Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine analysts that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $16.00.
Several equities analysts have commented on GAMB shares. BTIG Research cut their price target on Gambling.com Group from $19.00 to $12.00 and set a "buy" rating for the company in a report on Friday, August 15th. Jefferies Financial Group lowered their price objective on Gambling.com Group from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Stifel Nicolaus lowered their price objective on Gambling.com Group from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Truist Financial lowered Gambling.com Group from a "buy" rating to a "hold" rating and lowered their price objective for the company from $17.00 to $11.00 in a research note on Friday, August 15th. Finally, Zacks Research lowered Gambling.com Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 1st.
View Our Latest Analysis on GAMB
Gambling.com Group Trading Down 1.0%
Gambling.com Group stock opened at $8.06 on Friday. The business has a 50 day moving average price of $9.87 and a two-hundred day moving average price of $11.55. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.57. The stock has a market cap of $287.82 million, a price-to-earnings ratio of 20.15 and a beta of 0.89. Gambling.com Group has a 12 month low of $7.93 and a 12 month high of $17.14.
Gambling.com Group (NASDAQ:GAMB - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.12 by $0.25. The firm had revenue of $39.59 million during the quarter, compared to analysts' expectations of $38.93 million. Gambling.com Group had a return on equity of 38.04% and a net margin of 9.66%. Gambling.com Group has set its FY 2025 guidance at EPS. As a group, equities analysts forecast that Gambling.com Group will post 0.88 EPS for the current year.
Institutional Investors Weigh In On Gambling.com Group
Several large investors have recently modified their holdings of GAMB. G2 Investment Partners Management LLC grew its stake in shares of Gambling.com Group by 70.9% in the 2nd quarter. G2 Investment Partners Management LLC now owns 1,802,443 shares of the company's stock valued at $21,431,000 after purchasing an additional 747,559 shares during the period. Boothbay Fund Management LLC grew its position in Gambling.com Group by 225.2% during the 2nd quarter. Boothbay Fund Management LLC now owns 669,989 shares of the company's stock worth $7,966,000 after acquiring an additional 463,993 shares during the last quarter. Divisadero Street Capital Management LP bought a new stake in Gambling.com Group during the 2nd quarter worth approximately $3,635,000. Driehaus Capital Management LLC grew its position in Gambling.com Group by 47.4% during the 1st quarter. Driehaus Capital Management LLC now owns 750,454 shares of the company's stock worth $9,471,000 after acquiring an additional 241,386 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Gambling.com Group by 362.2% during the 2nd quarter. American Century Companies Inc. now owns 193,669 shares of the company's stock worth $2,303,000 after acquiring an additional 151,767 shares during the last quarter. 72.26% of the stock is currently owned by institutional investors.
About Gambling.com Group
(
Get Free Report)
Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.
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