Brightstar Lottery (NYSE:BRSL - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.
BRSL has been the subject of several other reports. Argus downgraded Brightstar Lottery from a "buy" rating to a "hold" rating in a research note on Monday, June 29th. Stifel Nicolaus reissued a "buy" rating and set a $19.00 target price (down from $20.00) on shares of Brightstar Lottery in a report on Wednesday, May 13th. Jefferies Financial Group raised shares of Brightstar Lottery from a "hold" rating to a "buy" rating and boosted their target price for the company from $12.00 to $16.00 in a research report on Thursday. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Brightstar Lottery in a research report on Friday, July 10th. Finally, Zacks Research upgraded shares of Brightstar Lottery from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $15.10.
Read Our Latest Stock Report on BRSL
Brightstar Lottery Stock Up 0.9%
Brightstar Lottery stock opened at $11.79 on Friday. The firm has a 50-day moving average of $11.01. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.00 and a current ratio of 1.10. The company has a market cap of $2.20 billion, a PE ratio of 9.07 and a beta of 1.03. Brightstar Lottery has a twelve month low of $9.90 and a twelve month high of $18.57.
Brightstar Lottery (NYSE:BRSL - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.12. Brightstar Lottery had a return on equity of 10.47% and a net margin of 10.05%.The company had revenue of $584.00 million during the quarter. Equities analysts anticipate that Brightstar Lottery will post 0.35 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Gabelli Funds LLC acquired a new stake in Brightstar Lottery during the fourth quarter worth about $7,388,000. Gamco Investors INC. ET AL acquired a new position in shares of Brightstar Lottery in the 4th quarter valued at approximately $4,255,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Brightstar Lottery during the 4th quarter worth approximately $2,012,000. HighTower Advisors LLC acquired a new stake in shares of Brightstar Lottery during the 4th quarter worth approximately $4,541,000. Finally, ProShare Advisors LLC acquired a new stake in shares of Brightstar Lottery during the 4th quarter worth approximately $297,000. Institutional investors and hedge funds own 44.33% of the company's stock.
Brightstar Lottery Company Profile
(
Get Free Report)
International Game Technology PLC operates and provides gaming technology products and services 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 company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services.
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