SciPlay (NASDAQ:SCPL) released its earnings results on Sunday. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.03), MarketWatch Earnings reports. SciPlay had a net margin of 3.81% and a return on equity of 7.36%.
Shares of SciPlay stock traded up $0.11 on Wednesday, hitting $15.99. 2,557 shares of the company were exchanged, compared to its average volume of 654,878. The stock has a market capitalization of $2.02 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.07 and a beta of 0.46. The company has a 50-day moving average price of $17.00 and a 200 day moving average price of $16.18. SciPlay has a 1-year low of $11.76 and a 1-year high of $21.74.
Several brokerages have issued reports on SCPL. Zacks Investment Research raised SciPlay from a “sell” rating to a “hold” rating in a report on Wednesday, May 5th. Macquarie raised their price target on SciPlay from $23.00 to $25.00 and gave the company an “outperform” rating in a report on Tuesday, March 2nd. They noted that the move was a valuation call. Bank of America downgraded SciPlay from a “buy” rating to an “underperform” rating and boosted their price target for the company from $17.00 to $20.00 in a research note on Wednesday, February 17th. KeyCorp boosted their price target on SciPlay from $20.00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, March 8th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on SciPlay from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, February 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $19.05.
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms worldwide. It offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots.
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