NASDAQ:BRAG

Bragg Gaming Group (BRAG) Stock Forecast, Price & News

$4.85

+0.03 (+0.62%)

(As of 09/29/2023 ET)

Compare

Today's Range: $4.77
▼
$5.03
50-Day Range: $4.29
▼
$5.76
52-Week Range: $2.89
▼
$5.80

Volume: 32,544 shs
Average Volume: 30,868 shs
Market Capitalization: $109.42 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.00

Bragg Gaming Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 106.2% Upside
$10.00 Price Target
Short Interest: Healthy
0.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.43
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 1,100.00%
From $0.02 to $0.24 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Consumer Discretionary Sector

81st out of 278 stocks

Computer Rental & Leasing Industry

1st out of 1 stocks

3.4

Analyst's Opinion

Consensus Rating
Bragg Gaming Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.00, Bragg Gaming Group has a forecasted upside of 106.2% from its current price of $4.85.
Amount of Analyst Coverage
Bragg Gaming Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.69% of the float of Bragg Gaming Group has been sold short.
Short Interest Ratio / Days to Cover
Bragg Gaming Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Bragg Gaming Group has recently decreased by 6.10%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Bragg Gaming Group does not currently pay a dividend.
Dividend Growth
Bragg Gaming Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BRAG.

3.0

News and Social Media Coverage

News Sentiment
Bragg Gaming Group has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Bragg Gaming Group this week, compared to 0 articles on an average week.
Search Interest
Only 2 people have searched for BRAG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bragg Gaming Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
26.40% of the stock of Bragg Gaming Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 5.17% of the stock of Bragg Gaming Group is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Bragg Gaming Group are expected to grow by 1,100.00% in the coming year, from $0.02 to $0.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bragg Gaming Group is -37.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bragg Gaming Group is -37.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Bragg Gaming Group has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Bragg Gaming Group (NASDAQ:BRAG) Stock

Bragg Gaming Group Inc. operates as an online gaming and content supplier to the gaming industry worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides content services from iGaming platform and turnkey gaming solution; and proprietary third-party gaming content, which delivers through a single integrated platform. In addition, the company operates Player Account Management platform under iCasino and sportsbook brands. It holds various content distribution rights through partnerships with selected third-party studios. The company was formerly known as Rockies Financial Corporation and as changed its name to Bragg Gaming Group Inc. in 2018. Bragg Gaming Group Inc. was incorporated in 2004 and is based in Toronto, Canada. Bragg Gaming Group Inc. is a subsidiary of Oryx Gaming International LLC.

BRAG Price History

30 days | 90 days | 365 days | Advanced Chart

BRAG Stock News Headlines

August 31, 2023 | markets.businessinsider.com

Haywood Believes Bragg Gaming Group Inc (BRAG) Still Has Room to Grow

August 28, 2023 | marketwatch.com

Bragg Gaming Appoints Chairman to CEO Position

September 30, 2023 | Tradewins (Ad)

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August 28, 2023 | finance.yahoo.com

Bragg Gaming Group Appoints Matevž Mazij CEO

August 27, 2023 | finance.yahoo.com

Bragg Gaming Group (TSE:BRAG) shareholders have earned a 16% CAGR over the last three years

August 16, 2023 | finance.yahoo.com

Wall Street Analysts Believe Bragg Gaming Group Inc. (BRAG) Could Rally 67.98%: Here's is How to Trade

August 10, 2023 | markets.businessinsider.com

Haywood Reiterates Their Buy Rating on Bragg Gaming Group Inc (BRAG)

August 10, 2023 | finance.yahoo.com

Bragg Gaming Group Inc. (BRAG) Tops Q2 Earnings and Revenue Estimates

September 30, 2023 | Chaikin Analytics (Ad)

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July 26, 2023 | markets.businessinsider.com

Bragg Gaming Group Inc (BRAG) Receives a Buy from Haywood

July 26, 2023 | finance.yahoo.com

Bragg Gaming Group Signs Global Distribution Deal with 888 Holdings

June 14, 2023 | benzinga.com

JMP Securities Initiates Coverage On Bragg Gaming Group with Market Perform Rating

May 13, 2023 | theglobeandmail.com

Closing Bell: Bragg Gaming Group Inc down on Friday (BRAG)

May 11, 2023 | msn.com

Recap: Bragg Gaming Group Q1 Earnings

May 10, 2023 | finance.yahoo.com

Bragg Gaming Group Inc. (BRAG) Reports Q1 Loss, Tops Revenue Estimates

May 1, 2023 | proactiveinvestors.com

Bragg Gaming reveals plans for expansion into new gaming markets in Europe and Mexico

April 21, 2023 | theglobeandmail.com

Closing Bell: Bragg Gaming Group Inc up on Friday (BRAG)

April 19, 2023 | theglobeandmail.com

Closing Bell: Bragg Gaming Group Inc down on Tuesday (BRAG)

April 14, 2023 | finance.yahoo.com

Bragg Gaming Group to Present at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 & 1x1 Meetings on Thursday, April 27, 2023

April 11, 2023 | finance.yahoo.com

Bragg Gaming Content Live with Caliente Interactive, Mexico’s Largest iGaming Provider

April 4, 2023 | finance.yahoo.com

Billionaire George Soros Fires Back at Donald Trump

March 19, 2023 | finance.yahoo.com

Manhattan D.A. says rhetoric won’t intimidate his office, as Trump charges loom

February 27, 2023 | finance.yahoo.com

Bragg Gaming Group to Release Fourth Quarter and Full Year 2022 Results on March 21

February 27, 2023 | finance.yahoo.com

Bragg Gaming’s New Content Live with Caesars Sportsbook & Casino in New Jersey

February 2, 2023 | finance.yahoo.com

Bragg Gaming Now Live in Belgium With Debut Partner Napoleon Sports and Casino

January 30, 2023 | msn.com

Bragg Gaming add to content rollout with DraftKings deal in New Jersey

November 15, 2022 | benzinga.com

Bragg Gaming Group to Participate at the Benchmark Company's 11th Annual Discovery 1x1 Investor Conference on December 1

See More Headlines

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BRAG Company Calendar

Last Earnings: 8/10/2023
Today: 9/29/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer rental & leasing
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:BRAG
CUSIP: N/A
CIK: 1867834
Web: www.bragg.games
Phone: (647) 800-2282
Fax: N/A
Employees: 446
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.00
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $8.00
Forecasted Upside/Downside: +106.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 242.50
P/E Growth: N/A
Net Income: $-3,670,000.00
Net Margins: -3.09%
Pretax Margin: -1.55%
Return on Equity: -3.96%
Return on Assets: -2.69%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.32
Quick Ratio: 1.32

Sales & Book Value

Annual Sales: $89.29 million
Price / Sales: 1.23
Cash Flow: $0.25 per share
Price / Cash Flow: 19.79
Book Value: $3.47 per share
Price / Book: 1.40

Miscellaneous

Outstanding Shares: 22,560,000
Free Float: 16,602,000
Market Cap: $109.42 million
Optionable: Not Optionable
Beta: 0.67

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Key Executives

Mr. Matevz Mazij
Chair of the Board & CEO

Ms. Lara Falzon
Pres & COO

Mr. Ronen Kannor (Age 46)
Chief Financial Officer
Comp: $560.26k

Mr. Peter Lavric
Chief Technology Officer

Mr. Yaniv Spielberg
Chief Strategy Officer & Company Sec.

Mr. Doug Fallon
Group Director of Content

Mr. Adam Joseph Arviv
Co-Founder & Strategic Advisor

Tim Dawson
Investor Relations Officer

Giles Potter
Chief Marketing Officer

Mr. Chris Looney
Chief Commercial Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BRAG Stock - Frequently Asked Questions

Should I buy or sell Bragg Gaming Group stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bragg Gaming Group in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BRAG shares.
View BRAG analyst ratings or view top-rated stocks.
What is Bragg Gaming Group's stock price forecast for 2023?: 4 Wall Street analysts have issued 1 year price targets for Bragg Gaming Group's shares. Their BRAG share price forecasts range from $8.00 to $12.00. On average, they expect the company's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 106.2% from the stock's current price.
View analysts price targets for BRAG or view top-rated stocks among Wall Street analysts.
How have BRAG shares performed in 2023?: Bragg Gaming Group's stock was trading at $3.85 on January 1st, 2023. Since then, BRAG stock has increased by 26.0% and is now trading at $4.85.
View the best growth stocks for 2023 here.
Are investors shorting Bragg Gaming Group?: Bragg Gaming Group saw a drop in short interest in September. As of September 15th, there was short interest totaling 121,600 shares, a drop of 6.1% from the August 31st total of 129,500 shares. Based on an average daily trading volume, of 43,400 shares, the days-to-cover ratio is currently 2.8 days. Approximately 0.7% of the shares of the stock are sold short.
View Bragg Gaming Group's Short Interest.
When is Bragg Gaming Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our BRAG earnings forecast.
How were Bragg Gaming Group's earnings last quarter?: Bragg Gaming Group Inc. (NASDAQ:BRAG) released its quarterly earnings results on Thursday, August, 10th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The firm earned $26.92 million during the quarter, compared to analyst estimates of $25.90 million. Bragg Gaming Group had a negative trailing twelve-month return on equity of 3.96% and a negative net margin of 3.09%.

What guidance has Bragg Gaming Group issued on next quarter's earnings?: Bragg Gaming Group issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $104.50 million-$106.70 million, compared to the consensus revenue estimate of $140.87 million.
What is Bragg Gaming Group's stock symbol?: Bragg Gaming Group trades on the NASDAQ under the ticker symbol "BRAG."
How do I buy shares of Bragg Gaming Group?: Shares of BRAG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Bragg Gaming Group's stock price today?: One share of BRAG stock can currently be purchased for approximately $4.85.
How much money does Bragg Gaming Group make?: Bragg Gaming Group (NASDAQ:BRAG) has a market capitalization of $109.42 million and generates $89.29 million in revenue each year. The company earns $-3,670,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis.
How many employees does Bragg Gaming Group have?: The company employs 446 workers across the globe.
How can I contact Bragg Gaming Group?: Bragg Gaming Group's mailing address is 130 King Street West Suite 1968, Toronto, Ontario M5X 1K6. The official website for the company is www.bragg.games. The company can be reached via phone at (647) 800-2282 or via email at dgentry@bragg.games.

This page (NASDAQ:BRAG) was last updated on 9/30/2023 by MarketBeat.com Staff

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