Gambling.com Group (NASDAQ:GAMB - Get Free Report) had its price target reduced by investment analysts at Jefferies Financial Group from $18.00 to $15.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's price target suggests a potential upside of 44.51% from the company's previous close.
GAMB has been the topic of several other reports. Truist Financial downgraded Gambling.com Group from a "buy" rating to a "hold" rating and lowered their target price for the company from $17.00 to $11.00 in a research report on Friday. 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 report on Friday. BTIG Research reduced their target price on shares of Gambling.com Group from $19.00 to $12.00 and set a "buy" rating for the company in a report on Friday. Finally, Wall Street Zen upgraded shares of Gambling.com Group from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $16.00.
View Our Latest Research Report on GAMB
Gambling.com Group Stock Down 4.0%
NASDAQ:GAMB opened at $10.38 on Friday. Gambling.com Group has a 1-year low of $9.22 and a 1-year high of $17.14. The company has a market capitalization of $360.81 million, a PE ratio of 10.70 and a beta of 0.91. The firm's 50-day moving average price is $11.34 and its 200-day moving average price is $12.58. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.06 and a quick ratio of 1.06.
Gambling.com Group (NASDAQ:GAMB - Get Free Report) last issued its 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 business had revenue of $39.59 million for the quarter, compared to the consensus estimate of $38.93 million. Gambling.com Group had a return on equity of 34.63% and a net margin of 24.97%. On average, equities analysts predict that Gambling.com Group will post 0.88 EPS for the current fiscal year.
Institutional Investors Weigh In On Gambling.com Group
Institutional investors have recently added to or reduced their stakes in the stock. AWM Investment Company Inc. raised its holdings in shares of Gambling.com Group by 9.8% during the fourth quarter. AWM Investment Company Inc. now owns 1,517,259 shares of the company's stock valued at $21,363,000 after acquiring an additional 135,000 shares during the last quarter. G2 Investment Partners Management LLC increased its position in shares of Gambling.com Group by 22.8% during the fourth quarter. G2 Investment Partners Management LLC now owns 825,147 shares of the company's stock worth $11,618,000 after purchasing an additional 153,173 shares in the last quarter. Driehaus Capital Management LLC raised its stake in Gambling.com Group by 47.4% in the 1st quarter. Driehaus Capital Management LLC now owns 750,454 shares of the company's stock valued at $9,471,000 after purchasing an additional 241,386 shares during the last quarter. Boothbay Fund Management LLC lifted its holdings in Gambling.com Group by 225.2% in the 2nd quarter. Boothbay Fund Management LLC now owns 669,989 shares of the company's stock valued at $7,966,000 after purchasing an additional 463,993 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Gambling.com Group by 12.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 503,426 shares of the company's stock worth $7,089,000 after purchasing an additional 56,268 shares during the last quarter. Institutional investors and hedge funds own 72.26% of the company's stock.
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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