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After finishing at $16.90 in the prior trading day, International Game Technology PLC (NYSE: IGT) closed at $16.07, down -4.91%. In other words, the price has decreased by -$4.91 from its previous closing price. On the day, 3.72 million shares were traded.
Ratios:
Our goal is to gain a better understanding of IGT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.31. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.48. In the meantime, Its Debt-to-Equity ratio is 3.51 whereas as Long-Term Debt/Eq ratio is at 3.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on May 30, 2024, Upgraded its rating to Buy and sets its target price to $26 from $24 previously.
Stifel Downgraded its Buy to Hold on March 04, 2024, whereas the target price for the stock was revised from $31 to $30.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’25 when McGregor Heather Jane bought 4,500 shares for $16.95 per share.
Costa Dorothy bought 15,014 shares of IGT for $306,881 on Nov 14 ’24. On Sep 17 ’24, another insider, Gunn Scott David, who serves as the Officer of the company, bought 2,500 shares for $21.83 each.
Valuation Measures:
As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.17, and their Forward P/E ratio for the next fiscal year is 11.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 1.98.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $24.13, while it has fallen to a 52-week low of $13.81. The 50-Day Moving Average of the stock is -2.20%, while the 200-Day Moving Average is calculated to be -14.49%.
Shares Statistics:
A total of 202.03M shares are outstanding, with a floating share count of 112.85M. Insiders hold about 44.14% of the company’s shares, while institutions hold 49.18% stake in the company.
Earnings Estimates
A detailed examination of International Game Technology PLC (IGT) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.28, with high estimates of $0.28 and low estimates of $0.28.
Analysts are recommending an EPS of between $0.86 and $0.86 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $1.75, with 2.0 analysts recommending between $1.85 and $1.64.
Revenue Estimates
4 analysts predict $619.27M in revenue for the current quarter. It ranges from a high estimate of $622.8M to a low estimate of $615M. As of the current estimate, International Game Technology PLC’s year-ago sales were $1.05BFor the next quarter, 4 analysts are estimating revenue of $628.82M. There is a high estimate of $651M for the next quarter, whereas the lowest estimate is $601M.
A total of 5 analysts have provided revenue estimates for IGT’s current fiscal year. The highest revenue estimate was $2.56B, while the lowest revenue estimate was $2.49B, resulting in an average revenue estimate of $2.53B. In the same quarter a year ago, actual revenue was $2.51BBased on 5 analysts’ estimates, the company’s revenue will be $2.57B in the next fiscal year. The high estimate is $2.63B and the low estimate is $2.49B.
