FY2024 EPS Estimates for Inspired Entertainment, Inc. Lowered by Analyst (NASDAQ:INSE)

Inspired Entertainment, Inc. (NASDAQ:INSE) – Stock analysts at B. Riley decreased their FY2024 earnings per share estimates for shares of Inspired Entertainment in a research note issued on Sunday, September 15th. B. Riley analyst D. Bain now forecasts that the company will earn $0.68 per share for the year, down from their prior estimate of $0.72. The consensus estimate for Inspired Entertainment’s current full-year earnings is $0.55 per share. B. Riley also issued estimates for Inspired Entertainment’s Q2 2025 earnings at $0.22 EPS.

Inspired Entertainment (NASDAQ:INSE) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.03). The firm had revenue of $75.60 million for the quarter, compared to analyst estimates of $74.30 million. Inspired Entertainment had a negative return on equity of 6.47% and a negative net margin of 0.09%. During the same period in the previous year, the business posted $0.14 earnings per share.

Separately, Macquarie dropped their price target on shares of Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Friday, August 9th.

Inspired Entertainment Stock Up 5.1 %

NASDAQ INSE opened at $9.92 on Wednesday. The firm has a 50-day moving average price of $8.73 and a two-hundred day moving average price of $9.00. Inspired Entertainment has a 12-month low of $6.12 and a 12-month high of $12.61. The company has a market capitalization of $263.58 million, a P/E ratio of 165.33 and a beta of 1.40.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of INSE. Mirae Asset Global Investments Co. Ltd. lifted its position in Inspired Entertainment by 2.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,917 shares of the company’s stock worth $512,000 after purchasing an additional 1,275 shares during the period. Teton Advisors Inc. lifted its holdings in shares of Inspired Entertainment by 0.8% during the 1st quarter. Teton Advisors Inc. now owns 247,221 shares of the company’s stock worth $2,438,000 after acquiring an additional 2,000 shares during the period. EntryPoint Capital LLC acquired a new stake in shares of Inspired Entertainment during the 1st quarter worth approximately $26,000. Gabelli Funds LLC boosted its position in shares of Inspired Entertainment by 3.8% during the 4th quarter. Gabelli Funds LLC now owns 93,400 shares of the company’s stock worth $923,000 after acquiring an additional 3,400 shares in the last quarter. Finally, Bfsg LLC increased its stake in Inspired Entertainment by 61.9% in the second quarter. Bfsg LLC now owns 9,875 shares of the company’s stock valued at $90,000 after acquiring an additional 3,775 shares during the last quarter. Institutional investors own 77.38% of the company’s stock.

About Inspired Entertainment

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.