Jonathan Thomas 
The cash offer is welcome news for bargain hunters who bought shares worth 30p in March, but long-term investors will be less impressed. Our summary is based in part on the fundamentals that the fair price is around PS24 per share, which is not very high at the current level. In anticipation of a DraftKings offer, we are advising existing investors to hold shares, analysts said.
Our sum of the parts-based fundamental fair price is PS24/share, not much higher than the current level.
Pending any news on the DraftKings bid, we recommend that existing investors hold the shares,” said the analyst.
The bid will be welcome news for bargain hunters who picked up shares below 30p in March, but longer-term investors may be less impressed.
In the company’s new report, Investec rates the stock as a buy, with a price target of $9, implying a 50 percent uptick from its closing price on September 28.
On October 2, 2006, 888 HoldingsThe cash offer is welcome news for bargain hunters who bought shares worth 30p in March, but long-term investors will be less impressed. Our summary is based in part on the fundamentals that the fair price is around PS24 per share, which is not very high at the current level. In anticipation of a DraftKings offer, we are advising existing investors to hold shares, analysts said.
Our sum of the parts-based fundamental fair price is PS24/share, not much higher than the current level.
Pending any news on the DraftKings bid, we recommend that existing investors hold the shares,” said the analyst.
The bid will be welcome news for bargain hunters who picked up shares below 30p in March, but longer-term investors may be less impressed.
In the company’s new report, Investec rates the stock as a buy, with a price target of $9, implying a 50 percent uptick from its closing price on September 28.
On October 2, 2006, 888 Holdings announced that it would terminate its business with US customers after the passage of the 2006 Unlawful Internet Gambling Enforcement Act by the US Congress three days earlier. At the end of March 2021, when 888 reported annual turnover on the London Stock Exchange, investors were surprised by the company’s significant growth over the past year, with the share price of 27.950 pence per share rising from its current value of 888 pence in March to 99.508 million pence. In 2014, it rejected an offer to take over the company for £700m.
In 2018, 888 Holdings expanded its American online poker business and became the sole owner of the American Poker Network. On January 24, 2019, the company appointed 17-year-old Chief Operating Officer Itai Pazner as Chief Executive Officer to replace Itai Friedberger who succeeded Brian Mattingley as CEO in 2015. The first company to grow stronger and stronger in recent years.
At its current price of $31.4, 888 Holdings shares are trading at $14.55 below their 200-day moving average. Read more about the power of dynamics in valuing stock price movements on Stockopedia. Shares in 88.8 Holdings are currently trading at a price of $33.78p, a move of 0.04k over the past 365 days.
The market value of 888 Holdings PLC is influenced by many factors that do not directly affect the underlying business such as the pandemic, underlying market pessimism, and the carrying amount that represents the value of EIHDF on the company’s balance sheet. They can analyze the stock against their peers and the financial markets as a whole to determine the factors that drive the share price. Note that there is a significant difference between the value of the 888 stocks and their price, as the two values are different metrics that are achieved by different means.
It is a share price that is listed on the London Stock Exchange and is part of the FTSE 250 index. Its price is 888 Holdings Value, which is traded on the open market and represents the number of sellers and buyers found by consensual parties.
Given the current short-term trend, the stock is expected to rise to $11.11 over the next three months, with a 90 percent probability of holding between $4.43 and $5.47 by the end of the period. The stock moves on average during the day and has a good trading volume, so there is a certain amount of risk to consider in the media. Ciaccia acknowledges that the shares are not cheap, but values the buyers at a price target of $25.4.
Acknowledging the shares are not cheap, Ciaccia rates the owner of the Betfair, PokerStars, and Sky Bet brands, among others, a “buy,” with a $254 price target.
Given the current short-term trend, the stock is expected to rise 11.11% during the next 3 months and, with a 90% probability hold a price between PS4.43 and PS5.47 at the end of this 3-month period.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium.
During the day, the share price of 888 Holdings PLC fluctuated between 29.8% from the daily low of PS4.03 and the daily high of PS41.05. Volume rose during the day, with 285 thousand shares losing value. The share price has fallen by 6% in the last 10 days and by 32.3% over the same period.
As price trends tend to persist, it is worth taking a look at the share price performance of 888 Holdings. At 3,784p, the shares are trading at a 22.95 percent discount to analysts’ consensus target of $49,111.
The PE ratio is the price-to-earnings ratio, which is calculated by dividing a company’s price per share by earnings per share. Generally speaking, a higher PE is a more expensive stock. To be successful, I have listed companies with a price-to-earnings ratio (PGV), because it is a ratio that measures the current share price to earnings per share (EPS).
The PE ratio, or price-to-earnings ratio, is one of the most popular measurements used by equity investors. The change in value between the period of open protest and settlement and the start of trading in the next few days is calculated as the difference between the last trade and the previous days. The change in value from other periods is calculated by the difference between the last transactions and the most recent settlement.
Please be aware of the risks and costs associated with trading on the financial markets, as this is one of the riskiest investments in any form. AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420), and AJ Bell Asset Management Limited (company number 09742568) are registered in England and Wales at 4 Exchange Quays, Salford Quays, Manchester, M5 3EE. Click here to register on advfn for free, the world’s leading equity information website, which provides retail investors with the latest high-tech trading tools, live price data streaming, and share prices of key Level 2 data from around the world.
The Company’s segments include B2C (Business-to-Customer) and B2B (Business to Business). The business areas of Companys are Business to Customer, Business to Business, and Business to All.
Shareholders in 888 Holdings plc are celebrating in the streets after the company’s share price hit a record high last month and has risen 22.7% in the past year. Shareholders were rewarded with a 6% increase in the interim dividend and a special dividend of 28 cents per share. As a result, pre-tax profits are up by more than 50% and the company is sitting on cash of PS345 million. announced that it would terminate its business with US customers after the passage of the 2006 Unlawful Internet Gambling Enforcement Act by the US Congress three days earlier. At the end of March 2021, when 888 reported annual turnover on the London Stock Exchange, investors were surprised by the company’s significant growth over the past year, with the share price of 27.950 pence per share rising from its current value of 888 pence in March to 99.508 million pence. In 2014, it rejected an offer to take over the company for £700m.
In 2018, 888 Holdings expanded its American online poker business and became the sole owner of the American Poker Network. On January 24, 2019, the company appointed 17-year-old Chief Operating Officer Itai Pazner as Chief Executive Officer to replace Itai Friedberger who succeeded Brian Mattingley as CEO in 2015. The first company to grow stronger and stronger in recent years.
At its current price of $31.4, 888 Holdings shares are trading at $14.55 below their 200-day moving average. Read more about the power of dynamics in valuing stock price movements on Stockopedia. Shares in 88.8 Holdings are currently trading at a price of $33.78p, a move of 0.04k over the past 365 days.
The market value of 888 Holdings PLC is influenced by many factors that do not directly affect the underlying business such as the pandemic, underlying market pessimism and the carrying amount that represents the value of EIHDF on the company’s balance sheet. They can analyze the stock against their peers and the financial markets as a whole to determine the factors that drive the share price. Note that there is a significant difference between the value of the 888 stocks and their price, as the two values are different metrics that are achieved by different means.
It is a share price that is listed on the London Stock Exchange and is part of the FTSE 250 index. Its price is 888 Holdings Value, which is traded on the open market and represents the number of sellers and buyers found by consensual parties.
Given the current short-term trend, the stock is expected to rise to $11.11 over the next three months, with a 90 percent probability of holding between $4.43 and $5.47 by the end of the period. The stock moves on average during the day and has a good trading volume, so there is a certain amount of risk to consider in the media. Ciaccia acknowledges that the shares are not cheap, but values the buyers at a price target of $25.4.
Acknowledging the shares are not cheap, Ciaccia rates the owner of the Betfair, PokerStars, and Sky Bet brands, among others, a “buy,” with a $254 price target.
Given the current short-term trend, the stock is expected to rise 11.11% during the next 3 months and, with a 90% probability hold a price between PS4.43 and PS5.47 at the end of this 3-month period.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium.
During the day, the share price of 888 Holdings PLC fluctuated between 29.8% from the daily low of PS4.03 and the daily high of PS41.05. Volume rose during the day, with 285 thousand shares losing value. The share price has fallen by 6% in the last 10 days and by 32.3% over the same period.
As price trends tend to persist, it is worth taking a look at the share price performance of 888 Holdings. At 3,784p, the shares are trading at a 22.95 per cent discount to analysts’ consensus target of $49,111.
The PE ratio is the price-to-earnings ratio, which is calculated by dividing a company’s price per share by earnings per share. Generally speaking, a higher PE is a more expensive stock. To be successful, I have listed companies with a price-to-earnings ratio (PGV), because it is a ratio that measures the current share price to earnings per share (EPS).
The PE ratio, or price-to-earnings ratio, is one of the most popular measurements used by equity investors. The change in value between the period of open protest and settlement and the start of trading in the next few days is calculated as the difference between the last trade and the previous days. The change in value from other periods is calculated by the difference between the last transactions and the most recent settlement.
Please be aware of the risks and costs associated with trading on the financial markets, as this is one of the riskiest investments in any form. AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are registered in England and Wales at 4 Exchange Quays, Salford Quays, Manchester, M5 3EE. Click here to register on advfn for free, the world’s leading equity information website, which provides retail investors with the latest high-tech trading tools, live price data streaming and share prices of key Level 2 data from around the world.
The Companys segments include B2C (Business-to-Customer) and B2B (Business to Business). The business areas of Companys are Business to Customer, Business to Business and Business to All.
Shareholders in 888 Holdings plc are celebrating in the streets after the company’s share price hit a record high last month and has risen 22.7% in the past year. Shareholders were rewarded with a 6% increase in the interim dividend and a special dividend of 28 cents per share. As a result, pre-tax profits are up by more than 50% and the company is sitting on cash of PS345 million.
