Saturday, July 7, 2007

International Game Technology

International Game Technology is among the world’s largest Casinos and Gaming sector businesses in the world.  International Game Technology’s employees generate $478.2M in profits on $2.503B of revenue.  Global output in the Casinos and Gaming business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but International Game Technology is determined to remain a market leader.  Sectoral leadership in the Casinos and Gaming segment takes dedication and consistency, but management seeks out-sized growth.

International Game Technology’s ticker symbol IGT has recently been trading near $40.30 a share.  The International Game Technology corporate headquarters in Reno NV predicts Casinos and Gaming profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $13.397B ensures sufficient liquidity.  With a beta of 1.56, the company is more volatile than the market as a whole.  When the average equity moves higher, International Game Technology moves more aggressively.

0 comments: