International Game Technology (IGT) to Release Earnings on Tuesday

International Game Technology (NYSE:IGT) will likely be posting 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

International Game Technology Stock Performance

NYSE IGT opened at $17.96 on Friday. The firm has a market capitalization of $3.62 billion, a P/E ratio of 29.93 and a beta of 1.91. International Game Technology has a 1-year low of $16.42 and a 1-year high of $27.27. The company has a debt-to-equity ratio of 2.85, a current ratio of 2.36 and a quick ratio of 2.31. The business’s 50-day simple moving average is $17.31 and its 200-day simple moving average is $19.60.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IGT shares. StockNews.com raised International Game Technology from a “hold” rating to a “buy” rating in a research report on Friday, November 8th. Truist Financial lowered their price objective on International Game Technology from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Tuesday, January 14th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $28.00.

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.