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The price of International Game Technology PLC (NYSE: IGT) closed at $20.26 in the last session, down -1.36% from day before closing price of $20.54. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.63 million shares were traded. IGT stock price reached its highest trading level at $20.44 during the session, while it also had its lowest trading level at $20.13.
Ratios:
We take a closer look at IGT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 4.11 whereas as Long-Term Debt/Eq ratio is at 4.07.
On March 04, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $31 to $30.
Truist Downgraded its Buy to Hold on March 01, 2024, whereas the target price for the stock was revised from $32 to $30.
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 4117905664 and an Enterprise Value of 9821770752. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.53, and their Forward P/E ratio for the next fiscal year is 9.30. 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 0.94 while its Price-to-Book (P/B) ratio in mrq is 2.81. Its current Enterprise Value per Revenue stands at 2.279 whereas that against EBITDA is 6.173.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $33.99, while it has fallen to a 52-week low of $19.54. The 50-Day Moving Average of the stock is -11.45%, while the 200-Day Moving Average is calculated to be -26.57%.
Shares Statistics:
According to the various share statistics, IGT traded on average about 1.28M shares per day over the past 3-months and 1093380 shares per day over the past 10 days. A total of 200.48M shares are outstanding, with a floating share count of 103.77M. Insiders hold about 48.24% of the company’s shares, while institutions hold 44.90% stake in the company. Shares short for IGT as of 1713139200 were 1280072 with a Short Ratio of 1.00, compared to 1710460800 on 1935848. Therefore, it implies a Short% of Shares Outstanding of 1280072 and a Short% of Float of 1.13.
Dividends & Splits
The forward annual dividend rate for IGT is 0.80, which was 0.8 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03894839The stock’s 5-year Average Dividend Yield is 4.51.
Earnings Estimates
The performance of International Game Technology PLC (IGT) in the stock market is under the watchful eye of 4.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.23 for the current quarter, with a high estimate of $0.28 and a low estimate of $0.2, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.31, with high estimates of $0.36 and low estimates of $0.28.
Analysts are recommending an EPS of between $2.34 and $1.08 for the fiscal current year, implying an average EPS of $1.59. EPS for the following year is $2.09, with 7.0 analysts recommending between $2.52 and $1.63.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $1.03B. It ranges from a high estimate of $1.05B to a low estimate of $1.01B. As of the current estimate, International Game Technology PLC’s year-ago sales were $1.03BFor the next quarter, 5 analysts are estimating revenue of $1.09B. There is a high estimate of $1.11B for the next quarter, whereas the lowest estimate is $1.06B.
A total of 7 analysts have provided revenue estimates for IGT’s current fiscal year. The highest revenue estimate was $4.39B, while the lowest revenue estimate was $4.32B, resulting in an average revenue estimate of $4.35B. In the same quarter a year ago, actual revenue was $4.31BBased on 7 analysts’ estimates, the company’s revenue will be $4.5B in the next fiscal year. The high estimate is $4.59B and the low estimate is $4.43B.
