Gambling.com Group Limited (NASDAQ:GAMB – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $7.3750.
Several equities research analysts have commented on the stock. Zacks Research raised shares of Gambling.com Group to a “hold” rating in a report on Monday, March 16th. Benchmark reaffirmed a “speculative buy” rating and set a $4.00 price objective (down from $6.00) on shares of Gambling.com Group in a report on Friday, May 15th. Wall Street Zen raised shares of Gambling.com Group from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Jefferies Financial Group dropped their price objective on shares of Gambling.com Group from $8.00 to $7.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Finally, Glj Research set a $7.50 price objective on shares of Gambling.com Group in a report on Thursday, March 12th.
View Our Latest Report on GAMB
Gambling.com Group Price Performance
Gambling.com Group (NASDAQ:GAMB – Get Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.06). The business had revenue of $40.44 million for the quarter, compared to analysts’ expectations of $40.21 million. Gambling.com Group had a negative net margin of 27.44% and a positive return on equity of 27.61%. Research analysts predict that Gambling.com Group will post 0.14 earnings per share for the current year.
Institutional Investors Weigh In On Gambling.com Group
A number of institutional investors and hedge funds have recently modified their holdings of the company. WINTON GROUP Ltd raised its stake in Gambling.com Group by 165.0% in the fourth quarter. WINTON GROUP Ltd now owns 120,016 shares of the company’s stock valued at $655,000 after purchasing an additional 74,729 shares in the last quarter. Prescott Group Capital Management L.L.C. purchased a new stake in Gambling.com Group in the fourth quarter valued at approximately $953,000. Gabelli Funds LLC raised its stake in Gambling.com Group by 100.0% in the fourth quarter. Gabelli Funds LLC now owns 56,000 shares of the company’s stock valued at $306,000 after purchasing an additional 28,000 shares in the last quarter. Strs Ohio raised its stake in Gambling.com Group by 48.2% in the fourth quarter. Strs Ohio now owns 97,200 shares of the company’s stock valued at $531,000 after purchasing an additional 31,600 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Gambling.com Group by 2,253.7% in the fourth quarter. State of Alaska Department of Revenue now owns 26,620 shares of the company’s stock valued at $145,000 after purchasing an additional 25,489 shares in the last quarter. 72.26% of the stock is owned by hedge funds and other institutional investors.
Gambling.com Group Company Profile
Gambling.com Group is a digital performance marketing company specializing in the online gambling industry. Through a diversified portfolio of affiliate websites, the company generates leads and traffic for operators in segments such as sports betting, online casino, poker, bingo and daily fantasy sports. Its platforms offer in-depth reviews, expert guides, comparison tools and editorial content designed to help players make informed choices and drive conversions for partner brands.
The group’s service offerings include search engine optimization, pay-per-click campaigns, display advertising, email marketing and social media management.
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