Research Analysts Set Expectations for Amaya Inc’s FY2018 Earnings (AYA)
Amaya Inc (NYSE:AYA) – Cantor Fitzgerald dropped their FY2018 earnings per share (EPS) estimates for shares of Amaya in a research report issued to clients and investors on Monday. Cantor Fitzgerald analyst R. Garcea now anticipates that the brokerage will post earnings of $2.57 per share for the year, down from their previous forecast of $2.64.
Separately, Zacks Investment Research raised shares of Amaya from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Tuesday, August 16th.
Shares of Amaya (NYSE:AYA) traded down 2.28% during midday trading on Thursday, hitting $15.87. The stock had a trading volume of 229,981 shares. Amaya has a 52 week low of $9.67 and a 52 week high of $23.97. The stock’s 50-day moving average price is $15.86 and its 200 day moving average price is $14.73. The company has a market cap of $2.30 billion and a price-to-earnings ratio of 33.55.
Amaya (NYSE:AYA) last issued its quarterly earnings data on Friday, August 12th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.12. The firm had revenue of $285.94 million for the quarter, compared to the consensus estimate of $259.50 million. During the same quarter in the prior year, the firm earned $0.36 EPS. The company’s revenue was up 10.2% on a year-over-year basis.
A hedge fund recently bought a new stake in Amaya stock. GLG LLC purchased a new stake in shares of Amaya Inc (NYSE:AYA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,595 shares of the company’s stock, valued at approximately $1,322,000. GLG LLC owned 0.06% of Amaya as of its most recent SEC filing.
Receive News & Ratings for Amaya Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amaya Inc and related companies with MarketBeat.com's FREE daily email newsletter.