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

BWS Financial restated their buy rating on shares of Inspired Entertainment (NASDAQ:INSE) in a research report released on Monday morning,Benzinga reports. The brokerage currently has a $20.00 target price on the stock.

Several other research firms have also recently commented on INSE. Zacks Research upgraded shares of Inspired Entertainment from a “strong sell” rating to a “hold” rating in a report on Friday, September 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Inspired Entertainment in a research report on Thursday, November 13th. Finally, Macquarie restated a “neutral” rating and issued a $10.00 target price on shares of Inspired Entertainment in a research note on Thursday, August 7th. 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $14.00.

Inspired Entertainment Price Performance

NASDAQ:INSE opened at $6.87 on Monday. The stock has a market cap of $185.01 million, a PE ratio of 3.45 and a beta of 1.70. Inspired Entertainment has a fifty-two week low of $6.51 and a fifty-two week high of $11.61. The stock’s 50-day moving average is $8.48 and its two-hundred day moving average is $8.47.

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

Institutional Investors Weigh In On Inspired Entertainment

A number of large investors have recently added to or reduced their stakes in the stock. National Bank of Canada FI acquired a new position in Inspired Entertainment during the first quarter valued at approximately $31,000. MetLife Investment Management LLC boosted its holdings in shares of Inspired Entertainment by 28.7% during 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. BNP Paribas Financial Markets grew its stake in Inspired Entertainment by 428.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 13,437 shares of the company’s stock valued at $110,000 after buying an additional 10,892 shares during the last quarter. Jane Street Group LLC bought a new position in Inspired Entertainment in the 1st quarter worth $123,000. Finally, R Squared Ltd acquired a new position in Inspired Entertainment during the 3rd quarter worth $143,000. 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.