NASDAQ:SGMS - Scientific Games Stock Price, Forecast & News

Scientific Games trades on the NASDAQ under the ticker symbol "SGMS."

Scientific Games Corp (NASDAQ:SGMS) posted its quarterly earnings results on Tuesday, February, 18th. The technology company reported ($0.46) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.22 by $0.68. The technology company earned $863 million during the quarter, compared to the consensus estimate of $895.32 million. Scientific Games had a negative net margin of 3.82% and a negative return on equity of 0.53%. The firm's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.21 earnings per share. View Scientific Games' Earnings History.

Scientific Games is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Scientific Games.

6 brokerages have issued 12-month price targets for Scientific Games' shares. Their forecasts range from $21.00 to $55.00. On average, they anticipate Scientific Games' stock price to reach $33.40 in the next twelve months. This suggests a possible upside of 83.1% from the stock's current price. View Analyst Price Targets for Scientific Games.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scientific Games in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Scientific Games.

Media stories about SGMS stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Scientific Games earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Scientific Games.

Scientific Games saw a drop in short interest in February. As of February 14th, there was short interest totalling 8,510,000 shares, a drop of 5.5% from the January 30th total of 9,010,000 shares. Based on an average daily trading volume, of 720,200 shares, the days-to-cover ratio is presently 11.8 days. Currently, 15.6% of the company's stock are short sold. View Scientific Games' Current Options Chain.

Some companies that are related to Scientific Games include Las Vegas Sands (LVS), MGM Resorts International (MGM), Wynn Resorts (WYNN), Caesars Entertainment (CZR), Churchill Downs (CHDN), Advanced Drainage Systems (WMS), Penn National Gaming (PENN), Boyd Gaming (BYD), International Game Technology (IGT), Monarch Casino & Resort (MCRI) and MTR Gaming Group (MNTG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Scientific Games investors own include Walt Disney (DIS), Netflix (NFLX), NVIDIA (NVDA), Twitter (TWTR), Metlife (MET), Activision Blizzard (ATVI), Roku (ROKU), Alibaba Group (BABA), Bitauto (BITA) and AT&T (T).

Scientific Games' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fine Capital Partners L.P. (9.77%), State Street Corp (1.84%), Goldman Sachs Group Inc. (1.09%), Geode Capital Management LLC (1.06%), Bank of New York Mellon Corp (0.63%) and Hennessy Advisors Inc. (0.61%). Company insiders that own Scientific Games stock include Barry F Schwartz, Barry L Cottle, Derik Mooberry, Gabrielle K Mcdonald, Michael Gavin Isaacs, Michael Winterscheidt, Peter A Cohen, Richard M Haddrill and Ronald O Perelman. View Institutional Ownership Trends for Scientific Games.

SGMS stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, FMR LLC, Renaissance Technologies LLC, Penn Capital Management Co. Inc., Credit Suisse AG, Royce & Associates LP, Maverick Capital Ltd. and New York State Common Retirement Fund. Company insiders that have sold Scientific Games company stock in the last year include Derik Mooberry and Richard M Haddrill. View Insider Buying and Selling for Scientific Games.

SGMS stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Goldman Sachs Group Inc., Vaughan Nelson Investment Management L.P., Geode Capital Management LLC, Castleark Management LLC, Jacobs Levy Equity Management Inc., State of New Jersey Common Pension Fund D and EAM Investors LLC. Company insiders that have bought Scientific Games stock in the last two years include Barry F Schwartz, Barry L Cottle and Ronald O Perelman. View Insider Buying and Selling for Scientific Games.

Shares of SGMS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SGMS stock can currently be purchased for approximately $18.24.

Scientific Games has a market capitalization of $1.71 billion and generates $3.40 billion in revenue each year. The technology company earns $-130,000,000.00 in net income (profit) each year or $0.23 on an earnings per share basis. Scientific Games employs 9,800 workers across the globe.View Additional Information About Scientific Games.

The official website for Scientific Games is http://www.scientificgames.com/.

Scientific Games' mailing address is 6601 BERMUDA ROAD, LAS VEGAS NV, 89119. The technology company can be reached via phone at 702-897-7150 or via email at [email protected]