More Encouraging Progress From Scientific Games Corporation (SGMS)

PERELMAN RONALD O, Director, added 75,000 shares of Scientific Games Corporation (SGMS) to its portfolio at the rate of $20.21 per share valuing $1,515,750 on Jun 20. The insider has now 36,443,768 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Scientific Games Corporation (SGMS) was $16.17. Currently, the 1st Resistance Point for this stock is $16.71, with a 2nd Resistance Point sitting at $17.24. Meanwhile, this company’s stock has a 1st Support Level at $15.83 and a 2nd Support Level at $15.48. Scientific Games Corporation (SGMS) stock has lost -$3.04, or -15.83%, in the past five days. In the last full month, these shares have lost -$3.35, or -17.16%. In the past three months, this stock’s price has fallen by -$5.11, or -24.01%. This year-to-date, Scientific Games Corporation (SGMS) shares have lost -$1.71, or -9.56%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Scientific Games Corporation (SGMS) stock, 100% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .”

With 93,143 K shares outstanding, this company currently has a market capitalization of $1,546,174K. Scientific Games Corporation (SGMS) generates $3,363 M in annual sales, amounting to annual net income of -$352,400 K. This stock has generated a 1-Year Total Return of -44.81%, a 3-Year Total Return of 84.80%, and a 5-year Total Return of 63.33%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Scientific Games Corporation (SGMS) reported earnings of -$0.26 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.04 per share, representing a -0.22 difference and -528.02% surprise. In the previous quarter ending in Dec-18, the reported earnings of $2.21 represented a 2.12 difference from the consensus estimate calling for $0.09 per share, which was a 2,339.29% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.01 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.10 and the low estimate was -$0.03. In the year-ago quarter, Scientific Games Corporation (SGMS) generated per-share earnings of -$0.14. If the analysts are correct about the current quarter’s earnings, the growth will be +107.14%.

Turning our focus now to insider trading activity, there have been 35 purchases (456,560 shares in total) and 2 sale (17,581 shares in total) in the last 3 months. In the last 6 months, there have been 40 insider buys amounting to 488,168 shares and 6 insider sales amounting to 23,510 shares. In the past full year, 48 insider purchases were made (involving 1,699,249 shares) and 6 insider sell-offs equivalent to 23,510 shares.

Moving onto liquidity, Scientific Games Corporation (SGMS) has a Current Ratio of 1.83, a Quick Ratio of 1.54 and a Cash Ratio of 0.28. Looking at this company’s capital structure, its Total Debt to Total Capital is 137.47, and its Total Debt to Total Assets is now 117.09. Looking even further ahead into the future, its Long-Term Debt to Total Capital is 136.79.