Scientific Games (NASDAQ:SGMS) issued its earnings results on Wednesday. The technology company reported ($0.48) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.25), Briefing.com reports. The firm had revenue of $823.00 million during the quarter, compared to analysts’ expectations of $815.28 million. During the same quarter last year, the business earned ($1.26) earnings per share. The company’s revenue was up 9.4% on a year-over-year basis.
Scientific Games (NASDAQ:SGMS) opened at $44.45 on Thursday. Scientific Games has a 12-month low of $19.80 and a 12-month high of $56.45. The company has a debt-to-equity ratio of -4.07, a current ratio of 1.83 and a quick ratio of 1.45.
Several equities research analysts have recently issued reports on the company. BidaskClub cut Scientific Games from a “buy” rating to a “hold” rating in a report on Saturday, February 3rd. Stifel Nicolaus reaffirmed a “hold” rating and issued a $55.00 target price on shares of Scientific Games in a report on Friday, February 2nd. Zacks Investment Research cut Scientific Games from a “hold” rating to a “sell” rating in a report on Friday, February 9th. Finally, Jefferies Group assumed coverage on Scientific Games in a report on Tuesday, February 20th. They issued a “buy” rating and a $57.00 target price on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $47.17.
Scientific Games Company Profile
Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.
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