Zacks: Amaya Inc. (AYA) Receives Consensus Rating of “Buy” from Analysts
Shares of Amaya Inc. (NASDAQ:AYA) have been given a consensus broker rating score of 2.00 (Buy) from the four brokers that cover the stock, Zacks Investment Research reports. Two investment 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% from three months ago as a result of a number of analysts’ ratings changes.
Brokers have set a 1 year consensus price objective of $22.55 for the company and are forecasting that the company will post $0.38 earnings per share for the current quarter, according to Zacks. Zacks has also given Amaya an industry rank of 91 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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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caledonia Private Investments Pty Ltd increased its position in 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 last quarter. Geode Capital Management LLC increased its position in 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 last quarter. Credit Agricole S A increased its position in 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 last quarter. Landscape Capital Management L.L.C. acquired a new position in Amaya during the first quarter valued at $369,000. Finally, Barclays PLC acquired a new position in Amaya during the first quarter valued at $619,000. Hedge funds and other institutional investors own 52.12% of the company’s stock.
Shares of Amaya (NASDAQ:AYA) traded down 1.40% during mid-day trading on Wednesday, hitting $14.04. 223,251 shares of the company traded hands. Amaya has a one year low of $9.67 and a one year high of $23.97. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 29.68 and a beta of 1.92. The firm has a 50-day moving average of $15.85 and a 200-day moving average of $14.80.
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