Worldwide Recreation Know-how (NYSE:IGT) Score Lowered to Purchase at StockNews.com


Worldwide Recreation Know-how (NYSE:IGT – Get Free Report) was downgraded by equities analysis analysts at StockNews.com from a “strong-buy” ranking to a “purchase” ranking in a analysis report issued on Friday.

IGT has been the topic of a number of different analysis reviews. B. Riley started protection on shares of Worldwide Recreation Know-how in a report on Friday, April fifth. They set a “purchase” ranking and a $30.00 worth goal for the corporate. Argus lowered their worth goal on shares of Worldwide Recreation Know-how from $30.00 to $27.00 and set a “purchase” ranking for the corporate in a report on Wednesday, March thirteenth. Susquehanna lowered their worth goal on shares of Worldwide Recreation Know-how from $40.00 to $33.00 and set a “constructive” ranking for the corporate in a report on Thursday, Could sixteenth. Truist Monetary lowered their worth goal on shares of Worldwide Recreation Know-how from $26.00 to $23.00 and set a “maintain” ranking for the corporate in a report on Wednesday, Could fifteenth. Lastly, Stifel Nicolaus upgraded shares of Worldwide Recreation Know-how from a “maintain” ranking to a “purchase” ranking and raised their worth goal for the inventory from $24.00 to $26.00 in a report on Thursday, Could thirtieth. Two equities analysis analysts have rated the inventory with a maintain ranking and 5 have issued a purchase ranking to the corporate. In keeping with knowledge from MarketBeat, the inventory at the moment has a mean ranking of “Average Purchase” and a consensus goal worth of $28.00.

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Worldwide Recreation Know-how Inventory Down 0.9 %

NYSE:IGT opened at $19.98 on Friday. The agency’s 50 day easy shifting common is $20.26 and its 200 day easy shifting common is $23.01. The corporate has a debt-to-equity ratio of two.59, a present ratio of 0.80 and a fast ratio of 0.67. Worldwide Recreation Know-how has a one 12 months low of $18.90 and a one 12 months excessive of $33.99. The corporate has a market cap of $3.98 billion, a PE ratio of 19.03 and a beta of 1.98.

Worldwide Recreation Know-how (NYSE:IGT – Get Free Report) final posted its earnings outcomes on Tuesday, Could 14th. The corporate reported $0.46 EPS for the quarter, topping the consensus estimate of $0.29 by $0.17. Worldwide Recreation Know-how had a internet margin of 4.98% and a return on fairness of 20.84%. The enterprise had income of $1.07 billion for the quarter, in comparison with the consensus estimate of $1.03 billion. Throughout the identical interval final 12 months, the corporate earned $0.49 EPS. The agency’s income was up .7% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that Worldwide Recreation Know-how will publish 1.53 earnings per share for the present 12 months.

Institutional Buying and selling of Worldwide Recreation Know-how

A number of hedge funds have not too long ago modified their holdings of the inventory. Raymond James Monetary Providers Advisors Inc. elevated its stake in shares of Worldwide Recreation Know-how by 10.6% within the 4th quarter. Raymond James Monetary Providers Advisors Inc. now owns 8,425 shares of the corporate’s inventory valued at $231,000 after buying an extra 805 shares within the final quarter. SG Americas Securities LLC grew its place in Worldwide Recreation Know-how by 10.8% within the 1st quarter. SG Americas Securities LLC now owns 8,607 shares of the corporate’s inventory valued at $194,000 after buying an extra 836 shares throughout the interval. Venturi Wealth Administration LLC acquired a brand new stake in Worldwide Recreation Know-how within the 4th quarter valued at $25,000. Mirae Asset International Investments Co. Ltd. grew its place in Worldwide Recreation Know-how by 2.0% within the 4th quarter. Mirae Asset International Investments Co. Ltd. now owns 49,393 shares of the corporate’s inventory valued at $1,354,000 after buying an extra 973 shares throughout the interval. Lastly, Highlander Capital Administration LLC acquired a brand new stake in Worldwide Recreation Know-how within the 4th quarter valued at $27,000. Institutional traders personal 44.33% of the corporate’s inventory.

About Worldwide Recreation Know-how

(Get Free Report)

Worldwide Recreation Know-how PLC operates and offers gaming expertise services in america, Canada, Italy, The UK, remainder of Europe, and internationally. It operates by means of three segments: International Lottery, International Gaming, and PlayDigital. The corporate designs, sells, operates, and leases a collection of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; offers on-line lottery transaction processing techniques; produces instantaneous ticket video games; and presents printing companies, reminiscent of instantaneous ticket advertising and marketing plans and graphic design, programming, packaging, transport, and supply companies, in addition to iLottery options and companies.

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Analyst Recommendations for International Game Technology (NYSE:IGT)



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