Gambling.com Group Limited (NASDAQ:GAMB – Free Report) – Stock analysts at B. Riley dropped their Q4 2024 earnings per share estimates for Gambling.com Group in a research note issued on Friday, August 16th. B. Riley analyst D. Bain now expects that the company will post earnings of $0.25 per share for the quarter, down from their prior estimate of $0.28. B. Riley currently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for Gambling.com Group’s current full-year earnings is $0.76 per share. B. Riley also issued estimates for Gambling.com Group’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.21 EPS and Q4 2025 earnings at $0.29 EPS.
A number of other research firms have also recently weighed in on GAMB. Truist Financial reaffirmed a “buy” rating and set a $13.00 price target (up previously from $12.00) on shares of Gambling.com Group in a report on Friday. Craig Hallum lifted their price target on Gambling.com Group from $12.00 to $14.00 and gave the company a “buy” rating in a report on Friday. Finally, Stifel Nicolaus cut their price target on Gambling.com Group from $16.00 to $13.00 and set a “buy” rating on the stock in a report on Friday, May 17th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $13.25.
Get Our Latest Stock Report on GAMB
Gambling.com Group Stock Performance
Shares of GAMB stock opened at $10.65 on Monday. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 0.01. The business has a 50 day moving average of $8.62 and a two-hundred day moving average of $8.69. Gambling.com Group has a 52 week low of $7.51 and a 52 week high of $14.83. The company has a market cap of $396.42 million, a P/E ratio of 21.73 and a beta of 0.86.
Gambling.com Group (NASDAQ:GAMB – Get Free Report) last posted its quarterly earnings results on Thursday, May 16th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. Gambling.com Group had a return on equity of 23.12% and a net margin of 17.06%. The business had revenue of $29.22 million during the quarter, compared to the consensus estimate of $28.35 million.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Quarry LP grew its position in Gambling.com Group by 1,997.6% during the 2nd quarter. Quarry LP now owns 12,019 shares of the company’s stock worth $99,000 after purchasing an additional 11,446 shares in the last quarter. Gabelli Funds LLC grew its holdings in shares of Gambling.com Group by 4.2% during the 2nd quarter. Gabelli Funds LLC now owns 32,000 shares of the company’s stock valued at $263,000 after acquiring an additional 1,300 shares in the last quarter. Yarra Square Partners LP grew its holdings in shares of Gambling.com Group by 27.2% during the 2nd quarter. Yarra Square Partners LP now owns 312,981 shares of the company’s stock valued at $2,573,000 after acquiring an additional 67,000 shares in the last quarter. Hsbc Holdings PLC purchased a new position in shares of Gambling.com Group during the 2nd quarter valued at $115,000. Finally, Renaissance Technologies LLC grew its holdings in shares of Gambling.com Group by 4.2% during the 2nd quarter. Renaissance Technologies LLC now owns 298,800 shares of the company’s stock valued at $2,456,000 after acquiring an additional 12,000 shares in the last quarter. Institutional investors own 72.26% of the company’s stock.
About Gambling.com Group
Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company’s focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.
Further Reading
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