Earnings Analysis of: International Game Technology PLC (NYSE:IGT)


International Game Technology PLC (NYSE:IGT) will report its next earnings on Nov 10 – Nov 14 (Est.). The company reported the earnings of $0.43/Share in the last quarter where the estimated EPS by analysts was $0.47/share. The difference between the expected and actual EPS was $-0.04/share, which represents an Earnings surprise of -8.5%.

Many analysts are providing their Estimated Earnings analysis for International Game Technology PLC and for the current quarter 5 analysts have projected that the stock could give an Average Earnings estimate of $0.42/share. These analysts have also projected a Low Estimate of $0.34/share and a High Estimate of $0.49/share.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for International Game Technology PLC as 1.24 Billion. According to these analysts, the Low Revenue Estimate for International Game Technology PLC is 1.21 Billion and the High Revenue Estimate is 1.3 Billion. The company had Year Ago Sales of 1.22 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for IGT to be 2.4%. They are projecting Next Quarter growth of -22.2%. For the next 5 years, International Game Technology PLC is expecting Growth of 10% per annum, whereas in the past 5 years the growth was 2.47% per annum.

Some buy side analysts are also providing their Analysis on International Game Technology PLC, where 1 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 2 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 4 Analysts reported that the Price Target for International Game Technology PLC might touch $31 high while the Average Price Target and Low price Target is $29.25 and $27 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. International Game Technology PLC got Initiated on 16-Sep-16 where investment firm Argus Initiated the stock to Buy.

International Game Technology PLC closed its last trading session at $27.14 with the loss of -1.18%. The Market Capitalization of the company stands at 5.28 Billion. The Company has 52-week high of $27.44 and 52-week low of $12.48. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 6% where SMA50 and SMA200 are 12.12% and 43.67% respectively. The Company Touched its 52-Week High on Oct 17, 2016 and 52-Week Low on Feb 11, 2016.

The Relative Volume of the company is 1.16 and Average Volume (3 months) is 1.31 million. International Game Technology PLC P/E (price to earnings) ratio is 77.74 and Forward P/E ratio of 12.39.

The company shows its Return on Assets (ROA) value of 0.5%. The Return on Equity (ROE) value stands at 2.1%. While it’s Return on Investment (ROI) value is 4.4%.

While looking at the Stock’s Performance, International Game Technology PLC currently shows a Weekly Performance of 3.15%, where Monthly Performance is 11.33%, Quarterly performance is 33.75%, 6 Months performance is 52.47% and yearly performance percentage is 69.41%. Year to Date performance value (YTD perf) value is 70.97%. The Stock currently has a Weekly Volatility of 2.34% and Monthly Volatility of 2.18%.