Amaya Inc. (NASDAQ:AYA) Receives Average Recommendation of “Buy” from Analysts
Shares of Amaya Inc. (NASDAQ:AYA) have received a consensus broker rating score of 2.00 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company. Amaya’s rating score has declined by 19.8% in the last three months as a result of a number of analysts’ ratings changes.
Analysts have set a twelve-month consensus price objective of $22.25 for the company and are expecting that the company will post $0.38 EPS for the current quarter, according to Zacks. Zacks has also assigned Amaya an industry rank of 56 out of 265 based on the ratings given to related companies.
Separately, Clarus Securities reissued a “hold” rating on shares of Amaya in a research note on Tuesday, August 16th.
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Amaya (NASDAQ:AYA) traded up 0.96% during mid-day trading on Wednesday, reaching $15.70. The company had a trading volume of 26,051 shares. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 33.19 and a beta of 1.95. Amaya has a 12-month low of $9.67 and a 12-month high of $26.35. The firm has a 50-day moving average price of $15.56 and a 200 day moving average price of $14.46.
Several institutional investors have recently modified their holdings of AYA. Caledonia Private Investments Pty Ltd increased its position in shares of Amaya by 19.0% in the first quarter. Caledonia Private Investments Pty Ltd now owns 13,210,997 shares of the company’s stock valued at $229,871,000 after buying an additional 2,108,422 shares during the period. Norges Bank purchased a new position in shares of Amaya during the fourth quarter valued at approximately $9,650,000. Credit Agricole S A increased its position in shares of Amaya by 7.1% in the first quarter. Credit Agricole S A now owns 475,244 shares of the company’s stock valued at $6,358,000 after buying an additional 31,497 shares during the period. Geode Capital Management LLC increased its position in shares of Amaya by 5.7% in the first quarter. Geode Capital Management LLC now owns 51,759 shares of the company’s stock valued at $693,000 after buying an additional 2,784 shares during the period. Finally, Barclays PLC purchased a new position in shares of Amaya during the first quarter valued at approximately $619,000. 52.12% of the stock is owned by hedge funds and other institutional investors.
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