International Game Technology PLC

NYSE IGT

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International Game Technology PLC Price to Earnings Ratio (P/E) on June 03, 2024: 28.80

International Game Technology PLC Price to Earnings Ratio (P/E) is 28.80 on June 03, 2024, a 22.68% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • International Game Technology PLC 52-week high Price to Earnings Ratio (P/E) is 63.56 on October 10, 2023, which is 120.66% above the current Price to Earnings Ratio (P/E).
  • International Game Technology PLC 52-week low Price to Earnings Ratio (P/E) is 22.34 on September 26, 2023, which is -22.43% below the current Price to Earnings Ratio (P/E).
  • International Game Technology PLC average Price to Earnings Ratio (P/E) for the last 52 weeks is 38.26.
NYSE: IGT

International Game Technology PLC

CEO Mr. Marco Sala
IPO Date March 26, 1990
Location United Kingdom
Headquarters Marble Arch House, London, United Kingdom, W1H 5BT
Employees 11,000
Sector Consumer Cyclical
Industry Gambling
Description

International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as iLottery solutions and services. It also designs, develops, assembles, and provides cabinets, games, systems, and software for the gaming market, as well as offers gaming management systems for casino management, such as infrastructure and applications, customer relationship management, patron management, and server-based gaming. In addition, the company provides video lottery terminals (VLT), VLT central systems, and VLT games. Further, it offers digital products, such as slot games, blackjack, roulette, poker, bingo, and other casino card games; iGaming systems and digital platforms that offer remote game server solution; and sports betting technology and management services to licensed sports betting operators. It processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfer services. The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was incorporated in 2014 and is headquartered in London, the United Kingdom. International Game Technology PLC is a subsidiary of De Agostini S.p.A.

StockViz Staff

September 16, 2024

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