Brightstar Lottery (NYSE:BRSL) Shares Gap Down – Here’s What Happened

Shares of Brightstar Lottery (NYSE:BRSL – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $10.01, but opened at $9.45. Brightstar Lottery shares last traded at $9.3460, with a volume of 109,483 shares changing hands.

Analyst Ratings Changes

BRSL has been the topic of several recent analyst reports. Jefferies Financial Group upgraded Brightstar Lottery from a “hold” rating to a “buy” rating and lifted their price target for the company from $12.00 to $16.00 in a research note on Thursday, August 13th. Truist Financial dropped their price objective on Brightstar Lottery from $13.00 to $11.00 and set a “hold” rating for the company in a research report on Tuesday, October 20th. Stifel Nicolaus set a $19.00 price objective on Brightstar Lottery in a research note on Friday, September 25th. Zacks Research raised Brightstar Lottery from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Wall Street Zen cut shares of Brightstar Lottery from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Brightstar Lottery currently has a consensus rating of “Hold” and a consensus price target of $14.77.

Read Our Latest Stock Analysis on Brightstar Lottery

Brightstar Lottery Price Performance

The company has a debt-to-equity ratio of 2.16, a current ratio of 1.10 and a quick ratio of 1.00. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 7.39, a price-to-earnings-growth ratio of 4.13 and a beta of 1.15. The business’s 50-day simple moving average is $10.11 and its two-hundred day simple moving average is $11.52.

Brightstar Lottery (NYSE:BRSL – Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.08. The firm had revenue of $607.00 million for the quarter. Brightstar Lottery had a net margin of 10.05% and a return on equity of 10.47%. Research analysts expect that Brightstar Lottery will post 0.35 earnings per share for the current year.

Institutional Investors Weigh In On Brightstar Lottery

Hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its position in Brightstar Lottery by 16.5% during the 2nd quarter. BlackRock Inc. now owns 6,785,934 shares of the company’s stock worth $72,745,000 after acquiring an additional 961,306 shares during the last quarter. Bank of America Corp DE increased its holdings in Brightstar Lottery by 17.3% in the 1st quarter. Bank of America Corp DE now owns 1,031,022 shares of the company’s stock worth $13,135,000 after purchasing an additional 151,839 shares in the last quarter. Royce & Associates LP increased its holdings in Brightstar Lottery by 370.4% in the 3rd quarter. Royce & Associates LP now owns 1,031,270 shares of the company’s stock worth $10,302,000 after purchasing an additional 812,040 shares in the last quarter. Orvieto Partners L.P. increased its holdings in Brightstar Lottery by 2.0% in the 1st quarter. Orvieto Partners L.P. now owns 753,596 shares of the company’s stock worth $9,601,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Deutsche Bank AG raised its position in Brightstar Lottery by 1.0% in the second quarter. Deutsche Bank AG now owns 854,803 shares of the company’s stock valued at $9,163,000 after purchasing an additional 8,479 shares during the last quarter. Institutional investors and hedge funds own 44.33% of the company’s stock.

Brightstar Lottery Company Profile

(Get Free Report)

Brightstar Lottery provides technology and services to government-sponsored and authorized lotteries. Its offerings include lottery systems and retail terminals, draw-based and instant games, digital lottery platforms, and operational and marketing support.

The company serves lottery customers in North America and international markets, supporting sales through retail locations and online channels. Its systems and services help lotteries manage game operations, transactions, and player engagement.

Brightstar Lottery was formerly the lottery business of International Game Technology (IGT) and adopted its current name as IGT’s lottery operations were separated from its gaming and digital businesses in 2025.

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