Inspired Entertainment Inc (NASDAQ:INSE) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Analysts have set a 1 year consensus price objective of $12.00 for the company and are anticipating that the company will post ($0.40) earnings per share for the current quarter, according to Zacks. Zacks has also given Inspired Entertainment an industry rank of 88 out of 255 based on the ratings given to its competitors.

A number of equities analysts have recently commented on INSE shares. ValuEngine cut Inspired Entertainment from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Zacks Investment Research downgraded Inspired Entertainment from a “buy” rating to a “hold” rating in a research report on Tuesday, November 26th.

Hedge funds have recently bought and sold shares of the business. Gabelli Funds LLC grew its position in shares of Inspired Entertainment by 3.7% during the 2nd quarter. Gabelli Funds LLC now owns 102,410 shares of the company’s stock valued at $864,000 after acquiring an additional 3,700 shares during the period. Teton Advisors Inc. raised its holdings in Inspired Entertainment by 9.3% in the 2nd quarter. Teton Advisors Inc. now owns 340,314 shares of the company’s stock worth $2,872,000 after purchasing an additional 28,836 shares during the period. Wells Fargo & Company MN bought a new position in Inspired Entertainment in the 2nd quarter worth $132,000. AWM Investment Company Inc. lifted its position in Inspired Entertainment by 2.6% during the second quarter. AWM Investment Company Inc. now owns 998,543 shares of the company’s stock valued at $8,428,000 after purchasing an additional 25,000 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. purchased a new position in Inspired Entertainment during the second quarter valued at $211,000. Institutional investors and hedge funds own 77.07% of the company’s stock.

Shares of NASDAQ:INSE remained flat at $$6.68 during trading on Tuesday. 8,658 shares of the company were exchanged, compared to its average volume of 20,991. The stock has a market cap of $152.42 million, a PE ratio of -10.77 and a beta of 1.28. Inspired Entertainment has a 1 year low of $3.86 and a 1 year high of $9.70. The company’s 50 day moving average price is $7.31 and its 200 day moving average price is $7.60.

Inspired Entertainment (NASDAQ:INSE) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($0.38) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.26) by ($0.12). The business had revenue of $26.60 million during the quarter, compared to the consensus estimate of $27.67 million. As a group, sell-side analysts expect that Inspired Entertainment will post -1.45 EPS for the current fiscal year.

About Inspired Entertainment

Inspired Entertainment, Inc, a business-to-business gaming technology company, supplies virtual sports and server based gaming worldwide. It designs, develops, markets, and distributes a portfolio of games through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and regulated operators of lotteries, as well as government affiliated and licensed operators.

Read More: What is the CAC 40 Index

Get a free copy of the Zacks research report on Inspired Entertainment (INSE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Inspired Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspired Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.