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NYSE:IGTInternational Game Technology Stock Price, Forecast & News

$10.80
+0.50 (+4.85 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$10.66
Now: $10.80
$11.19
50-Day Range
$6.24
MA: $7.44
$9.89
52-Week Range
$3.59
Now: $10.80
$16.25
Volume4.95 million shs
Average Volume3.47 million shs
Market Capitalization$2.21 billion
P/E RatioN/A
Dividend Yield7.77%
Beta1.87
International Game Technology PLC operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy. It designs, sells, and operates a suite of point-of-sale terminals 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. The company also provides video lottery terminals (VLT), VLT central systems, and VLT games; and amusement with prize machines and games to licensed operators. In addition, it provides sports betting platform that offers betting on sports and motor sports events, as well as non-sporting events; interactive and social gaming, which enables game play through the Internet; gaming management systems for casino management, customer relationship management, patron management, and server-based gaming; and designs, develops, manufactures, and provides cabinets, games, systems, and software. Further, the company 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 transfers services. Additionally, it designs, manufactures, and distributes poker, online casino table games, slot games, bingo, virtual reality, and player account management systems 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 incorporated in 2014 and is headquartered in London, the United Kingdom.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.81 out of 5 stars


Industry, Sector and Symbol

Industry Miscellaneous amusement & recreation services
Sub-IndustryCasinos & Gaming
CUSIP45990210
Phone44-20-7535-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.79 billion
Cash Flow$5.97 per share
Book Value$12.17 per share

Profitability

Net Income$-19,020,000.00

Miscellaneous

Employees11,922
Market Cap$2.21 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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International Game Technology (NYSE:IGT) Frequently Asked Questions

How has International Game Technology's stock been impacted by COVID-19 (Coronavirus)?

International Game Technology's stock was trading at $6.73 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, IGT shares have increased by 60.5% and is now trading at $10.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of International Game Technology?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Game Technology in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for International Game Technology.

When is International Game Technology's next earnings date?

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

How were International Game Technology's earnings last quarter?

International Game Technology PLC (NYSE:IGT) released its quarterly earnings results on Monday, May, 18th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.10. The company had revenue of $940 million for the quarter, compared to the consensus estimate of $935.49 million. International Game Technology had a positive return on equity of 8.68% and a negative net margin of 6.71%. The company's revenue was down 17.9% compared to the same quarter last year. During the same period last year, the firm earned $0.12 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 Wednesday, February 26th. Shareholders of record on Tuesday, March 17th will be paid a dividend of $0.20 per share on Tuesday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 7.41%. The ex-dividend date of this dividend is Monday, March 16th. View International Game Technology's dividend history.

What price target have analysts set for IGT?

7 equities research analysts have issued 1 year price targets for International Game Technology's shares. Their forecasts range from $5.00 to $17.00. On average, they anticipate International Game Technology's share price to reach $9.62 in the next twelve months. This suggests that the stock has a possible downside of 11.0%. View analysts' price targets for International Game Technology.

Has International Game Technology been receiving favorable news coverage?

Press coverage about IGT stock has been trending negative on Saturday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by reviewing 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. International Game Technology earned a news sentiment score of -2.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutInternational Game Technology.

Are investors shorting International Game Technology?

International Game Technology saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,100,000 shares, an increase of 8.2% from the April 30th total of 6,560,000 shares. Based on an average daily volume of 3,490,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 7.2% of the company's stock are sold short. View International Game Technology's Current Options Chain.

Who are some of International Game Technology's key competitors?

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), Verizon Communications (VZ), Exxon Mobil (XOM), CVS Health (CVS), Gilead Sciences (GILD), Bristol-Myers Squibb (BMY), NVIDIA (NVDA) and Boeing (BA).

Who are International Game Technology's key executives?

International Game Technology's management team includes the following people:
  • Mr. Marco Sala, CEO & Exec. Director (Age 60)
  • Mr. Alberto Fornaro, Exec. VP & CFO (Age 54)
  • Mr. Renato Ascoli, Chief Exec. Officer of North America (Age 58)
  • Mr. Walter Bugno, Chief Exec. Officer of International (Age 59)
  • Mr. Fabio Celadon, Sr. VP of Gaming Portfolio (Age 47)

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 a variety of institutional and retail investors. Top institutional investors include Invesco Ltd. (3.16%), BlackRock Inc. (1.25%), Nuveen Asset Management LLC (1.22%), Peregrine Capital Management LLC (1.11%), Deprince Race & Zollo Inc. (0.66%) and State Street Corp (0.56%). View institutional ownership trends for International Game Technology.

Which major investors are selling International Game Technology stock?

IGT stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Geode Capital Management LLC, Two Sigma Advisers LP, First Trust Advisors LP, Nisa Investment Advisors LLC, Invesco Ltd., Cipher Capital LP, and NEXT Financial Group Inc. View insider buying and selling activity for International Game Technology.

Which major investors are buying International Game Technology stock?

IGT stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, Morgan Stanley, Morgan Stanley, Russell Investments Group Ltd., Wells Fargo & Company MN, Squarepoint Ops LLC, and Peregrine Capital Management LLC. View insider buying and selling activity for International Game Technology.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is International Game Technology's stock price today?

One share of IGT stock can currently be purchased for approximately $10.80.

How big of a company is International Game Technology?

International Game Technology has a market capitalization of $2.21 billion and generates $4.79 billion in revenue each year. The company earns $-19,020,000.00 in net income (profit) each year or $1.08 on an earnings per share basis. International Game Technology employs 11,922 workers across the globe.

What is International Game Technology's official website?

The official website for International Game Technology is www.igt.com.

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 company can be reached via phone at 44-20-7535-3200 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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