International Game Technology (IGT) to Release Earnings on Tuesday

International Game Technology (NYSE:IGT - Get Free Report) will be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect International Game Technology to post earnings of $0.30 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

International Game Technology Stock Performance

Shares of International Game Technology stock traded up $0.10 on Tuesday, reaching $20.42. 344,772 shares of the stock were exchanged, compared to its average volume of 1,111,341. International Game Technology has a 1-year low of $18.90 and a 1-year high of $29.17. The business has a fifty day moving average price of $21.18 and a two-hundred day moving average price of $20.90. The firm has a market capitalization of $4.07 billion, a PE ratio of 19.92 and a beta of 1.96. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 2.57.

Analysts Set New Price Targets

IGT has been the subject of several recent analyst reports. Stifel Nicolaus lifted their target price on shares of International Game Technology from $26.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, July 31st. StockNews.com downgraded shares of International Game Technology from a "buy" rating to a "hold" rating in a report on Friday, September 13th. Finally, B. Riley reaffirmed a "buy" rating and set a $30.00 price target on shares of International Game Technology in a research note on Friday, July 26th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $28.67.

About International Game Technology

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.