SGMS
Scientific Games Corp
Consumer
03/24/2015
Presented
| Date | 03/19/2015 |
| Price | $11.28 |
| Market Cap | $0.97B |
| Ent Value | $9.32B |
| P/E Ratio | N/A |
| Book Value | $0.05 |
| Div Yield | N/A |
| Shares O/S | 85.52M |
| Ave Daily Vol | 940,000 |
| Short Int | 13.96% |
Current
| Price | $94.21 |
| Market Cap | $8.36B |
| Scientific Games Corporation develops technology-based products and services, and associated content for the gaming and lottery industries worldwide. The company operates through three segments: Gaming, Lottery, and Interactive. The Gaming segment offers gaming machines, conversion kits, automatic card shufflers, roulette chip sorters, and spare parts; leases gaming machines, automatic card shufflers, roulette chip sorters, and server-based gaming systems and content; and licenses proprietary table game content. This segment also provides video lottery central monitoring and control systems and networks for gaming regulators; and casino-management technology solutions and systems. This segment serves commercial, tribal, and governmental gaming operators. The Lottery segment designs, prints, and sells instant lottery games; provides value-added services, such as game design, sales and marketing support, specialty games and promotions, inventory management, warehousing, and fulfillment services, as well as full instant game category management services; and offers licensed games, and promotional and interactive marketing services. This segment also provides lottery systems, including customized computer software, software support, equipment, and data communication services; and supplies proprietary transaction-processing software, draw lottery games, keno, point-of-sale terminals, central site computers, and communication platforms, as well as ongoing operational support and maintenance services. In addition, it offers instant game validation services; software, hardware, and related services for sports wagering and keno systems; and prints and sells phone cards. The Interactive segment provides interactive gaming products and services for social gaming and real-money gaming through desktop and mobile devices to online casino operators. Scientific Games Corporation was founded in 1984 and is headquartered in Las Vegas, Nevada. |
Publicly traded companies mentioned herein: Scientific Games Corp (SGMS)
Highlights
The presenter is long shares of Scientific Games (SGMS), citing opportunity for synergies on recent acquisitions to exceed expectations. He thinks these synergies have not been clearly communicated to investors by company management. If projected synergy numbers are met, the presenter thinks the stock can reach $20 - $23 in a year’s time.
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