Amaya Inc (TSE:AYA) (NYSE:AYA) – Cormark lifted their FY2017 earnings estimates for Amaya in a research report issued to clients and investors on Thursday. Cormark analyst D. Mcfadgen now expects that the firm will earn $2.77 per share for the year, up from their previous forecast of $2.46. Cormark also issued estimates for Amaya’s FY2018 earnings at $2.88 EPS.
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A number of other brokerages also recently commented on AYA. Canaccord Genuity decreased their target price on Amaya from C$42.00 to C$28.00 and set a “buy” rating for the company in a report on Wednesday, December 21st. Desjardins upped their target price on Amaya to C$24.50 and gave the company a “hold” rating in a report on Thursday, March 23rd.
Amaya (TSE:AYA) opened at 22.49 on Monday. Amaya has a 12-month low of $14.87 and a 12-month high of $23.41. The firm’s 50-day moving average is $19.71 and its 200-day moving average is $19.44. The stock has a market capitalization of $4.50 billion and a P/E ratio of 32.13.
In related news, Director Daniel Yaacov Sebag sold 89,800 shares of the company’s stock in a transaction that occurred on Friday, March 24th. The stock was sold at an average price of C$22.70, for a total transaction of C$2,038,460.00.
Amaya Company Profile
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).
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