In the latest session, International Game Technology PLC (NYSE: IGT) closed at $24.64 up 0.20% from its previous closing price of $24.59. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1691981 shares were traded. IGT stock price reached its highest trading level at $24.92 during the session, while it also had its lowest trading level at $24.35.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
For a deeper understanding of International Game Technology PLC’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 4.02 whereas as Long-Term Debt/Eq ratio is at 3.98.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IGT now has a Market Capitalization of 5.22B and an Enterprise Value of 10.58B. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.96, and their Forward P/E ratio for the next fiscal year is 14.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 2.50 whereas that against EBITDA is 6.81.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $28.98, while it has fallen to a 52-week low of $15.01. The 50-Day Moving Average of the stock is 26.48, while the 200-Day Moving Average is calculated to be 23.29.
For the past three months, IGT has traded an average of 1.43M shares per day and 1.47M over the past ten days. A total of 199.29M shares are outstanding, with a floating share count of 103.87M. Insiders hold about 46.34% of the company’s shares, while institutions hold 48.50% stake in the company. Shares short for IGT as of May 14, 2023 were 2.26M with a Short Ratio of 2.26M, compared to 2.55M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.13% and a Short% of Float of 2.09%.
Dividends & Splits
According to the company, the forward annual dividend rate for IGT is 0.80, from 0.80 in the trailing year. Against a Trailing Annual Dividend Yield of 3.25%, it implies a Forward Annual Dividend Yield of 3.25%. The current Payout Ratio is 0.00% for IGT, which recently paid a dividend on Jun 07, 2023 with an ex-dividend date of May 23, 2023. Stock splits for the company last occurred on Jul 02, 2003 when the company split stock in a 4:1 ratio.
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.4 and a low estimate of $0.31, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.33, with high estimates of $0.42 and low estimates of $0.3.
Analysts are recommending an EPS of between $1.94 and $1.02 for the fiscal current year, implying an average EPS of $1.37. EPS for the following year is $1.69, with 5 analysts recommending between $1.97 and $1.47.
A total of 8 analysts believe the company’s revenue will be $1.02B this quarter.It ranges from a high estimate of $1.06B to a low estimate of $992M. As of the current estimate, International Game Technology PLC’s year-ago sales were $1.02B, an estimated increase of 0.30% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $1.04B, an increase of 2.90% over than the figure of $0.30% in the same quarter last year. There is a high estimate of $1.09B for the next quarter, whereas the lowest estimate is $1B.
A total of 11 analysts have provided revenue estimates for IGT’s current fiscal year. The highest revenue estimate was $4.32B, while the lowest revenue estimate was $4.14B, resulting in an average revenue estimate of $4.23B. In the same quarter a year ago, actual revenue was $4.22B, up 0.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $4.37B in the next fiscal year. The high estimate is $4.47B and the low estimate is $4.26B. The average revenue growth estimate for next year is up 3.20% from the average revenue estimate for this year.