International Game Technology (IGT) Scheduled to Post Quarterly Earnings on Tuesday

International Game Technology (NYSE:IGT) will announce its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

International Game Technology Price Performance

Shares of IGT opened at $20.32 on Tuesday. The company has a current ratio of 0.84, a quick ratio of 0.71 and a debt-to-equity ratio of 2.57. The stock’s 50 day moving average is $21.18 and its two-hundred day moving average is $20.90. International Game Technology has a twelve month low of $18.90 and a twelve month high of $29.17. The firm has a market capitalization of $4.05 billion, a PE ratio of 19.92 and a beta of 1.96.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on IGT shares. StockNews.com cut International Game Technology from a “buy” rating to a “hold” rating in a research report on Friday, September 13th. B. Riley reiterated a “buy” rating and issued a $30.00 price objective on shares of International Game Technology in a research note on Friday, July 26th. Finally, Stifel Nicolaus upped their target price on shares of International Game Technology from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, International Game Technology currently has an average rating of “Moderate Buy” and a consensus price target of $28.67.

International Game Technology Company Profile

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.