B. Riley Issues Negative Estimate for INSE Earnings

Inspired Entertainment, Inc. (NASDAQ:INSE) – Stock analysts at B. Riley dropped their Q4 2024 EPS estimates for Inspired Entertainment in a research note issued on Monday, November 11th. B. Riley analyst D. Bain now forecasts that the company will post earnings of $0.21 per share for the quarter, down from their prior 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 analysts have also recently weighed in on the stock. Craig Hallum raised shares of Inspired Entertainment to a “strong-buy” rating in a research note on Thursday, October 17th. Macquarie reduced their price objective on shares of Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th.

Inspired Entertainment Stock Performance

NASDAQ INSE opened at $10.23 on Wednesday. The firm’s fifty day moving average price is $9.41 and its two-hundred day moving average price is $9.06. The stock has a market cap of $271.89 million, a PE ratio of -1,023.00 and a beta of 1.40. Inspired Entertainment has a fifty-two week low of $7.36 and a fifty-two week high of $11.00.

Institutional Trading of Inspired Entertainment

Several institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its position in Inspired Entertainment by 232.2% during the third quarter. BNP Paribas Financial Markets now owns 28,317 shares of the company’s stock valued at $262,000 after acquiring an additional 19,794 shares during the last quarter. Foundry Partners LLC boosted its position in Inspired Entertainment by 12.8% during the third quarter. Foundry Partners LLC now owns 529,380 shares of the company’s stock valued at $4,907,000 after acquiring an additional 59,915 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Inspired Entertainment during the third quarter valued at $106,000. Private Management Group Inc. boosted its position in Inspired Entertainment by 35.5% during the third quarter. Private Management Group Inc. now owns 1,633,593 shares of the company’s stock valued at $15,143,000 after acquiring an additional 428,312 shares during the last quarter. Finally, Clarus Group Inc. bought a new stake in Inspired Entertainment during the third quarter valued at $116,000. 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.