International Game TechnologyIGT
Market Cap: $4.43B
About: International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and PlayDigital. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.
Employees: 11,016
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]
33% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 69
0.49% less ownership
Funds ownership: 46.24% [Q1] → 45.75% (-0.49%) [Q2]
5% less funds holding
Funds holding: 243 [Q1] → 230 (-13) [Q2]
10% less capital invested
Capital invested by funds: $2.09B [Q1] → $1.89B (-$207M) [Q2]
18% less call options, than puts
Call options by funds: $15.5M | Put options by funds: $18.8M
25% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 52
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stifel Jeffrey Stantial 57% 1-year accuracy 13 / 23 met price target | 37%upside $30 | Buy Maintained | 31 Jul 2024 |
B. Riley Securities David Bain 78% 1-year accuracy 7 / 9 met price target | 37%upside $30 | Buy Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 5 articles about IGT published over the past 30 days