International Game Technology (NYSE:IGT) Rating Lowered to Buy at StockNews.com – Journal Global Web

International Game Technology (NYSE:IGT – Get Free Report) was downgraded by equities investigate analysts at StockNews.com from a “strong-buy” judgement to a “buy” judgement in a investigate inform issued on Friday.

IGT has been the person of individual another investigate reports. B. poet began programme on shares of International Game Technology in a inform on Friday, Apr 5th. They ordered a “buy” judgement and a $30.00 toll direct for the company. Argus down their toll direct on shares of International Game Technology from $30.00 to $27.00 and ordered a “buy” judgement for the consort in a inform on Wednesday, March 13th. river down their toll direct on shares of International Game Technology from $40.00 to $33.00 and ordered a “positive” judgement for the consort in a inform on Thursday, May 16th. Truist Financial down their toll direct on shares of International Game Technology from $26.00 to $23.00 and ordered a “hold” judgement for the consort in a inform on Wednesday, May 15th. Finally, Stifel Nicolaus upgraded shares of International Game Technology from a “hold” judgement to a “buy” judgement and upraised their toll direct for the hit from $24.00 to $26.00 in a inform on Thursday, May 30th. Two equities investigate analysts hit rated the hit with a stop judgement and fivesome hit issued a acquire judgement to the company. According to accumulation from MarketBeat, the hit currently has an cipher judgement of “Moderate Buy” and a consensus direct toll of $28.00.

Read Our Latest Stock Analysis on IGT

International Game Technology Stock Down 0.9 %

NYSE:IGT unsealed at $19.98 on Friday. The firm’s 50 punctuation ultimate agitated cipher is $20.26 and its 200 punctuation ultimate agitated cipher is $23.01. The consort has a debt-to-equity ratio of 2.59, a underway ratio of 0.80 and a hurried ratio of 0.67. International Game Technology has a digit assemblage baritone of $18.90 and a digit assemblage broad of $33.99. The consort has a mart container of $3.98 billion, a PE ratio of 19.03 and a beta of 1.98.

International Game Technology (NYSE:IGT – Get Free Report) terminal posted its earnings results on Tuesday, May 14th. The consort reportable $0.46 EPS for the quarter, superior the consensus judge of $0.29 by $0.17. International Game Technology had a gain edge of 4.98% and a convey on justness of 20.84%. The playing had income of $1.07 1000000000 for the quarter, compared to the consensus judge of $1.03 billion. During the aforementioned punctuation terminal year, the consort attained $0.49 EPS. The firm’s income was up .7% compared to the aforementioned lodge terminal year. On average, investigate analysts look that International Game Technology module place 1.53 earnings per deal for the underway year.

Institutional Trading of International Game Technology

Several inclose assets hit fresh restricted their holdings of the stock. Raymond saint Financial Services Advisors Inc. accumulated its wager in shares of International Game Technology by 10.6% in the 4th quarter. Raymond saint Financial Services Advisors Inc. today owns 8,425 shares of the company’s hit valued at $231,000 after feat an added 805 shares in the terminal quarter. SG Americas Securities LLC grew its function in International Game Technology by 10.8% in the 1st quarter. SG Americas Securities LLC today owns 8,607 shares of the company’s hit valued at $194,000 after purchase an added 836 shares during the period. designer Wealth Management LLC acquired a newborn wager in International Game Technology in the 4th lodge valued at $25,000. Mirae Asset Global Investments Co. Ltd. grew its function in International Game Technology by 2.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. today owns 49,393 shares of the company’s hit valued at $1,354,000 after purchase an added 973 shares during the period. Finally, Scotsman Capital Management LLC acquired a newborn wager in International Game Technology in the 4th lodge valued at $27,000. Institutional investors possess 44.33% of the company’s stock.

About International Game Technology

(Get Free Report)

International Game Technology PLC operates and provides recreation profession products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates finished threesome segments: Global Lottery, Global Gaming, and PlayDigital. The consort designs, sells, operates, and leases a flat of point-of-sale machines that reconciles drawing assets between the merchandiser and drawing authority; provides online drawing dealings processing systems; produces fast listing games; and offers publication services, much as fast listing marketing plans and realistic design, programming, packaging, shipping, and conveying services, as substantially as iLottery solutions and services.

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