NASDAQ:GMBL

Esports Entertainment Group (GMBL) Stock Forecast, Price & News

$0.11

+0.02 (+23.15%)

(As of 09/29/2023 ET)

Compare

Today's Range: $0.09
▼
$0.11
50-Day Range: $0.08
▼
$0.54
52-Week Range: $0.08
▼
$23.80

Volume: 37.66 million shs
Average Volume: 8.00 million shs
Market Capitalization: $355,376.00

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

Esports Entertainment Group MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
25.24% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.46
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($26.69) to ($1.91) Per Share

Overall MarketRank^™

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

1.52 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Esports Entertainment Group.

4.0

Short Interest

Percentage of Shares Shorted
25.24% of the outstanding shares of Esports Entertainment Group have been sold short.
Short Interest Ratio / Days to Cover
Esports Entertainment Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Esports Entertainment Group has recently decreased by 64.13%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Esports Entertainment Group does not currently pay a dividend.
Dividend Growth
Esports Entertainment 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 GMBL.

3.0

News and Social Media Coverage

News Sentiment
Esports Entertainment Group has a news sentiment score of 1.46. 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 0.63 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Esports Entertainment Group this week, compared to 0 articles on an average week.
Search Interest
Only 6 people have searched for GMBL on MarketBeat in the last 30 days. This is a decrease of -73% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Esports Entertainment Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Esports Entertainment Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.03% of the stock of Esports Entertainment Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.94% of the stock of Esports Entertainment Group is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Esports Entertainment Group are expected to grow in the coming year, from ($26.69) to ($1.91) per share.

See Top Rated MarketRank™ Stocks Here

About Esports Entertainment Group (NASDAQ:GMBL) Stock

Esports Entertainment Group, Inc. operates as an iGaming and entertainment company in the United States and internationally. The company operates Vie.bet, an esports focused platform; Sportnation.bet, an online sportsbook and casino; iDefix, a casino-platform; Bethard, an online sportsbook and casino; Vie.gg, an online esports wagering website; and ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments. It also organizes online tournaments and player-vs-player wagering. The company was formerly known as VGambling, Inc. and changed its name to Esports Entertainment Group, Inc. in May 2017. Esports Entertainment Group, Inc. was incorporated in 2008 and is based in St. Julian's, Malta.

GMBL Price History

30 days | 90 days | 365 days | Advanced Chart

GMBL Stock News Headlines

September 14, 2023 | markets.businessinsider.com

Why Novo Integrated Sciences Shares Are Trading Higher By 9%; Here Are 20 Stocks Moving Premarket

August 30, 2023 | finance.yahoo.com

Esports Entertainment Group, Inc. Promotes Michael Villani to Chief Financial Officer

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

On July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late!

August 15, 2023 | finance.yahoo.com

Esports Entertainment Group Announces Registered Direct Offering and Settlement Agreement

June 12, 2023 | msn.com

10 Esports and Gaming Stocks That are the Hottest Investments Right Now

June 12, 2023 | finance.yahoo.com

Esports Entertainment Group Announces Addition of Renowned Resort and Gaming Industry Executive Robert Soper to Board of Directors

June 1, 2023 | msn.com

HC Wainwright & Co. Reiterates Esports Entertainment Group (GMBL) Neutral Recommendation

May 31, 2023 | finance.yahoo.com

Esports Entertainment Group Announces Appointment of Damian Mathews as Chief Operating Officer

October 1, 2023 | Goldco (Ad)

Biden's Digital Dollar Nightmare

May 2, 2023 | marketwatch.com

8-K: ESPORTS ENTERTAINMENT GROUP, INC.

April 20, 2023 | finance.yahoo.com

Esports Entertainment Group Announces Agreement to Exchange $15 Million Senior Convertible Note to Unsecured Convertible Preferred Stock

February 17, 2023 | finance.yahoo.com

Esports Entertainment Group, Inc. Announces Sale of the Bethard Business and Amendment to Senior Convertible Note

December 15, 2022 | msn.com

Could The Hype Around eSports Be Fading? Find Out Why Some Experts Think So

December 7, 2022 | finance.yahoo.com

Esports Entertainment Group Announces Leadership Changes and Business Update

December 5, 2022 | finance.yahoo.com

Esports Entertainment Group Receives Approval for Continued Nasdaq Listing

November 16, 2022 | msn.com

Why Advance Auto Parts Shares Are Trading Lower By Around 13%; Here Are 18 Stocks Moving Premarket

September 16, 2022 | seekingalpha.com

Esports Entertainment stock slides on proposed securities offering

September 15, 2022 | finance.yahoo.com

Esports Entertainment Group Announces Pricing of $7.5 Million Public Offering of Common Stock and Warrants

September 15, 2022 | msn.com

Complexity Gaming sweep HEET at ESL Pro League Season 16

September 2, 2022 | finanznachrichten.de

Esports Entertainment Group, Inc.: Esports Entertainment Group CEO Grant Johnson to Speak at Next World Forum - Gaming & Esports Unleashed in Riyadh

August 31, 2022 | finance.yahoo.com

Esports Entertainment Group CEO Grant Johnson to Speak at Next World Forum - Gaming & Esports Unleashed in Riyadh

August 9, 2022 | finance.yahoo.com

SportNation Honored for Best UK Football Odds at Bookmaker Awards by Better Collective

July 19, 2022 | msn.com

PlayStation acquires Repeat.gg platform, continues esports expansion

June 23, 2022 | forbes.com

G2 Esports CEO Reveals Industry’s Most Important Factors For Financial Success

May 23, 2022 | investing.com

Esports Entertainment Group Reports Q3 Revenue of $15.7M, EPS of $(2.11), Issues FY22 Guidance of $55M-$60M

May 20, 2022 | finance.yahoo.com

Esports Entertainment Group Announces Appointment of Kaitesi Munroe to Board of Directors

May 3, 2022 | finance.yahoo.com

Esports Entertainment Group Announces Appointment of Jan Jones Blackhurst to Board of Directors

See More Headlines

Receive GMBL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Esports Entertainment Group and its competitors with MarketBeat's FREE daily newsletter.

GMBL Company Calendar

Last Earnings: 10/12/2021
Today: 9/30/2023
Next Earnings (Estimated): 10/02/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Amusement & recreation services
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:GMBL
CUSIP: N/A
CIK: 1451448
Web: esportsentertainmentgroup.com
Phone: 3562685629111
Fax: N/A
Employees: 2,019
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-102,230,000.00
Net Margins: -110.56%
Pretax Margin: -111.10%
Return on Equity: N/A
Return on Assets: -45.34%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.19
Quick Ratio: 0.19

Sales & Book Value

Annual Sales: $31.90 million
Price / Sales: 0.01
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($28.35) per share
Price / Book: 0.00

Miscellaneous

Outstanding Shares: 3,340,000
Free Float: 2,871,000
Market Cap: $355,376.00
Optionable: Not Optionable
Beta: 1.40

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Damian Mathews C.A. (Age 50)
COO & Director
Comp: $298.24k

Ms. Jennifer Pace (Age 59)
Chief People Officer

Mr. Alex Abraham Igelman L.L.B. (Age 56)
LLB, Chief Exec. Officer

Mr. Michael Villani (Age 46)
CFO & Financial Controller

Ms. Lydia Roy (Age 50)
Group Gen. Counsel, Compliance & Corp. Sec.

Brian Cordry
Head of Esports

Mr. David Williams
Sr. VP of Esports

Leon Martynenko
Director of Strategic Planning & Chief of Staff to the CEO

Mr. Michel Morizot
Sr. VP of Information Technology

Key Competitors

View All Competitors

Institutional Ownership

International Assets Investment Management LLC
Bought 36,116 shares on 7/20/2023
Ownership: 1.081%

View All Institutional Transactions

GMBL Stock - Frequently Asked Questions

Should I buy or sell Esports Entertainment Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Esports Entertainment Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GMBL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GMBL, but not buy additional shares or sell existing shares.
View GMBL analyst ratings or view top-rated stocks.
How have GMBL shares performed in 2023?: Esports Entertainment Group's stock was trading at $0.0766 at the beginning of 2023. Since then, GMBL stock has increased by 38.9% and is now trading at $0.1064.
View the best growth stocks for 2023 here.
Are investors shorting Esports Entertainment Group?: Esports Entertainment Group saw a drop in short interest in September. As of September 15th, there was short interest totaling 842,900 shares, a drop of 64.1% from the August 31st total of 2,350,000 shares. Based on an average daily trading volume, of 7,890,000 shares, the days-to-cover ratio is presently 0.1 days.
View Esports Entertainment Group's Short Interest.
When is Esports Entertainment Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 2nd 2023.
View our GMBL earnings forecast.
How were Esports Entertainment Group's earnings last quarter?: Esports Entertainment Group, Inc. (NASDAQ:GMBL) released its quarterly earnings results on Tuesday, October, 12th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.09. The company earned $8.80 million during the quarter. During the same quarter last year, the firm posted $0.54 earnings per share.
What other stocks do shareholders of Esports Entertainment Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Esports Entertainment Group investors own include Alphabet (GOOG), Wynn Resorts (WYNN), Caesars Entertainment (CZR), FedEx (FDX), Vail Resorts (MTN), Netflix (NFLX), William Hill (WIMHY), Walmart (WMT), Advanced Micro Devices (AMD).

What is Esports Entertainment Group's stock symbol?: Esports Entertainment Group trades on the NASDAQ under the ticker symbol "GMBL."
How do I buy shares of Esports Entertainment Group?: Shares of GMBL 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 Esports Entertainment Group's stock price today?: One share of GMBL stock can currently be purchased for approximately $0.11.
How much money does Esports Entertainment Group make?: Esports Entertainment Group (NASDAQ:GMBL) has a market capitalization of $355,376.00 and generates $31.90 million in revenue each year.
How many employees does Esports Entertainment Group have?: The company employs 2,019 workers across the globe.
How can I contact Esports Entertainment Group?: Esports Entertainment Group's mailing address is 170 PATER HOUSE PSAILA ST, BIRKIRKARA O1, BKR9077. The official website for the company is esportsentertainmentgroup.com. The company can be reached via phone at 3562685629111 or via email at ir@esportsentertainmentgroup.com.

This page (NASDAQ:GMBL) was last updated on 10/1/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Esports Entertainment Group (GMBL) Stock Forecast, Price & News

Esports Entertainment Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows