Scientific Games Corp (NASDAQ:SGMS) Director Peter A. Cohen sold 20,049 shares of the stock in a transaction on Monday, March 5th. The shares were sold at an average price of $40.80, for a total value of $817,999.20. Following the sale, the director now owns 268,502 shares in the company, valued at approximately $10,954,881.60. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Shares of Scientific Games Corp (SGMS) traded up $3.35 during trading on Wednesday, reaching $47.45. The company’s stock had a trading volume of 1,592,235 shares, compared to its average volume of 937,590. The company has a market cap of $4,250.00, a P/E ratio of -16.77 and a beta of 2.47. The company has a quick ratio of 2.21, a current ratio of 2.54 and a debt-to-equity ratio of -4.31. Scientific Games Corp has a 12 month low of $20.50 and a 12 month high of $56.45.
Scientific Games (NASDAQ:SGMS) last announced its quarterly earnings data on Wednesday, February 28th. The technology company reported ($0.28) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.28). The business had revenue of $823.00 million during the quarter, compared to the consensus estimate of $814.40 million. equities analysts anticipate that Scientific Games Corp will post 0.02 EPS for the current year.
SGMS has been the topic of several recent research reports. BidaskClub lowered Scientific Games from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 25th. Bank of America decreased their price target on Scientific Games from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Friday, March 2nd. Jefferies Group initiated coverage on Scientific Games in a report on Tuesday, February 20th. They set a “buy” rating and a $57.00 price target on the stock. Zacks Investment Research lowered Scientific Games from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Finally, Telsey Advisory Group initiated coverage on Scientific Games in a report on Wednesday. They set an “outperform” rating and a $52.00 price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $52.33.
About Scientific Games
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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