Veea (NASDAQ:VEEA – Get Free Report) and Light & Wonder (NASDAQ:LNW – Get Free Report) are both computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.
Earnings and Valuation
This table compares Veea and Light & Wonder”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Veea | N/A | N/A | -$30,000.00 | N/A | N/A |
Light & Wonder | $2.90 billion | 2.87 | $163.00 million | $3.22 | 29.30 |
Light & Wonder has higher revenue and earnings than Veea.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Veea | N/A | N/A | -20.86% |
Light & Wonder | 9.30% | 49.91% | 7.27% |
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Veea and Light & Wonder, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Veea | 0 | 0 | 0 | 0 | 0.00 |
Light & Wonder | 1 | 4 | 7 | 2 | 2.71 |
Light & Wonder has a consensus price target of $108.50, suggesting a potential upside of 14.99%. Given Light & Wonder’s stronger consensus rating and higher possible upside, analysts clearly believe Light & Wonder is more favorable than Veea.
Institutional and Insider Ownership
25.9% of Veea shares are held by institutional investors. Comparatively, 88.1% of Light & Wonder shares are held by institutional investors. 71.0% of Veea shares are held by company insiders. Comparatively, 2.1% of Light & Wonder shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility & Risk
Veea has a beta of -0.11, suggesting that its share price is 111% less volatile than the S&P 500. Comparatively, Light & Wonder has a beta of 1.72, suggesting that its share price is 72% more volatile than the S&P 500.
Summary
Light & Wonder beats Veea on 11 of the 12 factors compared between the two stocks.
About Veea
Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.
About Light & Wonder
Light & Wonder, Inc. is a cross-platform global games company, which engages in the development of content and digital markets. It operates through the following segments: Gaming, SciPlay, and iGaming. The Gaming segment includes the design, manufacture, marketing, and distribution of portfolio of gaming products and services. The SciPlay segment involves the development and publishing of digital games on mobile and web platforms. The iGaming segment focuses on the provision of digital gaming content, distribution platforms, player account management systems, and services. The company was founded on July 2, 1984 and is headquartered in Las Vegas, NV.
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