|
PureBytes Links
Trading Reference Links
|
I have a short term target for this stock at $46
+/- and two longer term targets at $47 +/-. The stock should run
into some resistance and a retracement at those levels. Good luck and a
good weekend. Ira
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
<A title=profitok@xxxxxxxxxxxxx
href="">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Cc: <A title=ntt-list@xxxxxxxxxxxxxxx
href="">ntt-list@xxxxxxxxxxxxxxx
Sent: Wednesday, March 24, 2004 9:01
PM
Subject: [RT] Fw: VectorVest Stock
Analysis of IGT
this one keeps moving up
Ben
<IMG
src=""><IMG
height=0
src=""
width=0 border=0>
<A href=""
target=testimonialwindow><IMG
src=""
border=0>
<TABLE borderColor=#efefef cellSpacing=0 cellPadding=5 width="100%"
border=1>
<TABLE id=Table3 cellSpacing=0 cellPadding=0 width="100%"
border=0>
<TABLE id=Table4 cellSpacing=0 cellPadding=0
width="100%" border=0>
VectorVest Stock Analysis
of Int'l Game Tch as of
3/24/2004
Thank you for requesting an
analysis of Int'l Game Tch from VectorVest. The ticker
symbol for Int'l Game Tch is IGT. IGT is traded
on the New York Stock Exchange - (xN) and options are
available for this stock
Analysis
Summary
IGT is fairly valued
compared to its Price of $44.17 per share,
has well above average
safety, and is
currently rated a Buy.
<TD
class=CaptionBorderBottom>In-Depth Analysis
<SPAN
class=headerclass>Business: INTL GAME
TECHNOLOGY, (IGT) designs and makes computerized
casino gaming products and proprietary gaming systems
including video gaming operations and slot
machines.
<SPAN
class=headerclass>Price: IGT closed on
3/24/2004 at $44.17 per share
<SPAN
class=headerclass>Value: Value is a
measure of a stock's current worth. <SPAN
class=bluetext2>IGT has a current Value of $44.46 per
share. Therefore, it is fairly valued compared to
its Price of $44.17 per share. Value
is computed from forecasted earnings per share,
forecasted earnings growth, profitability, interest,
and inflation rates. Value increases when earnings,
earnings growth rate and profitably increase, and when
interest and inflation rates decrease. VectorVest
advocates the purchase of undervalued stocks. At some
point in time, a stock's Price and Value always will
converge.
RV
(Relative Value): RV is an indicator of
long-term price appreciation potential. <SPAN
class=greentext2>IGT has an RV of 1.31, which is very
good on a scale of 0.00 to 2.00. This indicator
is far superior to a simple comparison of Price and
Value because it is computed from an analysis of
projected price appreciation three years out, AAA
Corporate Bond Rates, and risk. RV solves the riddle
of whether it is preferable to buy High growth, High
P/E stocks, or Low growth, Low P/E stocks. VectorVest
favors the purchase of stocks with RV ratings above
1.00.
RS
(Relative Safety): RS is an indicator of
risk. IGT has an RS rating of
1.29, which is very good on a scale of 0.00 to
2.00. RS is computed from an analysis of the
consistency and predictability of a company's
financial performance, debt to equity ratio, sales
volume, business longevity, price volatility and other
factors. A stock with an RS rating greater than 1.00
is safer and more predictable than the average stock
in the VectorVest database. VectorVest favors the
purchase of stocks of companies with consistent,
predictable financial performance.
RT
(Relative Timing): RT is a fast, smart,
accurate indicator of a stock's price trend. <SPAN
class=greentext2>IGT has a Relative Timing rating of
1.51, which is excellent on a scale of 0.00 to
2.00. RT is computed from an analysis of
the direction, magnitude, and dynamics of a stock's
price movements over one day, one week, one quarter
and one year time periods. Once a stock's price has
established a strong trend, it is expected to continue
in that trend for the short-term. If a trend
dissipates, RT will gravitate toward 1.00. RT will
explode from bottoms, dive from tops, and reflect
changes in price momentum. VectorVest favors the
purchase of stocks with RT ratings above 1.00.
VST
(VST-Vector): VST is the master indicator
for ranking every stock in the VectorVest database.
IGT has a VST rating of 1.39,
which is very good on a scale of 0.00 to
2.00. VST is computed from the square root
of a weighted sum of the squares of RV, RS, and RT.
Stocks with the highest VST ratings have the best
combinations of Value, Safety and Timing. These are
the stocks to own for above average, long-term capital
appreciation. VectorVest advocates the purchase of
safe, undervalued stocks rising in price. <A
href=""
target=_blank>The efficacy of this indicator was
demonstrated in a study conducted at the University of
Chicago which showed that high VST stocks outperformed
the S&P 500 by 583.1% over the six year period
from 1996 through 2002.
CI (Comfort
Index): CI is an indicator which reflects
a stock's ability to resist severe and/or lengthy
price declines. IGT has a CI
rating of 1.56, which is excellent on a scale of 0.00
to 2.00. CI is quite different from RS in that
it is based solely upon a stock's long-term price
history. VectorVest advocates the purchase of high CI
stocks.
GRT (Earnings Growth
Rate): GRT reflects a company's one to
three year forecasted earnings growth rate in percent
per year. IGT has a forcasted
Earnings Growth Rate of 20.00%, which VectorVest
considers to be very good. GRT is computed from
historical, current and forecasted earnings data. It
is updated each week for every stock in the VectorVest
database. GRT often foretells a stock's future price
trend. If a stock's GRT trend is upward, the stock's
price will likely rise. If GRT is trending downward,
the stock's Price will probably fall. VectorVest
favors the purchase of stocks whose GRT is rising and
is greater than the sum of current inflation and
interest rates, (6.98%).
Recommendation
(REC): VectorVest gives a Buy, Sell, Hold
recommendation on every stock, every day. <SPAN
>IGT has a Buy
recommendation. REC reflects the cumulative
effect of all the VectorVest parameters working
together. These parameters are designed to help
investors buy safe, undervalued stocks rising in
price. They also help investors avoid or sell risky,
overvalued stocks falling in price. VectorVest
recommends that investors buy high VST-Vector,
Buy-rated stocks in rising markets.
Stop
(Stop-Price): Stop is an indicator of when
to sell a long position or cover a short
position. IGT has a
Stop of $38.56 per share. This is $5.61 below
IGT's current closing Price. A stock's Stop is
computed from a 13 week moving average of its closing
prices, and is fine-tuned according to the stock's
fundamentals. High RV, high RS stocks have lower
Stops, and low RV, low RS stocks have higher Stops. In
the VectorVest system, a stock gets a 'B' or 'H'
recommendation if its Price is above its Stop and an
'S' recommendation if its Price is below its
Stop.
EPS
(Earnings per Share): EPS stands for
leading 12 months Earnings Per Share. <SPAN
class=headerclass>IGT has a forecasted EPS of
$1.36 per share. VectorVest determines this
forecast from a combination of recent earnings
performance and traditional fiscal and/or calendar
year earnings forecasts.
P/E
(Price to Earnings Ratio): P/E is a popular
measure of stock valuation which shows the dollars
required to buy one dollar of earnings. <SPAN
class=headerclass>IGT has a P/E of 32.48. This
ratio may be deemed to be high or low depending upon
your frame of reference. The average P/E of all the
stocks in the VectorVest database is 35.16. P/E is
computed daily using the formula: P/E = Price/EPS.
EY (Earnings
Yield): EY reflects earnings per share as a
percent of Price. EY is related to P/E via the
formula, EY = 100 / (P/E), and may be used in place of
P/E as a measure of valuation. EY has the advantages
that it is always determinate and can reflect negative
earnings. IGT has an EY
of 3.08 percent. This is above the current
average of 2.84% for all the stocks in the VectorVest
database. EY equals 100 x (EPS/Price).
GPE
(Growth to P/E Ratio): GPE is another popular
measure of stock valuation. It compares earnings
growth rate to P/E ratio. IGT
has a GPE rating of 0.62. High growth
stocks are believed to be able to justify high P/E
ratios. A stock is commonly considered to be
undervalued when GPE is greater than 1.00 and
overvalued when GPE is below 1.00. Unfortunately, this
rule of thumb does not take into account the effect of
interest rates on P/E ratios. The operative GPE ratio
of 1.00 is valid when and only when interest rates
equal 10%. With long-term interest rates currently at
5.28%, the operative GPE ratio is 0.28. <SPAN
class=greentext2>Therefore, IGT may be considered
to be undervalued.
DIV
(Dividend): VectorVest reports annual, regular,
cash dividends as indicated by the most recent
payments. Special distributions, one-time payments,
stock dividends, etc., are not generally included in
DIV. IGT pays a dividend of
$0.4 per share.
DY
(Dividend Yield): DY reflects earnings per
share as a percent of Price. <SPAN
class=headerclass>IGT has a Dividend Yield of
0.9%. This is below to the current average of
1.3% for all the stocks in the VectorVest database. DY
equals 100 x (DIV/Price). It is useful to compare DY
with EY. If DY is not significantly lower than EY, the
dividend payment may be in jeopardy.
DS (Dividend
Safety): DS is an indicator of the assurance
that regular cash dividends will be declared and paid
at current or at higher rates for the foreseeable
future. IGT has a Dividend
Safety of 84 , which is excellent on a scale of 0 to
99. Stocks with DS values above 75 typically
have RS values well above 1.00 and EY levels that are
much higher than DY.
DG
(Dividend Growth Rate): Dividend Growth is a
subtle yet important indicator of a company's
financial performance. It also provides some insight
into the board's outlook on the company's ability to
increase earnings. IGT has a
Dividend Growth of -7% This is below to the
current average of 2% for all the stocks in the
VectorVest database.
YSG
(YSG-Vector): YSG is an indicator which
combines DIV, DY and DG into a single value, and
allows direct comparison of all dividend-paying stocks
in the database. IGT has a YSG
rating of 0.85, which is fair on a scale of 0.00 to
2.00. Stocks with the highest YSG values have
the best combinations of Dividend Yield, Safety and
Growth. These are the stocks to buy for above average
current income and long-term growth.
<SPAN
class=headerclass>Open: IGT opened
trading at a price of $42.30 per share on
3/24/2004.
<SPAN
class=headerclass>High: IGT traded at a
High price of $44.50 per share on 3/24/2004.
Low: IGT
traded at a Low price of $42.30 per share on
3/24/2004
Close: IGT
closed trading at price $44.17 per share on 3/24/2004.
(Close is also called Price in the VectorVest
system)
Range: Range
reflects the difference between the High and Low
prices for the day. IGT traded with a range of
$2.20 per share on 3/24/2004.
$Change: IGT
closed up 2.71 from the prior
day's closing Price.
%PRC: IGT's Price
changed 6.54% from the prior day's
closing price.
Volume: IGT
traded 9,093,700 shares on 3/24/2004.
AvgVol: AvgVol is
the 50 day moving average of daily volume as computed
by VectorVest. IGT has an AvgVol of
2,322,900 shares traded per day.
%Vol: %Vol reflects
the percent change in today's trading volume as
compared to the AvgVol. %Vol equals 100 x
(Volume/AvgVol). IGT had a %Vol of
291.48% on 3/24/2004
Sales: IGT has annual
sales of $2,246,000,000
Sales Growth: Sales
Growth is the Sales Growth Rate in percent over the
last 12 months. IGT has a
Sales Growth of 24.00% per year. This is
excellent. Sales Growth is updated each week
for every stock. It is often useful to compare Sales
Growth to Earnings Growth to gain an insight into a
company's operations.
Sales Per Share (SPS):
IGT has annual sales of $6.48 per share.
SPS can be used as a measure of valuation when
comparing stocks within an Industry Group.
Price to Sales Ratio
(P/S): IGT has a P/S of 6.81. This ratio
is also used as a measure of valuation. Here, too, it
is useful when comparing stocks within an Industry
Group.
Shares: IGT
has 346,000,000 shares of stock
outstanding.
Market Capitalization: IGT
has a Market Capitalization of $15,306,000,000.
Market Capitalization is calculated by multiplying
price times shares outstanding.
Industry Group: IGT
has been assigned to the <SPAN
class=HEADERCLASS>Leisure (Gaming) Industry
Group. VectorVest classifies stocks into over 200
Industry Groups and 40 Business Sectors.
Business
Sector: IGT has been assigned to
the Leisure
Business Sector. VectorVest classifies stocks into
over 200 Industry Groups and 40 Business
Sectors.
The basic strategy of VectorVest
is to buy Low risk, High reward stocks. We suggest
that Prudent investors buy enough High Relative Value,
High Relative Safety stocks to keep the overall RV and
RS ratings of their portfolios above 1.00. As you do
this, you'll find that your risk will go down and your
investment performance will improve.
<A
name=ViewGraph>
Graph
<TABLE id=Table9 cellSpacing=0 cellPadding=0 width=640
align=center border=0>
<TABLE id=Table10 width=320 bgColor=#111163
border=0>
Int'l
Game Tch
<IMG
src="">
<IMG
src="">
<TABLE id=Table11 width=320 bgColor=#111163
border=0>
<TD class=graphcaption width=320
height=20>Leisure (Gaming)
<IMG
src="">
<IMG
src="">
<A
href=""><IMG
src=""
border=0>
<A
href="">For another stock analysis,
please click here.
Please do not reply to this
email. For answers to your questions, please call
1-888-658-7638, or email us at <A
href="">productsupport@xxxxxxxxxxxxxx.
Copyright 2001 by VectorVest,
Inc. All Rights Reserved.20472 Chartwell
Center Drive, Cornelius NC 28031For additional
information, call 1-888-658-7638, e-mail to <A
href="">productsupport@xxxxxxxxxxxxxx,
or visit our internet site at <A
href=""
target=_vectorvestwindow>http://www.vectorvest.com
DISCLAIMER: VectorVest is
licensed by VectorVest, Inc., and is protected by United
States copyright laws and international treaty provisions.
The information contained herein is for your exclusive,
personal use only. You may print a single copy of any stock
analysis for your exclusive use, but it is not to be
reproduced for distribution without the expressed written
consent of VectorVest, Inc. You should be aware of the risks
involved in stock investing, and you use the material
contained herein at your own risk. This material is believed
to be reliable, but neither VectorVest, Inc., nor any of its
suppliers guarantee its accuracy or validity, nor are they
responsible for any errors or omissions which may have
occurred. The analysis, ratings, and/or recommendations made
by VectorVest, and/or any of its suppliers do not provide,
imply, or otherwise constitute a guarantee of
performance.VectorVest is comprised of reports
embodying a unique system of stock analysis. All contents
and recommendations are based on data and sources believed
to be reliable, but accuracy and completeness cannot be
guaranteed. Users should be aware of the risks involved in
stock investments. It should not be assumed that future
results will be profitable or will equal past performance,
real, indicated or implied. VectorVest and/or its principals
may purchase or sell any of the securities cited herein.
VectorVest and the logostyle, geometric design are,
individually and collectively, service marks licensed by
VectorVest, Inc. VectorVest is published daily by
VectorVest, Inc. 20472 Chartwell Center Dive Cornelius, NC
28031 704-895-4095
Yahoo! Groups Links
To visit your group on the web, go to:http://groups.yahoo.com/group/realtraders/
To unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|