Equities analysts expect Inspired Entertainment Inc (NASDAQ:INSE) to post $52.19 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Inspired Entertainment’s earnings, with the lowest sales estimate coming in at $49.31 million and the highest estimate coming in at $55.06 million. Inspired Entertainment posted sales of $30.73 million in the same quarter last year, which suggests a positive year over year growth rate of 69.8%. The company is scheduled to report its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Inspired Entertainment will report full year sales of $139.16 million for the current financial year, with estimates ranging from $136.28 million to $142.03 million. For the next fiscal year, analysts expect that the firm will report sales of $245.72 million, with estimates ranging from $233.86 million to $257.58 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Inspired Entertainment.
Inspired Entertainment (NASDAQ:INSE) last released its earnings results on Tuesday, November 12th. The company reported ($0.38) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.12). The company had revenue of $26.60 million during the quarter, compared to analysts’ expectations of $27.67 million.
A number of large investors have recently made changes to their positions in INSE. Gabelli Funds LLC increased its holdings in Inspired Entertainment by 3.7% in the second quarter. Gabelli Funds LLC now owns 102,410 shares of the company’s stock worth $864,000 after purchasing an additional 3,700 shares in the last quarter. Teton Advisors Inc. boosted its position in Inspired Entertainment by 9.3% in the second quarter. Teton Advisors Inc. now owns 340,314 shares of the company’s stock worth $2,872,000 after purchasing an additional 28,836 shares during the last quarter. Wells Fargo & Company MN purchased a new position in Inspired Entertainment in the second quarter worth $132,000. AWM Investment Company Inc. boosted its position in Inspired Entertainment by 2.6% in the second quarter. AWM Investment Company Inc. now owns 998,543 shares of the company’s stock worth $8,428,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new position in Inspired Entertainment in the second quarter worth $211,000. Institutional investors own 77.07% of the company’s stock.
Inspired Entertainment stock traded down $0.03 during trading on Friday, hitting $6.96. The company’s stock had a trading volume of 2 shares, compared to its average volume of 9,138. The stock has a market capitalization of $159.50 million, a price-to-earnings ratio of -11.11 and a beta of 1.28. The stock’s fifty day moving average is $7.32 and its 200 day moving average is $7.61. Inspired Entertainment has a 1-year low of $3.86 and a 1-year high of $9.70.
Inspired Entertainment Company Profile
Inspired Entertainment, Inc, a business-to-business gaming technology company, supplies virtual sports and server based gaming worldwide. It designs, develops, markets, and distributes a portfolio of games through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and regulated operators of lotteries, as well as government affiliated and licensed operators.
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