|Bid||0.00 x 800|
|Ask||33.70 x 800|
|Day's Range||31.00 - 33.77|
|52 Week Range||3.76 - 33.86|
|Beta (5Y Monthly)||2.45|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.10|
MacAndrews & Forbes, an investment firm controlled by billionaire Ronald Perelman, slashed its investment in gaming supplier Scientific Games. Biglari Capital reported an 8.7% interest in restaurant chain Cracker Barrel.
Scientific Games Corporation (NASDAQ: SGMS) ("Scientific Games" or the "Company") was awarded a new, four-year contract by Nederlandse Loterij, the Dutch National Lottery ( or "the Lottery"), to provide instant game "scratch cards" through the Scientific Games Enhanced Partnership (SGEP), a performance-driven management program used by more than 20 lotteries globally. The agreement may be extended by Nederlandse Loterij for up to four additional years. The program generated more than 28% growth in the Lottery's scratch card retail sales during the previous contract period (2015-2019).
Shares of Scientific Games (NASDAQ: SGMS) had another great day on Tuesday, climbing as much as 15.5% in trading before closing up 14.7% for the day. Yesterday's move was the result of a new investor group, led by Caledonia, taking a large stake in the company, and today analysts weighed in. Union Gaming kept a buy rating on the stock and raised its price target from $27 to $38 per share.