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$25.16|
|52 Week High||US$32.95|
|52 Week Low||US$11.87|
|1 Month Change||-21.13%|
|3 Month Change||18.34%|
|1 Year Change||107.59%|
|3 Year Change||48.61%|
|5 Year Change||-1.22%|
|Change since IPO||25.30%|
Recent News & Updates
International Game Technology (NYSE:IGT) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
International Game Technology (NYSE:IGT) Is Doing The Right Things To Multiply Its Share Price
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Calculating The Fair Value Of International Game Technology PLC (NYSE:IGT)
Does the August share price for International Game Technology PLC ( NYSE:IGT ) reflect what it's really worth? Today...
|IGT||US Hospitality||US Market|
Return vs Industry: IGT exceeded the US Hospitality industry which returned -3.1% over the past year.
Return vs Market: IGT exceeded the US Market which returned 17.8% over the past year.
|IGT Average Weekly Movement||6.4%|
|Hospitality Industry Average Movement||6.8%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.9%|
|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 +/- 6% a week.
Volatility Over Time: IGT's weekly volatility (6%) has been stable over the past year.
About the Company
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|
Is IGT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IGT income statement (TTM)|
|Cost of Revenue||US$2.06b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-1.03|
|Net Profit Margin||-5.36%|
How did IGT perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is International Game Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IGT ($25.16) is trading below our estimate of fair value ($26.16)
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 (3.9x) compared to the US Hospitality industry average (3x).
How is International Game Technology forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IGT's earnings are forecast to decline over the next 3 years (-1.5% per year).
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 (4.5% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: IGT's revenue (4.5% 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 high in 3 years time (26.5%)
How has International Game Technology performed over the past 5 years?
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.
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.
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.
What is International Game Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IGT's dividend (3.18%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: IGT's dividend (3.18%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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 (43.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marco Sala (62 yo)
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 ($USD6.26M).
Compensation vs Earnings: Marco's compensation has been consistent with company performance over the past year.
Experienced Management: IGT's management team is considered experienced (2.8 years average tenure).
Experienced Board: IGT's board of directors are considered experienced (5.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
International Game Technology PLC's employee growth, exchange listings and data sources
- Name: International Game Technology PLC
- Ticker: IGT
- Exchange: NYSE
- Founded: 2014
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$5.144b
- Shares outstanding: 205.19m
- Website: https://www.igt.com
Number of Employees
- International Game Technology PLC
- Marble Arch House
- 2nd Floor
- Greater London
- W1H 5BT
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:37|
|End of Day Share Price||2021/12/02 00:00|
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.