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After finishing at $19.19 in the prior trading day, International Game Technology PLC (NYSE: IGT) closed at $18.97, down -1.15%. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 2.17 million shares were traded. IGT stock price reached its highest trading level at $19.0125 during the session, while it also had its lowest trading level at $18.6575.
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 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.36. In the meantime, Its Debt-to-Equity ratio is 3.90 whereas as Long-Term Debt/Eq ratio is at 3.71.
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 Nov 14 ’24 when Costa Dorothy bought 15,014 shares for $20.44 per share.
Gunn Scott David bought 2,500 shares of IGT for $54,575 on Sep 17 ’24. On Sep 16 ’24, another insider, Gunn Scott David, who serves as the Officer of the company, bought 2,500 shares for $21.70 each.
Valuation Measures:
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 3829246208 and an Enterprise Value of 9570379776. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.33, and their Forward P/E ratio for the next fiscal year is 16.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 31.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 2.215 whereas that against EBITDA is 6.111.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $28.82, while it has fallen to a 52-week low of $18.90. The 50-Day Moving Average of the stock is -9.00%, while the 200-Day Moving Average is calculated to be -11.84%.
Shares Statistics:
The stock has traded on average 822.67K shares per day over the past 3-months and 1101550 shares per day over the last 10 days, according to various share statistics. A total of 200.48M shares are outstanding, with a floating share count of 109.81M. Insiders hold about 45.64% of the company’s shares, while institutions hold 45.61% stake in the company. Shares short for IGT as of 1730332800 were 1812769 with a Short Ratio of 2.20, compared to 1727654400 on 1747187. Therefore, it implies a Short% of Shares Outstanding of 1812769 and a Short% of Float of 1.59.
Dividends & Splits
In the trailing 12 months, IGT’s forward annual dividend rate was 0.8, compared to 0.80 this year. Against a Trailing Annual Dividend Yield of 0.04168838The stock’s 5-year Average Dividend Yield is 4.51.
