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Get 1TB of Top-Rated Cloud Storage for Life for Just $112
New Shift Could Soon Affect All Americans (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
The Safest Option in Trades! (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Labour conference starts with focus on 'immoral' tax cuts
The Safest Option in Trades! (Ad)pixel
Poverty and inflation: Egypt's economy hit by global turmoil
Kim Kardashian culls Dolce & Gabbana archives for Milan show
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
New Shift Could Soon Affect All Americans (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
The Safest Option in Trades! (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Labour conference starts with focus on 'immoral' tax cuts
The Safest Option in Trades! (Ad)pixel
Poverty and inflation: Egypt's economy hit by global turmoil
Kim Kardashian culls Dolce & Gabbana archives for Milan show
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
New Shift Could Soon Affect All Americans (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Poverty, inflation, fear: Egypt's economy pushed to brink
The Safest Option in Trades! (Ad)pixel
German leader continues Gulf tour with stops in UAE, Qatar
Labour conference starts with focus on 'immoral' tax cuts
The Safest Option in Trades! (Ad)pixel
Poverty and inflation: Egypt's economy hit by global turmoil
Kim Kardashian culls Dolce & Gabbana archives for Milan show

International Game Technology - IGT Stock Forecast, Price & News

$15.43
-0.54 (-3.38%)
(As of 09/23/2022 12:00 AM ET)
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Compare
Today's Range
$15.01
$15.72
50-Day Range
$15.43
$22.64
52-Week Range
$15.01
$32.95
Volume
1.57 million shs
Average Volume
1.17 million shs
Market Capitalization
$3.14 billion
P/E Ratio
20.04
Dividend Yield
5.18%
Price Target
$35.00

International Game Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
126.8% Upside
$35.00 Price Target
Short Interest
Healthy
4.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
1.05mentions of International Game Technology in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
86.59%
From $0.82 to $1.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Consumer Discretionary Sector

98th out of 276 stocks

Miscellaneous Amusement & Recreation Services Industry

8th out of 17 stocks

IGT stock 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.

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IGT Stock News Headlines

10 Stocks to Buy According to Don Morgan’s Brigade Capital
International Game Technology Q2 Earnings Summary
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IGT Company Calendar

Last Earnings
11/09/2021
Ex-Dividend for 8/30 Dividend
8/15/2022
Dividend Payable
8/30/2022
Today
9/25/2022
Next Earnings (Estimated)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$35.00
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+126.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$482 million
Pretax Margin
11.03%

Debt

Sales & Book Value

Annual Sales
$4.09 billion
Cash Flow
$3.00 per share
Book Value
$9.68 per share

Miscellaneous

Free Float
201,162,000
Market Cap
$3.14 billion
Optionable
Optionable
Beta
1.82

Key Executives

  • Mr. Marco Sala (Age 63)
    Exec. Chairman
    Comp: $8.17M
  • Mr. Vincent L. Sadusky (Age 57)
    CEO & Exec. Director
    Comp: $140k
  • Mr. Massimiliano Chiara (Age 53)
    Exec. VP, CFO & Director
    Comp: $2.77M
  • Mr. Timothy M. Rishton (Age 56)
    Sr. VP & Chief Accounting Officer
  • Mr. James Hurley
    Sr. VP of Investor Relations
  • Mr. Christopher C. Spears (Age 54)
    Exec. VP & Gen. Counsel
  • Ms. Wendy Montgomery (Age 58)
    Sr. VP of Marketing, Communications & Sustainability
  • Mr. Ken Bossingham (Age 58)
    Sr. VP of Sales
  • Mr. Fabio Celadon (Age 50)
    Exec. VP of Strategy & Corp. Devel.
  • Ms. Dorothy Costa (Age 50)
    Sr. VP of People & Transformation













IGT Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IGT shares.
View IGT analyst ratings
or view top-rated stocks.

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

6 Wall Street research analysts have issued 12 month price targets for International Game Technology's shares. Their IGT share price forecasts range from $26.00 to $63.00. On average, they expect the company's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 126.8% from the stock's current price.
View analysts price targets for IGT
or view top-rated stocks among Wall Street analysts.

How have IGT shares performed in 2022?

International Game Technology's stock was trading at $28.91 at the start of the year. Since then, IGT shares have decreased by 46.6% and is now trading at $15.43.
View the best growth stocks for 2022 here
.

Are investors shorting International Game Technology?

International Game Technology saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 4,170,000 shares, a drop of 16.9% from the July 31st total of 5,020,000 shares. Based on an average daily volume of 1,850,000 shares, the short-interest ratio is currently 2.3 days. Currently, 4.1% of the shares of the stock are short sold.
View International Game Technology's Short Interest
.

When is International Game Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our IGT earnings forecast
.

How were International Game Technology's earnings last quarter?

International Game Technology PLC (NYSE:IGT) announced its quarterly earnings data on Tuesday, November, 9th. The company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.10. The business had revenue of $984 million for the quarter, compared to analyst estimates of $981 million. International Game Technology had a trailing twelve-month return on equity of 14.56% and a net margin of 3.87%. The business's revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business posted $0.26 EPS.

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 Wednesday, August 3rd. Stockholders of record on Tuesday, August 16th will be paid a dividend of $0.20 per share on Tuesday, August 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date of this dividend is Monday, August 15th.
Read our dividend analysis for IGT
.

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 5.18%. IGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 103.90%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, IGT will have a dividend payout ratio of 52.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IGT.

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

International Game Technology updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. 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 $1.01 billion.

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

252 employees have rated International Game Technology Chief Executive Officer Marco Sala on Glassdoor.com. Marco Sala has an approval rating of 76% among the company'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."

Who are International Game Technology's major shareholders?

International Game Technology's stock is owned by many different institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (3.89%), Lazard Asset Management LLC (3.81%), Goldman Sachs Group Inc. (1.15%), FMR LLC (0.87%), State Street Corp (0.84%) and Vaughan Nelson Investment Management L.P. (0.83%).
View institutional ownership trends
.

How do I buy shares of International Game Technology?

Shares of IGT stock 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 $15.43.

How much money does International Game Technology make?

International Game Technology (NYSE:IGT) has a market capitalization of $3.14 billion and generates $4.09 billion in revenue each year. The company earns $482 million in net income (profit) each year or $0.77 on an earnings per share basis.

How many employees does International Game Technology have?

The company 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 the company 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 9/25/2022 by MarketBeat.com Staff

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