NASDAQ:SGMSScientific Games Stock Price, Forecast & News

Scientific Games' stock was trading at $11.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SGMS stock has increased by 47.5% and is now trading at $16.25. View which stocks have been most impacted by Coronavirus.

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

Scientific Games is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Scientific Games.

Scientific Games Corp (NASDAQ:SGMS) announced its earnings results on Monday, May, 11th. The technology company reported ($0.72) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.50. The technology company earned $725 million during the quarter, compared to the consensus estimate of $748.48 million. Scientific Games had a negative return on equity of 0.53% and a negative net margin of 8.06%. Scientific Games's revenue for the quarter was down 13.4% on a year-over-year basis. During the same period last year, the firm earned ($0.26) EPS. View Scientific Games' earnings history.

6 Wall Street analysts have issued 1 year price targets for Scientific Games' stock. Their forecasts range from $11.00 to $55.00. On average, they expect Scientific Games' stock price to reach $28.20 in the next year. This suggests a possible upside of 73.5% from the stock's current price. View analysts' price targets for Scientific Games.

News articles about SGMS stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scientific Games earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutScientific Games.

Scientific Games saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 10,060,000 shares, a decline of 7.4% from the April 30th total of 10,860,000 shares. Based on an average daily trading volume, of 2,190,000 shares, the short-interest ratio is presently 4.6 days. Currently, 18.0% of the shares of the company are sold short. View Scientific Games' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Scientific Games investors own include Walt Disney (DIS), Netflix (nflx), Roku (ROKU), NVIDIA (NVDA), AT&T (T), Alibaba Group (BABA), Twitter (TWTR), Activision Blizzard (ATVI), Carnival (CCL) and General Electric (GE).

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

Scientific Games' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.45%), Morgan Stanley (3.22%), Morgan Stanley (3.22%), State Street Corp (1.81%), Geode Capital Management LLC (0.99%) and Bank of New York Mellon Corp (0.57%). Company insiders that own Scientific Games stock include Barry F Schwartz, Barry L Cottle, Derik Mooberry, Gabrielle K Mcdonald, Michael Winterscheidt, 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 Two Sigma Investments LP, Nuveen Asset Management LLC, BlackRock Inc., New York State Common Retirement Fund, UBS Group AG, Jane Street Group LLC, Principal Financial Group Inc., and Whitebox Advisors LLC. 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 activity for Scientific Games.

SGMS stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Russell Investments Group Ltd., Wolverine Asset Management LLC, Federated Hermes Inc., Trexquant Investment LP, Vaughan Nelson Investment Management L.P., and Connor Clark & Lunn Investment Management Ltd.. 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 activity 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 $16.25.

Scientific Games has a market capitalization of $1.54 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.

The official website for Scientific Games is 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]