Gambling.com Group Ltd (GAMB) stock: 12-month forecast projects 6.6% potential return%

A share price of Gambling.com Group Ltd [GAMB] is currently trading at $12.43, up 20.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GAMB shares have gain 23.56% over the last week, with a monthly amount glided 24.42%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, B. Riley Securities started tracking the stock with Buy rating on July 18, 2023, and set its price target to $14. On July 11, 2023, ROTH MKM initiated with a Buy rating and assigned a price target of $13 on the stock. Macquarie started tracking the stock assigning a Outperform rating and suggested a price target of $13 on June 28, 2023. BTIG Research initiated its recommendation with a Buy and recommended $13 as its price target on June 23, 2023. Craig Hallum started tracking with a Buy rating for this stock on March 29, 2023, and assigned it a price target of $15. In a note dated August 17, 2021, Truist initiated an Buy rating and provided a target price of $11 on this stock.

Gambling.com Group Ltd experienced fluctuations in its stock price throughout the past year between $7.51 and $13.85. Currently, Wall Street analysts expect the stock to reach $13.25 within the next 12 months. Gambling.com Group Ltd [NASDAQ: GAMB] shares were valued at $12.43 at the most recent close of the market. An investor can expect a potential return of 6.6% based on the average GAMB price forecast.

Analyzing the GAMB fundamentals

Trailing Twelve Months sales for Gambling.com Group Ltd [NASDAQ:GAMB] were 115.74M which represents 17.59% growth. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.22 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.37 points at the first support level, and at 10.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.24, and for the 2nd resistance point, it is at 14.06.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Gambling.com Group Ltd [NASDAQ:GAMB] is 0.99. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 3.97, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 18.50.

Transactions by insiders

Recent insider trading involved Boatside Investments, 10% Owner, that happened on Oct 24 ’24 when 0.48 million shares were purchased.

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