Inspired Entertainment (INSE) to Announce Earnings on Friday

Inspired Entertainment (NASDAQ:INSE) will be announcing its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Inspired Entertainment (NASDAQ:INSE) last announced its earnings results on Tuesday, February 27th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $97.50 million during the quarter. Inspired Entertainment had a net margin of 2.25% and a negative return on equity of 13.11%. On average, analysts expect Inspired Entertainment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Inspired Entertainment Stock Down 0.6 %

Shares of INSE opened at $8.65 on Wednesday. Inspired Entertainment has a 52 week low of $6.12 and a 52 week high of $16.01. The stock has a market cap of $229.74 million, a price-to-earnings ratio of 34.60 and a beta of 1.43. The business has a 50-day simple moving average of $9.25 and a two-hundred day simple moving average of $9.15.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on INSE shares. JMP Securities restated a “market outperform” rating and set a $15.00 price objective on shares of Inspired Entertainment in a research report on Tuesday, April 16th. B. Riley started coverage on Inspired Entertainment in a research note on Friday, April 5th. They set a “buy” rating and a $21.00 target price on the stock. Finally, Macquarie downgraded Inspired Entertainment from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $16.00 to $10.00 in a research report on Wednesday, January 17th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $16.25.

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.