Published On: Thu, Mar 17th, 2016

International Game Technology (NASDAQ:IGT) To Release Earnings

Analysts await International Game Technology (NASDAQ:IGT) to report earnings on Mar, 17 for the fiscal quarter ending Dec 2015.

They expect $0.42 EPS, up 100% or $0.42 from last year’s $n/a per share.

At the moment 11 analysts are watching International Game Technology (NASDAQ:IGT), 2 rate it “Buy”, 2 “Outperform”, 6 “Underperform”, 1 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Mar-16, 6 analysts have a mean sales target of 1,294.73 million. For the quarter ending Jun-16, 6 analysts have a mean sales target of 1,271.52 million whilst for the year ending Dec-16, 8 analysts have a mean target of 4,967.76 million.

In terms of earnings per share, 6 analysts have a 0.41 EPS mean target for the quarter ending Mar-16, for the quarter ending Jun-16, 6 analysts have a 0.39 EPS mean target and for the quarter ending Jun-16 there are 8 estimates of 1.72 EPS.

The biggest institutional shareholders in International Game Technology include DAVIDE LEONE & PARTNERS INVESTMENT which owns 8 million shares in the company valued at $131.75 million. Polaris Capital Management, LLC is the second biggest holder with 6 million shares currently valued at 92.63 million whilst OppenheimerFunds Inc has 6 million shares valued at 90.23 million.

Total shares held by institutions as of the most recent company filings are 39,239,018 with a reported 2,293,742 bought and 2,653,765 sold. These holdings make up 22.74% of the company’s outstanding shares.

The stock increased 6.98% or $1.11 during the last trading session, hitting $18.00. International Game Technology (NASDAQ:IGT) has risen 5.67% over the past 6 months and is uptrending.

Receive News & Ratings Via Email

Enter your email address below to get the latest news and analysts' ratings for your stocks with MarketBeat's FREE daily email newsletter: