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In the latest session, International Game Technology PLC (NYSE: IGT) closed at $16.47 down -2.20% from its previous closing price of $16.84. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.79 million shares were traded. IGT stock price reached its highest trading level at $17.125 during the session, while it also had its lowest trading level at $16.47.
Ratios:
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 4.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.83. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 3.32 whereas as Long-Term Debt/Eq ratio is at 3.18.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3327467008 and an Enterprise Value of 8641461248. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.64, and their Forward P/E ratio for the next fiscal year is 11.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 3.44 whereas that against EBITDA is 9.302.
Stock Price History:
The Beta on a monthly basis for IGT is 1.64, which has changed by -0.19814998 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, IGT has reached a high of $24.13, while it has fallen to a 52-week low of $16.42. The 50-Day Moving Average of the stock is -5.17%, while the 200-Day Moving Average is calculated to be -16.75%.
Shares Statistics:
For the past three months, IGT has traded an average of 1.39M shares per day and 1311650 over the past ten days. A total of 201.86M shares are outstanding, with a floating share count of 112.07M. Insiders hold about 44.53% of the company’s shares, while institutions hold 47.41% stake in the company. Shares short for IGT as of 1740700800 were 3074832 with a Short Ratio of 2.20, compared to 1738281600 on 2719941. Therefore, it implies a Short% of Shares Outstanding of 3074832 and a Short% of Float of 1.55.
Dividends & Splits
According to the company, the forward annual dividend rate for IGT is 1.00, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.047505938The stock’s 5-year Average Dividend Yield is 4.51. The current Payout Ratio is 46.90% for IGT, which recently paid a dividend on 2025-03-11 with an ex-dividend date of 1741651200. Stock splits for the company last occurred on 2003-07-03 when the company split stock in a 4:1 ratio.
