Headlines about International Game Technology (NYSE:IGT) have trended positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. International Game Technology earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7831460852782 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern’s analysis:
- International Game Technology is Twice Blessed (finance.yahoo.com)
- Jefferies Group Analysts Give International Game Technology (IGT) a $34.00 Price Target (americanbankingnews.com)
- IGT swings to $1bn loss in 2017 despite improved Q4 performance (gamingintelligence.com)
- IGT reports strong 4Q results, declares dividend (ggrasia.com)
- Bank of America Analysts Give International Game Technology (IGT) a $32.00 Price Target (americanbankingnews.com)
A number of equities analysts recently issued reports on the company. Jefferies Group set a $34.00 target price on International Game Technology and gave the stock a “buy” rating in a report on Friday. Bank of America set a $32.00 target price on International Game Technology and gave the stock a “buy” rating in a report on Thursday. Argus upgraded International Game Technology from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a report on Wednesday, November 29th. ValuEngine upgraded International Game Technology from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Deutsche Bank lifted their target price on International Game Technology to $34.00 and gave the stock a “buy” rating in a report on Monday, November 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company’s stock. International Game Technology presently has a consensus rating of “Buy” and an average target price of $31.25.
International Game Technology (NYSE:IGT) last issued its quarterly earnings results on Thursday, March 8th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.37). International Game Technology had a negative net margin of 21.64% and a positive return on equity of 9.98%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter in the prior year, the firm posted $0.88 EPS. The business’s quarterly revenue was up 1.9% compared to the same quarter last year. analysts expect that International Game Technology will post 1.37 EPS for the current fiscal year.
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International Game Technology Company Profile
International Game Technology (IGT) is a global gaming company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms: land-based, online real-money and social gaming. The Company is a supplier of gaming entertainment products worldwide.
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