International Game Technology Plc (IGT)

13.59
NYSE : Consumer Services
Prev Close 13.52
Day Low/High 13.48 / 13.67
52 Wk Low/High 12.11 / 26.31
Avg Volume 2.28M
Exchange NYSE
Shares Outstanding 204.21M
Market Cap 2.76B
EPS -0.10
P/E Ratio 22.16
Div & Yield 0.80 (5.97%)
The New #246 Most Shorted S&P 500 Component: International Game Technology

The New #246 Most Shorted S&P 500 Component: International Game Technology

The most recent short interest data has been released by the NASDAQ for the 05/15/2014 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.

YieldBoost IGT To 8.1% Using Options

YieldBoost IGT To 8.1% Using Options

Shareholders of International Game Technology looking to boost their income beyond the stock's 3.5% annualized dividend yield can sell the January 2016 covered call at the $15 strike and collect the premium based on the 95 cents bid, which annualizes to an additional 4.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 8.1% annualized rate in the scenario where the stock is not called away. Any upside above $15 would be lost if the stock rises there and is called away, but IGT shares would have to climb 18.7% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 26.2% return from this trading level, in addition to any dividends collected before the stock was called.

What Went Wrong in IGT, Part 2

In short, averaging down is one of the riskiest possible actions.

What Went Wrong in IGT, Part 1

What can we learn from this failed trade?

Off the Charts

Off the Charts

Amazon.com is taking a rest after two strong up days.

Stop Congratulating the S&P 500

I wonder if the people who say this on TV have even looked at what the average stock has done lately.

Mergers and Acquisitions Are Back in Play

Mergers and Acquisitions Are Back in Play

Spice up your portfolio with some takeover bait.

'Mad Money' Lightning Round: Buy, Buy, Buy Starbucks

'Mad Money' Lightning Round: Buy, Buy, Buy Starbucks

Cramer is no fan of Consol Energy, loves Bristol-Myers and recommends Baidu.

Jim Cramer's 'Mad Money' Recap: American Consumers Are Still Afraid

Jim Cramer's 'Mad Money' Recap: American Consumers Are Still Afraid

The Great Recession of 2008 has had a continued impact on our society, Cramer says.

Some Selective Bottom Fishing

Some Selective Bottom Fishing

I've nibbled at Priceline, International Game and Yahoo.

International Game a Good Bet

International Game a Good Bet

I expect to see a $16-to-$19 price for IGT again within 12 to 15 months.

Signs of Vulnerability in the Middle Ground

While I think we can rally again sometime early next week, this concerns just the short-term outlook.

Stocks Slip on Deep Drop in U.S. Home Sales

Stocks Slip on Deep Drop in U.S. Home Sales

Major U.S. stock markets slide Wednesday amid poor Chinese economic data and a 14.5% month-over-month drop in U.S. new-home sales.

Why International Game Technology (IGT) Stock Is Down Today

Why International Game Technology (IGT) Stock Is Down Today

International Game Technology (IGT) stock is slipping on Wednesday after the company slightly beat earnings estimates after warning of lower sales and profits in March.

Today's Water-Logged And Getting Wetter Stock: International Game Technology (IGT)

Today's Water-Logged And Getting Wetter Stock: International Game Technology (IGT)

Trade-Ideas LLC identified International Game Technology (IGT) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate

Trade-Ideas: International Game Technology (IGT) Is Today's Post-Market Leader Stock

Trade-Ideas: International Game Technology (IGT) Is Today's Post-Market Leader Stock

Trade-Ideas LLC identified International Game Technology (IGT) as a post-market leader candidate

Put Your Chips on These Gambling Names

My guru strategy is quite impressed with these slot-machine makers

The Week Ahead: A Stock-Picker's Market, Indeed

That's what 2014 is shaping up to be.

Gambling on IGT's Value

IGT is trading in the $13s at 52-week lows, so what gives?

A Chance at Capitulation

If a new quarter were not just beginning and the market not short-term oversold, I would call the action in momentum names outright bearish.

Turning a Lemon into Lemonade

Turning a Lemon into Lemonade

Trade repair techniques can salvage an older position

Will These Target Price Reductions Hurt International Game Technology (IGT) Stock Today? (Update)

Will These Target Price Reductions Hurt International Game Technology (IGT) Stock Today? (Update)

Two analysts cut their target prices and earnings per share estimates on International Game Technology (IGT). UBS reduced its target price to $15 and set a "neutral" rating. The firm said downside is driven by product sales with market share pressure and decline in replacement sales. Credit Suisse reduced its target price to $12 and set an "underperform" rating given the company's new guidance.

4 Big Tech Stocks on Traders' Radars

4 Big Tech Stocks on Traders' Radars

Here's a look at how some of the most active stocks on the market today are trading technically.

International Game Technology (IGT) Falls Further As It's Water-Logged And Getting Wetter

International Game Technology (IGT) Falls Further As It's Water-Logged And Getting Wetter

Trade-Ideas LLC identified International Game Technology (IGT) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate

Why International Game Technology (IGT) Stock Is Sliding

Why International Game Technology (IGT) Stock Is Sliding

Casino games developer International Game Technology (IGT) is plunging on Wednesday after management cut previously-issued earnings guidance and warned of a workforce reduction.

Yahoo! Is Lucky to Still Have Its Alibaba Stake

Yahoo! Is Lucky to Still Have Its Alibaba Stake

Even though it would be great if Yahoo! still owned 40% of Alibaba, its investors should thank their stars the old board didn't give the whole thing away.

Why International Game Technology (IGT) Stock Is Plummeting

Why International Game Technology (IGT) Stock Is Plummeting

International Game Technology (IGT) is plummeting in post-market trading Tuesday after cutting its previously-issued guidance and warning of layoffs.

International Game Technology (IGT) Down In Post-Market Activity

International Game Technology (IGT) Down In Post-Market Activity

Trade-Ideas LLC identified International Game Technology (IGT) as a post-market laggard candidate

Income Investors Need Alternatives

Income Investors Need Alternatives

A buy-write play on International Game Technology is one approach.

Will This Price Target Cut Hurt International Game Technology (IGT) Today?

Will This Price Target Cut Hurt International Game Technology (IGT) Today?

Credit Suisse cuts its price target for International Game Technology (IGT) to $14 and reiterates its 'underperform' rating.

TheStreet Quant Rating: C- (Hold)