Inspired Entertainment’s (INSE) Buy Rating Reiterated at BWS Financial

Inspired Entertainment (NASDAQ:INSE)‘s stock had its “buy” rating restated by research analysts at BWS Financial in a research report issued on Monday,Benzinga reports. They presently have a $20.00 price objective on the stock. BWS Financial’s price objective would indicate a potential upside of 167.38% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Macquarie reaffirmed a “neutral” rating and set a $10.00 price target on shares of Inspired Entertainment in a research note on Thursday, August 7th. Zacks Research raised shares of Inspired Entertainment from a “strong sell” rating to a “hold” rating in a report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Inspired Entertainment in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Inspired Entertainment presently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Inspired Entertainment Trading Down 3.9%

Shares of NASDAQ INSE traded down $0.30 during mid-day trading on Monday, hitting $7.48. The company had a trading volume of 23,474 shares, compared to its average volume of 136,236. The stock’s 50-day moving average price is $8.61 and its 200-day moving average price is $8.48. The company has a market capitalization of $201.44 million, a price-to-earnings ratio of 3.76 and a beta of 1.70. Inspired Entertainment has a 1 year low of $6.51 and a 1 year high of $11.61.

Inspired Entertainment (NASDAQ:INSE) last released its quarterly earnings results on Tuesday, November 29th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $77.60 million for the quarter. Inspired Entertainment had a net margin of 18.78% and a negative return on equity of 1,176.67%. As a group, equities research analysts forecast that Inspired Entertainment will post 0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Simon Quick Advisors LLC boosted its position in shares of Inspired Entertainment by 4.6% during the second quarter. Simon Quick Advisors LLC now owns 26,269 shares of the company’s stock valued at $215,000 after purchasing an additional 1,152 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Inspired Entertainment by 0.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 211,766 shares of the company’s stock valued at $1,986,000 after buying an additional 1,866 shares in the last quarter. SkyView Investment Advisors LLC boosted its holdings in shares of Inspired Entertainment by 3.7% during the 2nd quarter. SkyView Investment Advisors LLC now owns 68,884 shares of the company’s stock valued at $551,000 after buying an additional 2,477 shares in the last quarter. MetLife Investment Management LLC grew its position in shares of Inspired Entertainment by 28.7% in the 1st quarter. MetLife Investment Management LLC now owns 12,341 shares of the company’s stock worth $105,000 after buying an additional 2,751 shares during the period. Finally, Clarus Group Inc. increased its stake in shares of Inspired Entertainment by 21.2% in the 3rd quarter. Clarus Group Inc. now owns 16,998 shares of the company’s stock worth $159,000 after acquiring an additional 2,979 shares in the last quarter. Hedge funds and other 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.