In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $16.75 in the prior trading day, International Game Technology PLC (NYSE: IGT) closed at $16.63, down -0.72%. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.33 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 4.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.43. 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 11.56, and their Forward P/E ratio for the next fiscal year is 11.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.05.
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 0.90%, while the 200-Day Moving Average is calculated to be -11.82%.
Shares Statistics:
A total of 202.03M shares are outstanding, with a floating share count of 110.47M. Insiders hold about 45.32% of the company’s shares, while institutions hold 51.08% stake in the company.
