These Stocks Have Become An Attractive Value Play: International Game Technology PLC (IGT), Lloyds Banking Group plc (LYG)

9 analysts out of 10 Wall Street brokerage firms rate International Game Technology PLC (NYSE:IGT) as a Buy, while 0 see it as a Sell. The rest 1 describe it as a Hold. IGT stock traded higher to an intra-day high of $13.49. At one point in session, its potential discontinued and the price was down to lows at $13.02. Analysts have set IGT’s consensus price at $21.64, effectively giving it a 62.71% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $26 (up 95.49% from current price levels). IGT has a 5.4% ROE, lower than the 21.05% average for the industry. The average ROE for the sector is 13.17%.

International Game Technology PLC (IGT) currently trades at $13.3, which is higher by 0.3% its previous price. It has a total of 199.62 million outstanding shares, with an ATR of around 0.51. The company’s stock volume dropped to 1.83 million, worse than 2.76 million that represents its 50-day average. A 5-day increase of about 5.47% in its price means IGT is now -9.09% lower on year-to-date. The shares have surrendered $43608.7 since its $26.72 52-week high price recorded on 15th of June 2018. Overall, it has seen a growth rate of -47.26 over the last 12 months. The current price per share is $0.99 above the 52 week low of $12.31 set on 6th of June 2019.

International Game Technology PLC (NYSE:IGT)’s EPS was $0.12 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.15. That means that its growth in general now stands at -20%. Therefore, a prediction of $0.23 given by the analysts brought a negative surprise of -48%. IGT March quarter revenue was $1.14 billion, compared to $1.21 billion recorded in same quarter last year, giving it a -5% growth rate. The company’s $-0.07 billion revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Lloyds Banking Group plc (NYSE:LYG) shares appreciated 0.35% over the last trading period, taking overall 5-day performance up to 0%. LYG’s price now at $2.89 is weaker than the 50-day average of $3.13. Getting the trading period increased to 200 days, the stock price was seen at $3.02 on average. The general public currently hold control of a total of 17.67 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 17.74 billion. The company’s management holds a total of 81.3%, while institutional investors hold about 2% of the remaining shares. LYG share price finished last trade -1.58% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -4.36%, while closing the session with -7.96% distance from 50 day simple moving average.

Lloyds Banking Group plc (LYG) shares were last observed trading -16.59% down since March 19, 2019 when the peak of $3.46 was hit. Last month’s price growth of -7.07% puts LYG performance for the year now at 12.89%. Consequently, the shares price is trending higher by 18.93%, a 52-week worst price since Dec. 27, 2018. However, it is regaining value with 14.23% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $2.88 and $2.88. The immediate resistance area is now $2.9 Williams’s %R (14) for LYG moved to 53.33 while the stochastic %K points at 44.68.

Analysts estimate full-year growth to be 36.36%, the target being $0.45 a share. The upcoming year will see an increase in growth by percentage to -4.44%, more likely to see it hit the $0.43 per share. The firm’s current profit margin over the past 12 months is 0%. LYG ranks lower in comparison to an average of 32.93% for industry peers; while the average for the sector is 32.42%.