Looking at top Wall Street opinions, Scientific Games Corporation (NASDAQ: SGMS) has recently made its way into the research list of Credit Suisse – signaling that their analyst’s rating adjustment is noteworthy. This stock was Underperform in the eyes of Credit Suisse, as reported on Wednesday, March 20th, 2019. Another heavy-hitting research note was published by Susquehanna on Friday December 7th, 2018, with this firm Initiated SGMS to an updated rating of Positive. In the past six months and three months of trading, shares of Scientific Games Corporation (SGMS) have moved by -3.83% and 7.53%, respectively.
Brokerage Updates Related to Scientific Games Corporation (SGMS) Stock
This publicly-traded organization generated gains of 14.51% over the last 5 sessions. Right now, this stock is the subject of 10 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 0 have given a rating of Buy or better. Based on the 10 stock market experts following this company, the average 12-month price target is $34.20. Moreover, individual price targets range between $21.00-$60.00. With its recent move to $30.00, we can see that these firms project this stock will loss by -50.56% in one year.
Updates from Scientific Games Corporation (SGMS) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.20% rise since the beginning of the calendar year. A Director at Scientific Games Corporation (SGMS) bought some of its shares in a transaction that was finalized on Dec 28. Similarly, PERELMAN RONALD O bought 300,000 shares of the organization’s stock at $16.93 apiece and racked up $5,079,000 in earnings from the purchase. Now, PERELMAN RONALD O holds 35,950,736 shares of the company following the exchange. A Director of the organization named PERELMAN RONALD O, was engaged in a transaction that occurred on Dec 26 that managed to be worth $1,711,000 from the purchase of 100,000 common shares at a price of $17.11 per individual share.
Scientific Games Corporation (NASDAQ:SGMS) Results in the Pipeline
The next scheduled release of financial results for Scientific Games Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.09. In the same vein, they expect sales for the quarter to amount to $873.85 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $885.70 million in revenue alongside EPS at $2.21. On average, the analyst projection was calling for $821.00 million with -$3.85 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $844.70 million, with earnings per share ending up at -$0.06.
Fortuna Silver Mines Inc. (NYSE:FSM) experienced a drop of -3.02% from the closing price in the previous trading day. That drove the price to $3.21 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,251,690 shares of stock – compared to the typical average of 1.08M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $9.00.
Pricing Indications for Fortuna Silver Mines Inc. (FSM)
This organization has had a price-to-earnings ratio of 15.29 in the last year. Meanwhile, it gained 3.62 from its observable 50-day simple moving average. Right at this moment, the per-share value is -21.28% lower than the mean per-share price over the last 200 days in the market.
Fortuna Silver Mines Inc. (NYSE:FSM) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 1 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.00, based on information from Thomson Reuters.
FSM Stock Value Potential
In trading activity as of late, this stock’s value was 4.07 up from its 200 day moving average, while also -11.76% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $6.25-$8.00. The market value for the entire organization reached 513.41M. In the last trading session, the price ended the day at $3.31. This company’s RSI (Relative Strength Index) managed to hit 34.41.
Fortuna Silver Mines Inc. (NYSE:FSM) Analyst Points of Focus
Fortuna Silver Mines Inc. (FSM) has found itself inside of CIBC’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Neutral, compared to its previous rating of Sector Outperform by CIBC, as garnered from a news report on Tuesday March 5th, 2019. An additional helpful research note was sent out by Raymond James’s on Tuesday November 21st, 2017. The brokerage decided to downgrade FSM to Outperform from its previous rating of Strong Buy.