Brightstar Lottery (NYSE:BRSL – Get Free Report) has been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $14.77.
Several analysts have recently issued reports on BRSL shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Brightstar Lottery in a research report on Tuesday, October 6th. Stifel Nicolaus set a $19.00 price target on Brightstar Lottery in a research note on Friday, September 25th. Jefferies Financial Group raised Brightstar Lottery from a “hold” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $16.00 in a report on Thursday, August 13th. Truist Financial lowered their price objective on Brightstar Lottery from $13.00 to $11.00 and set a “hold” rating for the company in a research report on Tuesday, October 20th. Finally, Wall Street Zen downgraded Brightstar Lottery from a “hold” rating to a “sell” rating in a report on Saturday, August 15th.
View Our Latest Research Report on BRSL
Hedge Funds Weigh In On Brightstar Lottery
Several hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Brightstar Lottery by 16.5% in the second quarter. BlackRock Inc. now owns 6,785,934 shares of the company’s stock valued at $72,745,000 after purchasing an additional 961,306 shares during the period. Royce & Associates LP lifted its stake in shares of Brightstar Lottery by 370.4% in the third quarter. Royce & Associates LP now owns 1,031,270 shares of the company’s stock valued at $10,302,000 after purchasing an additional 812,040 shares during the period. Bank of America Corp DE boosted its holdings in Brightstar Lottery by 17.3% during the first quarter. Bank of America Corp DE now owns 1,031,022 shares of the company’s stock worth $13,135,000 after buying an additional 151,839 shares in the last quarter. Deutsche Bank AG boosted its holdings in Brightstar Lottery by 1.0% during the second quarter. Deutsche Bank AG now owns 854,803 shares of the company’s stock worth $9,163,000 after buying an additional 8,479 shares in the last quarter. Finally, Orvieto Partners L.P. grew its position in Brightstar Lottery by 2.0% during the first quarter. Orvieto Partners L.P. now owns 753,596 shares of the company’s stock worth $9,601,000 after buying an additional 15,000 shares during the period. 44.33% of the stock is currently owned by hedge funds and other institutional investors.
Brightstar Lottery News Roundup
Here are the key news stories impacting Brightstar Lottery this week:
- Positive Sentiment: Third-quarter EPS of $0.10 topped the $0.02 consensus estimate. Brightstar also reported 4% expansion in operational growth drivers, led by global product sales and service revenue. Earnings results
- Positive Sentiment: The company declared a quarterly dividend of $0.23 per share, payable December 8 to shareholders of record November 24. It also said it had deployed more than $200 million on dividends and share repurchases year to date. Third-quarter results and dividend announcement
- Neutral Sentiment: Adjusted EBITDA was $289 million, in line with expectations, and Brightstar maintained its cash-from-operations outlook. Third-quarter results
- Negative Sentiment: Brightstar lowered its 2026 revenue outlook to $2.4 billion–$2.5 billion, below the roughly $2.5 billion analyst consensus. Third-quarter revenue was $607 million, and reports said profit fell 53%; higher non-cash service-revenue amortization weighed on reported results. The outlook cut and weaker headline results appear to have outweighed the EPS beat. Outlook and profit report Revenue and guidance report
Brightstar Lottery Trading Down 3.5%
Shares of Brightstar Lottery stock opened at $9.66 on Wednesday. The stock has a market cap of $1.80 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 4.09 and a beta of 1.15. The firm has a fifty day moving average price of $10.08 and a 200 day moving average price of $11.51. The company has a debt-to-equity ratio of 2.16, a current ratio of 1.10 and a quick ratio of 1.00. Brightstar Lottery has a 1 year low of $9.10 and a 1 year high of $17.11.
Brightstar Lottery (NYSE:BRSL – Get Free Report) last posted its earnings results on Tuesday, November 10th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.02 by $0.08. Brightstar Lottery had a return on equity of 10.47% and a net margin of 10.05%. The firm had revenue of $607.00 million for the quarter. Equities research analysts predict that Brightstar Lottery will post 0.35 earnings per share for the current year.
Brightstar Lottery Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 8th. Investors of record on Tuesday, November 24th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 9.5%. The ex-dividend date of this dividend is Tuesday, November 24th. Brightstar Lottery’s dividend payout ratio is 70.77%.
Brightstar Lottery Company Profile
Brightstar Lottery provides technology and services to government-sponsored and authorized lotteries. Its offerings include lottery systems and retail terminals, draw-based and instant games, digital lottery platforms, and operational and marketing support. The company serves lottery customers in North America and international markets, supporting sales through retail locations and online channels. Its systems and services help lotteries manage game operations, transactions, and player engagement.
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