International Game Technology Stock Performance
IGT Stock | USD 22.16 0.81 3.79% |
The company retains a Market Volatility (i.e., Beta) of 1.84, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, International Game will likely underperform. International Game has an expected return of -0.3%. Please make sure to check out International Game maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if International Game performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days International Game Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of inconsistent performance in the last few months, the Stock's technical and fundamental indicators remain comparatively stable which may send shares a bit higher in April 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return 3.79 | Five Day Return 0.59 | Year To Date Return (19.12) | Ten Year Return 61.52 | All Time Return 11.7 K |
Forward Dividend Yield 0.0375 | Payout Ratio 0.5882 | Last Split Factor 4:1 | Forward Dividend Rate 0.8 | Dividend Date 2024-04-09 |
1 | IGT Wins Competitive Bid to Modernize Loto-Qubecs Video Lottery Terminals Network | 01/25/2024 |
2 | Stock market rises on merger news - Washington Examiner | 02/21/2024 |
3 | International Game Technology Sees Unusually-High Trading Volume | 03/07/2024 |
4 | International Game Technology declares 0.20 dividend | 03/12/2024 |
5 | International Game Technology PLC Q4 2023 Earnings Call Transcript | 03/13/2024 |
6 | IGT PlayDigital Content Now Live in All Seven US iGaming States with Recent Games Deployment in Rhode Island | 03/14/2024 |
7 | International Game Technology Full Year 2023 Earnings EPS Misses Expectations | 03/15/2024 |
8 | International Game Technology PLC Sees Significant Drop in Short Interest - MarketBeat | 03/18/2024 |
9 | Four Days Left Until International Game Technology PLC Trades Ex-Dividend | 03/20/2024 |
10 | International Game Technology PLC Stock Holdings Decreased by Public Employees Retirement System ... - Defense World | 03/26/2024 |
Begin Period Cash Flow | 740 M |
International |
International Game Relative Risk vs. Return Landscape
If you would invest 2,716 in International Game Technology on December 29, 2023 and sell it today you would lose (500.00) from holding International Game Technology or give up 18.41% of portfolio value over 90 days. International Game Technology is generating negative expected returns assuming volatility of 2.622% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than International, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
International Game Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Game's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as International Game Technology, and traders can use it to determine the average amount a International Game's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1139
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Negative Returns | IGT |
Estimated Market Risk
2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average International Game is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of International Game by adding International Game to a well-diversified portfolio.
International Game Fundamentals Growth
International Stock prices reflect investors' perceptions of the future prospects and financial health of International Game, and International Game fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on International Stock performance.
Return On Equity | 0.16 | ||||
Return On Asset | 0.0622 | ||||
Current Valuation | 9.63 B | ||||
Shares Outstanding | 200.48 M | ||||
Price To Earning | 13.95 X | ||||
Price To Book | 2.97 X | ||||
Price To Sales | 0.99 X | ||||
Revenue | 4.31 B | ||||
Gross Profit | 2 B | ||||
EBITDA | 1.58 B | ||||
Net Income | 307 M | ||||
Cash And Equivalents | 590 M | ||||
Cash Per Share | 2.00 X | ||||
Debt To Equity | 2.77 % | ||||
Current Ratio | 1.16 X | ||||
Cash Flow From Operations | 1.04 B | ||||
Earnings Per Share | 0.77 X | ||||
Total Asset | 10.46 B | ||||
Retained Earnings | (1.01 B) | ||||
Current Asset | 2.49 B | ||||
About International Game Performance
To evaluate International Game Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when International Game generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare International Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand International Game market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents International's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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 |
Things to note about International Game performance evaluation
Checking the ongoing alerts about International Game for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for International Game help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.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 |
- Analyzing International Game's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether International Game's stock is overvalued or undervalued compared to its peers.
- Examining International Game's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating International Game's management team can have a significant impact on its success or failure. Reviewing the track record and experience of International Game's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of International Game's stock. These opinions can provide insight into International Game's potential for growth and whether the stock is currently undervalued or overvalued.
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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.