Ubisoft Entertainment SA (OTCMKTS:UBSFY) Forecasted to Post FY2022 Earnings of $0.48 Per Share

Ubisoft Entertainment SA (OTCMKTS:UBSFYGet Rating) – Equities research analysts at KeyCorp cut their FY2022 EPS estimates for shares of Ubisoft Entertainment in a report released on Wednesday, April 27th. KeyCorp analyst T. Parker now forecasts that the company will post earnings of $0.48 per share for the year, down from their previous estimate of $0.54. KeyCorp also issued estimates for Ubisoft Entertainment’s FY2023 earnings at $0.52 EPS.

Several other research analysts have also weighed in on UBSFY. Morgan Stanley lowered their target price on shares of Ubisoft Entertainment from €70.00 ($75.27) to €62.00 ($66.67) in a research report on Monday, January 10th. Benchmark upgraded shares of Ubisoft Entertainment from a “sell” rating to a “hold” rating in a research report on Tuesday, February 22nd. Barclays reduced their price target on shares of Ubisoft Entertainment from €47.00 ($50.54) to €38.10 ($40.97) in a research report on Tuesday. Finally, Zacks Investment Research upgraded shares of Ubisoft Entertainment from a “sell” rating to a “hold” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Ubisoft Entertainment currently has an average rating of “Buy” and an average price target of $52.02.

Shares of UBSFY opened at $8.66 on Friday. The company has a current ratio of 2.24, a quick ratio of 2.18 and a debt-to-equity ratio of 1.09. Ubisoft Entertainment has a 52-week low of $7.36 and a 52-week high of $15.49. The company has a 50-day simple moving average of $8.93 and a 200-day simple moving average of $9.88.

Ubisoft Entertainment Company Profile (Get Rating)

Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats worldwide. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines.

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Earnings History and Estimates for Ubisoft Entertainment (OTCMKTS:UBSFY)

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