Analysts See $-0.13 EPS for Scientific Games Corporation (SGMS)

October 14, 2018 - By Adrian Mccoy

Scientific Games Corporation (NASDAQ:SGMS) LogoInvestors sentiment increased to 1.27 in 2018 Q2. Its up 0.35, from 0.92 in 2018Q1. It is positive, as 18 investors sold Scientific Games Corporation shares while 65 reduced holdings. 44 funds opened positions while 61 raised stakes. 56.03 million shares or 4.31% more from 53.71 million shares in 2018Q1 were reported.
Moreover, Engineers Gate Manager Lp has 0.35% invested in Scientific Games Corporation (NASDAQ:SGMS) for 91,261 shares. Manufacturers Life Co The has invested 0.01% in Scientific Games Corporation (NASDAQ:SGMS). Texas Permanent School Fund has 0.02% invested in Scientific Games Corporation (NASDAQ:SGMS). Amalgamated Retail Bank stated it has 8,925 shares. Granite Point Management Limited Partnership holds 0.14% in Scientific Games Corporation (NASDAQ:SGMS) or 32,000 shares. National Bank & Trust Of Montreal Can has 0% invested in Scientific Games Corporation (NASDAQ:SGMS). Gsa Prns Limited Liability Partnership invested 0.02% in Scientific Games Corporation (NASDAQ:SGMS). Alliancebernstein L P invested in 0% or 83,478 shares. Yost Capital Management Ltd accumulated 250,000 shares or 5.79% of the stock. Aqr Mngmt Lc owns 40,345 shares for 0% of their portfolio. Van Eck Assocs Corp owns 7,575 shares. Nantahala Cap Ltd Com has 1.04% invested in Scientific Games Corporation (NASDAQ:SGMS) for 525,100 shares. Stevens Management Ltd Partnership reported 0.01% of its portfolio in Scientific Games Corporation (NASDAQ:SGMS). Tudor Investment Et Al has 9,486 shares for 0.02% of their portfolio. Bank Of New York Mellon Corp holds 0.01% or 592,337 shares in its portfolio.

Since May 4, 2018, it had 5 insider buys, and 7 insider sales for $10.90 million activity. PERELMAN RONALD O bought $5.55 million worth of stock. The insider Kennedy David L sold $2.35 million. On Friday, May 4 Isaacs Michael Gavin sold $7.17 million worth of Scientific Games Corporation (NASDAQ:SGMS) or 140,614 shares. Shares for $332,400 were bought by COTTLE BARRY L on Thursday, August 9. $2.08 million worth of stock was sold by HADDRILL RICHARD M on Monday, May 7. 84,174 Scientific Games Corporation (NASDAQ:SGMS) shares with value of $5.04M were sold by Mooberry Derik.

Analysts expect Scientific Games Corporation (NASDAQ:SGMS) to report $-0.13 EPS on November, 7.They anticipate $0.47 EPS change or 78.33 % from last quarter’s $-0.6 EPS. After having $-0.06 EPS previously, Scientific Games Corporation’s analysts see 116.67 % EPS growth. The stock decreased 1.14% or $0.27 during the last trading session, reaching $23.47. About 1.55M shares traded. Scientific Games Corporation (NASDAQ:SGMS) has declined 25.78% since October 14, 2017 and is downtrending. It has underperformed by 41.40% the S&P500.

Scientific Games Corporation (NASDAQ:SGMS) Ratings Coverage

Among 4 analysts covering Scientific Games (NASDAQ:SGMS), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Scientific Games had 4 analyst reports since August 3, 2018 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $46 target in Tuesday, August 7 report. Stifel Nicolaus maintained the shares of SGMS in report on Friday, August 3 with “Hold” rating.

Scientific Games Corporation develops technology services and products, and associated content for the gaming, lottery, and interactive gaming industries worldwide. The company has market cap of $2.15 billion. The Company’s Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals , conversion game kits, and spare parts; and slot, casino, and table-management systems, as well as leases VLTs and electronic table games. It currently has negative earnings. This segment also sells and leases table products, such as shufflers; licenses proprietary table games; and provides installation and support services of casino management systems, including ongoing hardware maintenance and software upgrade services.

Another recent and important Scientific Games Corporation (NASDAQ:SGMS) news was published by Themiddlemarket.com which published an article titled: “M&A wrap: Scientific Games, Don Best Sports, FanDuel, DraftKings, Al Gore’s Generation, Caisse, FNZ, Hyatt” on October 09, 2018.

Scientific Games Corporation (NASDAQ:SGMS) Institutional Positions Chart

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