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

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

Scientific Games Corp (NASDAQ:SGMS) issued its quarterly earnings data on Tuesday, February, 18th. The technology company reported ($0.46) earnings per share for the quarter, missing the Thomson Reuters' 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%. Scientific Games's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the previous year, the company 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 target prices for Scientific Games' stock. Their forecasts range from $21.00 to $55.00. On average, they anticipate Scientific Games' share price to reach $33.40 in the next twelve months. This suggests a possible upside of 60.0% 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.

Headlines about SGMS stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scientific Games earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Scientific Games.

Scientific Games saw a increase in short interest in January. As of January 31st, there was short interest totalling 9,010,000 shares, an increase of 5.6% from the January 15th total of 8,530,000 shares. Based on an average daily trading volume, of 732,200 shares, the days-to-cover ratio is presently 12.3 days. Approximately 16.5% of the company's shares 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), Penn National Gaming (PENN), Advanced Drainage Systems (WMS), 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 many different of retail and institutional investors. Top institutional investors 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 $20.88.

Scientific Games has a market capitalization of $1.96 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]