FY2018 EPS Estimates for Amaya Inc (AYA) Lowered by Analyst
Amaya Inc (NYSE:AYA) – Investment analysts at Cantor Fitzgerald reduced their FY2018 earnings estimates for shares of Amaya in a note issued to investors on Monday. Cantor Fitzgerald analyst R. Garcea now forecasts that the brokerage will earn $2.57 per share for the year, down from their prior forecast of $2.64.
Separately, Zacks Investment Research upgraded Amaya from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Tuesday, June 28th.
Shares of Amaya (NYSE:AYA) traded down 2.28% during trading on Thursday, hitting $15.87. The stock had a trading volume of 229,981 shares. The stock’s 50-day moving average price is $15.87 and its 200-day moving average price is $14.76. The company has a market cap of $2.30 billion and a P/E ratio of 33.55. Amaya has a one year low of $9.67 and a one year high of $23.97.
Amaya (NYSE:AYA) last announced its quarterly earnings data on Friday, August 12th. The company reported $0.46 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.12. The company had revenue of $285.94 million for the quarter, compared to analyst estimates of $259.50 million. During the same period in the prior year, the firm posted $0.36 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year.
An institutional investor recently bought a new position in Amaya stock. GLG LLC acquired a new stake in Amaya Inc (NYSE:AYA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 86,595 shares of the company’s stock, valued at approximately $1,322,000. GLG LLC owned about 0.06% of Amaya as of its most recent filing with the SEC.
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