Inspired Entertainment, Inc. (NASDAQ:INSE - Free Report) - B. Riley lowered their FY2024 earnings per share (EPS) estimates for shares of Inspired Entertainment in a research report issued on Monday, November 11th. B. Riley analyst D. Bain now anticipates that the company will post earnings per share of $0.20 for the year, down from their previous forecast of $0.68. The consensus estimate for Inspired Entertainment's current full-year earnings is $0.50 per share. B. Riley also issued estimates for Inspired Entertainment's Q1 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.34 EPS and Q4 2025 earnings at $0.18 EPS.
A number of other analysts have also recently issued reports on the company. Macquarie decreased their target price on Inspired Entertainment from $11.00 to $10.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Craig Hallum upgraded shares of Inspired Entertainment to a "strong-buy" rating in a report on Thursday, October 17th.
Check Out Our Latest Research Report on INSE
Inspired Entertainment Price Performance
INSE stock traded down $0.09 on Thursday, hitting $10.23. 72,042 shares of the company were exchanged, compared to its average volume of 106,711. The stock has a market capitalization of $271.89 million, a price-to-earnings ratio of -1,032.00 and a beta of 1.40. The business's fifty day moving average is $9.41 and its two-hundred day moving average is $9.06. Inspired Entertainment has a twelve month low of $7.36 and a twelve month high of $11.00.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of INSE. EntryPoint Capital LLC purchased a new stake in shares of Inspired Entertainment in the 1st quarter valued at approximately $26,000. Bfsg LLC grew its stake in shares of Inspired Entertainment by 61.9% in the second quarter. Bfsg LLC now owns 9,875 shares of the company's stock worth $90,000 after acquiring an additional 3,775 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in Inspired Entertainment during the third quarter worth $106,000. Clarus Group Inc. acquired a new stake in shares of Inspired Entertainment in the 3rd quarter valued at $116,000. Finally, BNP Paribas Financial Markets lifted its holdings in Inspired Entertainment by 232.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 28,317 shares of the company's stock valued at $262,000 after purchasing an additional 19,794 shares during the last quarter. Institutional investors own 77.38% of the company's stock.
Inspired Entertainment Company Profile
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Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.
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