Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Hold rating on Scientific Games (NASDAQ:SGMS) on Wednesday, setting a price target of $26, which is approximately 21.97% below the present share price of $33.32.
Santarelli expects Scientific Games to post earnings per share (EPS) of -$1.23 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Scientific Games, with an average price target of $37.5.
The analysts price targets range from a high of $50 to a low of $26.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $698 million and a net profit of $68 million. The company's market cap is $3.17 billion.
According to TipRanks.com, Deutsche Bank analyst Carlo Santarelli is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.2% and a 64.00% success rate.
Scientific Games Corp. engages in the development of technology-based products and services and associated content. It operates through the following business segments: Gaming, Lottery, and SciPlay (NASDAQ:SCPL) and Digital. The Gaming segment designs, develops, manufactures, markets, and distributes a comprehensive portfolio of gaming products and services. The Lottery segment comprises of system-based services and product sales business, and instant games business. The SciPlay segment developes and publishes digital games on mobile and web platforms. The Digital Segment provides a comprehensive suite of digital gaming and sports wagering solutions and services, including digital RMG and sports wagering solutions, distribution platforms, content, products and services. The company was founded on July 2, 1984 and is headquartered in Las Vegas, NV.