WMS has been the subject of a number of other recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of WMS Industries from $24.00 to $26.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Credit Suisse (NYSE: CS) upgraded shares of WMS Industries from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday. They now have a $27.00 price target on the stock. Finally, analysts at Goldman Sachs (NYSE: GS) downgraded shares of WMS Industries from a “neutral” rating to a “sell” rating in a research note to investors on Thursday, March 15th. They now have a $19.00 price target on the stock.
WMS Industries remained flat at $23.01 during trading on Tuesday. WMS Industries has a 52-week low of $16.24 and a 52-week high of $34.38. The company has a market cap of $1.273 billion and a price-to-earnings ratio of 24.38.
The company last announced its quarterly results on Monday, April 30th. It reported $0.40 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.42 EPS by $0.02. The company’s quarterly revenue was down 8.7% on a year-over-year basis. Analysts expect that WMS Industries will post $0.32 EPS next quarter.
WMS Industries Inc. (WMS) serves the legalized gaming industry by designing, manufacturing and distributing games, video and mechanical reel-spinning gaming machines and video lottery terminals (VLTs) to authorized customers in legal gaming venues worldwide.