This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Casino Services Stocks to Play

3. WMS Industries serves the gaming industry worldwide by designing, manufacturing and marketing games, video and mechanical reel-spinning gaming machines, video lottery terminals and gaming operations at legal gaming venues.

Net revenue for 2011 second quarter was increased 5.8% year-over-year to $199.9 million, driven by a 12% increase in product sales revenues to $127.2 million. A 1.4% decline in global new unit shipments was more than offset by an 8% increase in the average selling price, reflecting strong customer demand for premium-featured Bluebird 2 and Bluebird xD gaming machines and higher sales of used gaming machines. Net income increased marginally to $27 million or 46 cents per share from $26.5 million or 44 cents per share in the year-ago quarter.

During 2010, the company expanded by launching directly into Class II gaming markets in the United States and entering the Mexican and New South Wales, Australia markets. The company had previously served these markets through third-party content licensing agreements for its game themes. The company expects to further penetrate these new markets and expand its distribution channels in 2011.

Going forward, the company forecasts revenue of $209-$215 million for the third quarter of 2011, representing 6%-9% growth over the comparable prior year quarter. In addition, the company reiterated its full year 2011 revenue guidance of $830-$850 million, implying 8%-11% growth over the prior year.

Of the twenty analysts covering the stock, 70% recommend a buy, while 25% rate a hold. On average, analysts estimate an upside of 39% to $49.88 in value from current levels.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
SHFL $23.19 0.00%
BYI $83.27 0.00%
EGT $1.44 -20.88%
GPIC $9.35 -4.10%
WMS $18.99 -4.28%


Chart of I:DJI
DOW 16,027.05 -177.92 -1.10%
S&P 500 1,853.44 -26.61 -1.42%
NASDAQ 4,283.7530 -79.3910 -1.82%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs