Brightstar Lottery (NYSE:BRSL – Get Free Report) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $14.92.
A number of research firms have recently weighed in on BRSL. Truist Financial dropped their target price on Brightstar Lottery from $17.00 to $14.00 and set a “hold” rating for the company in a research report on Wednesday, May 13th. Susquehanna decreased their price objective on Brightstar Lottery from $21.00 to $15.00 and set a “positive” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group decreased their price objective on Brightstar Lottery from $15.00 to $14.00 and set a “hold” rating for the company in a research note on Monday, April 6th. Weiss Ratings cut Brightstar Lottery from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, April 14th. Finally, BNP Paribas Exane started coverage on Brightstar Lottery in a research note on Thursday, May 14th. They set a “neutral” rating and a $12.60 price objective for the company.
View Our Latest Stock Report on BRSL
Institutional Investors Weigh In On Brightstar Lottery
Brightstar Lottery Stock Down 1.1%
BRSL stock opened at $11.84 on Friday. The company has a market capitalization of $2.21 billion, a P/E ratio of 14.26 and a beta of 0.99. Brightstar Lottery has a twelve month low of $10.42 and a twelve month high of $18.57. The company has a current ratio of 0.88, a quick ratio of 0.84 and a debt-to-equity ratio of 1.79. The business’s fifty day moving average price is $12.02.
Brightstar Lottery (NYSE:BRSL – Get Free Report) last released its earnings results on Tuesday, May 12th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The firm had revenue of $587.00 million for the quarter. Brightstar Lottery had a return on equity of 10.58% and a net margin of 6.24%.The firm’s quarterly revenue was up .7% on a year-over-year basis. As a group, equities research analysts anticipate that Brightstar Lottery will post 0.79 earnings per share for the current fiscal year.
Brightstar Lottery Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Thursday, May 28th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.8%. Brightstar Lottery’s payout ratio is 110.84%.
Brightstar Lottery Company Profile
International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. It operates in three segments: Global Lottery, Global Gaming, and Digital & Betting. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services.
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