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International Game Technology PLC (NYSE:IGT – Get Free Report) was the recipient of some uncommon choices buying and selling exercise on Friday. Traders bought 25,600 name choices on the inventory. This represents a rise of 724% in comparison with the common every day quantity of three,105 name choices.
International Game Technology Price Performance
NYSE:IGT traded down $0.63 throughout buying and selling hours on Friday, reaching $32.57. 2,583,700 shares of the corporate have been exchanged, in comparison with its common quantity of 1,242,448. The firm has a present ratio of 1.16, a fast ratio of 0.99 and a debt-to-equity ratio of two.95. The inventory’s 50-day shifting common is $32.09 and its 200-day shifting common is $28.97. The agency has a market cap of $6.48 billion, a PE ratio of 24.67 and a beta of 1.96. International Game Technology has a twelve month low of $15.01 and a twelve month excessive of $33.99.
International Game Technology (NYSE:IGT – Get Free Report) final issued its earnings outcomes on Tuesday, August 1st. The firm reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The enterprise had income of $1.06 billion through the quarter, in comparison with analysts’ expectations of $1.03 billion. International Game Technology had a internet margin of 6.30% and a return on fairness of 27.29%. On common, sell-side analysts anticipate that International Game Technology will submit 1.77 earnings per share for the present fiscal 12 months.
International Game Technology Dividend Announcement
The agency additionally lately introduced a quarterly dividend, which was paid on Tuesday, August twenty ninth. Stockholders of document on Tuesday, August fifteenth got a $0.20 dividend. This represents a $0.80 dividend on an annualized foundation and a dividend yield of two.46%. The ex-dividend date was Monday, August 14th. International Game Technology’s dividend payout ratio (DPR) is 60.61%.
Wall Street Analysts Forecast Growth
Several analysis companies lately issued stories on IGT. StockNews.com minimize shares of International Game Technology from a “strong-buy” score to a “buy” score in a analysis observe on Thursday. Stifel Nicolaus boosted their goal worth on shares of International Game Technology from $32.00 to $38.00 in a analysis observe on Monday, June twenty sixth. Susquehanna boosted their goal worth on shares of International Game Technology from $49.00 to $54.00 and gave the corporate a “positive” score in a analysis observe on Wednesday, August 2nd. Finally, Truist Financial restated a “buy” score and set a $37.00 worth goal on shares of International Game Technology in a analysis report on Friday. Six analysts have rated the inventory with a purchase score, According to information from MarketBeat.com, International Game Technology has a mean score of “Buy” and a consensus goal worth of $45.17.
Check Out Our Latest Analysis on International Game Technology
Institutional Investors Weigh In On International Game Technology
Quite a few hedge funds have lately modified their holdings of the enterprise. Comerica Bank acquired a brand new stake in shares of International Game Technology within the second quarter valued at about $88,540,000. VisionPoint Advisory Group LLC acquired a brand new stake in shares of International Game Technology within the second quarter valued at about $45,000. Osaic Holdings Inc. raised its place in shares of International Game Technology by 119.5% within the second quarter. Osaic Holdings Inc. now owns 64,194 shares of the corporate’s inventory valued at $2,043,000 after shopping for an extra 34,943 shares over the last quarter. Nuveen Asset Management LLC raised its place in shares of International Game Technology by 1.0% within the second quarter. Nuveen Asset Management LLC now owns 1,535,607 shares of the corporate’s inventory valued at $48,971,000 after shopping for an extra 15,201 shares over the last quarter. Finally, GTS Securities LLC bought a brand new stake in shares of International Game Technology within the second quarter valued at about $1,822,000. 44.33% of the inventory is at the moment owned by institutional traders and hedge funds.
About International Game Technology
International Game Technology PLC operates and offers gaming expertise services and products in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. It operates in three segments: Global Lottery, Global Gaming, and Digital & Betting. The firm designs, sells, operates, and leases a collection of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; offers on-line lottery transaction processing methods; produces prompt ticket video games; and provides printing companies, resembling prompt ticket advertising and marketing plans and graphic design, programming, packaging, delivery, and supply companies, in addition to iLottery options and companies.
Further Reading
This prompt information alert was generated by narrative science expertise and monetary information from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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