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NYSE:IGT

International Game Technology (IGT) Stock Price, News & Analysis

$21.68
-0.28 (-1.28%)
(As of 09/6/2024 ET)
Today's Range
$21.62
$22.25
50-Day Range
$19.84
$23.77
52-Week Range
$18.90
$33.48
Volume
622,491 shs
Average Volume
1.19 million shs
Market Capitalization
$4.32 billion
P/E Ratio
20.65
Dividend Yield
3.69%
Price Target
$28.67

International Game Technology MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
32.2% Upside
$28.67 Price Target
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.34
Upright™ Environmental Score
News Sentiment
0.99mentions of International Game Technology in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.70%
From $1.48 to $1.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Consumer Discretionary Sector

50th out of 269 stocks

Miscellaneous Amusement & Recreation Services Industry

4th out of 17 stocks

IGT stock logo

About International Game Technology Stock (NYSE:IGT)

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. 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, such as infrastructure and applications, 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 products, such as slot games, blackjack, roulette, poker, bingo, and other casino card games; iGaming systems and digital platforms that offer remote game server solution; and sports betting technology and management services to licensed sports betting operators. 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 incorporated 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 Price History

IGT Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
IGT Sep 2024 15.000 put (IGT240920P00015000)
See More Headlines
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Company Calendar

Ex-Dividend for 6/13 Dividend
5/30/2024
Dividend Payable
6/13/2024
Last Earnings
7/30/2024
Ex-Dividend for 8/27 Dividend
8/13/2024
Dividend Payable
8/27/2024
Today
9/07/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous amusement & recreation services
Sub-Industry
Casinos & Gaming
CUSIP
45990210
Employees
11,016
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.67
High Stock Price Target
$33.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+32.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$156 million
Pretax Margin
15.12%

Debt

Sales & Book Value

Annual Sales
$4.31 billion
Cash Flow
$5.50 per share
Book Value
$9.43 per share

Miscellaneous

Free Float
196,610,000
Market Cap
$4.32 billion
Optionable
Optionable
Beta
1.98
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Key Executives

  • Mr. Marco Sala (Age 65)
    Executive Chairman
    Comp: $4.69M
  • Mr. Massimiliano Chiara (Age 56)
    Executive VP, CFO & Director
    Comp: $2.69M
  • Mr. Vincent L. Sadusky (Age 59)
    President, CEO & Executive Director
    Comp: $4.22M
  • David T. Morgan (Age 43)
    Senior Vice President & Chief Accounting Officer
  • Mr. James Hurley
    Senior Vice President of Investor Relations
  • Mr. Christopher C. Spears (Age 56)
    Executive VP & General Counsel
  • Ms. Wendy Montgomery (Age 60)
    Senior Vice President of Marketing, Communications & Sustainability
  • Mr. Ken Bossingham (Age 60)
    Senior Vice President of Sales
  • Mr. Fabio Celadon (Age 52)
    Executive Vice President of Strategy & Corporate Development
  • Ms. Dorothy Costa (Age 52)
    Senior Vice President of People & Transformation

IGT Stock Analysis - Frequently Asked Questions

How have IGT shares performed this year?

International Game Technology's stock was trading at $27.41 at the beginning of 2024. Since then, IGT shares have decreased by 20.9% and is now trading at $21.68.
View the best growth stocks for 2024 here
.

How were International Game Technology's earnings last quarter?

International Game Technology PLC (NYSE:IGT) issued its quarterly earnings results on Tuesday, July, 30th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.07. The business's revenue for the quarter was down .6% compared to the same quarter last year.

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.

Who are International Game Technology's major shareholders?

International Game Technology's top institutional shareholders include Massachusetts Financial Services Co. MA (3.89%), Bank of New York Mellon Corp (3.58%), TPG GP A LLC (2.78%) and Deprince Race & Zollo Inc. (1.16%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of International Game Technology own?

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

This page (NYSE:IGT) was last updated on 9/7/2024 by MarketBeat.com Staff

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