International Game Technology Stock Today
| IGT Stock | USD 19.98 0.25 1.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
International Game is selling for under 19.98 as of the 18th of April 2024; that is -1.24 percent down since the beginning of the trading day. The stock's last reported lowest price was 19.92. International Game has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for International Game Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 18th of April 2024. Click here to learn more.
International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. International Game Technology PLC is a subsidiary of De Agostini S.p.A. The company has 200.48 M outstanding shares of which 1.44 M shares are currently shorted by investors with about 0.73 days to cover. More on International Game Technology
Moving together with International Stock
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Moving against International Stock
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| 0.41 | RSI | Rush Street Interactive Financial Report 1st of May 2024 | PairCorr |
Follow Valuation Odds of Bankruptcy
Financial Report 14th of May 2024
International Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. International Game's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding International Game or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Enrico Drago |
| Thematic Ideas | (View all Themes) |
| Old Names | [INTL GAME TECHNOLOG, INTL GAME TECHNOLOG, INTL GAME TECHNOLOG, INTL GAME TECHNOLOG] |
| Business Concentration | Entertainment, Gambling, Consumer Cyclical, NYSE Composite, Casinos, Consumer Discretionary, Hotels, Restaurants & Leisure, Gambling, Consumer Cyclical (View all Sectors) |
International Game Technology (IGT) is traded on New York Stock Exchange in USA. It is located in 10 Finsbury Square, London, United Kingdom, EC2A 1AF and employs 10,956 people. International Game is listed under Entertainment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate International Game's market, we take the total number of its shares issued and multiply it by International Game's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. International Game runs under Hotels, Restaurants & Leisure sector within Consumer Discretionary industry. The entity has 200.48 M outstanding shares of which 1.44 M shares are currently shorted by investors with about 0.73 days to cover.
International Game Technology has about 590 M in cash with 1.04 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.0.
Check International Game Probability Of Bankruptcy
Ownership AllocationInternational Game Technology has a total of 200.48 Million outstanding shares. Over half of International Game's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in International Game Technology. Please watch out for any change in the institutional holdings of International Game as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check International Ownership Details
International Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of International Game jumping above the current price in 90 days from now is under 95%. The International Game Technology probability density function shows the probability of International Game stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon International Game Technology has a beta of -0.4305. This usually indicates as returns on the benchmark increase, returns on holding International Game are expected to decrease at a much lower rate. During a bear market, however, International Game Technology is likely to outperform the market. Additionally, international Game Technology has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of International Game to move above the current price in 90 days from now is under 95 (This International Game Technology probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) .
International Game Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. International Game market risk premium is the additional return an investor will receive from holding International Game long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in International Game. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although International Game's alpha and beta are two of the key measurements used to evaluate International Game's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.8786 |
International Stock Against Markets
Picking the right benchmark for International Game stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in International Game stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for International Game is critical whether you are bullish or bearish towards International Game Technology at a given time. Please also check how International Game's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in International Game without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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International Game Corporate Directors
International Game corporate directors refer to members of an International Game board of directors. The board of directors generally takes responsibility for the International Game's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of International Game's board members must vote for the resolution. The International Game board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gianmario Ruos | Non-Executive Independent Director | Profile | |
| Vincent Sadusky | Non-Executive Independent Director | Profile | |
| Janice Chaffin | Independent Director | Profile | |
| Eric Brown | Independent Director | Profile |
How to buy International Stock?
Before investing in International Game, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in International Game. To buy International Game stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of International Game. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase International Game stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located International Game Technology stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased International Game Technology stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as International Game Technology, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy International Stock please use our How to Invest in International Game guide.
Already Invested in International Game Technology?
The danger of trading International Game Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of International Game is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than International Game. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile International Game is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether International Game is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if International Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about International Game Technology Stock. Highlighted below are key reports to facilitate an investment decision about International Game Technology Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for International Stock analysis
When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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Is International Game's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Game. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Game listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Game's market value can be influenced by many factors that don't directly affect International Game's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.