IGT) Now you will regret it later. – Share register


International Game Technology PLC (NYSE: IGT) price floated higher during the last check on Monday, November 01, closing at $ 31.54, 6.95% higher than its previous close.

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Traders who pay close attention to intraday price movements should be aware that they have fluctuated between $ 28.82 and $ 29.59. Looking at the 52-week price action, we see that the stock has reached a 52-week high of $ 31.09 and a 52-week low of $ 8.00. Over the past month, the stock has gained 12.04% in value.

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International Game Technology PLC, which has a market valuation of $ 5.98 billion at the time of writing, is expected to release its quarterly earnings report from November 9, 2021 to November 15, 2021. Investor optimism over the The company’s current quarter earnings report is understandable. Analysts predicted that quarterly earnings per share would increase by $ 0.19 per share this quarter, but they predicted annual earnings per share of $ 0.85 for 2021 and $ 1.25 for 2022. This means that Analysts expect annual earnings per share growth of 273.50% this year and 47.10% next year.

Analysts predict the company will generate revenue of $ 971.36 million for the current quarter, with probable lows of $ 916 million and highs of $ 1.01 billion. The average estimate suggests that sales are expected to decline by -1.00% this quarter compared to what was recorded in the comparable quarter of last year. From analysts’ perspective, the consensus estimate for the company’s annual revenue in 2021 is $ 4.03 billion. The company’s revenue is expected to increase 29.30% from 2021.

Reviews of a company’s earnings provide a brief indication of the direction of a short-term stock, where, in the case of International Game Technology PLC, no upward or downward commentary has been posted. in the last 7 days. Technically, indicators suggest that IGT has a 100% buy on average in the short term. According to the stock’s mid-term indicator data, the stock is currently on average 100% buy, while a long-term indicator average suggests the stock is currently 100% buy. purchase.

Here is the average analyst rating for the stock represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting that the stock should be viewed as a strong buy or a strong sell, respectively. The number of analysts who gave IGT a recommendation rating is 9. Of these, 2 give it an expectation, while 7 recommend buying, while 0 assigns an overweight rating. 0 analyst (s) marked International Game Technology PLC (IGT) as underweight while 0 advise sell. Analysts have valued the Buy stock, likely prompting investors to take the opportunity to increase their holdings of the company’s shares.

A quick look shows that IGT’s price is currently 8.75% on the SMA20 and 26.24% on the SMA50. The RSI metric on the 14 day chart is currently at 73.19 and the weekly volatility stands at 3.66%. Measured over the last 30 days, the indicator reached 3.85%. International Game Technology PLC (NYSE: IGT) beta is currently at 2.13, while the Average True Range indicator is currently at 1.13. With analysts setting $ 21.00 to $ 40.00 as low and high price targets, we arrive at a consensus price target of $ 31.15 for the 12 month period. The current price is around 33.42% of the estimated low and -26.82% of the high expected, based on this estimate. Investors will be elated if the IGT share price rises to $ 33.50, which is the consensus median price. At this level, the IGT share price would be -6.21% lower than the current price.

To see how the International Game Technology PLC stock fares today relative to its industry peers, here are the numbers: IGT stock performance was 6.95% when the last session was checked. today and 257.02% last year. Another comparable company Fortinet Inc. (FTNT) saw its stock price drop -2.53% in today’s trading day, but rose 185.03% in one year. Additionally, Autodesk Inc. (ADSK) was down -0.30% today as its price continued to drop to 30.79% over the past year. International Game Technology PLC has a P / E ratio of 0. Also during today’s session, the S&P 500 index plunged -0.17%, while the Dow Jones Industrial also experienced a session positive, up 0.02% today.

An estimate of daily trading volume from International Game Technology PLC (NYSE: IGT) indicates the 3-month average is 2.08 million. However, that figure has increased over the past 10 days to an average of 1.89 million.

Currently, records show that 205.10 million shares of the company remain outstanding. Insiders hold 51.64% of outstanding shares, while institutions hold 46.20%. The statistics also point out that the short-term interest as of August 30, 2021 was 3.54 million shares, resulting in a short-term ratio of 1.63 at that time. From this we can conclude that the short term interest is 1.72% of the total outstanding shares of the company. It should be noted that short stocks in August edged up from the previous month’s figure of 2.9 million. However, given that the stock price has reached 74.08% year-to-date, investor interest is likely to be rekindled due to its potential to rise even higher.

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