Wall Avenue brokerages forecast that Impressed Leisure, Inc. (NASDAQ:INSE – Get Rating) will report $65.50 million in gross sales for the present quarter, Zacks reviews. Three analysts have offered estimates for Impressed Leisure’s earnings, with the best gross sales estimate coming in at $67.70 million and the bottom estimate coming in at $63.40 million. Impressed Leisure reported gross sales of $41.50 million throughout the identical quarter final 12 months, which might counsel a optimistic 12 months over 12 months development charge of 57.8%. The corporate is anticipated to announce its subsequent quarterly earnings outcomes on Monday, January 1st.
On common, analysts anticipate that Impressed Leisure will report full-year gross sales of $266.37 million for the present fiscal 12 months, with estimates starting from $260.40 million to $270.50 million. For the following 12 months, analysts anticipate that the enterprise will put up gross sales of $282.80 million, with estimates starting from $274.60 million to $289.50 million. Zacks Funding Analysis’s gross sales averages are a mean primarily based on a survey of analysts that comply with Impressed Leisure.
Impressed Leisure (NASDAQ:INSE – Get Rating) final introduced its quarterly earnings outcomes on Tuesday, Could tenth. The corporate reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.15. Throughout the identical interval within the prior 12 months, the enterprise earned ($0.69) EPS.
Individually, Zacks Investment Research raised Impressed Leisure from a “maintain” score to a “purchase” score and set a $13.00 worth goal for the corporate in a analysis be aware on Tuesday, March eighth.
In associated information, Director Michael R. Chambrello acquired 10,000 shares of the inventory in a transaction dated Tuesday, Could twenty fourth. The inventory was acquired at a mean value of $9.91 per share, with a complete worth of $99,100.00. Following the acquisition, the director now immediately owns 18,226 shares of the corporate’s inventory, valued at $180,619.66. The transaction was disclosed in a doc filed with the SEC, which is accessible by way of this hyperlink. 12.27% of the inventory is owned by firm insiders.
A number of massive buyers have just lately purchased and bought shares of INSE. Morgan Stanley raised its holdings in shares of Impressed Leisure by 108.9% within the second quarter. Morgan Stanley now owns 320,798 shares of the corporate’s inventory value $4,090,000 after shopping for an extra 167,213 shares through the interval. Deutsche Financial institution AG bought a brand new stake in shares of Impressed Leisure within the third quarter value roughly $34,000. Barclays PLC raised its holdings in shares of Impressed Leisure by 291.9% within the third quarter. Barclays PLC now owns 3,174 shares of the corporate’s inventory value $37,000 after shopping for an extra 2,364 shares through the interval. Geode Capital Administration LLC raised its holdings in shares of Impressed Leisure by 6.5% within the third quarter. Geode Capital Administration LLC now owns 145,057 shares of the corporate’s inventory value $1,697,000 after shopping for an extra 8,893 shares through the interval. Lastly, Dimensional Fund Advisors LP raised its holdings in shares of Impressed Leisure by 492.5% within the third quarter. Dimensional Fund Advisors LP now owns 95,611 shares of the corporate’s inventory value $1,119,000 after shopping for an extra 79,473 shares through the interval. 89.78% of the inventory is owned by institutional buyers and hedge funds.
Shares of Inspired Entertainment stock opened at $11.54 on Tuesday. The inventory has a 50 day transferring common of $10.45 and a 200 day transferring common of $12.15. Impressed Leisure has a 12 month low of $8.27 and a 12 month excessive of $15.81. The agency has a market cap of $310.32 million, a PE ratio of -7.04 and a beta of 1.46.
About Impressed Leisure (Get Rating)
Impressed Leisure, Inc, a business-to-business gaming expertise firm, provides content material, platform, and different services and products to regulated lottery, betting, and gaming operators worldwide. The corporate operates by way of 4 segments: Gaming, Digital Sports activities, Interactive, and Leisure. The Gaming phase provides gaming terminals and software program to betting workplaces, casinos, gaming halls, and excessive road grownup gaming facilities; a portfolio of video games by way of its digital terminals below the Centurion and Tremendous Scorching Fruits names; and conventional on line casino video games, equivalent to roulette, blackjack, and quantity video games.
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