Scientific Games Corp. (NASDAQ:SGMS) shares fell 2.4% on Tuesday . The stock traded as low as $8.94 and last traded at $9.04, with a volume of 240,373 shares. The stock had previously closed at $9.26.

Several brokerages have recently weighed in on SGMS. Zacks Investment Research upgraded Scientific Games Corp. from a “hold” rating to a “strong-buy” rating and set a $12.00 target price on the stock in a report on Wednesday, April 27th. Deutsche Bank AG reiterated a “hold” rating and issued a $7.00 price objective on shares of Scientific Games Corp. in a report on Sunday, June 26th. Telsey Advisory Group decreased their price objective 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. Sterne Agee CRT reiterated a “buy” rating and issued a $13.50 price objective (down from $15.50) on shares of Scientific Games Corp. in a report on Friday, May 6th. Finally, Goldman Sachs Group Inc. reiterated a “sell” rating and issued a $5.70 price objective (up from $5.00) on shares of Scientific Games Corp. in a report on Thursday, May 26th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $11.29.

The company’s market cap is $779.83 million. The firm has a 50 day moving average price of $9.73 and a 200-day moving average price of $9.03.

Scientific Games Corp. (NASDAQ:SGMS) last issued its quarterly earnings data on Friday, August 5th. The company reported ($0.59) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.81) by $0.22. The business had revenue of $729.20 million for the quarter, compared to analysts’ expectations of $708.84 million. During the same period last year, the business earned ($1.19) earnings per share. On average, equities research analysts forecast that Scientific Games Corp. will post ($3.22) EPS for the current fiscal year.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.