Shares of SciPlay Co. (NASDAQ:SCPL – Get Rating) have been assigned an average rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $17.86.
A number of equities analysts have commented on SCPL shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of SciPlay from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, March 3rd. DA Davidson raised shares of SciPlay from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday, March 3rd. Zacks Investment Research cut shares of SciPlay from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 18th. The Goldman Sachs Group reissued a “buy” rating and issued a $20.00 target price on shares of SciPlay in a research report on Tuesday. Finally, Macquarie set a $20.00 target price on shares of SciPlay in a research report on Wednesday, January 26th.
A number of hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC raised its stake in SciPlay by 42.1% in the fourth quarter. Lazard Asset Management LLC now owns 3,186 shares of the company’s stock valued at $43,000 after purchasing an additional 944 shares in the last quarter. Aegon Asset Management UK PLC raised its stake in SciPlay by 2.3% during the fourth quarter. Aegon Asset Management UK PLC now owns 91,864 shares of the company’s stock worth $1,266,000 after acquiring an additional 2,036 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new position in SciPlay during the third quarter worth about $44,000. JPMorgan Chase & Co. acquired a new position in SciPlay during the fourth quarter worth about $45,000. Finally, Islay Capital Management LLC increased its stake in shares of SciPlay by 46.0% in the fourth quarter. Islay Capital Management LLC now owns 10,410 shares of the company’s stock valued at $143,000 after buying an additional 3,278 shares during the period. 16.79% of the stock is owned by institutional investors and hedge funds.
SciPlay (NASDAQ:SCPL – Get Rating) last issued its earnings results on Tuesday, March 1st. The company reported $0.09 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.16). SciPlay had a return on equity of 7.79% and a net margin of 3.18%. During the same quarter last year, the company earned $0.18 EPS. As a group, equities research analysts predict that SciPlay will post 1.08 EPS for the current fiscal year.
About SciPlay (Get Rating)
SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms in North America and internationally. It offers social casino games, such as Jackpot Party Casino, Gold Fish Casino, Quick Hit Slots, 88 Fortunes Slots, MONOPOLY Slots, and Hot Shot Casino, as well as casual games comprising Bingo Showdown, Solitaire Pets Adventure, and Backgammon Live.
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