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The price of International Game Technology PLC (NYSE: IGT) closed at $21.16 in the last session, down -0.56% from day before closing price of $21.28. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 0.65 million shares were traded. IGT stock price reached its highest trading level at $21.415 during the session, while it also had its lowest trading level at $21.15.
Ratios:
We take a closer look at IGT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 3.74 whereas as Long-Term Debt/Eq ratio is at 3.27.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when Gunn Scott David bought 2,500 shares for $21.83 per share.
Gunn Scott David bought 2,500 shares of IGT for $54,250 on Sep 16 ’24. On Sep 16 ’24, another insider, Gunn Scott David, who serves as the Officer of the company, bought 651 shares for $21.77 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 4271315200 and an Enterprise Value of 9955319808. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.47, and their Forward P/E ratio for the next fiscal year is 10.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 2.31 whereas that against EBITDA is 6.203.
Stock Price History:
Over the past 52 weeks, IGT has reached a high of $31.85, while it has fallen to a 52-week low of $18.90. The 50-Day Moving Average of the stock is -2.64%, while the 200-Day Moving Average is calculated to be -6.85%.
Shares Statistics:
According to the various share statistics, IGT traded on average about 1.14M shares per day over the past 3-months and 690040 shares per day over the past 10 days. A total of 200.48M shares are outstanding, with a floating share count of 109.25M. Insiders hold about 45.82% of the company’s shares, while institutions hold 45.22% stake in the company. Shares short for IGT as of 1724976000 were 1899260 with a Short Ratio of 1.47, compared to 1722384000 on 2760493. Therefore, it implies a Short% of Shares Outstanding of 1899260 and a Short% of Float of 1.66.
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 0.037593983The stock’s 5-year Average Dividend Yield is 4.51.
