Q4 EPS Estimates for Gambling.com Group Cut by B. Riley

Gambling.com Group Limited (NASDAQ:GAMB) – Stock analysts at B. Riley decreased their Q4 2024 EPS estimates for shares of Gambling.com Group in a research report issued to clients and investors on Monday, November 18th. B. Riley analyst D. Bain now expects that the company will post earnings of $0.24 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Gambling.com Group’s current full-year earnings is $0.80 per share. B. Riley also issued estimates for Gambling.com Group’s Q4 2025 earnings at $0.28 EPS.

Other equities research analysts have also issued research reports about the stock. Macquarie boosted their price target on shares of Gambling.com Group from $14.00 to $16.00 and gave the company an “outperform” rating in a report on Monday. Stifel Nicolaus boosted their price target on shares of Gambling.com Group from $13.00 to $14.00 and gave the company a “buy” rating in a report on Friday, November 15th. Craig Hallum boosted their price objective on shares of Gambling.com Group from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, Truist Financial reiterated a “buy” rating and set a $16.00 price objective (up previously from $13.00) on shares of Gambling.com Group in a research note on Friday, November 15th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $15.00.

Gambling.com Group Price Performance

Gambling.com Group stock opened at $12.52 on Tuesday. Gambling.com Group has a 1 year low of $7.51 and a 1 year high of $13.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $466.03 million, a price-to-earnings ratio of 16.05 and a beta of 0.86. The firm has a 50-day moving average of $10.09 and a two-hundred day moving average of $9.24.

Institutional Trading of Gambling.com Group

Several large investors have recently made changes to their positions in the business. Quarry LP boosted its holdings in Gambling.com Group by 1,997.6% during the second quarter. Quarry LP now owns 12,019 shares of the company’s stock worth $99,000 after buying an additional 11,446 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in Gambling.com Group during the second quarter worth $115,000. MetLife Investment Management LLC boosted its holdings in Gambling.com Group by 111.2% during the third quarter. MetLife Investment Management LLC now owns 12,384 shares of the company’s stock worth $124,000 after buying an additional 6,519 shares in the last quarter. American Century Companies Inc. boosted its holdings in Gambling.com Group by 38.0% during the second quarter. American Century Companies Inc. now owns 15,523 shares of the company’s stock worth $128,000 after buying an additional 4,276 shares in the last quarter. Finally, Rhumbline Advisers boosted its holdings in Gambling.com Group by 29.8% during the second quarter. Rhumbline Advisers now owns 21,950 shares of the company’s stock worth $180,000 after buying an additional 5,043 shares in the last quarter. 72.26% of the stock is owned by hedge funds and other institutional investors.

Gambling.com Group Company Profile

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.