International Game Stock Target Price and Analyst Consensus

IGT Stock  USD 19.27  0.28  1.47%   
The current analyst and expert consensus on International Game is Buy with 4 hold recommendations. The current projected International Game target price consensus is 36.73 with 8 analyst opinions. One of the most common ways International Game analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to International Game vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on International Game. We strongly encourage you to use your own analysis of International Game to validate this buy or sell advice. International Game recommendation module provides expert sentiment on the projected International Game target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on International Game to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
33.42
Highest Forecast
40.77
Target Price
36.73
Pretax Profit Margin is likely to gain to 0.15 in 2024, whereas Gross Profit is likely to drop slightly above 1.5 B in 2024. At this time, International Game's Short Term Investments are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 2.2 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 1.1 B in 2024.
  
It's important to approach International Game's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize International Game price targets

International Game's stock target price is an estimate of its future price, usually made by analysts. Using International Game's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at International Game's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if International Game's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional International Game Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of International Game is a key component of International Game valuation and have some predictive power on the future returns of a International Game.
Hype
Prediction
LowEstimatedHigh
17.6218.9720.32
Details
Intrinsic
Valuation
LowRealHigh
17.0923.6224.97
Details
Naive
Forecast
LowNextHigh
16.1917.5418.89
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.380.380.38
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as International Game. Your research has to be compared to or analyzed against International Game's peers to derive any actionable benefits. When done correctly, International Game's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in International Game.

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Additional Tools for International Stock Analysis

When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.