Summary

20.24 -0.06(-0.30%)06/25/2024
International Game Technology PLC (IGT)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-0.54-0.375.22-6.04-26.93-34.3188.107,026.51


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Trading Data
Close20.24
Open20.30
High20.37
Low20.06
Volume581,659
Change-0.11
Change %-0.54
Avg Volume (20 Days)854,643
Volume/Avg Volume (20 Days) Ratio0.68
52 Week Range18.90 - 33.99
Price vs 52 Week High-40.45%
Price vs 52 Week Low7.09%
Range-0.30
Gap Up/Down-0.36
Fundamentals
Market Capitalization (Mln)4,079
EBIDTA1,591,000,064
PE Ratio26.1169
PEG Ratio0.0000
WallStreet Target Price28.43
Book Value7.0580
Earnings Per Share0.7700
EPS Estimate Current Quarter0.4100
EPS Estimate Next Quarter0.4500
EPS Estimate Current Year1.5900
EPS Estimate Next Year2.0500
Diluted EPS (TTM)0.7700
Revenues
Profit Marging0.0395
Operating Marging (TTM)0.2702
Return on asset (TTM)0.0631
Return on equity (TTM)0.1398
Revenue TTM4,309,000,192
Revenue per share TTM21.5450
Quarterly Revenue Growth (YOY)0.0350
Quarterly Earnings Growth (YOY)-0.6460
Gross Profit (TTM)2,000,000,000
Dividends
Dividend Share0.8000
Dividend Yield0.0398
Valuations
Trailing PE26.1169
Forward PE10.6045
Price Sales (TTM)0.0000
Price Book (MRQ)2.7759
Revenue Enterprise Value 2.1711
EBITDA Enterprise Value6.3962
Shares
Shares Outstanding200,482,000
Shares Float112,661,000
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.02
Insider (%)43.79
Institutions (%)49.96


06/25 06:45 EST - prnewswire.com
IGT Awarded Contract for Video Lottery Terminal Central Monitoring System by Ohio Lottery Commission
LONDON , June 25, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that it has won a competitive bidding process to provide the Ohio Lottery Commission's video lottery terminal (VLT) central monitoring system, with a contract effective May 31, 2024 through June 30, 2033. The agreement includes an option for Ohio to renew the contract for up to two additional one-year terms.
06/14 08:00 EST - seekingalpha.com
International Game Technology: Regaining Steam At Attractive Multiples
The consumer discretionary segment could offer potential value for contrarian plays on valuation. International Game Technology PLC shows potential for such a valuation repricing in my view at 6.8x trailing NOPAT. Strong Q1 results and revised sentiment could drive multiple expansion and see ~$31 share in my view.
05/28 16:31 EST - prnewswire.com
IGT's Tiger and Dragon Game Debuts in #1 Position on Eilers & Krejcik's US & Canada Game Performance Report
IGT's winning formula for multi-level progressive games continues with Tiger and Dragon performing at 2.89X zone average, leading "Top Indexing NEW Games – Premium Leased and WAP" category LONDON , May 28, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its Tiger and Dragon multi-level progressive ("MLP") game debuted in the number-one position on Eilers & Krejcik's May 2024 US & Canada Game Performance Report in the "Top Indexing NEW Games – Premium Leased & WAP" category. Tiger and Dragon Cash on Reels took the top position by performing at more than 2.8X zone average and Tiger and Dragon Multipliers ranked third for performing at more than 2.5X zone average.
05/28 06:45 EST - prnewswire.com
IGT to Optimize Player Convenience and Retail Solutions for Mississippi Lottery via Three-Year Contract Extension
LONDON , May 28, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has extended its contracts with the Mississippi Lottery Corporation ("Mississippi Lottery") for an additional three years to continue providing online gaming systems and instant ticket services through Dec. 1, 2029. As part of the agreements, IGT will deploy a mobile convenience app, new GameTouch™ 28 self-service terminals and its Sales Wizard retail automation tool.
05/27 12:13 EST - investorplace.com
3 Sorry Gambling Stocks to Sell in May While You Still Can
As we approach the midpoint of the year, it's crucial for investors to reassess their portfolios and identify potential risk factors. The gambling industry was once seen as a thriving sector with promising growth prospects.
05/21 06:26 EST - marketbeat.com
International Game Technology Isn't Playing Games With Guidance
Global gaming company International Game Technology PLC NYSE: IGT is best known for supplying a majority of the slot machines in Las Vegas. However, the consumer discretionary sector company has additional revenue streams focusing on lotteries, digital gaming and sports betting.
05/20 06:45 EST - prnewswire.com
IGT Continues Multi-Level Progressive Momentum with New Tiger and Dragon Game on the PeakCurve49 Cabinet
Dazzling new theme introduces innovative mechanics and gameplay features on proven hardware LONDON , May 20, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its new multi-level progressive ("MLP") game, Tiger and Dragon™, recently debuted on casino floors across the U.S. Available on the sleek PeakCurve™49 cabinet, Tiger and Dragon combines new and proven mechanics with high bonus frequencies for an action-packed entertainment experience. "We made a commitment to advancing IGT's game performance with strong multi-level progressive content and leveraged our extensive research and focus group capabilities to achieve this with the award-winning Prosperity Link and Mystery of the Lamp MLP games," said Dubravka Burda, IGT SVP Global Studios.
05/20 05:04 EST - https://www.defenseworld.net
Amalgamated Bank Lowers Stock Holdings in International Game Technology PLC (NYSE:IGT)
Amalgamated Bank reduced its position in International Game Technology PLC (NYSE:IGT – Free Report) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,664 shares of the company’s stock after selling 1,102 shares during the quarter. Amalgamated Bank’s holdings in International Game Technology were worth $429,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently bought and sold shares of the company. Huntington National Bank increased its stake in International Game Technology by 113.2% during the 3rd quarter. Huntington National Bank now owns 921 shares of the company’s stock worth $28,000 after buying an additional 489 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of International Game Technology by 10.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,425 shares of the company’s stock worth $231,000 after acquiring an additional 805 shares during the period. Allworth Financial LP raised its stake in shares of International Game Technology by 770.0% in the third quarter. Allworth Financial LP now owns 957 shares of the company’s stock valued at $29,000 after acquiring an additional 847 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in International Game Technology in the fourth quarter valued at $25,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in International Game Technology by 2.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,393 shares of the company’s stock worth $1,354,000 after purchasing an additional 973 shares in the last quarter. 44.33% of the stock is currently owned by hedge funds and other institutional investors. Wall Street Analyst Weigh In Several equities analysts have recently issued reports on IGT shares. Argus decreased their price objective on International Game Technology from $30.00 to $27.00 and set a “buy” rating for the company in a research note on Wednesday, March 13th. StockNews.com cut shares of International Game Technology from a “strong-buy” rating to a “buy” rating in a report on Monday, May 13th. B. Riley initiated coverage on shares of International Game Technology in a report on Friday, April 5th. They issued a “buy” rating and a $30.00 price objective on the stock. Stifel Nicolaus reiterated a “hold” rating and set a $24.00 target price on shares of International Game Technology in a research note on Wednesday, May 15th. Finally, Susquehanna cut their price target on International Game Technology from $40.00 to $33.00 and set a “positive” rating on the stock in a research note on Thursday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, International Game Technology currently has an average rating of “Moderate Buy” and a consensus target price of $27.67. View Our Latest Report on International Game Technology International Game Technology Price Performance Shares of IGT opened at $20.24 on Monday. The company has a debt-to-equity ratio of 2.59, a current ratio of 0.80 and a quick ratio of 1.07. International Game Technology PLC has a 1-year low of $19.48 and a 1-year high of $33.99. The stock has a market cap of $4.03 billion, a PE ratio of 19.28 and a beta of 1.94. The firm has a fifty day moving average price of $20.92 and a 200 day moving average price of $24.58. International Game Technology (NYSE:IGT – Get Free Report) last announced its earnings results on Tuesday, May 14th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.17. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.03 billion. International Game Technology had a return on equity of 20.84% and a net margin of 4.98%. The business’s revenue was up .7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. As a group, sell-side analysts anticipate that International Game Technology PLC will post 1.53 EPS for the current year. International Game Technology Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Thursday, May 30th will be issued a $0.20 dividend. The ex-dividend date is Thursday, May 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.95%. International Game Technology’s payout ratio is 76.19%. International Game Technology Profile (Free Report) International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as iLottery solutions and services.
05/16 16:31 EST - prnewswire.com
IGT PlaySports Launches Trading Advisory Services in Michigan with Lac Vieux Desert Northern Waters Casino & Resort
Casino grows sports betting partnership with IGT PlaySports™ to include technology and services LONDON , May 16, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that its IGT PlaySports Trading Advisory Services Team is now supporting sports betting in Michigan via a new services agreement with the Lac Vieux Desert Northern Waters Casino & Resort in Watersmeet. In addition to now leveraging IGT PlaySports' expertise for a range of trading-related services, Northern Waters has powered its sportsbook with IGT's award-winning platform and self-service betting technology since 2021.
05/14 11:35 EST - seekingalpha.com
International Game Technology PLC (IGT) Q1 2024 Earnings Call Transcript
International Game Technology PLC (NYSE:IGT ) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants James Hurley - SVP, IR Vincent Sadusky - CEO Massimiliano Chiara - CFO Conference Call Participants Barry Jonas - Truist Securities Jeff Stantial - Stifel David Katz - Jefferies Chad Beynon - Macquarie Joe Stauff - Susquehanna David Hargreaves - Barclays Operator Thank you for standing by. My name is Krista and I will be your conference operator today.
05/14 10:30 EST - zacks.com
IGT (IGT) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for IGT (IGT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
05/14 08:50 EST - zacks.com
International Game Technology (IGT) Tops Q1 Earnings and Revenue Estimates
International Game Technology (IGT) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.49 per share a year ago.
05/14 06:40 EST - prnewswire.com
INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FIRST QUARTER 2024 RESULTS
Revenue of $1.07 billion, up 1% from the prior year, driven by strong Global Lottery growth, partially offset by timing of Gaming & Digital product sales Operating income of $256 million in line with the prior year while operating income margin of 24.0% exceeded expectations by approximately 400 basis points; excluding Separation & divestiture costs, operating income increased 7% to a record $273 million and the margin expanded 150 basis points Adjusted EBITDA of $443 million and Adjusted EBITDA margin of 41.5%; excluding Separation & divestiture costs, Adjusted EBITDA was $461 million and the margin improved 80 basis points to 43.1% Upgrading FY'24 outlook on strong Q1'24 results LONDON , May 14, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the first quarter ended March 31, 2024. Today, at 8:00 a.m.
05/12 22:20 EST - businesswire.com
EVERI HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Everi Holdings Inc. - EVRI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Everi Holdings Inc. (NYSE: EVRI) with International Game Technology PLC's (NYSE: IGT) Global Gaming and PlayDigital businesses. Under the terms of the proposed transaction, Everi shareholders are expected to own approximately 46% of the combined company. KSF is seeking to determine whether the merger and the.
05/09 10:16 EST - zacks.com
Curious about IGT (IGT) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Evaluate the expected performance of IGT (IGT) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
05/08 16:31 EST - prnewswire.com
IGT and Holland Casino Upgrade Video Poker Across the Netherlands with 500 PeakBarTop Cabinets
LONDON , May 8, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is modernizing video poker across the Netherlands with a 500-unit deployment of PeakBarTop™ cabinets at Holland Casino gaming venues throughout the region. This multi-phase installation started in 2023 and once complete, will account for the largest PeakBarTop installation in Europe.
05/08 06:45 EST - prnewswire.com
IGT to Launch Cloud-Based iLottery Solutions for Atlantic Lottery in Canada
Company signs five-year contract with Lottery to deploy advanced remote game server and compelling digital instants LONDON , May 8, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that its subsidiary, IGT Global Solutions Corporation, has signed a five-year contract with the Atlantic Lottery Corporation ("Atlantic Lottery"), to implement high-performing features and exciting new games for players in Atlantic Canada. As part of the agreement, IGT will deploy its advanced cloud-based remote game server (RGS) and at least 16 digital instant games each year.
05/07 11:01 EST - zacks.com
Earnings Preview: International Game Technology (IGT) Q1 Earnings Expected to Decline
IGT (IGT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
04/16 09:45 EST - prnewswire.com
Acres and IGT to Resolve all Pending Litigation
LAS VEGAS , April 16, 2024 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) and Acres 4.0, Acres Manufacturing Company, and John Acres ("Acres") announced today that effective April 16, 2024, they have reached an agreement to resolve all legal disputes between the two companies. Terms of the settlement have not been announced.