Shares of Scientific Games Corp. (NASDAQ:SGMS) were up 1% on Wednesday . The company traded as high as $8.44 and last traded at $8.23, with a volume of 289,467 shares. The stock had previously closed at $8.15.

A number of analysts have recently weighed in on SGMS shares. Zacks Investment Research cut Scientific Games Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Telsey Advisory Group lowered their target price on Scientific Games Corp. from $10.00 to $8.00 and set a “market perform” rating on the stock in a research report on Friday, May 6th. Sterne Agee CRT restated a “buy” rating and issued a $13.50 target price (down from $15.50) on shares of Scientific Games Corp. in a research report on Friday, May 6th. Bank of America Corp. restated a “sell” rating and issued a $6.00 target price on shares of Scientific Games Corp. in a research report on Friday, May 6th. Finally, Goldman Sachs Group Inc. restated a “sell” rating and issued a $5.70 target price (up from $5.00) on shares of Scientific Games Corp. in a research report on Thursday, May 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $11.02.

The stock’s 50-day moving average is $9.58 and its 200 day moving average is $9.29. The stock’s market cap is $722.06 million.

Scientific Games Corp. (NASDAQ:SGMS) last released its earnings results on Friday, August 5th. The company reported ($0.59) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.81) by $0.22. The firm had revenue of $729.20 million for the quarter, compared to analyst estimates of $708.84 million. During the same period last year, the business earned ($1.19) earnings per share. On average, equities analysts predict that Scientific Games Corp. will post ($3.22) earnings per share for the current year.

A hedge fund recently raised its stake in Scientific Games Corp. stock. Schwab Charles Investment Management Inc. increased its position in shares of Scientific Games Corp. (NASDAQ:SGMS) by 3.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 182,588 shares of the company’s stock after buying an additional 6,001 shares during the period. Schwab Charles Investment Management Inc. owned about 0.21% of Scientific Games Corp. worth $1,638,000 as of its most recent SEC filing.

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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