Latest news with #InternationalGameTechnology
Yahoo
16-05-2025
- Business
- Yahoo
International Game Technology (NYSE:IGT) Is Paying Out A Dividend Of $0.20
International Game Technology PLC's (NYSE:IGT) investors are due to receive a payment of $0.20 per share on 12th of June. Based on this payment, the dividend yield on the company's stock will be 4.8%, which is an attractive boost to shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. International Game Technology is not generating a profit, but its free cash flows easily cover the dividend, leaving plenty for reinvestment in the business. In general, cash flows are more important than the more traditional measures of profit so we feel pretty comfortable with the dividend at this level. Over the next year, EPS is forecast to rise by 65.4%. While it is good to see income moving in the right direction, it still looks like the company won't achieve profitability. The healthy cash flows are definitely a good sign though, so we wouldn't panic just yet, especially with the earnings growing. View our latest analysis for International Game Technology The company has a long dividend track record, but it doesn't look great with cuts in the past. The last annual payment of $0.80 was flat on the annual payment from10 years ago. We're glad to see the dividend has risen, but with a limited rate of growth and fluctuations in the payments the total shareholder return may be limited. With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. It's encouraging to see that International Game Technology has been growing its earnings per share at 62% a year over the past five years. While the company is not yet turning a profit, it is growing at a good rate. If the company can turn a profit relatively soon, we can see this becoming a reliable income stock. Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. We would be a touch cautious of relying on this stock primarily for the dividend income. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. However, there are other things to consider for investors when analysing stock performance. As an example, we've identified 1 warning sign for International Game Technology that you should be aware of before investing. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
21-04-2025
- Business
- Yahoo
When Should You Buy International Game Technology PLC (NYSE:IGT)?
International Game Technology PLC (NYSE:IGT), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price? Let's take a look at International Game Technology's outlook and value based on the most recent financial data to see if the opportunity still exists. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. International Game Technology is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that International Game Technology's ratio of 49.92x is above its peer average of 22.03x, which suggests the stock is trading at a higher price compared to the Hospitality industry. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Given that International Game Technology's share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. See our latest analysis for International Game Technology Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. International Game Technology's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has well and truly priced in IGT's positive outlook, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe IGT should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping tabs on IGT for some time, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for IGT, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. So while earnings quality is important, it's equally important to consider the risks facing International Game Technology at this point in time. Be aware that International Game Technology is showing 2 warning signs in our investment analysis and 1 of those can't be ignored... If you are no longer interested in International Game Technology, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
21-02-2025
- Business
- Yahoo
Lottery Market to Reach USD 560.6 Billion by 2032
The Lottery Market is growing as digital platforms, mobile apps, and blockchain technology enhance accessibility, security, and player engagement worldwide. Pune, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Lottery Market Size Analysis: 'The SNS Insider report indicates that the Lottery Market was valued at USD 337.0 billion in 2023 and is estimated to reach USD 560.6 billion by 2032, growing at a robust CAGR of 5.84% from 2024 to 2032.' The market is experiencing significant growth due to advancements in online gaming technology, the rising popularity of instant lottery games, and the increasing legalization of lotteries in multiple a Sample Report of Lottery Market@ Major Players Analysis Listed in this Report are: International Game Technology (IGT) – Aurora Lottery System Scientific Games Corporation – SciQ Lottery Retail Ecosystem Camelot Group – UK National Lottery Platform INTRALOT S.A. – LotosX Lottery Solution Francaise des Jeux (FDJ) – ParionsSport Lottery Lottomatica S.p.A. – My Lotto App Hong Kong Jockey Club – Mark Six Lottery Florida Lottery – Jackpot Triple Play California State Lottery – SuperLotto Plus China Sports Lottery – Welfare Lottery System Tatts Group (The Lott) – Oz Lotto Singapore Pools – TOTO Lottery Camelot Lottery Solutions – iLottery Platform NeoGames S.A. – NeoSphere Lottery Platform Loto-Québec – Lotteries Online Lottery Market Report Scope: Report Attributes Details Market Size in 2023 USD 337.0 Billion Market Size by 2032 USD 560.6 Billion CAGR CAGR of 5.84% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers The adoption of online lottery platforms and mobile apps is enhancing accessibility, security, and global participation, driving market growth. Do you have any specific queries or need any customization research on Lottery Market, Make an Enquiry Now@ The Rise of Digital and Crypto-Based Lottery Payments The lottery market is witnessing wide growth, Consumer access to online lottery participation is increasing, which is directly attributed to the higher penetration of online lottery platforms and mobile applications. Governments regard lotteries as a massive source of revenue and are making the industry widely legal with regulated playability to maintain a responsible gaming environment. Crypto-based lottery transaction processes and digital payment facilitate in such a way that it can lift the burden of doing cash-based transactions, thus accompanying a smooth and safe flow of transactions. By Category: Draw-Based Lottery Dominates, Sports Games Grow Fastest The draw-based lottery dominated the market and accounted for a significant revenue share in 2023, owing to the high customer trust built over the years and the various government-supported lottery systems. Weekly and daily draws remain one of the favorite lotteries due to high jackpot value, government guarantee, and rising online participation. The Sports Games segment is expected to register the fastest CAGR during the forecast period, due to the growing popularity of sports betting and fantasy sports platforms. Sports-oriented lotteries are appealing to younger generations by offering real-time engagement features. In addition, government authorities are loosening up implemented laws for sanctioned game wagering, which will increase market growth in various locations. By Application: Offline Dominates, Online Registers Fastest CAGR The offline segment dominated the market and accounted for a significant revenue share in 2023, as despite the growing popularity of online lottery games, traditional lottery ticket sales remain considerable throughout retail stores, kiosks, and other local convenience outlets. For many consumers, particularly in developing economies, physical lottery tickets are the more familiar and convenient option. The Online segment is the fastest growing, driven by mobile-based lotteries, the rising use of digital payments for lottery-related transactions, and AI-based lottery platforms. The convenience of instant prize collection, AI-generated randomization, and a new generation of players have made these online lottery services more popular than ever. The increasing penetration of smartphones and the secure technology used in blockchain are anticipated to fuel the adoption of online lotteries. Lottery Market Segmentation: By Category Draw based lottery Instant games Sports game By Application Online OfflineBuy an Enterprise-User PDF of Lottery Market Analysis & Outlook 2024-2032@ Regional Outlook: North America Leads, Asia-Pacific Registers Fastest Growth North America dominated the market and accounted for a significant revenue share in 2023, owing to the high disposable incomes of people and regulatory support for state lotteries in the region and digital lottery adoption. In the U.S., multi-state lotteries such as Powerball and Mega Millions earn tremendous amounts of money and maintain a primary spot on the stage. The Asia-Pacific is expected to register the fastest CAGR during the forecast period, where higher smartphone penetration, government-driven digital lottery initiatives, and increasing integration of online gaming platforms drive market growth. Although mobile lottery applications, instant gaming solutions, and AI-based ticket validation systems have gained traction in countries such as China, India, and Japan. Recent Developments in the Lottery Market (2024) January 2024 – IGT (International Game Technology): Launched an AI-driven predictive analytics system to enhance lottery draw fairness and prevent fraud. February 2024 – Scientific Games: Introduced a new digital instant lottery platform, enhancing user experience and security. March 2024 – Camelot Group: Announced the expansion of its blockchain-powered transparent lottery system to multiple international markets. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Lottery Market Segmentation, by Category 8. Lottery Market Segmentation, by Application 9. Regional Analysis 10. Company Profiles 11. Use Cases and Best Practices 12. Conclusion Access Complete Report Details of Lottery Market Analysis Report 2024-2032@ [For more information or need any customization research mail us at info@ SNS Insider Offering/ Consulting Services: Go To Market Assessment Service Total Addressable Market (TAM) Assessment Competitive Benchmarking and Market Share Gain About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Sign in to access your portfolio
