Scientific Games Corp. (NASDAQ:SGMS) rose 6.5% during trading on Monday . The stock traded as high as $9.74 and last traded at $9.71, with a volume of 364,229 shares. The stock had previously closed at $9.12.

SGMS has been the subject of several recent analyst reports. Bank of America Corp. reaffirmed a “sell” rating and set a $6.00 target price on shares of Scientific Games Corp. in a research note on Friday, May 6th. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a $5.70 price target (up previously from $5.00) on shares of Scientific Games Corp. in a report on Thursday, May 26th. Zacks Investment Research upgraded Scientific Games Corp. from a “hold” rating to a “strong-buy” rating and set a $12.00 price target on the stock in a report on Wednesday, April 27th. Telsey Advisory Group cut their price target on Scientific Games Corp. from $10.00 to $8.00 and set a “market perform” rating on the stock in a report on Friday, May 6th. Finally, Sterne Agee CRT reiterated a “buy” rating and issued a $13.50 price target (down previously from $15.50) on shares of Scientific Games Corp. in a report on Friday, May 6th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $11.29.

The company has a 50 day moving average price of $9.46 and a 200 day moving average price of $8.54. The firm’s market cap is $889.36 million.

Scientific Games Corp. (NASDAQ:SGMS) last announced its quarterly earnings results on Thursday, May 5th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.97) by $0.10. The company earned $682 million during the quarter, compared to the consensus estimate of $693.88 million. During the same quarter in the previous year, the company posted ($1.01) EPS. Equities research analysts anticipate that Scientific Games Corp. will post ($3.35) EPS for the current fiscal year.

Other hedge funds and institutional investors have made changes to their positions in the company. Russell Frank Co increased its position in shares of Scientific Games Corp. by 33.1% in the fourth quarter. Russell Frank Co now owns 220,195 shares of the company’s stock worth $1,956,000 after buying an additional 54,706 shares in the last quarter. Teton Advisors Inc. increased its position in shares of Scientific Games Corp. by 22.9% in the fourth quarter. Teton Advisors Inc. now owns 236,000 shares of the company’s stock worth $2,117,000 after buying an additional 44,000 shares in the last quarter. Gabelli Funds LLC increased its position in shares of Scientific Games Corp. by 5.3% in the fourth quarter. Gabelli Funds LLC now owns 345,000 shares of the company’s stock worth $3,095,000 after buying an additional 17,500 shares in the last quarter. Finally, Morgan Stanley increased its position in shares of Scientific Games Corp. by 32.6% in the fourth quarter. Morgan Stanley now owns 1,224,805 shares of the company’s stock worth $10,987,000 after buying an additional 300,998 shares in the last quarter.

Scientific Games Corporation is a developer of technology-based products and services, and associated content for the gaming, lottery and interactive gaming industries. The Company operates through three segments: Gaming, Lottery and Interactive. The Company’s portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions.

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