SciPlay Corporation (NASDAQ:SCPL) has a beta value of 0 and has seen 1,019,850 shares traded in the last trading session. The company, currently valued at $303.3 Million, closed the last trade at $13.31 per share which meant it lost -$0.92 on the day or -6.47% during that session. The SCPL stock price is -29.45% off its 52-week high price of $17.23 and 56.27% above the 52-week low of $5.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 950.18 Million shares traded. The 3-month trading volume is 652.51 Million shares.
The consensus among analysts is that SciPlay Corporation (SCPL) is an Overweight stock at the moment, with a recommendation rating of 2.2. 1 analysts rate the stock as a Sell, while none rate it as Overweight. 3 out of 12 have rated it as a Hold, with 8 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.24.
SciPlay Corporation (NASDAQ:SCPL) trade information
Despite being -6.47% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Aug 05 when the SCPL stock price touched $17.23- or saw a rise of 22.75%. Year-to-date, SciPlay Corporation shares have moved 8.3%, while the 5-day performance has seen it change -19.82%. Over the past 30 days, the shares of SciPlay Corporation (NASDAQ:SCPL) have changed -13.63%. Short interest in the company has seen 686.09 Million shares shorted with days to cover at 1.05.
Wall Street analysts have a consensus price target for the stock at $17.73, which means that the shares’ value could jump 33.21% from current levels. The projected low price target is $12.3 while the price target rests at a high of $22.5. In that case, then, we find that the current price level is +69.05% off the targeted high while a plunge would see the stock lose -7.59% from current levels.
SciPlay Corporation (SCPL) estimates and forecasts
11 analysts offering their estimates for the company have set an average revenue estimate of $141.94 Million for the current quarter. 11 have an estimated revenue figure of $137.26 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $116.4 Million and $112.9 Million respectively for this quarter and the next, and analysts expect sales will grow by 21.9% for the current quarter and 21.6% for the next.
Earnings growth for 2020 is a modest +362.6% while over the next 5 years, the company’s earnings are expected to increase by 16.4%.
SciPlay Corporation (NASDAQ:SCPL)’s Major holders
Insiders own 0.65% of the company shares, while shares held by institutions stand at 98.45% with a share float percentage of 99.1%. Investors are also buoyed by the number of investors in a company, with SciPlay Corporation having a total of 85 institutions that hold shares in the company. The top two institutional holders are Park West Asset Management LLC with over 3.33 Million shares worth more than $31.72 Million. As of March 30, 2020, Park West Asset Management LLC held 14.61% of shares outstanding.
The other major institutional holder is Ameriprise Financial, Inc., with the holding of over 1.99 Million shares as of March 30, 2020. The firm’s total holdings are worth over $19Million and represent 8.75% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Janus Henderson Small Cap Value Fund and Invesco ETF Tr-Invesco Dynamic Software ETF. As of March 30, 2020, the former fund manager holds about 5.85% shares in the company for having 1333823 shares of worth $12.7 Million while later fund manager owns 1.23 Million shares of worth $17.25 Million as of May 30, 2020, which makes it owner of about 5.4% of company’s outstanding stock.