| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
IGT Stock Overview
International Game Technology PLC operates and provides gaming technology products and services worldwide.
International Game Technology Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.75 |
| 52 Week High | US$32.95 |
| 52 Week Low | US$15.11 |
| Beta | 2.17 |
| 1 Month Change | -3.95% |
| 3 Month Change | -8.92% |
| 1 Year Change | 49.36% |
| 3 Year Change | 69.63% |
| 5 Year Change | 0.19% |
| Change since IPO | 33.22% |
Recent News & Updates
International Game Technology (NYSE:IGT) Shareholders Will Want The ROCE Trajectory To Continue
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Estimating The Intrinsic Value Of International Game Technology PLC (NYSE:IGT)
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Shareholder Returns
| IGT | US Hospitality | US Market | |
|---|---|---|---|
| 7D | -4.1% | -3.9% | -4.0% |
| 1Y | 49.4% | -6.1% | 6.6% |
Return vs Industry: IGT exceeded the US Hospitality industry which returned -4.9% over the past year.
Return vs Market: IGT exceeded the US Market which returned 7.7% over the past year.
Price Volatility
| IGT volatility | |
|---|---|
| IGT Average Weekly Movement | 6.7% |
| Hospitality Industry Average Movement | 7.9% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: IGT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: IGT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 11,033 | Marco Sala | https://www.igt.com |
International Game Technology PLC operates and provides gaming technology products and services worldwide. It operates in two segments, Global Lottery and Global Gaming. 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.
International Game Technology Fundamentals Summary
| IGT fundamental statistics | |
|---|---|
| Market Cap | US$5.45b |
| Earnings (TTM) | -US$210.33m |
| Revenue (TTM) | US$3.92b |
1.4x
P/S Ratio-25.9x
P/E RatioIs IGT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IGT income statement (TTM) | |
|---|---|
| Revenue | US$3.92b |
| Cost of Revenue | US$2.06b |
| Gross Profit | US$1.86b |
| Expenses | US$2.07b |
| Earnings | -US$210.33m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.03 |
| Gross Margin | 47.39% |
| Net Profit Margin | -5.36% |
| Debt/Equity Ratio | 324.7% |
How did IGT perform over the long term?
See historical performance and comparisonDividends
3.0%
Current Dividend Yield0%
Payout RatioValuation
Is International Game Technology undervalued compared to its fair value and its price relative to the market?
7.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IGT ($26.75) is trading below our estimate of fair value ($28.97)
Significantly Below Fair Value: IGT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IGT is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: IGT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IGT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IGT is overvalued based on its PB Ratio (4.1x) compared to the US Hospitality industry average (2.9x).
Future Growth
How is International Game Technology forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
0.04%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGT's forecast earnings growth (0.04% per year) is below the savings rate (2%).
Earnings vs Market: IGT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: IGT's is expected to become profitable in the next 3 years.
Revenue vs Market: IGT's revenue (4.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: IGT's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IGT's Return on Equity is forecast to be low in 3 years time (15.6%).
Past Performance
How has International Game Technology performed over the past 5 years?
-17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IGT is currently unprofitable.
Growing Profit Margin: IGT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: IGT is unprofitable, and losses have increased over the past 5 years at a rate of 17.2% per year.
Accelerating Growth: Unable to compare IGT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: IGT is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (79.7%).
Return on Equity
High ROE: IGT has a negative Return on Equity (-1.55%), as it is currently unprofitable.
Financial Health
How is International Game Technology's financial position?
Financial Position Analysis
Short Term Liabilities: IGT's short term assets ($2.4B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: IGT's short term assets ($2.4B) do not cover its long term liabilities ($7.5B).
Debt to Equity History and Analysis
Debt Level: IGT's net debt to equity ratio (303.2%) is considered high.
Reducing Debt: IGT's debt to equity ratio has increased from 240.1% to 324.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable IGT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IGT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.2% per year.
Dividend
What is International Game Technology current dividend yield, its reliability and sustainability?
2.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IGT's dividend (2.99%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: IGT's dividend (2.99%) is low compared to the top 25% of dividend payers in the US market (3.49%).
Stability and Growth of Payments
Stable Dividend: IGT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGT has only been paying a dividend for 6 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as IGT has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: IGT's dividends in 3 years are forecast to be well covered by earnings (44.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Marco Sala (62 yo)
6.75yrs
Tenure
US$5,825,817
Compensation
Mr. Marco Sala has been Chief Executive Officer of International Game Technology PLC since April 7, 2015. Mr. Sala serves as a Director of De Agostini S.p.A. since June 27, 2020. He served as the Vice Gene...
CEO Compensation Analysis
Compensation vs Market: Marco's total compensation ($USD5.83M) is about average for companies of similar size in the US market ($USD6.42M).
Compensation vs Earnings: Marco's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: IGT's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: IGT's board of directors are considered experienced (6.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
International Game Technology PLC's employee growth, exchange listings and data sources
Key Information
- Name: International Game Technology PLC
- Ticker: IGT
- Exchange: NYSE
- Founded: 2014
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Implied Market Cap: US$5.449b
- Shares outstanding: 203.69m
- Website: https://www.igt.com
Number of Employees
Location
- International Game Technology PLC
- Marble Arch House
- 2nd Floor
- London
- Greater London
- W1H 5BT
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 00:01 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.