Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate International Game Technology PLC before investing.

In this article, we go over a few key elements for understanding International Game Technology PLC’s stock price such as:

International Game Technology PLC’s current stock price and volume
Why International Game Technology PLC’s stock price changed recently
Upgrades and downgrades for IGT from analysts
IGT’s stock price momentum as measured by its relative strength

About International Game Technology PLC (IGT)

Before we jump into International Game Technology PLC’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

International Game Technology PLC is a United Kingdom-based company, which is engaged in gaming. The Company operates and provides an integrated portfolio of gaming technology products and services, including online and instant lottery systems, iLottery, instant ticket printing, lottery management services, commercial services, gaming systems, electronic gaming machines, iGaming, and sports betting. The Company operates through three segments. The Global Lottery segment operates traditional lottery and iLottery businesses across the world, which includes sales, operations, product development, technology, and support, across the world. The Global Gaming segment operates a land-based gaming business across the world, which includes sales, product management, studios, global manufacturing, operation, and technology, across the world. The Digital & Betting segment operates iGaming and sports betting activities across the world.

Want to learn more about International Game Technology PLC’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about International Game Technology PLC.

International Game Technology PLC’s Stock Price as of Market Close

As of July 26, 2024, 4:00 PM, CST, International Game Technology PLC’s stock price was $23.77.

International Game Technology PLC is up 17.91% from its previous closing price of $20.16.

During the last market session, International Game Technology PLC’s stock traded between $20.01 and $20.42. Currently, there are 200.00 million shares of International Game Technology PLC stock available for purchase.

International Game Technology PLC’s price-earnings (P/E) ratio is currently at 19.1, which is high compared to the Casinos & Gaming industry median of 18.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

International Game Technology PLC Stock Price History

International Game Technology PLC’s (IGT) price is currently up 16.18% so far this month.

During the month of July, International Game Technology PLC’s stock price has reached a high of $23.91 and a low of $19.80.

Over the last year, International Game Technology PLC has hit prices as high as $33.99 and as low as $18.90. Year to date, International Game Technology PLC’s stock is up 4.81%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused International Game Technology PLC Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 25, 2024, there were 2 analysts who downgraded International Game Technology PLC’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate International Game Technology PLC’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on International Game Technology PLC’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

International Game Technology PLC’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about International Game Technology PLC (IGT) by visiting AAII Stock Evaluator.

Relative Price Strength of International Game Technology PLC

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 25, 2024, International Game Technology PLC has a weighted four-quarter relative price strength of -13.35%, which translates to a Momentum Score of 23 and is considered to be Weak.

Want to learn more about how International Game Technology PLC is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

International Game Technology PLC Stock Price: Bottom Line

As of July 26, 2024, International Game Technology PLC’s stock price is $23.77, which is up 17.91% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like International Game Technology PLC stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.