How to Buy Gamblingcom Group Stock
Gamblingcom Group Ltd
Gambling. com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting.
Gamblingcom Group stock last closed at $10.16, up 0.3% from the previous day, and has increased 23.9% in one year. It has overperformed other stocks in the Gambling industry by 0.2 percentage points. Gamblingcom Group stock is currently +53.47% from its 52-week low of $6.62, and -5.14% from its 52-week high of $10.71.
At the moment, there are 36.47M shares of GAMB outstanding. The market capitalization of GAMB is $370.54M. In the last 24 hours, 35,670 GAMB shares were traded.
How to Buy Gamblingcom Group Stock
Not sure how to invest in Gamblingcom Group stock? Here's how.
- Figure out where to buy Gamblingcom Group stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you choose where to buy Gamblingcom Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your info.
- Evaluate Gamblingcom Group stock: The Gamblingcom Group ticker symbol is GAMB. Is Gamblingcom Group stock a good investment? Should you buy shares of GAMB? How do GAMB's underlying business fundamentals look? Do top analysts think Gamblingcom Group is a good buy? Why has GAMB's stock price moved recently? (Hint: Our stock research tools can help you decide if GAMB is a good stock to buy).
- Execute your GAMB purchase: Decide if you will purchase GAMB shares at the current market price or use a limit order to purchase GAMB shares at a specific price.
- Monitor your investment in GAMB: Create a watchlist to important notifications about your investment in Gamblingcom Group stock.
Step 1: Figure out where to buy Gamblingcom Group stock
You need an online brokerage account in order to access the NASDAQ market and buy GAMB stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you can buy GAMB stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.
- Input your personal details to start your new brokerage account.
- Submit your data by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have filled out your info on the best stock market app, you need to deposit funds:
Watch this video walkthrough if you need help depositing funds into your investment account.
Step 4: Evaluate Gamblingcom Group stock
After you have chosen the best place to buy Gamblingcom Group stock, it's crucial to research their stock prior to investing, so you truly wrap your head around the risk and opportunity.
Gamblingcom Group quick stats
Gamblingcom Group Overview
WallStreetZen was created to help everyday investors perform better fundamental analysis.
You can see all of the due diligence checks on GAMB's stock page.
Is GAMB stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GAMB's true value.
Using relative valuations methods:
- GAMB may be overvalued based on its P/E ratio of 84.67x, relative to Gambling industry P/E ratio of 4.51x
- GAMB could be undervalued based on its P/B ratio of 3.86x, relative to Gambling industry P/B ratio of 8.33x
You can access more valuation research on GAMB's stock here.
A look at GAMB Cashflows and Balance Sheet
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the GAMB balance sheet.
- GAMB's operating cash flow of $22.35M allows it to safely service it's debt of $1.99M.
- There are more short-term assets than long-term liabilities on the GAMB balance sheet.
Failed Health Checks:
- GAMB profit margin has gone down from 24.8% to 5.4% in the past year.
- GAMB has a relatively high debt to equity ratio of 0.54.
- GAMB earnings of $7.35M is not sufficient to cover its interest payments.
Do Wall Street analysts think it's a good time to buy Gamblingcom Group stock
Out of 2 Equities analysts who give ratings on GAMB, the consensus analyst rating on GAMB is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest GAMB Analyst Recommendations
David Katz, a top 14% analyst from Jefferies maintains GAMB with a strong buy rating and raises their GAMB price target from $14.00 to $15.00, on May 19, 2023.
Maintaining his Strong Buy rating, Katz raised his price target on Gambling.com Group Limited by 7.1% following the release of the company's Q1 2023 earnings report 2023/05/18.
The analyst characterized the print's in-line results and management's "slightly increased" guidance as "modestly positive for the shares."
Although the filing to sell stock presents a modest near-term overhang, it provides the shares with improved liquidity longer term, a positive, Katz said.
The stock is up 7.4% YTD against the S&P 500's 8.3% gain.
For Q1 2023, Gambling.com Group reported:
- EPS of $0.20, which beat the Zacks Consensus Estimate of $0.17 and, by 66.7%, Q1 2022's $0.12.
- Revenue of $26.69M, which missed the Zacks Consensus Estimate by 0.03% but beat Q1 2022's $19.59M by 36.2%.
- Adjusted EBITDA of 10.67M, up 48.2% from Q1 2022's 7.2M.
- Adjusted EBITDA Margin of 40%, up from Q1 2022's 37%.
- Cash flow from operating activities of $7.08M, up 97.2% from Q1 2022's $3.59M.
- Free Cash Flow of 6.2M, up 352% from Q1 2022's $1.37M.
For FY 2023, management guided:
- Revenue of $95M to $99M, representing, at the midpoint, Y/Y growth of 27%.
- Adjusted EBITDA of $33M to $37M, representing, at the midpoint, Y/Y growth of 45%.
Co-Founder & CEO Charles Gillespie commented: “Our record Q1 results exceeded internal forecasts and reflect industry-leading organic revenue growth as well as strong profitability and cash generation.
"Our performance in the first quarter demonstrates both Gambling.com Group’s successful execution of our North American growth initiatives and our success in generating ongoing attractive growth in more established markets.
"New depositing customers ("NDCs") increased 31% Y/Y
“We have established a record of consistently delivering market-leading organic revenue growth compared to our publicly-traded peers, as well as strong Adjusted EBITDA and Free Cash Flow.
"The advantages of our proprietary technology are a key factor driving our consistent growth in established markets and our success in addressing the high-growth North American market opportunity
"Following the strong start to the year, we are raising our outlook for 2023 full-year revenue and Adjusted EBITDA as we remain on track to deliver another year of strong profitable organic growth and record financial results.”
Ryan Sigdahl, a top 3% analyst from Craig-Hallum initiates coverage on GAMB with a buy rating and announces their GAMB price target of $15.00, on Mar 29, 2023.
You can dive deeper into what analysts are projecting on the Gamblingcom Group stock forecast page.
Metrics for Advanced GAMB Traders
GAMB Growth Numbers
Last year, GAMB earnings were $4.50M. During the past 2 year, GAMB's earnings have increased by -52.42% per year. This was slower than the Gambling industry average of 126.15%.
Last year, GAMB revenue was $83.61M. In the past 2 year, GAMB's revenue has gone up by 53.58% per year. This was slower than the Gambling industry average of 82.91%.
Learn more about GAMB's earnings and revenue performance here.
Are GAMB insiders buying or selling the stock?
In the last year, executives and large shareholders at GAMB have not bought or sold any shares.
Learn more about who owns GAMB shares here.
Does GAMB stock generate passive income?
No, Gamblingcom Group doesn't provide an income stream by paying out dividends.
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Step 5: Execute your GAMB purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Hit the Open button and your broker will execute your order.
If you require more help investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your investment in GAMB
Now that you own some GAMB stock, you'll want to stay up-to-date on your shares.
Put GAMB on a watchlist to see the latest developments about your GAMB stock.
GAMB Feed
How to Buy Stock in Gamblingcom Group
To reiterate, here are the 6 steps you need to take to buy Gamblingcom Group stock right now:
- Figure out where to buy Gamblingcom Group stock
- Open a brokerage account
- Deposit money your investment account
- Evaluate Gamblingcom Group stock
- Execute your GAMB purchase
- Monitor your investment in GAMB
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Gamblingcom Group, add GAMB to your watchlist below.
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