Zacks Rating on Scientific Games Corp (SGMS)

Scientific Games Corp (SGMS) : 7 analysts are covering Scientific Games Corp (SGMS) and their average rating on the stock is 2.71, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Scientific Games Corp (SGMS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Scientific Games Corp (SGMS) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $15 and the lowest price target forecast is $6. The average forecast of all the analysts is $9.25 and the expected standard deviation is $4.27.


Scientific Games Corporation has lost 1.78% in the last five trading days and dropped 16.78% in the last 4 weeks. Scientific Games Corporation is up 3.76% in the last 3-month period. Year-to-Date the stock performance stands at -1.56%. Scientific Games Corp (NASDAQ:SGMS): On Tuesdays trading session , Opening price of the stock was $8.84 with an intraday high of $8.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $8.76. However, the stock managed to close at $8.83, a loss of 0.34% for the day. On the previous day, the stock had closed at $8.86. The total traded volume of the day was 395,755 shares.

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming and lottery industries. The Company operates in three segments: Gaming, Lottery and Interactive. Gaming segment designs, develops, manufactures, markets and distributes gaming machines, VLTs, server-based gaming machines, casino-management systems hardware and software, table game products, video lottery central monitoring and control systems. Lottery segment manufactures and sells instant games, as well as the provision of services, such as game design, sales and marketing support, specialty games and promotions, warehousing, as well as instant game category management. Interactive segment offers play-for-fun social games on Facebook, GooglePlay for Android devices, Apples iOS platform, Kindle platform and Microsoft Windows 8. Its brands include MONOPOLY, GREASE, Jackpot Party Progressive, AMC-THE WALKING DEAD, HARLEY-DAVIDSON and LOTERIA, among others.

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