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Is this Large Market Cap Stock target price reasonable for International Game Technology PLC (NYSE:IGT)?

The company in question is, International Game Technology PLC (NYSE:IGT) currently with a stock price of 26.54 (1.45% today). The market cap for International Game Technology PLC is 5112.97, and is in the sector Services, and Gaming Activities industry. The target price for International Game Technology PLC is 27.33. Currently International Game Technology PLC is trading with a P/E of 75.83, and a forward P/E of 12.39. Average volume for International Game Technology PLC is 1277.54 and so far today it is 677170.

Performance in the last year for International Game Technology PLC has been 65.65%. For EPS growth, International Game Technology PLC has seen a growth of -179.50%, and is looking to grow in the next year to 11.05%. More long term stats show that EPS growth has been 2.54% over the last five years and could be 10.00% for the next five years. International Game Technology PLC has seen sales growth quarter over quarter at 0.90%, with EPS growth quarter over quarter at 160.80%. The 20-day simple moving average is 11.99%, with the 200-day simple moving average coming to 43.02%.

Since the IPO date for International Game Technology PLC on the 3/26/1990, International Game Technology PLC has seen performance year to date to be 66.76%. With International Game Technology PLC trading at 26.54, the dividend yield is 3.06%, and the EPS is 0.35.

So could International Game Technology PLC, be undervalued? Well as said before P/E is 75.83. The PEG is 7.58, P/S is 1 and the P/B is at 1.54. The P/cash is *TBA, with P/free cash flow at 10.72.

International Game Technology PLC ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.8. This is with long term debt/equity at 2.41, and total debt/equity at 2.41.

In terms of margins, International Game Technology PLC has a gross margin of 38.80%, an operating margin of 12.20% and a profit margin of 1.40%.Payout ratio for International Game Technology PLC is 173.40%. Return on assets come to 0.50% with return on investment coming to 4.40%.

Insider ownership for International Game Technology PLC, is at 52.13% and institutional ownership comes to 37.00%. Outstanding shares are at 195.45. While shares float is 97.23. The float short is currently 2.26%, and short ratio is 1.72.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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