 09:00
08/10/22
08/10
09:00
08/10/22
09:00
LNW

Light & Wonder

$52.72 /

-0.81 (-1.51%)

Craig-Hallum analyst Ryan…

Craig-Hallum analyst Ryan Sigdahl lowered the firm's price target on Light & Wonder to $90 from $105 to reflect multiple compression amongst peer group. The analyst keeps a Buy rating on the shares.

ShowHide Related Items >><<
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

08/10/22 Susquehanna
Light & Wonder price target lowered to $47 from $55 at Susquehanna
08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
07/14/22 Deutsche Bank
Light & Wonder price target lowered to $48 from $53 at Deutsche Bank
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

Recommendations
Light & Wonder price target lowered to $47 from $55 at Susquehanna » 07:05
08/10/22
08/10
07:05
08/10/22
07:05
LNW

Light & Wonder

$52.72 /

-0.81 (-1.51%)

Susquehanna analyst…

Susquehanna analyst Joseph Stauff lowered the firm's price target on Light & Wonder to $47 from $55 and keeps a Neutral rating on the shares. The analyst said he likes its long-term strategy to reposition its "for sales" sub-segment to grow and take market share, but thinks this will take time given an "inevitable" slowdown in slot capex from operators.

ShowHide Related Items >><<
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
07/14/22 Deutsche Bank
Light & Wonder price target lowered to $48 from $53 at Deutsche Bank
05/12/22 Deutsche Bank
Light & Wonder price target lowered to $53 from $65 at Deutsche Bank
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

Earnings
Light & Wonder reports Q2 EPS $34.61 vs $1.13 last year » 16:51
08/09/22
08/09
16:51
08/09/22
16:51
LNW

Light & Wonder

$52.72 /

-0.81 (-1.51%)

Reports Q2 revenue $610M,…

Reports Q2 revenue $610M, conseensus $596.72M. Barry Cottle, President and Chief Executive Officer of Light & Wonder, said, "We made great strides in the second quarter as we continued to execute on our vision and the transformation of our Company. We closed on the sale of our Lottery business for $5.7 billion in gross cash proceeds, which we used to significantly de-lever our balance sheet as we continue to deliver on our promises. With the Lottery business sale and anticipated closing on the sale of our Sports Betting business by the end of the third quarter, we have achieved a significant milestone in the transformation of our organization."

ShowHide Related Items >><<
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

08/01/22 Stifel
Light & Wonder price target lowered to $51 from $61 at Stifel
07/20/22 Truist
Light & Wonder price target lowered to $76 from $85 at Truist
07/14/22 Deutsche Bank
Light & Wonder price target lowered to $48 from $53 at Deutsche Bank
05/12/22 Deutsche Bank
Light & Wonder price target lowered to $53 from $65 at Deutsche Bank
LNW Light & Wonder
$52.72 /

-0.81 (-1.51%)

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