Amaya Inc (AYA) Given Average Rating of “Buy” by Analysts
Amaya Inc (NYSE:AYA) has received a consensus broker rating score of 2.00 (Buy) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. Amaya’s rating score has declined by 19.8% in the last three months as a result of various analysts’ ratings changes.
Brokers have set a 1 year consensus target price of $22.55 for the company and are anticipating that the company will post $0.38 EPS for the current quarter, according to Zacks. Zacks has also given Amaya an industry rank of 81 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered shares of Amaya from a “buy” rating to a “hold” rating in a report on Tuesday, July 19th.
A hedge fund recently raised its stake in Amaya stock. Springowl Associates LLC raised its position in Amaya Inc (NYSE:AYA) by 978.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,132,818 shares of the company’s stock after buying an additional 1,027,818 shares during the period. Amaya makes up approximately 55.2% of Springowl Associates LLC’s investment portfolio, making the stock its largest position. Springowl Associates LLC owned about 0.78% of Amaya worth $17,366,000 at the end of the most recent quarter.
Amaya (NYSE:AYA) traded down 1.66% during trading on Friday, reaching $15.97. The company had a trading volume of 100,451 shares. Amaya has a one year low of $9.67 and a one year high of $23.97. The company has a 50-day moving average price of $15.86 and a 200 day moving average price of $14.73. The company has a market capitalization of $2.31 billion and a price-to-earnings ratio of 33.76.
Amaya (NYSE:AYA) last announced its quarterly earnings data on Friday, August 12th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.12. The company had revenue of $285.94 million for the quarter, compared to analyst estimates of $259.50 million. During the same quarter in the prior year, the company posted $0.36 EPS. Amaya’s revenue for the quarter was up 10.2% on a year-over-year basis. Analysts expect that Amaya will post $1.72 earnings per share for the current year.
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