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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:IGT

International Game Technology Stock Forecast, Price & News

$19.30
+0.74 (+3.99%)
(As of 07/1/2022 08:44 PM ET)
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Today's Range
$18.40
$19.38
50-Day Range
$17.94
$23.05
52-Week Range
$17.27
$32.95
Volume
2.29 million shs
Average Volume
1.94 million shs
Market Capitalization
$3.93 billion
P/E Ratio
8.46
Dividend Yield
4.15%
Price Target
$40.80

International Game Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
111.4% Upside
$40.80 Price Target
Short Interest
Bearish
6.12% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
-0.28mentions of International Game Technology in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.43%
From $1.40 to $1.77 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.39 out of 5 stars

Consumer Discretionary Sector

103rd out of 398 stocks

Miscellaneous Amusement & Recreation Services Industry

4th out of 23 stocks

30 days | 90 days | 365 days | Advanced Chart

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International Game Technology logo

About International Game Technology (NYSE:IGT) Stock

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. It also designs, develops, assembles, and provides cabinets, games, systems, and software for the gaming market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming. In addition, the company provides video lottery terminals (VLT), VLT central systems, and VLT games. Further, it offers digital gaming and betting; sports betting; and technology and management services. Additionally, the company provides digital gaming products and services, including blackjack, roulette, slot games, poker, bingo, and other casino card games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offer player account management, advanced marketing and analytical, and payment system services. It processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfer services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC is a subsidiary of De Agostini S.p.A.

IGT Stock News Headlines

International Game Technology Reveals Drop In Q1 Income
See More Headlines

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Casinos & Gaming
CUSIP
45990210
Employees
10,486
Year Founded
N/A

Company Calendar

Last Earnings
5/10/2022
Ex-Dividend for 6/7 Dividend
5/23/2022
Dividend Payable
6/07/2022
Today
7/03/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$40.80
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+111.4%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
5 Analysts

Profitability

Net Income
$482 million
Pretax Margin
10.28%

Debt

Sales & Book Value

Annual Sales
$4.09 billion
Cash Flow
$3.01 per share
Book Value
$9.68 per share

Miscellaneous

Free Float
201,162,000
Market Cap
$3.93 billion
Optionable
Optionable
Beta
1.91














International Game Technology Frequently Asked Questions

Should I buy or sell International Game Technology stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" International Game Technology stock.
View analyst ratings for International Game Technology
or view top-rated stocks.

What is International Game Technology's stock price forecast for 2022?

5 equities research analysts have issued 12 month price targets for International Game Technology's shares. Their IGT stock forecasts range from $26.00 to $63.00. On average, they anticipate International Game Technology's stock price to reach $40.80 in the next year. This suggests a possible upside of 111.4% from the stock's current price.
View analysts' price targets for International Game Technology
or view top-rated stocks among Wall Street analysts.

How has International Game Technology's stock performed in 2022?

International Game Technology's stock was trading at $28.91 at the beginning of the year. Since then, IGT shares have decreased by 33.2% and is now trading at $19.30.
View the best growth stocks for 2022 here
.

Are investors shorting International Game Technology?

International Game Technology saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 6,290,000 shares, an increase of 19.8% from the May 31st total of 5,250,000 shares. Based on an average daily trading volume, of 1,980,000 shares, the short-interest ratio is currently 3.2 days. Approximately 6.1% of the company's shares are sold short.
View International Game Technology's Short Interest
.

When is International Game Technology's next earnings date?

International Game Technology is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for International Game Technology
.

How were International Game Technology's earnings last quarter?

International Game Technology PLC (NYSE:IGT) posted its quarterly earnings results on Tuesday, May, 10th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.05. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. International Game Technology had a net margin of 11.37% and a trailing twelve-month return on equity of 3.35%. The business's revenue was up 3.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 EPS.
View International Game Technology's earnings history
.

How often does International Game Technology pay dividends? What is the dividend yield for International Game Technology?

International Game Technology announced a quarterly dividend on Tuesday, May 10th. Shareholders of record on Tuesday, May 24th will be given a dividend of $0.20 per share on Tuesday, June 7th. This represents a $0.80 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend is Monday, May 23rd.
View International Game Technology's dividend history
.

Is International Game Technology a good dividend stock?

International Game Technology(NYSE:IGT) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.15%. IGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of International Game Technology is 35.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, International Game Technology will have a dividend payout ratio of 45.20% next year. This indicates that International Game Technology will be able to sustain or increase its dividend.
View International Game Technology's dividend history.

What guidance has International Game Technology issued on next quarter's earnings?

International Game Technology updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.00 billion-$1.10 billion, compared to the consensus revenue estimate of $1.04 billion.

Who are International Game Technology's key executives?

International Game Technology's management team includes the following people:
  • Mr. Marco Sala, Exec. Chairman (Age 63, Pay $8.17M)
  • Mr. Vincent L. Sadusky, CEO & Exec. Director (Age 57, Pay $140k)
  • Mr. Massimiliano Chiara, Exec. VP, CFO & Director (Age 53, Pay $2.77M)
  • Mr. Timothy M. Rishton, Sr. VP & Chief Accounting Officer (Age 56)
  • Mr. James Hurley, Sr. VP of Investor Relations
  • Mr. Christopher C. Spears, Exec. VP & Gen. Counsel (Age 53)
  • Ms. Wendy Montgomery, Sr. VP of Marketing, Communications & Sustainability (Age 58)
  • Mr. Ken Bossingham, Sr. VP of Sales (Age 58)
  • Mr. Fabio Celadon, Exec. VP of Strategy & Corp. Devel. (Age 50)
  • Ms. Dorothy Costa, Sr. VP of People & Transformation (Age 50)

What is Marco Sala's approval rating as International Game Technology's CEO?

252 employees have rated International Game Technology CEO Marco Sala on Glassdoor.com. Marco Sala has an approval rating of 76% among International Game Technology's employees.

What other stocks do shareholders of International Game Technology own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Game Technology investors own include AT&T (T), Walt Disney (DIS), Bank of America (BAC), Exxon Mobil (XOM), Verizon Communications (VZ), AbbVie (ABBV), CVS Health (CVS), NVIDIA (NVDA), General Electric (GE) and Gilead Sciences (GILD).

What is International Game Technology's stock symbol?

International Game Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "IGT."

How do I buy shares of International Game Technology?

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

What is International Game Technology's stock price today?

One share of IGT stock can currently be purchased for approximately $19.30.

How much money does International Game Technology make?

International Game Technology (NYSE:IGT) has a market capitalization of $3.93 billion and generates $4.09 billion in revenue each year. The company earns $482 million in net income (profit) each year or $2.279990 on an earnings per share basis.

How many employees does International Game Technology have?

International Game Technology employs 10,486 workers across the globe.

How can I contact International Game Technology?

International Game Technology's mailing address is 66 SEYMOUR STREET SECOND FLOOR MARBLE ARCH HOUSE, LONDON X0, W1H 5BT. The official website for International Game Technology is www.igt.com. The company can be reached via phone at 442075353200, via email at investor_relations@igt.com, or via fax at 44-20-7535-3200.

This page (NYSE:IGT) was last updated on 7/4/2022 by MarketBeat.com Staff

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