International Game Technology PLC [IGT] stock is trading at $17.38, up 0.87%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The IGT shares have gain 1.58% over the last week, with a monthly amount glided 1.76%, and 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 [IGT] stock has fluctuated between $16.83 and $27.27 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. International Game Technology PLC [NYSE: IGT] shares were valued at $17.38 at the most recent close of the market. An investor can expect a potential return of 15.07% based on the average IGT price forecast.
Analyzing the IGT fundamentals
International Game Technology PLC [NYSE:IGT] reported sales of 3.83B for the trailing twelve months, which represents a drop of -44.83%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.89.
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 17.24 points at the first support level, and at 17.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.53, and for the 2nd resistance point, it is at 17.69.
Ratios To Look Out For
For context, International Game Technology PLC’s Current Ratio is 2.36. In addition, the Quick Ratio stands at 2.31 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 28.70.
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.
