International Game Technology (IGT) Projected to Post Earnings on Tuesday

International Game Technology (NYSE:IGT) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, May 13th. Analysts expect International Game Technology to post earnings of $0.15 per share and revenue of $630.30 million for the quarter. International Game Technology has set its FY 2025 guidance at EPS.

International Game Technology (NYSE:IGT) last released its quarterly earnings data on Tuesday, February 25th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.10). International Game Technology had a net margin of 4.17% and a return on equity of 16.17%. The firm had revenue of $651.00 million during the quarter, compared to analyst estimates of $657.84 million. During the same period in the prior year, the company earned $0.56 EPS. The business’s quarterly revenue was down 4.4% compared to the same quarter last year. On average, analysts expect International Game Technology to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

International Game Technology Stock Down 0.2%

International Game Technology stock opened at $17.23 on Monday. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 28.72 and a beta of 1.61. International Game Technology has a 52-week low of $13.81 and a 52-week high of $24.13. The company has a debt-to-equity ratio of 2.85, a quick ratio of 2.31 and a current ratio of 2.36. The firm has a 50 day moving average price of $16.43 and a two-hundred day moving average price of $17.69.

International Game Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 11th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend was Tuesday, March 11th. International Game Technology’s dividend payout ratio (DPR) is presently 46.78%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on IGT shares. Stifel Nicolaus decreased their price target on International Game Technology from $26.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, April 22nd. Truist Financial decreased their target price on International Game Technology from $20.00 to $18.00 and set a “hold” rating for the company in a report on Wednesday, April 23rd. Finally, StockNews.com downgraded International Game Technology from a “buy” rating to a “hold” rating in a report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $25.75.

About International Game Technology

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.