Amaya (NASDAQ:TSG) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Monday, December 18th.
Separately, Zacks Investment Research upgraded shares of Amaya from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a research report on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $27.33.
Shares of Amaya (TSG) traded up $0.30 on Monday, reaching $23.55. 235,418 shares of the company’s stock were exchanged, compared to its average volume of 160,012. The stock has a market capitalization of $3,429.64, a PE ratio of 18.40 and a beta of 2.11. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.46. Amaya has a twelve month low of $13.24 and a twelve month high of $24.00.
Amaya (NASDAQ:TSG) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.08. Amaya had a net margin of 20.34% and a return on equity of 23.77%. The firm had revenue of $329.44 million for the quarter, compared to analysts’ expectations of $317.24 million. During the same quarter in the prior year, the company posted $0.42 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. sell-side analysts forecast that Amaya will post 2.27 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc grew its stake in Amaya by 4.0% during the second quarter. Legal & General Group Plc now owns 15,368 shares of the company’s stock valued at $274,000 after acquiring an additional 594 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Amaya by 12.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,322 shares of the company’s stock worth $184,000 after buying an additional 1,170 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Amaya by 8.6% in the 2nd quarter. Great West Life Assurance Co. Can now owns 21,219 shares of the company’s stock worth $376,000 after buying an additional 1,675 shares in the last quarter. Global Endowment Management LP grew its stake in shares of Amaya by 16.5% in the 2nd quarter. Global Endowment Management LP now owns 23,990 shares of the company’s stock worth $429,000 after buying an additional 3,400 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Amaya by 98.2% in the 2nd quarter. Van ECK Associates Corp now owns 16,226 shares of the company’s stock worth $290,000 after buying an additional 8,039 shares in the last quarter. 61.27% of the stock is owned by institutional investors.
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