Scientific Games Corp. (NASDAQ:SGMS) fell 4.4% on Tuesday . The company traded as low as $10.25 and last traded at $10.36, with a volume of 381,473 shares changing hands. The stock had previously closed at $10.84.

SGMS has been the subject of a number of analyst reports. Telsey Advisory Group reduced their price objective on Scientific Games Corp. from $10.00 to $8.00 and set a “market perform” rating for the company in a research report on Friday, May 6th. Bank of America Corp. restated a “sell” rating and set a $6.00 price objective on shares of Scientific Games Corp. in a research report on Friday, May 6th. Goldman Sachs Group Inc. restated a “sell” rating and set a $5.70 price objective (up previously from $5.00) on shares of Scientific Games Corp. in a research report on Thursday, May 26th. Zacks Investment Research lowered Scientific Games Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Finally, Sterne Agee CRT restated a “buy” rating and set a $13.50 price objective (down previously from $15.50) on shares of Scientific Games Corp. in a research report on Friday, May 6th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $11.29.

The stock’s market cap is $882.37 million. The company has a 50 day moving average price of $9.76 and a 200-day moving average price of $8.79.

Scientific Games Corp. (NASDAQ:SGMS) last posted its quarterly earnings results on Thursday, May 5th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.97) by $0.10. During the same period last year, the business posted ($1.01) earnings per share. The business earned $682 million during the quarter, compared to analysts’ expectations of $693.88 million. On average, analysts forecast that Scientific Games Corp. will post ($3.29) earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the stock. Russell Frank Co boosted its position in Scientific Games Corp. by 33.1% in the fourth quarter. Russell Frank Co now owns 220,195 shares of the company’s stock valued at $1,956,000 after buying an additional 54,706 shares during the period. Gabelli Funds LLC boosted 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 during the last quarter. Finally, Morgan Stanley boosted 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 during 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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