Bragg Gaming Group Stock Analysis
| BRAG Stock | USD 6.04 0.13 2.11% |
Bragg Gaming Group is undervalued with Real Value of 7.42 and Target Price of 11.64. The main objective of Bragg Gaming stock analysis is to determine its intrinsic value, which is an estimate of what Bragg Gaming Group is worth, separate from its market price. There are two main types of Bragg Gaming's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Bragg Gaming's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Bragg Gaming's stock to identify patterns and trends that may indicate its future price movements.
The Bragg Gaming stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Bragg Gaming is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Bragg Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Bragg Gaming's ongoing operational relationships across important fundamental and technical indicators.
Bragg |
Bragg Stock Analysis Notes
About 23.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.8. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bragg Gaming Group recorded a loss per share of 0.18. The entity last dividend was issued on the 20th of April 2017. The firm had 1:10 split on the 5th of May 2021. Bragg Gaming Group Inc. operates as a technology and content supplier to the gaming industry worldwide. The company also holds various content distribution rights through partnerships with selected third-party studios. Bragg Gaming operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 388 people. For more info on Bragg Gaming Group please contact Matevz Mazij at (647) 800-2282 or go to https://www.bragg.games.Bragg Gaming Quarterly Total Revenue |
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Bragg Gaming Group Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Bragg Gaming's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Bragg Gaming Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Bragg Gaming Group appears to be risky and price may revert if volatility continues | |
| The company currently holds 6.17 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Bragg Gaming Group has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Bragg Gaming until it has trouble settling it off, either with new capital or with free cash flow. So, Bragg Gaming's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bragg Gaming Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bragg to invest in growth at high rates of return. When we think about Bragg Gaming's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 93.28 M. Net Loss for the year was (3.83 M) with profit before overhead, payroll, taxes, and interest of 45.08 M. | |
| Bragg Gaming Group has a poor financial position based on the latest SEC disclosures | |
| About 23.0% of Bragg Gaming shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Estimating The Fair Value Of Bragg Gaming Group Inc. |
Bragg Gaming Group Upcoming and Recent Events
Earnings reports are used by Bragg Gaming to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bragg Gaming previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 19th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 19th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Bragg Largest EPS Surprises
Earnings surprises can significantly impact Bragg Gaming's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-10 | 2023-06-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2023-05-10 | 2023-03-31 | -0.05 | -0.03 | 0.02 | 40 | ||
2023-03-21 | 2022-12-31 | -0.06 | -0.04 | 0.02 | 33 |
Bragg Gaming Thematic Classifications
In addition to having Bragg Gaming stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Video GamesEquities that are involved in video gaming space |
Bragg Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bragg Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bragg Gaming Group backward and forwards among themselves. Bragg Gaming's institutional investor refers to the entity that pools money to purchase Bragg Gaming's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Oasis Management Co. Ltd | 2023-12-31 | 16.1 K | Group One Trading, Lp | 2023-12-31 | 14.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 8.1 K | Citadel Advisors Llc | 2023-09-30 | 7.9 K | Penderfund Capital Management Ltd | 2023-12-31 | 4.8 K | Advisor Group Holdings, Inc. | 2023-12-31 | 650 | Ubs Group Ag | 2023-12-31 | 450 | Bank Of America Corp | 2023-12-31 | 300 | Barclays Plc | 2023-12-31 | 200 | Royce & Associates, Lp | 2023-12-31 | 334 K | Toron Capital Markets Inc | 2023-12-31 | 128.9 K |
Bragg Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 141.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bragg Gaming's market, we take the total number of its shares issued and multiply it by Bragg Gaming's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Bragg Profitablity
Bragg Gaming's profitability indicators refer to fundamental financial ratios that showcase Bragg Gaming's ability to generate income relative to its revenue or operating costs. If, let's say, Bragg Gaming is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Bragg Gaming's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Bragg Gaming's profitability requires more research than a typical breakdown of Bragg Gaming's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.12) | (0.12) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.05) | (0.06) |
Management Efficiency
The current Return On Tangible Assets is estimated to decrease to -0.12. The current Return On Capital Employed is estimated to decrease to -0.01. At this time, Bragg Gaming's Non Current Assets Total are most likely to increase significantly in the upcoming years. The Bragg Gaming's current Other Current Assets is estimated to increase to about 1.7 M, while Other Assets are projected to decrease to 0.95. Bragg Gaming's management efficiency ratios could be used to measure how well Bragg Gaming manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.09 | 2.94 | |
| Net Current Asset Value | 2.4 M | 2.6 M | |
| Tangible Asset Value | 2.5 M | 2.7 M | |
| Tangible Book Value Per Share | 0 | 0 | |
| Enterprise Value Over EBITDA | 12.22 | 8.73 | |
| Price Book Value Ratio | 2.16 | 1.94 | |
| Enterprise Value Multiple | 12.22 | 8.73 | |
| Price Fair Value | 2.16 | 1.94 | |
| Enterprise Value | 148.5 M | 155.9 M |
The analysis of Bragg Gaming's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Bragg Gaming's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Bragg Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.882 |
Technical Drivers
As of the 23rd of April, Bragg Gaming shows the mean deviation of 2.67, and Risk Adjusted Performance of 0.0752. Bragg Gaming Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Bragg Gaming Group, which can be compared to its peers. Please confirm Bragg Gaming Group jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Bragg Gaming Group is priced correctly, providing market reflects its regular price of 6.04 per share. Given that Bragg Gaming has jensen alpha of 0.2613, we suggest you to validate Bragg Gaming Group's prevailing market performance to make sure the company can sustain itself at a future point.Bragg Gaming Group Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bragg Gaming middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bragg Gaming Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Bragg Gaming Predictive Daily Indicators
Bragg Gaming intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bragg Gaming stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 3825.11 | |||
| Daily Balance Of Power | (0.41) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 6.18 | |||
| Day Typical Price | 6.13 | |||
| Price Action Indicator | (0.20) | |||
| Period Momentum Indicator | (0.13) |
Bragg Gaming Corporate Filings
6K | 22nd of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 8th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 26th of March 2024 Other Reports | ViewVerify | |
6K | 25th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 7th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 22nd of February 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 21st of December 2023 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 21st of November 2023 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Bragg Gaming Forecast Models
Bragg Gaming's time-series forecasting models are one of many Bragg Gaming's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bragg Gaming's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Bragg Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Bragg Gaming prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bragg shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bragg Gaming. By using and applying Bragg Stock analysis, traders can create a robust methodology for identifying Bragg entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.03) | (0.03) | |
| Operating Profit Margin | (0.01) | (0.01) | |
| Net Loss | (0.04) | (0.04) | |
| Gross Profit Margin | 0.39 | 0.55 |
Current Bragg Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bragg analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bragg analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 11.64 | Strong Buy | 7 | Odds |
Most Bragg analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bragg stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bragg Gaming Group, talking to its executives and customers, or listening to Bragg conference calls.
Bragg Stock Analysis Indicators
Bragg Gaming Group stock analysis indicators help investors evaluate how Bragg Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bragg Gaming shares will generate the highest return on investment. By understating and applying Bragg Gaming stock analysis, traders can identify Bragg Gaming position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 11.3 M | |
| Common Stock Shares Outstanding | 22.6 M | |
| Total Stockholder Equity | 69.9 M | |
| Tax Provision | 910 K | |
| Quarterly Earnings Growth Y O Y | 3.095 | |
| Property Plant And Equipment Net | 3.9 M | |
| Cash And Short Term Investments | 8.8 M | |
| Cash | 8.8 M | |
| Accounts Payable | 7.5 M | |
| Net Debt | -2.6 M | |
| 50 Day M A | 5.6291 | |
| Total Current Liabilities | 27.8 M | |
| Other Operating Expenses | 94.2 M | |
| Non Current Assets Total | 74 M | |
| Forward Price Earnings | 126.5823 | |
| Non Currrent Assets Other | 45.5 K | |
| Stock Based Compensation | 2.1 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Bragg Gaming Group information on this page should be used as a complementary analysis to other Bragg Gaming's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Bragg Stock analysis
When running Bragg Gaming's price analysis, check to measure Bragg Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bragg Gaming is operating at the current time. Most of Bragg Gaming's value examination focuses on studying past and present price action to predict the probability of Bragg Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bragg Gaming's price. Additionally, you may evaluate how the addition of Bragg Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Bragg Gaming's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bragg Gaming. If investors know Bragg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bragg Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.095 | Earnings Share (0.18) | Revenue Per Share 4.138 | Quarterly Revenue Growth (0.01) | Return On Assets (0.01) |
The market value of Bragg Gaming Group is measured differently than its book value, which is the value of Bragg that is recorded on the company's balance sheet. Investors also form their own opinion of Bragg Gaming's value that differs from its market value or its book value, called intrinsic value, which is Bragg Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bragg Gaming's market value can be influenced by many factors that don't directly affect Bragg Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bragg Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bragg Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bragg Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.