[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] Fw: VectorVest Stock Analysis of IGT



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.