Amaya Inc to Post FY2016 Earnings of $2.43 Per Share, Cormark Forecasts (AYA)
Amaya Inc (TSE:AYA) – Investment analysts at Cormark lifted their FY2016 earnings estimates for Amaya in a report released on Tuesday. Cormark analyst D. Mcfadgen now expects that the brokerage will post earnings per share of $2.43 for the year, up from their previous forecast of $2.38.
Separately, Dundee Securities lowered their target price on Amaya from C$26.00 to C$24.00 and set a “buy” rating on the stock in a research report on Tuesday, August 16th.
Amaya (TSE:AYA) traded up 0.80% during trading on Wednesday, hitting $22.79. The stock had a trading volume of 268,187 shares. The company has a 50-day moving average of $20.72 and a 200 day moving average of $19.07. The firm has a market cap of $3.30 billion and a P/E ratio of 48.18. Amaya has a 52-week low of $13.71 and a 52-week high of $31.75.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/12/amaya-inc-to-post-fy2016-earnings-of-2-43-per-share-cormark-forecasts-aya.html
Amaya Inc is a Canada-based provider of technology-based products and services in the global gaming and interactive entertainment industries. The Company’s business-to-consumer (B2C) business consists of the operations of Amaya Group Holding (IOM) Limited and its subsidiaries (collectively Rational Group).
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.