How to Buy International Game Technology Stock
International Game Technology PLC
International Game Technology is a gambling company located in United Kingdom, which is part of the Consumer Cyclical sector, and is traded under the ticker IGT on the NYSE exchange.
International Game Technology stock last closed at $16.07, up 0.06% from the previous day, and has decreased 21.34% in one year. It has underperformed other stocks in the Gambling industry by 0.21 percentage points. International Game Technology stock is currently +16.36% from its 52-week low of $13.81, and -33.4% from its 52-week high of $24.13.
At the moment, there are 201.86M IGT shares outstanding. The market capitalization of IGT is $3.24B. In the last 24 hours, 1.22M IGT shares were traded.
How to Buy International Game Technology Stock
Not sure how to invest in International Game Technology stock? Here's how.
- Choose where to buy International Game Technology stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy International Game Technology stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Choose your payment method and add your details.
- Evaluate International Game Technology stock: The International Game Technology ticker symbol is IGT. Is International Game Technology stock a good investment? Should you buy shares of IGT? How do IGT's underlying business fundamentals look? Do top analysts think International Game Technology is a good buy? Why has IGT's stock price moved recently? (Hint: Our stock market research website can help you understand if IGT is a good stock to buy).
- Make your IGT trade: Decide if you will purchase IGT shares at the current market price or use a limit order to buy IGT shares at a given price.
- Keep tabs on your IGT position: Create a watchlist to keep tabs on your new investment in International Game Technology stock.
Step 1: Choose where to buy International Game Technology stock
You need a brokerage account in order to access the NYSE market and buy IGT shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in IGT today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:
Check out the tutorial below for more details depositing funds into your brokerage account.
Step 4: Evaluate International Game Technology stock
Once you have identified the best place to buy International Game Technology stock, it's very important to analyze their stock prior to investing, so you truly comprehend the risk as well as the opportunity.
International Game Technology shares at a glance
IGT Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis in less time.
You can see all of the due diligence checks on IGT's stock page.
What is the fair value of IGT stock?
Investors use many financial metrics, analyses, models, and charts to gauge IGT's intrinsic value.
Using relative valuations methods:
- IGT could be undervalued based on its P/E ratio of 9.29x, relative to Gambling industry P/E ratio of 451.94x
- IGT could be undervalued based on its P/B ratio of 1.96x, relative to Gambling industry P/B ratio of 5.39x
You can do more valuation research on IGT's stock here.
How do IGT Financials look?
Passed Health Checks:
- Total IGT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the IGT balance sheet.
- There are more short-term assets than long-term liabilities on the IGT balance sheet.
- IGT profit margin has gone up from 6.2% to 13.9% in the past year.
Failed Health Checks:
- IGT has a relatively high debt to equity ratio of 4.97.
- IGT's operating cash flow of $1.03B allows it to safely service it's debt of $5.44B.
- IGT earnings of $804.00M is not sufficient to cover its interest payments.
Is it a good time to buy International Game Technology stock, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on IGT, the consensus analyst rating on International Game Technology is a Hold
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the International Game Technology stock forecast page.
IGT Technical Indicators
IGT Growth Numbers
Last year, IGT earnings were $348.00M. During the past 3 year, IGT's earnings have gone up by -69.16% per year. This was slower than the Gambling industry average of 69.83%.
Last year, IGT revenue was $2.51B. Over the last 5 year, IGT's revenue has gone up by -10.75% per year. This was slower than the Gambling industry average of 61.44%.
You can research IGT's earnings and revenue performance here.
Are IGT insiders buying or selling the stock?
Over the last year, executives and large shareholders at IGT have not bought or sold any shares.
Research more about who owns IGT shares here.
Does IGT stock generate passive income?
International Game Technology pays a dividend of 3.73%, compared to the Gambling industry's average dividend yield of 1.48%. If you owned $1,000 worth of IGT stock, you would have been paid $37.34 last year.
International Game Technology dividend payments have not consistently grown over the past decade but have remained stable.
Find more analysis about International Game Technology dividend yield and history here.
What do other traders have to say about IGT?
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Step 5: Make your IGT trade
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price limit, use a limit order.
Press the Open button and eToro will place the order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your IGT position
Now that you own some IGT stock, you'll want to stay up-to-date on your investment.
Add IGT to a watchlist to track the latest developments regarding your IGT stock.
IGT Feed
How to Buy Stock in International Game Technology
To reiterate, here are the 6 steps you need to take to buy International Game Technology stock right now:
- Choose where to buy International Game Technology stock
- Open your brokerage account
- Fund your investment account
- Evaluate International Game Technology stock
- Make your IGT trade
- Keep tabs on your IGT position
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your new investment in International Game Technology, click below.
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