NeoGames (NASDAQ:NGMS – Get Rating) is set to release its earnings data after the market closes on Wednesday, May 11th. Analysts expect NeoGames to post earnings of $0.10 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
NeoGames (NASDAQ:NGMS – Get Rating) last issued its quarterly earnings results on Wednesday, March 9th. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.09). The business had revenue of $12.25 million for the quarter, compared to analysts’ expectations of $11.85 million. NeoGames had a return on equity of 14.50% and a net margin of 9.22%. On average, analysts expect NeoGames to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ:NGMS opened at $14.80 on Wednesday. The firm has a market capitalization of $325.54 million, a price-to-earnings ratio of 87.06 and a beta of 2.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.27 and a quick ratio of 2.27. The business has a fifty day moving average price of $15.09 and a 200-day moving average price of $24.88. NeoGames has a one year low of $10.69 and a one year high of $73.54.
Several institutional investors have recently made changes to their positions in NGMS. Royal Bank of Canada grew its position in shares of NeoGames by 52.3% during the third quarter. Royal Bank of Canada now owns 780 shares of the company’s stock worth $28,000 after purchasing an additional 268 shares in the last quarter. Legal & General Group Plc boosted its stake in NeoGames by 39.3% in the 4th quarter. Legal & General Group Plc now owns 1,629 shares of the company’s stock worth $45,000 after purchasing an additional 460 shares during the period. Citigroup Inc. grew its holdings in NeoGames by 48.0% during the 4th quarter. Citigroup Inc. now owns 5,712 shares of the company’s stock valued at $159,000 after buying an additional 1,853 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of NeoGames by 2,750.2% during the fourth quarter. Wells Fargo & Company MN now owns 5,957 shares of the company’s stock valued at $165,000 after buying an additional 5,748 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of NeoGames by 184.1% in the first quarter. Morgan Stanley now owns 4,847 shares of the company’s stock worth $174,000 after buying an additional 3,141 shares in the last quarter. Institutional investors and hedge funds own 42.38% of the company’s stock.
About NeoGames (Get Rating)
NeoGames SA provides a suite of iLottery technology solutions worldwide. The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of draw based games and instant tickets through personal computers, smartphones, and handheld devices.
- Get a free copy of the StockNews.com research report on NeoGames (NGMS)
- 3 Earnings Plays With Big Move Potential
- There Are Weeds In The Garden At Scotts Miracle-Gro
- It’s Time For FuboTV to Stand Out in the Sea of Streaming
- Landstar Systems Stock Can Bottom Down Here
- 3M Stock is Worth a Look Because of the Company it Keeps
Receive News & Ratings for NeoGames Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeoGames and related companies with MarketBeat.com's FREE daily email newsletter.