(IGT) International Game - Ratings and Ratios

International Game Technology PLC (IGT) is a global provider of lottery solutions, operating across the United States, Italy, and other regions. The company offers a comprehensive suite of products and services, including point-of-sale machines, lottery transaction processing systems, instant ticket games, and printing services. IGT also processes commercial transactions, licenses software, and provides marketing services to optimize retail performance and promote lottery brand awareness.

IGTs diverse revenue streams come from a range of sources, including lottery operations, commercial transactions, and software licensing. The companys products and services are designed to meet the evolving needs of the lottery industry, with a focus on innovative technology and customer support. With a global presence and a strong track record of delivering results, IGT is well-positioned to capitalize on growth opportunities in the lottery and gaming markets.

From a technical analysis perspective, IGTs stock price has been trending downward, with the 50-day and 200-day simple moving averages (SMA) indicating a potential bearish trend. The stocks relative strength index (RSI) is not provided, but the current price is below the 52-week high and near the 52-week low. Using the given , we can infer that the stock is experiencing a moderate level of volatility, with an average true range (ATR) of 0.54, representing a 3.57% daily price movement.

Combining the and , we can forecast that IGTs stock price may experience a short-term correction due to the bearish trend indicated by the SMA50 and SMA200. However, the companys strong fundamentals, including a market capitalization of $2.96 billion and a forward P/E ratio of 14.43, suggest a potential long-term buy opportunity. With a return on equity (RoE) of 18.73%, IGT demonstrates a strong ability to generate profits for shareholders. If the company can maintain its current level of profitability and continue to innovate and expand its product offerings, we forecast a potential price target of $18.50 in the next 6-12 months, representing a 22% increase from the current price.