The price of IGT is predicted to go up -8.24%, based on the high correlation periods with EU. The similarity of these two price pattern on the periods is 95.73%.
IGT
EU
Down: -8.24%Similarity: 95.73%
IGT Revenue Forecast
IGT EPS Forecast
IGT FAQs
What is bull’s view on IGT?
IGT stock is currently trading at $17.73. Bulls view the stock positively due to its consistent dividend yield of 4.46% and strategic transformation, including the $4.05 billion sale of its Gaming & Digital business, which strengthens its balance sheet. Despite missing Q4 earnings expectations, its 2025 revenue guidance of $2.55-$2.65 billion aligns with estimates, suggesting stability and potential for long-term growth.
What is bear's view on IGT?
IGT stock closed at $17.73 on February 28, 2025, down 1.06%. The bearish view stems from its Q4 2024 earnings miss, with EPS of $0.22 falling short of $0.37 expectations and revenue of $651M missing consensus by $6.84M. Additionally, declining EBITDA margins (44.5% vs. 46.4%) and high debt levels ($5.15B) signal financial strain, limiting upside potential.
What is IGT revenue forecast for next quarter?
The market consensus for IGT's revenue in the upcoming quarter is projected to be approximately $623.257M USD.
What is IGT eps forecast for next quarter?
The market consensus for IGT's eps in the upcoming quarter is projected to be approximately $0.28 USD.
Truist analyst Barry Jonas lowered the firm's price target on International Game to $20 from $23 and keeps a Hold rating on the shares as part of a 2025 outlook for the gaming sector. Outside of acquisition-related outperformance, 2024 was a challenging year for gaming stocks, the analyst tells investors in a research note. The firm says the rate environment remained volatile and stable fundamentals "weren't enough to overcome lingering macro fears." For 2025, Truist expects more of the same around the macro, but says "trough valuations could improve on any signs of life for fundamentals."