B. Riley Research Analysts Lower Earnings Estimates for INSE

Inspired Entertainment, Inc. (NASDAQ:INSE) – Equities research analysts at B. Riley decreased their Q4 2024 earnings per share (EPS) estimates for Inspired Entertainment in a note issued to investors on Monday, November 11th. B. Riley analyst D. Bain now anticipates that the company will post earnings of $0.21 per share for the quarter, down from their previous forecast of $0.26. The consensus estimate for Inspired Entertainment’s current full-year earnings is $0.50 per share. B. Riley also issued estimates for Inspired Entertainment’s Q2 2025 earnings at $0.19 EPS and FY2025 earnings at $0.73 EPS.

Several other brokerages have also issued reports on INSE. Craig Hallum upgraded shares of Inspired Entertainment to a “strong-buy” rating in a research report on Thursday, October 17th. Macquarie cut their price objective on shares of Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Friday, August 9th.

Inspired Entertainment Stock Performance

Inspired Entertainment stock opened at $10.65 on Wednesday. Inspired Entertainment has a 52-week low of $7.36 and a 52-week high of $11.00. The business has a 50-day simple moving average of $9.37 and a two-hundred day simple moving average of $9.05.

Hedge Funds Weigh In On Inspired Entertainment

A number of hedge funds have recently modified their holdings of the company. EntryPoint Capital LLC bought a new position in Inspired Entertainment in the 1st quarter worth $26,000. Bfsg LLC raised its stake in Inspired Entertainment by 61.9% during the 2nd quarter. Bfsg LLC now owns 9,875 shares of the company’s stock valued at $90,000 after purchasing an additional 3,775 shares during the period. GSA Capital Partners LLP purchased a new position in Inspired Entertainment in the 3rd quarter worth approximately $106,000. Clarus Group Inc. bought a new position in Inspired Entertainment in the 3rd quarter worth approximately $116,000. Finally, BNP Paribas Financial Markets grew its holdings in Inspired Entertainment by 102.1% during the 1st quarter. BNP Paribas Financial Markets now owns 35,108 shares of the company’s stock valued at $346,000 after buying an additional 17,733 shares in the last quarter. 77.38% of the stock is currently owned by institutional investors.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.