Scientific Games (NASDAQ:SGMS) shares traded -1.13% down during most recent session to reach at the closing price of $24.49. The stock exchanged hands 925021 shares versus average trading capacity of 1.79 Million shares, yielding a market cap of $2.27 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $32.18 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Scientific Games (NASDAQ:SGMS) high price target of $60 and with a conservative view have low price target of $21.
Jefferies “Downgrades” Scientific Games (NASDAQ:SGMS) in a research note issued to investors on 11/16/18 to Hold with price target of $22.
Additionally on 10/02/18 SunTrust Robinson Humphrey “Initiates Coverage On” Scientific Games (NASDAQ:SGMS) to Buy setting price target at $36 and on 8/14/18 Credit Suisse “Initiates Coverage On” the stock to Underperform at $31. Furthermore on 8/08/18 Stifel Nicolaus “Maintained” the stock to Hold at $44.
On the other hand the company has Relative Strength Index (RSI 14) of 63.28 along with Average True Range (ATR 14) of 1.15, Consequently Scientific Games (NASDAQ:SGMS)’s weekly and monthly volatility is 3.85%, 5.31% respectively. The company’s beta value is at 2.35.
In terms of Buy, Sell or Hold recommendations, Scientific Games (NASDAQ:SGMS) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Scientific Games (NASDAQ:SGMS)’s minimum EPS for the current quarter is at $-0.03 and can go high up to $0.2. The consensus mean EPS for the current quarter is at $0.1 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.48 earnings per share for the same quarter during last year.
Previously Scientific Games (NASDAQ:SGMS) reported $-3.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.16 by $-3.69. The company posted an earnings surprise of -2306.2%.
Scientific Games (NASDAQ:SGMS)’s revenue estimates for the current quarter are $873.98 Million according to 12 number of analysts, for the current quarter the company has high revenue estimates of $911 Million in contradiction of low revenue estimates of $835 Million. For the current year the company’s revenue estimates are $3.35 Billion compared to low analyst estimates of $3.31 Billion and high estimates of $3.39 Billion according to 12 number of analysts.
Currently Scientific Games (NASDAQ:SGMS)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 66.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.93%.
Scientific Games (NASDAQ:SGMS)’s trailing twelve month revenues are $3.3 Billion, whereas its price to sales ratio for the same period is 0.69. Its book value per share for the most recent quarter is $-28.65 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $1.22, however its price to cash per share ratio for the same period is 20.01. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.