A share price of International Game Technology PLC [IGT] is currently trading at $19.92, down -0.75%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IGT shares have gain 3.43% over the last week, with a monthly amount drifted -3.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
International Game Technology PLC [NYSE: IGT] stock has seen the most recent analyst activity on May 30, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $26 from $24. On March 04, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $30 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $30 on March 01, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $29 on January 04, 2024. Susquehanna upgraded its rating to Positive for this stock on May 11, 2023, but kept the price target unchanged to $31. In a note dated April 20, 2023, B. Riley Securities initiated an Buy rating and provided a target price of $43 on this stock.
International Game Technology PLC experienced fluctuations in its stock price throughout the past year between $18.56 and $28.82. Currently, Wall Street analysts expect the stock to reach $28.29 within the next 12 months. International Game Technology PLC [NYSE: IGT] shares were valued at $19.92 at the most recent close of the market. An investor can expect a potential return of 42.02% based on the average IGT price forecast.
Analyzing the IGT fundamentals
Trailing Twelve Months sales for International Game Technology PLC [NYSE:IGT] were 3.83B which represents -44.83% decline. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.72 points at the first support level, and at 19.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.15, and for the 2nd resistance point, it is at 20.37.
Ratios To Look Out For
To put it in perspective, the Current Ratio for International Game Technology PLC [NYSE:IGT] is 2.36. Also, the Quick Ratio is 2.31, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 1.05, the price to book ratio is 2.72 and price to earnings (TTM) ratio is 32.90.
Transactions by insiders
Recent insider trading involved Costa Dorothy, Officer, that happened on Nov 14 ’24 when 15014.0 shares were purchased. Officer, Gunn Scott David completed a deal on Sep 17 ’24 to buy 2500.0 shares. Meanwhile, Officer Gunn Scott David bought 2500.0 shares on Sep 16 ’24.
