On Tuesday, International Game Technology PLC (NYSE: IGT) was -0.88% drop from the session before settling in for the closing price of $20.38. A 52-week range for IGT has been $18.90 – $31.85.
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A company in the Consumer Cyclical sector has dropped its sales by -0.55% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -28.84%. With a float of $109.25 million, this company’s outstanding shares have now reached $200.48 million.
In an organization with 11016 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 48.6%, operating margin of 23.78%, and the pretax margin is 15.15%.
International Game Technology PLC (IGT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward International Game Technology PLC stocks. The insider ownership of International Game Technology PLC is 45.82%, while institutional ownership is 45.21%. The most recent insider transaction that took place on Sep 17 ’24, was worth 54,575. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 2,500 for $21.70, making the entire transaction worth $54,250.
International Game Technology PLC (IGT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -28.84% per share during the next fiscal year.
International Game Technology PLC (NYSE: IGT) Trading Performance Indicators
You can see what International Game Technology PLC (IGT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of International Game Technology PLC (IGT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.82 million. That was inferior than the volume of 1.14 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 11.03%. Additionally, its Average True Range was 0.45.
During the past 100 days, International Game Technology PLC’s (IGT) raw stochastic average was set at 24.86%, which indicates a significant increase from 4.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.38% in the past 14 days, which was lower than the 36.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.65, while its 200-day Moving Average is $22.40. However, in the short run, International Game Technology PLC’s stock first resistance to watch stands at $20.37. Second resistance stands at $20.53. The third major resistance level sits at $20.67. If the price goes on to break the first support level at $20.07, it is likely to go to the next support level at $19.93. Assuming the price breaks the second support level, the third support level stands at $19.77.
International Game Technology PLC (NYSE: IGT) Key Stats
There are 199,079K outstanding shares of the company, which has a market capitalization of 4.07 billion. As of now, sales total 4,310 M while income totals 156,000 K. Its latest quarter income was 1,049 M while its last quarter net income were 42,000 K.
