International Game Technology Stock Today

IGT Stock  USD 19.82  0.16  0.80%   

Performance

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Odds Of Distress

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International Game is selling for under 19.82 as of the 16th of April 2024; that is -0.8% down since the beginning of the trading day. The stock's last reported lowest price was 19.7. International Game has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for International Game Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain
Consumer Services
IPO Date
26th of March 1990
Category
Consumer Cyclical
Classification
Consumer Discretionary
International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. International Game Technology PLC is a subsidiary of De Agostini S.p.A. The company has 200.48 M outstanding shares of which 1.44 M shares are currently shorted by investors with about 0.73 days to cover. More on International Game Technology

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International Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. International Game's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding International Game or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOEnrico Drago
Thematic Ideas
(View all Themes)
Old Names[INTL GAME TECHNOLOG, INTL GAME TECHNOLOG, INTL GAME TECHNOLOG, INTL GAME TECHNOLOG]
Business ConcentrationHotels, Restaurants & Leisure, Consumer Services, Consumer Discretionary, NYSE Composite, Casinos, Gambling, Entertainment, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering International Game report their recommendations after researching International Game's financial statements, talking to executives and customers, or listening in on International Game's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering International Game. The International consensus assessment is calculated by taking the average forecast from all of the analysts covering International Game.
Financial Strength
Based on the measurements of operating efficiency obtained from International Game's historical financial statements, International Game Technology may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of International Game is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.430.4118
Sufficiently Up
Slightly volatile
Gross Profit Margin0.470.4889
Sufficiently Down
Slightly volatile
Net Debt4.7 B5.4 B
Fairly Down
Slightly volatile
Total Current Liabilities2.1 B1.7 B
Fairly Up
Pretty Stable
Non Current Liabilities Total5.6 B6.8 B
Significantly Down
Slightly volatile
Total Assets10.2 B10.5 B
Fairly Down
Slightly volatile
Total Current Assets2.1 B2.1 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities850.9 MB
Significantly Down
Very volatile
International Game's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to International Game's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand International Game's financial leverage. It provides some insight into what part of International Game's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on International Game's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how International Game deploys its capital and how much of that capital is borrowed.
Liquidity
International Game cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 5.92 B in debt with debt to equity (D/E) ratio of 2.77, meaning that the company heavily relies on borrowing funds for operations. International Game has a current ratio of 1.14, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Debt can assist International Game until it has trouble settling it off, either with new capital or with free cash flow. So, International Game's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like International Game sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for International to invest in growth at high rates of return. When we think about International Game's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

850.89 Million
International Game Technology (IGT) is traded on New York Stock Exchange in USA. It is located in 10 Finsbury Square, London, United Kingdom, EC2A 1AF and employs 10,956 people. International Game is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate International Game's market, we take the total number of its shares issued and multiply it by International Game's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. International Game runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. The entity has 200.48 M outstanding shares of which 1.44 M shares are currently shorted by investors with about 0.73 days to cover. International Game Technology has about 590 M in cash with 1.04 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.0.
Check International Game Probability Of Bankruptcy
Ownership Allocation
International Game Technology has a total of 200.48 Million outstanding shares. Over half of International Game's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in International Game Technology. Please watch out for any change in the institutional holdings of International Game as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check International Ownership Details

International Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of International Game jumping above the current price in 90 days from now is about 97.0%. The International Game Technology probability density function shows the probability of International Game stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8342. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, International Game will likely underperform. Additionally, international Game Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 19.82HorizonTargetOdds Above 19.82
2.75%90 days
 19.82 
97.23%
Based on a normal probability distribution, the odds of International Game to move above the current price in 90 days from now is about 97.0 (This International Game Technology probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) .

International Stock Institutional Holders

Institutional Holdings refers to the ownership stake in International Game that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of International Game's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing International Game's value.
InstituionRecorded OnShares
Amvescap Plc.2023-12-31
1.9 M
Nuveen Asset Management, Llc2023-12-31
1.6 M
Deprince Race & Zollo Inc2023-12-31
1.5 M
Vaughan Nelson Scarbrgh & Mccullough Lp2023-12-31
1.4 M
Vanguard Group Inc2023-12-31
1.3 M
Citadel Advisors Llc2023-09-30
1.3 M
Norges Bank2023-12-31
1.3 M
Geode Capital Management, Llc2023-12-31
1.2 M
Mangrove Partners2023-12-31
1.1 M
Bank Of New York Mellon Corp2023-12-31
13 M
Tpg Gp A, Llc2023-12-31
M
View International Game Diagnostics

International Game Historical Income Statement

International Game Technology Income Statement is one of the three primary financial statements used for reporting International's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of International Game revenue and expense. International Game Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, International Game's Reconciled Depreciation is comparatively stable compared to the past year. View More Fundamentals

International Stock Against Markets

Picking the right benchmark for International Game stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in International Game stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for International Game is critical whether you are bullish or bearish towards International Game Technology at a given time. Please also check how International Game's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in International Game without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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International Game Corporate Directors

International Game corporate directors refer to members of an International Game board of directors. The board of directors generally takes responsibility for the International Game's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of International Game's board members must vote for the resolution. The International Game board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gianmario RuosNon-Executive Independent DirectorProfile
Vincent SaduskyNon-Executive Independent DirectorProfile
Janice ChaffinIndependent DirectorProfile
Eric BrownIndependent DirectorProfile

How to buy International Stock?

Before investing in International Game, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in International Game. To buy International Game stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of International Game. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase International Game stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located International Game Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased International Game Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as International Game Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy International Stock please use our How to Invest in International Game guide.

Already Invested in International Game Technology?

The danger of trading International Game Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of International Game is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than International Game. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile International Game is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether International Game is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if International Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about International Game Technology Stock. Highlighted below are key reports to facilitate an investment decision about International Game Technology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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Is International Game's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Game. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Game listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.65)
Dividend Share
0.8
Earnings Share
0.77
Revenue Per Share
21.545
Quarterly Revenue Growth
0.035
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Game's market value can be influenced by many factors that don't directly affect International Game's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.