International Game Technology (IGT) to Release Earnings on Tuesday

International Game Technology (NYSE:IGT) is projected to post its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect International Game Technology to post earnings of $0.32 per share and revenue of $657.84 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

International Game Technology Stock Performance

IGT stock opened at $17.96 on Friday. The firm has a market cap of $3.62 billion, a PE ratio of 29.93 and a beta of 1.91. The business’s 50-day moving average price is $17.31 and its two-hundred day moving average price is $19.60. International Game Technology has a 1-year low of $16.42 and a 1-year high of $27.27. The company has a current ratio of 2.36, a quick ratio of 2.31 and a debt-to-equity ratio of 2.85.

Analyst Ratings Changes

IGT has been the topic of several research reports. Truist Financial decreased their target price on International Game Technology from $23.00 to $20.00 and set a “hold” rating on the stock in a research report on Tuesday, January 14th. StockNews.com upgraded International Game Technology from a “hold” rating to a “buy” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $28.00.

International Game Technology Company Profile

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.