News stories about Scientific Games Corp (NASDAQ:SGMS) have trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Scientific Games Corp earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 47.0043750125759 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- EARNINGS SUMMARY: Details of Scientific Games Corp Q3 Earnings Report (rttnews.com)
- Scientific Games Corp (SGMS) Issues Quarterly Earnings Results, Misses Estimates By $0.26 EPS (americanbankingnews.com)
- Scientific Games (SGMS) Secures 10-Yr Contract from Kansas Lottery for Gaming Systems (streetinsider.com)
- Scientific Games : Wins Kansas Lottery’s 10-year Systems Contract (4-traders.com)
- Scientific Games (SGMS) Secures 10-Yr Contract from Kansas Lottery for Gaming Systems – StreetInsider.com (streetinsider.com)
SGMS has been the topic of several recent analyst reports. Stifel Nicolaus lifted their price objective on Scientific Games Corp from $24.00 to $35.00 and gave the company a “hold” rating in a report on Tuesday, July 25th. Zacks Investment Research upgraded Scientific Games Corp from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Thursday, July 20th. Bank of America Corporation reiterated a “buy” rating and set a $50.00 price objective (up previously from $38.00) on shares of Scientific Games Corp in a report on Wednesday, September 20th. Finally, Craig Hallum reiterated a “buy” rating and set a $56.00 price objective (up previously from $45.00) on shares of Scientific Games Corp in a report on Thursday, October 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Scientific Games Corp has an average rating of “Buy” and an average target price of $42.20.
Scientific Games Corp (NASDAQ:SGMS) last announced its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.22). The business had revenue of $768.90 million during the quarter, compared to analyst estimates of $748.56 million. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.13) EPS.
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About Scientific Games Corp
Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. Its segments include Gaming, Lottery and Interactive. Its 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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