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International Game Technology Message Board

  • logical95 logical95 Nov 8, 2013 3:28 PM Flag

    Ridiculously underpriced

    After the unjustified sell-off yestersday, IGT is a slam-dunk for long term investors. Steve Symington of The Motley Fool says: I don't think IGT's quarter was particularly bad, especially considering the company pays a solid 2.1% dividend (based on today's levels), and also announced its intention of entering into an accelerated $200 million share repurchase agreement to return additional capital to shareholders in lieu of significant revenue and earnings growth. As it stands, with shares trading at a reasonable 15 times trailing earnings, and just 12.7 times next year's ates, I think IGT stock could reward patient shareholders down the road.

    Exactly. I own over 12,000 shares and this is a great opportunity to add. Who are these idiots who continue posting nonsense on this board?! sjsrhs & resuqcp8 must be big short sellers. Get a life, or go scribble graffiti on some buildings.

    Sentiment: Strong Buy

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