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International Game Technology PLC (NYSE: IGT) closed the day trading at $17.12 up 0.18% from the previous closing price of $17.09. In other words, the price has increased by $0.18 from its previous closing price. On the day, 0.93 million shares were traded. IGT stock price reached its highest trading level at $17.13 during the session, while it also had its lowest trading level at $16.93.
Ratios:
For a better understanding of IGT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.76. 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 3455809024 and an Enterprise Value of 9172440064. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.27, and their Forward P/E ratio for the next fiscal year is 14.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 2.123 whereas that against EBITDA is 5.857.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $27.89, while it has fallen to a 52-week low of $16.95. The 50-Day Moving Average of the stock is -13.04%, while the 200-Day Moving Average is calculated to be -17.16%.
Shares Statistics:
Over the past 3-months, IGT traded about 969.55K shares per day on average, while over the past 10 days, IGT traded about 1168900 shares per day. A total of 202.00M shares are outstanding, with a floating share count of 109.98M. Insiders hold about 45.55% of the company’s shares, while institutions hold 45.63% stake in the company. Shares short for IGT as of 1732838400 were 1941924 with a Short Ratio of 1.80, compared to 1730332800 on 1812769. Therefore, it implies a Short% of Shares Outstanding of 1941924 and a Short% of Float of 1.7000000000000002.
Dividends & Splits
IGT’s forward annual dividend rate is 0.80, up from 0.8 a year ago. Against a Trailing Annual Dividend Yield of 0.046811The stock’s 5-year Average Dividend Yield is 4.51.