It has been a few month because the final earnings report for Mild & Surprise (LNW). Shares have misplaced about 2.9% in that time-frame, outperforming the S&P 500.
Will the current unfavorable pattern proceed main as much as its subsequent earnings launch, or is Mild & Surprise due for a breakout? Earlier than we dive into how buyers and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report with the intention to get a greater deal with on the vital drivers.
How Have Estimates Been Transferring Since Then?
It seems, estimates evaluation have trended downward throughout the previous month.
The consensus estimate has shifted -7.05% as a consequence of these modifications.
VGM Scores
At the moment, Mild & Surprise has a pleasant Development Rating of B, a grade with the identical rating on the momentum entrance. Following the very same course, the inventory was allotted a grade of B on the worth facet, placing it within the high 40% for this funding technique.
Total, the inventory has an combination VGM Rating of A. In the event you aren’t centered on one technique, this rating is the one you need to be fascinated by.
Outlook
Estimates have been broadly trending downward for the inventory, and the magnitude of those revisions signifies a downward shift. Notably, Mild & Surprise has a Zacks Rank #3 (Maintain). We count on an in-line return from the inventory within the subsequent few months.
Solely $1 to See All Zacks’ Buys and Sells
We’re not kidding.
A number of years in the past, we shocked our members by providing them 30-day entry to all our picks for the overall sum of solely $1. No obligation to spend one other cent.
Hundreds have taken benefit of this chance. Hundreds didn’t – they thought there should be a catch. Sure, we do have a motive. We would like you to get acquainted with our portfolio companies like Shock Dealer, Shares Below $10, Know-how Innovators,and extra, that closed 256 positions with double- and triple-digit good points in 2024 alone.
Light & Wonder, Inc. (LNW) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
