At the time of writing, Inspired Entertainment Inc [INSE] stock is trading at $10.95, up 0.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The INSE shares have gain 6.31% over the last week, with a monthly amount glided 16.61%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Macquarie downgraded its rating to Neutral on January 17, 2024. On November 15, 2022, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $18 on the stock. Truist initiated its recommendation with a Buy and recommended $18 as its price target on July 23, 2021. B. Riley Securities started tracking with a Buy rating for this stock on June 01, 2021, and assigned it a price target of $30. In a note dated December 20, 2018, ROTH Capital initiated an Buy rating.
For the past year, the stock price of Inspired Entertainment Inc fluctuated between $7.51 and $11.00. Currently, Wall Street analysts expect the stock to reach $19.5 within the next 12 months. Inspired Entertainment Inc [NASDAQ: INSE] shares were valued at $10.95 at the most recent close of the market. An investor can expect a potential return of 78.08% based on the average INSE price forecast.
Analyzing the INSE fundamentals
According to Inspired Entertainment Inc [NASDAQ:INSE], the company’s sales were 297.90M for trailing twelve months, which represents an -20.00% plunge. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is -0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.8.
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 10.81 points at the first support level, and at 10.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.16, and for the 2nd resistance point, it is at 11.37.
Ratios To Look Out For
It is important to note that Inspired Entertainment Inc [NASDAQ:INSE] has a current ratio of 1.51. On the other hand, the Quick Ratio is 1.22, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.98.
