International Game Technology (IGT) Expected to Announce 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 $657.09 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

International Game Technology Price Performance

NYSE IGT opened at $17.39 on Tuesday. The stock has a market capitalization of $3.46 billion, a P/E ratio of 28.98 and a beta of 1.91. 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 business’s fifty day moving average is $17.42 and its two-hundred day moving average is $19.70. International Game Technology has a 1 year low of $16.42 and a 1 year high of $27.27.

Wall Street Analyst Weigh In

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