International Game Technology Stock Analysis
IGT Stock | USD 22.16 0.81 3.79% |
International Game Technology is undervalued with Real Value of 25.96 and Target Price of 36.73. The main objective of International Game stock analysis is to determine its intrinsic value, which is an estimate of what International Game Technology is worth, separate from its market price. There are two main types of International Game's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect International Game's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of International Game's stock to identify patterns and trends that may indicate its future price movements.
The International Game stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. International Game is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. International Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and International Game's ongoing operational relationships across important fundamental and technical indicators.
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International Stock Analysis Notes
About 44.0% of the company shares are held by company insiders. The book value of International Game was currently reported as 7.2. The company has Price/Earnings To Growth (PEG) ratio of 0.39. International Game last dividend was issued on the 25th of March 2024. The entity had 4:1 split on the 3rd of July 2003. International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. International Game Technology PLC is a subsidiary of De Agostini S.p.A. International Game operates under Gambling classification in the United States and is traded on New York Stock Exchange. It employs 10393 people. To learn more about International Game Technology call Enrico Drago at 44 2038 661 240 or check out https://www.igt.com.International Game Quarterly Total Revenue |
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International Game Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. International Game's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding International Game Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
International Game generated a negative expected return over the last 90 days | |
About 44.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: International Game Technology PLC Stock Holdings Decreased by Public Employees Retirement System ... - Defense World |
International Game Upcoming and Recent Events
Earnings reports are used by International Game to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to International Game previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
International Largest EPS Surprises
Earnings surprises can significantly impact International Game's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2014-01-23 | 2013-12-31 | 0.29 | 0.25 | -0.04 | 13 | ||
2020-05-18 | 2020-03-31 | 0.03 | 0.08 | 0.05 | 166 | ||
2023-10-31 | 2023-09-30 | 0.39 | 0.46 | 0.07 | 17 |
International Game Thematic Classifications
In addition to having International Game stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
EntertainmentUSA Equities from Entertainment industry as classified by Fama & French | ||
GamblingEquities that are issued by public entities related to gambling services or online betting technology | ||
CasinosEquities that are issued by public entities related to physical casinos and gambling services or online betting games |
International Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as International Game is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading International Game Technology backward and forwards among themselves. International Game's institutional investor refers to the entity that pools money to purchase International Game's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Amvescap Plc. | 2023-12-31 | 1.9 M | State Street Corporation | 2023-09-30 | 1.8 M | Nuveen Asset Management, Llc | 2023-09-30 | 1.5 M | Deprince Race & Zollo Inc | 2023-12-31 | 1.5 M | Citadel Advisors Llc | 2023-09-30 | 1.3 M | Vanguard Group Inc | 2023-09-30 | 1.3 M | Norges Bank | 2023-12-31 | 1.3 M | Goldman Sachs Group Inc | 2023-09-30 | 1.2 M | Mangrove Partners | 2023-12-31 | 1.1 M | Bank Of New York Mellon Corp | 2023-09-30 | 10.6 M | Tpg Gp A, Llc | 2023-12-31 | 9 M |
International Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate International Game's market, we take the total number of its shares issued and multiply it by International Game's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.International Profitablity
International Game's profitability indicators refer to fundamental financial ratios that showcase International Game's ability to generate income relative to its revenue or operating costs. If, let's say, International Game is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, International Game's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of International Game's profitability requires more research than a typical breakdown of International Game's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.26 %, which entails that for every 100 dollars of revenue, it generated $0.26 of operating income. Last Reported | Projected for 2024 | ||
Return On Capital Employed | 0.11 | 0.09 | |
Return On Assets | 0.01 | 0.01 | |
Return On Equity | 0.11 | 0.11 |
Management Efficiency
International Game has Return on Asset of 0.0622 % which means that on every $100 spent on assets, it made $0.0622 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1562 %, implying that it generated $0.1562 on every 100 dollars invested. International Game's management efficiency ratios could be used to measure how well International Game manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.11 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, International Game's Total Current Liabilities is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 180.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 10.2 B in 2024.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 3.86 | 2.99 | |
Enterprise Value Multiple | 6.89 | 9.59 | |
Price Fair Value | 3.86 | 2.99 |
The analysis of International Game's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze International Game's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of International Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0375 | Forward Dividend Yield 0.0375 | Forward Dividend Rate 0.8 | Beta 1.971 |
Technical Drivers
As of the 28th of March, International Game retains the Market Risk Adjusted Performance of (0.15), risk adjusted performance of (0.05), and Standard Deviation of 2.52. International Game technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for International Game, which can be compared to its competitors. Please check out International Game risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if International Game is priced fairly, providing market reflects its last-minute price of 22.16 per share. Given that International Game Technology has information ratio of (0.16), we strongly advise you to confirm International Game's regular market performance to make sure the company can sustain itself at a future point.International Game Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. International Game middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for International Game. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
International Game Predictive Daily Indicators
International Game intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of International Game stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 30990.53 | |||
Daily Balance Of Power | 1.227273 | |||
Rate Of Daily Change | 1.04 | |||
Day Median Price | 21.84 | |||
Day Typical Price | 21.95 | |||
Price Action Indicator | 0.72 | |||
Period Momentum Indicator | 0.81 |
International Game Corporate Filings
6K | 27th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 21st of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 12th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
4th of March 2024 Other Reports | ViewVerify | |
1st of March 2024 Other Reports | ViewVerify | |
6K | 29th of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 24th of January 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
International Game Forecast Models
International Game's time-series forecasting models are one of many International Game's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary International Game's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About International Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how International Game prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling International shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as International Game. By using and applying International Stock analysis, traders can create a robust methodology for identifying International entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.15 | 0.15 | |
Operating Profit Margin | 0.23 | 0.18 | |
Net Profit Margin | 0.04 | 0.02 | |
Gross Profit Margin | 0.49 | 0.47 |
Current International Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. International analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. International analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
36.73 | Buy | 7 | Odds |
Most International analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand International stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of International Game, talking to its executives and customers, or listening to International conference calls.
International Stock Analysis Indicators
International Game Technology stock analysis indicators help investors evaluate how International Game stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading International Game shares will generate the highest return on investment. By understating and applying International Game stock analysis, traders can identify International Game position entry and exit signals to maximize returns.
Begin Period Cash Flow | 740 M | |
Long Term Debt | 5.7 B | |
Common Stock Shares Outstanding | 203.1 M | |
Total Stockholder Equity | 1.4 B | |
Tax Provision | 322 M | |
Quarterly Earnings Growth Y O Y | -0.646 | |
Property Plant And Equipment Net | 1.3 B | |
Cash And Short Term Investments | 572 M | |
Cash | 572 M | |
Accounts Payable | 797 M | |
Net Debt | 5.4 B | |
50 Day M A | 24.9962 | |
Total Current Liabilities | 1.7 B | |
Other Operating Expenses | 3.3 B | |
Non Current Assets Total | 8.3 B | |
Forward Price Earnings | 12.3916 | |
Non Currrent Assets Other | 59 M | |
Stock Based Compensation | 41 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for International Stock analysis
When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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Is International Game's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Game. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Game listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 0.8 | Earnings Share 0.77 | Revenue Per Share 21.55 | Quarterly Revenue Growth 0.034 |
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Game's market value can be influenced by many factors that don't directly affect International Game's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.