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International Game Technology - Stock

International Game Technology P/E 2024

International Game Technology P/E

12.21

Ticker

IGT

ISIN

GB00BVG7F061

WKN

A14QUY

As of Jun 18, 2024, International Game Technology's P/E ratio was 12.21, a -62.61% change from the 32.66 P/E ratio recorded in the previous year.

The International Game Technology P/E history

International Game Technology Aktienanalyse

What does International Game Technology do?

International Game Technology PLC (IGT) is a leading provider of technologies and services for the gambling industry. The company was founded in 1975 by William S. Redd and has since built an impressive track record of success. IGT offers a comprehensive portfolio of products and services, including lottery systems, slot machines, online and mobile games, and betting systems. The company serves customers in over 100 countries and operates in various sectors. Gambling is the main source of revenue for IGT, with a wide range of slot machines catering to different target audiences and markets. The company also has a significant presence in the lottery sector, providing solutions for traditional lottery games. In addition, IGT offers a variety of solutions for online casinos, including game platforms, software tools, and integrated payment systems. The company's sports betting segment focuses on solutions for sports-related betting, offering a wide selection of betting options, live streaming, and mobile applications. Research and development are key to IGT's success, as the company continually invests in new technologies and products to stay at the forefront of the industry and adapt to changing customer habits and preferences. In summary, IGT is a major player in the global gambling market, with a diverse portfolio of products, solutions, and services catering to various industry segments. The company has a strong track record and continues to build on its experience and expertise to capitalize on future growth opportunities. International Game Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering International Game Technology's P/E Ratio

The Price to Earnings (P/E) Ratio of International Game Technology is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing International Game Technology's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of International Game Technology is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in International Game Technology’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about International Game Technology Stock

What is the price-to-earnings ratio of International Game Technology?

The price-earnings ratio of International Game Technology is currently 12.21.

How has the price-earnings ratio of International Game Technology changed compared to last year?

The price-to-earnings ratio of International Game Technology has increased by -62.61% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of International Game Technology high compared to other companies?

Yes, the price-to-earnings ratio of International Game Technology is high compared to other companies.

How does an increase in the price-earnings ratio of International Game Technology affect the company?

An increase in the price-earnings ratio of International Game Technology would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of International Game Technology affect the company?

A decrease in the price-earnings ratio of International Game Technology would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of International Game Technology?

Some factors that influence the price-earnings ratio of International Game Technology are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does International Game Technology pay?

Over the past 12 months, International Game Technology paid a dividend of 0.8 USD . This corresponds to a dividend yield of about 3.94 %. For the coming 12 months, International Game Technology is expected to pay a dividend of 0.88 USD.

What is the dividend yield of International Game Technology?

The current dividend yield of International Game Technology is 3.94 %.

When does International Game Technology pay dividends?

International Game Technology pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of International Game Technology?

International Game Technology paid dividends every year for the past 0 years.

What is the dividend of International Game Technology?

For the upcoming 12 months, dividends amounting to 0.88 USD are expected. This corresponds to a dividend yield of 4.33 %.

In which sector is International Game Technology located?

International Game Technology is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von International Game Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of International Game Technology from 6/13/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 5/30/2024.

When did International Game Technology pay the last dividend?

The last dividend was paid out on 6/13/2024.

What was the dividend of International Game Technology in the year 2023?

In the year 2023, International Game Technology distributed 0.8 USD as dividends.

In which currency does International Game Technology pay out the dividend?

The dividends of International Game Technology are distributed in USD.

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Andere Kennzahlen von International Game Technology

Our stock analysis for International Game Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of International Game Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.