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Bullish Case: IGT shows consistent dividend payments, has a significant insider stake aligning with shareholder interests, and strong earnings growth potential that may lead to a rebound in price.


Bearish Case: High payout ratio, poor price performance, and concerns over sustainability due to dividends not covered by earnings signal potential financial strain.


Potential Outcomes:

1) Earnings beat expectations due to expansion efforts, spurring a price rebound (35%).

2) Earnings disappoint, leading to a sustained downtrend (50%).

3) Unchanged, market-adjusted performance (15%).


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March 28, 2024


International Game Technology Forecast

IGT        International Game Technology
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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