International Game Technology (IGT)
(Delayed Data from NYSE)
$20.24 USD
-0.46 (-2.22%)
Updated May 17, 2024 04:00 PM ET
After-Market: $20.23 -0.01 (-0.05%) 7:58 PM ET
3-Hold of 5 3
A Value C Growth D Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
IGT 20.24 -0.46(-2.22%)
Will IGT be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for IGT based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for IGT
IGT (IGT) Reports Q1 Earnings: What Key Metrics Have to Say
International Game Technology (IGT) Tops Q1 Earnings and Revenue Estimates
IGT: What are Zacks experts saying now?
Zacks Private Portfolio Services
Curious about IGT (IGT) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Super League Enterprise (SLE) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Earnings Preview: International Game Technology (IGT) Q1 Earnings Expected to Decline
Other News for IGT
International Game Technology Shareholders Approve Resolutions
Bet On It: Investment manager comes out against Play AGS take-private deal
IGT PlaySports Launches Trading Advisory Services in Michigan with Lac Vieux Desert Northern Waters Casino & Resort
International Game price target lowered by $7 at Susquehanna, here's why
International Game price target lowered by $3 at Truist, here's why