International Game Technology Has Interesting Times Ahead

Aug. 29, 2023 10:07 AM ETBrightstar Lottery PLC (BRSL) StockBRSL
Caffital Research
1.67K Followers

Summary

  • International Game Technology is a global provider of gambling operations, including lotteries, physical slot machines, and online solutions.
  • The company has an immense amount of debt, raising risk levels for investors.
  • With possible spinoffs or divestures ahead, IGT is at an interesting point as a company. With a DCF model pointing towards a fairly valued stock, I have a hold rating.

Rows of Casino Slot Machines

welcomia

International Game Technology (IGT) is a global provider for gambling operations. The company provides backend systems for lotteries, physical slot machines and similar products, and online solutions for slot machines and sportsbooks. The company has steady revenues and a healthy operating

This article was written by

1.67K Followers
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a stock's prospects to determine the risk-to-reward.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About BRSL Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on BRSL

Related Stocks

SymbolLast Price% Chg
BRSL
--