International Game Technology PLC (IGT)Growth Analysis: Profit Driven by Strength

Boston Partners Global Investors, Inc. is the top holder of International Game Technology PLC (IGT), with 8.29 million shares. The next largest fund holder of this company’s stock is Lazard Asset Management LLC with 7.25 million shares. In the third-place spot with 6.33 million shares is Invesco Advisers, Inc..

This company’s stock price was $14.48 at the previous market close, with its latest volume reaching 1031291. Compare that to its average daily volume of 2.40M. Given the fact that this stock has 202.92M shares outstanding, its current market value is sitting at $2.94B. This publicly-traded stock’s 60-month Beta is 1.37. Its Price to Sales ratio is 0.61, its Price to Cash Flow ratio is 5.42, and its Price to Book ratio is 1.13.

IGT stock has achieved a 5-day range of $14.48 to $15.28, with a total performance of -5.48% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $12.88 to $16.25, generating a +6.39% change during the period. In the past three months, this stock’s price has changed by +20.87%, trading in the range of $11.39 to $16.25.

In the past 5 days, shares of IGT have made a new high 1 time. In the last month, it has made a new high 3 times, and in the past 3 months, it has made a new high 9 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 0.21. This is a -0.07 difference compared to the consensus estimate of 0.28, amounting to an earnings surprise of -25.00%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 0.28, making for an earnings surprise of 57.10%. For the quarter ending 3/30/2019, EPS was reported at 0.12, generating a -47.80% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $114.65 million. This is compared to the prior year, where Net Income was $-947.51 million. Meanwhile, this company’s Operating Cash Flow was $29.63 million for the year, compared to $663.39 million in 2017. Capital Expenditures for the year were reportedly -$533.05 million, compared to -$698.01 million, and Free Cash flow was $-503.43 million compared to the prior year’s $-34.62 million.

International Game Technology PLC (IGT) stock currently has a Financial Strength score of 3/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.07, an Equity to Asset ratio of 0.13, a Debt to Equity ratio of 4.57 and a Debt to EBITDA of 5.9. The Interest Coverage of this stock is 1.73, its Piotroski F-Score is 4, its Altman Z-Score is 0.72 and its Beneish M-Score is -2.62.

This publicly-traded company’s Profitability and Growth score is 6/10, thanks to a combination of things: an Operating Margin of 15.23, a Net Margin of 0.97, a ROE of 2.54, and a ROC of 39.46.

Shifting focus now to Valuation and Return for IGT, this company’s Price to Median PS Value is 0.78. Price to Peter Lynch Fair Value for IGT is now 0.00. Meanwhile, its Forward Rate of Return (Yactman) is 5.47.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for IGT is sitting at 0.92, while its Current Ratio is 1.03. This stock’s PB Ratio is 1.66, its PS Ratio is 0.61, its Forward PE Ratio is 11.74, and its PE Ratio without NRI is 62.96. Similarly, its Shiller PE Ratio is 262.88, its Price to Free Cash Flow is 38.31 and its Price to Operating Cash Flow is 5.22.