Equities Analysts Offer Predictions for BRAG FY2025 Earnings

Bragg Gaming Group Inc. (NASDAQ:BRAG) – Equities research analysts at Cormark lifted their FY2025 earnings estimates for Bragg Gaming Group in a research note issued on Thursday, January 30th. Cormark analyst D. Mcfadgen now forecasts that the company will earn $0.03 per share for the year, up from their previous forecast of ($0.06). The consensus estimate for Bragg Gaming Group’s current full-year earnings is ($0.14) per share. Cormark also issued estimates for Bragg Gaming Group’s FY2026 earnings at $0.09 EPS.

Separately, JMP Securities dropped their price objective on shares of Bragg Gaming Group from $6.00 to $5.00 and set a “market outperform” rating for the company in a report on Monday, January 6th.

Bragg Gaming Group Stock Down 0.8 %

Shares of Bragg Gaming Group stock opened at $4.93 on Monday. The firm’s 50-day moving average price is $3.73 and its two-hundred day moving average price is $4.47. Bragg Gaming Group has a 12-month low of $2.86 and a 12-month high of $7.00. The company has a market capitalization of $123.45 million, a price-to-earnings ratio of -20.54 and a beta of 0.73.

Institutional Trading of Bragg Gaming Group

Several institutional investors and hedge funds have recently made changes to their positions in BRAG. Renaissance Technologies LLC raised its holdings in shares of Bragg Gaming Group by 40.7% in the second quarter. Renaissance Technologies LLC now owns 124,700 shares of the company’s stock valued at $720,000 after purchasing an additional 36,100 shares during the last quarter. Dimensional Fund Advisors LP purchased a new position in shares of Bragg Gaming Group in the second quarter worth about $200,000. Finally, Marshall Wace LLP purchased a new position in shares of Bragg Gaming Group in the second quarter worth about $77,000. Hedge funds and other institutional investors own 4.04% of the company’s stock.

Bragg Gaming Group Company Profile

Bragg Gaming Group Inc provides business to business online gaming technology platform and casino content aggregator worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides player account management platform, a multi-channel and cross-product that enables operators to manage the entire product suite using one shared account and one wallet for casino, lottery, sportsbook, and other operations; and Fuze, a single integrated platform that delivers third party gaming content.