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International Game Technology PLC (NYSE: IGT) closed the day trading at $20.61 down -0.77% from the previous closing price of $20.77. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.63 million shares were traded. IGT stock price reached its highest trading level at $20.62 during the session, while it also had its lowest trading level at $20.415.
Ratios:
For a better understanding of IGT, let’s look at its different ratios. 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:
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 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 4192589312 and an Enterprise Value of 9844219904. As of this moment, International’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.93, and their Forward P/E ratio for the next fiscal year is 10.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 2.76. Its current Enterprise Value per Revenue stands at 2.284 whereas that against EBITDA is 6.133.
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 -5.28%, while the 200-Day Moving Average is calculated to be -8.56%.
Shares Statistics:
Over the past 3-months, IGT traded about 1.05M shares per day on average, while over the past 10 days, IGT traded about 909610 shares per day. 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 45.20% stake in the company. Shares short for IGT as of 1726185600 were 1679167 with a Short Ratio of 1.60, compared to 1723680000 on 2178008. Therefore, it implies a Short% of Shares Outstanding of 1679167 and a Short% of Float of 1.47.
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 0.03851709The stock’s 5-year Average Dividend Yield is 4.51.
