Inspired Entertainment (NASDAQ:INSE) Coverage Initiated by Analysts at B. Riley

Analysts at B. Riley assumed coverage on shares of Inspired Entertainment (NASDAQ:INSE) in a research report issued to clients and investors on Tuesday. The brokerage set a “buy” rating and a $13.00 price target on the stock. B. Riley’s price objective indicates a potential upside of 68.83% from the company’s current price. B. Riley also issued estimates for Inspired Entertainment’s Q1 2025 earnings at ($0.19) EPS, Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.33 EPS, Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $0.45 EPS and FY2026 earnings at $0.67 EPS.

Other equities research analysts have also issued research reports about the company. JMP Securities reiterated a “market outperform” rating and issued a $14.00 price target on shares of Inspired Entertainment in a research note on Friday, March 14th. New Street Research set a $21.00 price objective on shares of Inspired Entertainment in a report on Friday, March 14th. Finally, Truist Financial set a $19.00 price objective on shares of Inspired Entertainment in a report on Friday, March 14th.

Inspired Entertainment Stock Performance

Shares of INSE stock opened at $7.70 on Tuesday. Inspired Entertainment has a 52-week low of $6.51 and a 52-week high of $11.61. The firm has a market capitalization of $207.17 million, a PE ratio of -769.23 and a beta of 1.27. The stock has a fifty day simple moving average of $9.40 and a two-hundred day simple moving average of $9.40.

Inspired Entertainment (NASDAQ:INSE) last issued its quarterly earnings results on Monday, March 17th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13). Inspired Entertainment had a negative return on equity of 6.35% and a negative net margin of 0.10%. The business had revenue of $83.00 million during the quarter, compared to analysts’ expectations of $79.19 million. On average, sell-side analysts forecast that Inspired Entertainment will post 0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in INSE. Wells Fargo & Company MN lifted its holdings in shares of Inspired Entertainment by 51.0% in the 4th quarter. Wells Fargo & Company MN now owns 10,350 shares of the company’s stock valued at $94,000 after acquiring an additional 3,494 shares during the last quarter. Oxford Asset Management LLP bought a new position in shares of Inspired Entertainment in the 4th quarter valued at about $96,000. SG Americas Securities LLC bought a new position in shares of Inspired Entertainment in the 4th quarter valued at about $97,000. Clarus Group Inc. lifted its holdings in shares of Inspired Entertainment by 12.0% in the 4th quarter. Clarus Group Inc. now owns 14,019 shares of the company’s stock valued at $127,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Aptus Capital Advisors LLC bought a new position in shares of Inspired Entertainment in the 4th quarter valued at about $127,000. 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.