Streetbeat News

SCPL

Sciplay Corp

https://www.sciplay.com/

Employees

674

Industry

Data Processing, Hosting, and Related Services

sciplay corporation develops and publishes digital games on mobile and web platforms worldwide. the company offers seven games, which include social casino games, such as jackpot party casino, gold fish casino, hot shot casino, and quick hit slots, as well as casual games comprising monopoly slots, bingo showdown, and 88 fortunes slots. its social casino games include slots-style game play, as well as table games-style game play; and casual games blend slots-style or bingo game play with adventure game features. the company was formerly known as sg social games corporation and changed its name to sciplay corporation in march 2019. sciplay corporation was founded in 1997 and is based in las vegas, nevada. sciplay corporation is a subsidiary of scientific games corporation.

Open

22.94

Mkt cap

496M

Volume

642K

High

22.95

P/E Ratio

23.18

52-wk high

22.96

Low

22.94

Div yield

N/A

52-wk low

12.05

DA Davidson analyst Franco Granda has downgraded SciPlay (NASDAQ:SCPL) from Buy to Neutral and set a price target of $23.

Portfolio Pulse from richadhand@benzinga.com

August 09, 2023 | 9:10 am

Several communication services stocks experienced significant movement in Tuesday's after-market session. SciPlay, TechTarget, comScore, Mobile Global Esports, Leafly Holdings, and EverQuote saw gains, with SciPlay leading with a 15.3% increase. On the other hand, Angi, PubMatic, IAC, ZipRecruiter, Grindr, and BuzzFeed experienced losses, with Angi leading the decline at 14.7%. Most of these movements were associated with the release of Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 9:32 pm

Light & Wonder, Inc. (LNW) has reached an agreement to acquire the remaining 17% equity interest in SciPlay Corporation (SCPL) that it does not currently own for $22.95 per share in an all-cash transaction. The transaction has been approved by the Board of Directors of both companies and is expected to close during the fourth quarter of 2023. Following the transaction, SciPlay will become a wholly-owned subsidiary of Light & Wonder.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:41 pm

SciPlay (NASDAQ:SCPL) reported Q2 earnings of $0.26 per share, beating the analyst consensus estimate of $0.25 by 4%. This is a 13.04% increase from the same period last year. The company also reported quarterly sales of $189.90 million, beating the analyst consensus estimate of $178.88 million by 6.16%. This is an 18.61% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 8:24 pm

Analysts have provided various ratings for SciPlay (NASDAQ:SCPL) within the last quarter, with 1 bullish, 1 somewhat bullish, and 3 indifferent. In the last 3 months, 5 analysts have offered 12-month price targets for SciPlay, with an average price target of $21.2. This average price target has increased by 14.59% over the past month.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 2:17 pm

Wedbush analyst Michael Pachter has reiterated an Outperform rating on SciPlay (NASDAQ:SCPL) and maintained a $23 price target.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 1:22 pm

Over the past 3 months, 5 analysts have published their opinion on SciPlay (NASDAQ:SCPL) stock. The average price target is $20.2, implying an upside from the current price of $19.91. The average price target has increased by 10.99% over the past month. The majority of the analysts are indifferent about the stock with 4 out of 5 giving it a neutral rating.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 7:00 pm

Truist Securities analyst Matthew Thornton has maintained a 'Hold' rating on SciPlay (NASDAQ:SCPL) and raised the price target from $18 to $20.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 11:05 am

Morgan Stanley analyst Brian Nowak maintains an Equal-Weight rating on SciPlay (NASDAQ:SCPL) and raises the price target from $15 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 12:27 pm

Over the past 3 months, 5 analysts have published their opinion on SciPlay (NASDAQ:SCPL) stock, with 1 bullish and 4 indifferent ratings. The average 12-month price target for SciPlay is $18.8, up 6.82% from the previous average of $17.60.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 5:03 pm

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