B. Riley Issues Negative Estimate for INSE Earnings

Inspired Entertainment, Inc. (NASDAQ:INSE) – Stock analysts at B. Riley cut their Q4 2024 EPS estimates for Inspired Entertainment in a report released on Monday, November 11th. B. Riley analyst D. Bain now anticipates that the company will earn $0.21 per share for the quarter, down from their previous estimate of $0.26. 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 Q2 2025 earnings at $0.19 EPS and FY2025 earnings at $0.73 EPS.

A number of other equities research analysts have also weighed in on INSE. Craig Hallum upgraded shares of Inspired Entertainment to a “strong-buy” rating in a report on Thursday, October 17th. Macquarie lowered their target price on shares of Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Friday, August 9th.

Inspired Entertainment Trading Down 0.9 %

Shares of NASDAQ INSE opened at $10.23 on Wednesday. The firm’s 50-day moving average price is $9.41 and its 200-day moving average price is $9.06. Inspired Entertainment has a 1-year low of $7.36 and a 1-year high of $11.00. The firm has a market capitalization of $271.89 million, a P/E ratio of -1,023.00 and a beta of 1.40.

Institutional Investors Weigh In On Inspired Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Management Group Inc. increased its stake in Inspired Entertainment by 35.5% in the 3rd quarter. Private Management Group Inc. now owns 1,633,593 shares of the company’s stock valued at $15,143,000 after buying an additional 428,312 shares during the last quarter. Foundry Partners LLC increased its stake in Inspired Entertainment by 12.8% in the 3rd quarter. Foundry Partners LLC now owns 529,380 shares of the company’s stock valued at $4,907,000 after buying an additional 59,915 shares during the last quarter. Teton Advisors Inc. increased its stake in Inspired Entertainment by 0.8% in the 1st quarter. Teton Advisors Inc. now owns 247,221 shares of the company’s stock valued at $2,438,000 after buying an additional 2,000 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in Inspired Entertainment by 51.4% in the 1st quarter. Gamco Investors INC. ET AL now owns 199,700 shares of the company’s stock valued at $1,969,000 after buying an additional 67,800 shares during the last quarter. Finally, Hood River Capital Management LLC increased its stake in Inspired Entertainment by 79.0% in the 1st quarter. Hood River Capital Management LLC now owns 198,408 shares of the company’s stock valued at $1,956,000 after buying an additional 87,569 shares during the last quarter. Hedge funds and other institutional investors own 77.38% of the company’s stock.

Inspired Entertainment Company Profile

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.