International Game Technology PLC (IGT) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that IGT Supply Contract for UK National Lottery Operations Extended.

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Stocks Info

International Game Technology PLC is listed on the NYSE in the Consumer Cyclical sector while operating in the Gambling industry. At the end of the last regular session, the stock closed at $26.28 and fluctuated between $26.29 as its day high and $25.81 as its day low. The current market capitalization of International Game Technology PLC is $5.32B. A total of 0.63 million shares were traded on the day, compared to an average of 1.38M shares.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. International Game Technology PLC pays an annual dividend of $0.80, resulting in a dividend yield of 3.04%, and it has a price to earnings (P/E) ratio of 54.43. IGT’s most recent ex-dividend date was 11/28/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 12/13/2023. Previously, the company paid the dividend on 8/29/2023 with an ex-dividend date of 8/14/2023. The IGT stock dividend was $0.20 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for IGT in the last 3 months, the mean price target is $33.43 with high estimates of $48.00 and low estimates of $28.00. In terms of 52-week highs and lows, IGT has a high of $33.99 and a low of $22.30.

As of this writing, IGT has an earnings estimate of $Vanguard Information Tech ETF per share for the current quarter. EPS was calculated based on a consensus of IOT estimates, with a high estimate of $The Goodyear Tire & Rubber Comp per share and a lower estimate of $Target Corporation.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. IGT’s latest balance sheet shows that the firm has $591.00M in Cash & Short Term Investments as of fiscal 2021. There were $6.87B in debt and $1.91B in liabilities at the time. Its Book Value Per Share was $7.42, while its Total Shareholder’s Equity was $1.97B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for IGT is Buy with a score of 4.50.

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