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Are we looking at the next big move in SciPlay Corporation (SCPL)?

SciPlay Corporation (NASDAQ: SCPL) is -0.15% lower on its value in year-to-date trading and has touched a low of $10.75 and a high of $22.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SCPL stock was last observed hovering at around $13.72 in the last trading session, with the day’s gains setting it 0.04% off its average median price target of $16.00 for the next 12 months. It is also 31.2% off the consensus price target high of $20.00 offered by 11 analysts, but current levels are -1.93% lower than the price target low of $13.50 for the same period.

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Currently trading at $13.76, the stock is 1.40% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.29% at the moment leaves the stock -5.47% off its SMA200. SCPL registered -16.71% loss for a year compared to 6-month gain of 13.16%.

The stock witnessed a 2.23% loss in the last 1 month and extending the period to 3 months gives it a 3.46%, and is 6.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.24% over the week and 3.47% over the month.

SciPlay Corporation (SCPL) has around 632 employees, a market worth around $1.75B and $613.00M in sales. Current P/E ratio is 18.57 and Fwd P/E is 12.45. Profit margin for the company is 3.00%. Distance from 52-week low is 28.00% and -38.27% from its 52-week high. The company has generated returns on investments over the last 12 months (127.80%).

SciPlay Corporation (SCPL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for SciPlay Corporation (SCPL) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.60, where 5 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

SciPlay Corporation is expected to release its quarterly report on 11/09/2022.The EPS is expected to shrink by -9.90% this year.

SciPlay Corporation (SCPL) Top Institutional Holders

The shares outstanding are 24.60M, and float is at 23.90M with Short Float at 1.31%.

SciPlay Corporation (SCPL) Insider Activity

A total of 9 insider transactions have happened at SciPlay Corporation (SCPL) in the last six months, with sales accounting for 3 and purchases happening 6 times.

SciPlay Corporation (SCPL): Who are the competitors?

The company’s main competitors (and peers) include Activision Blizzard Inc. (ATVI) that is trading -12.81% down over the past 12 months and Electronic Arts Inc. (EA) that is -7.47% lower over the same period. The Allstate Corporation (ALL) is -10.01% down on the 1-year trading charts.

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