International Game Technology PLC (IGT)

概要ニュース株価時系列オプションチェーン Financials なぜIGTが下落しているのか？ディスカッション予測株式分割株の配当実績

なぜInternational Game Technology PLC（IGT）の株価が下がっていますか？

2024-03-13 の取引セッション中に、International Game Technology PLC (IGT) 株の 7.80% 下落を確認しました。これは通常のボラティリティやさまざまな内部および外部要因に起因する可能性がありますが、当社では状況を積極的に監視しており、できるだけ早くタイムリーな最新情報を提供することに注意してください。

2024-03-04:

International Game Technology PL (IGT) stock dropped by 8.48% due to a downgrade rating and a cut in price target. Here are the details:

Downgrade rating: Stifel's downgrade from Buy to Hold and a slight downward revision of the price target to $30 from $31. Stifel's analysis expresses long-term confidence in IGT's prospects, especially after the announcement of a spin-off expected to act as a significant catalyst.
Spin-Off Details and Impact: The spin-off aims to establish a more efficient capital structure and shareholder base for IGT's lottery segment, with minimal negative synergistic effects. Stifel estimates the potential value of the MergeCo ownership to contribute approximately $5-6 per share. Comparing to its lottery peers, Stifel suggests a fair value of around $33 per share for IGT, a 21% increase from the last closing price.
Tax Implications and Investor Caution: The chosen taxable spin-off structure, a Reverse Morris Trust, is expected to provide MergeCo with greater capital allocation flexibility post-spin. However, investors may face a tax on gains from the sale of the Global Gaming + PlayDigital business. This tax implication might prompt potential investors to delay building positions in RemainCo until after the spin-off is finalized.
Stifel's Adjustments and Forward-Looking Statements: Stifel made minor adjustments to its standalone IGT model, increasing the 2024 Global Lottery Adjusted EBITDA and Global Gaming Adjusted EBITDA projections by 1% each, based on currency movements and management's forward-looking statements.