With 0.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.25 million shares. During the session, the Gambling company that operates in wider Consumer Cyclical sector, reached to the highest price of $14.52 whereas the lowest price it dropped to was $14.15. The 52-week range on GAMB shows that it touched its highest point at $16.09 and its lowest point at $7.51 during that stretch. It currently has a 1-year price target of $17.71. Beta for the stock currently stands at 1.01.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GAMB was down-trending over the past week, with a drop of -11.79%, but this was up by 7.90% over a month. Three-month performance surged to 39.03% while six-month performance rose 76.98%. The stock gained 43.87% in the past year, while it has gained 44.31% so far this year. A look at the trailing 12-month EPS for GAMB yields 0.78 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.24. This implies an EPS growth rate of 26.91% for this year and 9.76% for next year.
Float and Shares Shorts:
At present, 35.08 million GAMB shares are outstanding with a float of 16.40 million shares on hand for trading. On 2024-10-31, short shares totaled 0.79 million, which was 218.00000000000003 higher than short shares on 1727654400. In addition to Mr. Charles Hanson Gillespie as the firm’s Co-Founder, CEO & Chairman of the Board, Mr. Kevin McCrystle serves as its Co-Founder & COO.
Institutional Ownership:
Through their ownership of 0.35827 of GAMB’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GAMB reported revenue of $32118000.0 and operating income of $9603000.0. The EBITDA in the recently reported quarter was $11364000.0 and diluted EPS was $0.24.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GAMB since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GAMB analysts setting a high price target of 20.0 and a low target of 16.0, the average target price over the next 12 months is 17.71429. Based on these targets, GAMB could surge 38.7% to reach the target high and rise by 10.96% to reach the target low. Reaching the average price target will result in a growth of 22.85% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.90221 being high and $0.83356 being low. For GAMB, this leads to a yearly average estimate of $0.86298. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.19.
