Shares of Scientific Games Corp (NASDAQ:SGMS) have received a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $48.40.
A number of brokerages recently weighed in on SGMS. Jefferies Group began coverage on Scientific Games in a research note on Tuesday. They set a “buy” rating and a $57.00 price objective for the company. BidaskClub cut Scientific Games from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. Stifel Nicolaus restated a “hold” rating and set a $55.00 price objective on shares of Scientific Games in a research note on Friday, February 2nd. Finally, Zacks Investment Research cut Scientific Games from a “hold” rating to a “sell” rating in a research note on Friday, February 9th.
In related news, Director Richard M. Haddrill sold 8,000 shares of the company’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $51.28, for a total transaction of $410,240.00. Following the transaction, the director now directly owns 136,542 shares of the company’s stock, valued at approximately $7,001,873.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 40.61% of the company’s stock.
Shares of Scientific Games (NASDAQ SGMS) traded down $0.45 during midday trading on Friday, hitting $43.50. The company had a trading volume of 456,400 shares, compared to its average volume of 1,092,362. The company has a quick ratio of 1.45, a current ratio of 1.83 and a debt-to-equity ratio of -4.07. The stock has a market cap of $3,899.40, a PE ratio of -12.43 and a beta of 2.51. Scientific Games has a 1 year low of $19.80 and a 1 year high of $56.45.
Scientific Games Company Profile
Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.
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