International Game Technology (IGT) Projected to Post Earnings on Tuesday

International Game Technology (NYSE:IGT - Get Free Report) is anticipated to release its earnings data before the market opens on Tuesday, February 25th. Analysts expect International Game Technology to post earnings of $0.32 per share and revenue of $657.84 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

International Game Technology Stock Performance

Shares of IGT traded down $0.25 during midday trading on Friday, hitting $17.96. 1,303,045 shares of the stock traded hands, compared to its average volume of 1,357,148. International Game Technology has a 1-year low of $16.42 and a 1-year high of $27.27. The firm has a market capitalization of $3.59 billion, a PE ratio of 29.93 and a beta of 1.91. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.31 and a current ratio of 2.36. The business's 50 day moving average price is $17.32 and its two-hundred day moving average price is $19.62.

Analyst Ratings Changes

Several brokerages have recently issued reports on IGT. Truist Financial reduced their price target on shares of International Game Technology from $23.00 to $20.00 and set a "hold" rating for the company in a report on Tuesday, January 14th. StockNews.com raised shares of International Game Technology from a "hold" rating to a "buy" rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $28.00.

International Game Technology Company Profile

International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. 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, as well as iLottery solutions and services.