International Game Technology (IGT) Expected to Announce Quarterly Earnings on Tuesday

International Game Technology (NYSE:IGT) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $657.84 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

International Game Technology Price Performance

Shares of NYSE:IGT opened at $17.96 on Monday. The company has a 50 day moving average of $17.31 and a 200 day moving average of $19.59. The stock has a market cap of $3.57 billion, a P/E ratio of 29.93 and a beta of 1.91. International Game Technology has a 12 month low of $16.42 and a 12 month high of $27.27. The company has a current ratio of 2.36, a quick ratio of 2.31 and a debt-to-equity ratio of 2.85.

Analyst Upgrades and Downgrades

IGT has been the subject of several recent analyst reports. StockNews.com raised shares of International Game Technology from a “hold” rating to a “buy” rating in a research note on Friday, November 8th. Truist Financial reduced their price objective on shares of International Game Technology from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, International Game Technology 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.