Q4 EPS Estimates for Inspired Entertainment Cut by B. Riley

Inspired Entertainment, Inc. (NASDAQ:INSE) – Equities researchers at B. Riley cut their Q4 2024 earnings estimates for Inspired Entertainment in a research note issued to investors on Monday, November 11th. B. Riley analyst D. Bain now expects that the company will post earnings of $0.21 per share for the quarter, down from their prior estimate 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.

A number of other brokerages have also commented on INSE. Macquarie decreased their price objective on Inspired Entertainment from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Friday, August 9th. Craig Hallum upgraded Inspired Entertainment to a “strong-buy” rating in a research report on Thursday, October 17th.

Inspired Entertainment Price Performance

Shares of INSE opened at $10.32 on Wednesday. The company has a market cap of $274.28 million, a PE ratio of -1,032.00 and a beta of 1.40. The firm has a 50-day moving average of $9.41 and a 200-day moving average of $9.06. Inspired Entertainment has a one year low of $7.36 and a one year high of $11.00.

Hedge Funds Weigh In On Inspired Entertainment

A number of institutional investors have recently added to or reduced their stakes in INSE. Mirae Asset Global Investments Co. Ltd. increased its holdings in Inspired Entertainment by 2.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,917 shares of the company’s stock worth $512,000 after purchasing an additional 1,275 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in Inspired Entertainment by 102.1% in 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 during the last quarter. Foundry Partners LLC boosted its position in Inspired Entertainment by 9.5% during the 1st quarter. Foundry Partners LLC now owns 372,145 shares of the company’s stock worth $3,669,000 after buying an additional 32,380 shares during the period. Private Management Group Inc. grew its holdings in Inspired Entertainment by 94.6% during the 1st quarter. Private Management Group Inc. now owns 348,895 shares of the company’s stock worth $3,440,000 after acquiring an additional 169,575 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new position in Inspired Entertainment in the 1st quarter valued at approximately $26,000. 77.38% of the stock is currently owned by institutional investors and hedge funds.

About Inspired Entertainment

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.