International Game Technology Ordinary Shares (IGT) Company Bio
International Game Technology operates and provides a range of services and technology products across lotteries, machine gaming, sports betting, and interactive gaming markets in North America, Asia, and Europe. The company was founded in 2014 and is based in London, the United Kingdom.
IGT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for International Game Technology PLC with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that International Game Technology PLC ranked in the 62th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of International Game Technology PLC, consider:
The company has produced more trailing twelve month cash flow than 85.63% of its sector Consumer Cyclical.
18% of the company's capital comes from equity, which is greater than merely 8.04% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 82% of the company's capital (with equity being the remaining amount). Approximately 91.92% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as IGT, try MYE, MNIQQ, ALSN, THO, and HOG.
International Game Technology PLC (NYSE: IGT) announced that Emerald Queen I-5 Casino is leveraging the IGT ADVANTAGE casino management system ("CMS") and modules to operate its loyalty program, monitor and optimize its casino floor, and perform a range of other essential casino functions. Additionally, IGT's CrystalCurve™ and CrystalDual® 27 upright cabinets comprise the majority of the Class III floor share at the new, Tacoma, Wash. casino.
International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company's video gaming terminals ("VGTs"), CrystalDual® 27 and CrystalSlant™, received approval from the Pennsylvania Gaming Control Board to be added in qualified truck stop locations throughout the State. This approval positions IGT to build on its long-established gaming presence in Pennsylvania that encompasses slots and video poker games, casino management systems, iGaming, sports betting and the video gaming central system.
International Game Technology (IGT) has launched its next-generation bartop hardware, the PeakBarTop cabinet. The innovative PeakBarTop cabinet features an ergonomic design that includes a 23-inch curved, full-HD display, a front-mounted ticket printer, an embedded card reader with enhanced lighting and sound, a USB mobile device charging port, a play-level indicator...
International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it successfully launched its next-generation bartop hardware, the PeakBarTop™ cabinet. Guests of Cache Creek Casino Resort in Brooks, Calif., Morongo Casino Resort & Spa in Cabazon, Calif., San Manuel Casino in Highland, Calif. and Golden Nugget Hotel & Casino in Las Vegas, Nev. can be among the first players in the world to experience IGT's much-anticipated PeakBarTop cabinet and its legendary content library.