Analyst Ratings for International Game Technology PLC (IGT)

Updated: 2017-07-28

An average rating of Overweight has been given to International Game Technology PLC (NYSE:IGT) by analysts covering the stock. Last month, IGT received an average rating of Overweight.

7 analysts issued ratings on the stock, where 3 gave IGT a buy rating, 1 gave an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for IGT. The most optimistic price target was 32, which equates to a potential upside of 66.58 percent. The lowest price target was 20, implying a possible loss of 4.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -31.91 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -25.3 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of IGT to grow at a rate of 24.36 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. IGT has a PEG ratio of 0.64.

In the trailing 52-weeks, IGT hit 32.07 at the highest peak, while it's lowest trading point was 17.25. Currently the stock is 11.36 percent higher than its low, and 40.1 percent below the high. IGT has a P/E ratio of 15.62. Investors typically compare the P/E ratio to a company's peers in the industry. The IGT value stock report compares IGT to some of its peers using value stock charts. The market cap of IGT is $4.02 billion. IGT's next earnings release will be on 0000-00-00, which is days away.