Shares of SciPlay Co. (NASDAQ:SCPL) have been assigned a consensus rating of “Hold” from the ten analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $19.39.
Several brokerages recently commented on SCPL. KeyCorp increased their price objective on shares of SciPlay from $20.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, March 8th. Zacks Investment Research raised shares of SciPlay from a “sell” rating to a “hold” rating in a research report on Wednesday, May 5th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of SciPlay from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, February 18th. Bank of America downgraded shares of SciPlay from a “buy” rating to an “underperform” rating and increased their price target for the stock from $17.00 to $20.00 in a report on Wednesday, February 17th. Finally, Macquarie increased their price target on shares of SciPlay from $23.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday, March 2nd. They noted that the move was a valuation call.
Shares of SciPlay stock traded up $0.13 during midday trading on Tuesday, hitting $15.88. The company had a trading volume of 1,022,412 shares, compared to its average volume of 654,878. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 18.05, a PEG ratio of 1.07 and a beta of 0.46. The company has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $16.18. SciPlay has a 12-month low of $11.76 and a 12-month high of $21.74.
Several hedge funds and other institutional investors have recently modified their holdings of the company. New York State Common Retirement Fund acquired a new stake in shares of SciPlay during the 1st quarter worth approximately $647,000. Russell Investments Group Ltd. grew its stake in shares of SciPlay by 60.6% during the 1st quarter. Russell Investments Group Ltd. now owns 18,881 shares of the company’s stock worth $298,000 after purchasing an additional 7,126 shares during the period. Principal Financial Group Inc. grew its stake in shares of SciPlay by 8.3% during the 1st quarter. Principal Financial Group Inc. now owns 55,121 shares of the company’s stock worth $892,000 after purchasing an additional 4,216 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of SciPlay during the 1st quarter worth approximately $488,000. Finally, BlackRock Inc. grew its stake in shares of SciPlay by 84.4% during the 1st quarter. BlackRock Inc. now owns 2,598,877 shares of the company’s stock worth $42,049,000 after purchasing an additional 1,189,785 shares during the period. 15.94% of the stock is currently owned by institutional investors and hedge funds.
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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