Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company operates through Australian Trading, Canada Trading, Technology, and United States Trading segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities. The company was founded in 2015 and is headquartered in Cremorne, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. Specifically, the stock is overpriced on P/FCF.
Target Price
The average target price of PBH.AX is 1.1 and suggests 11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell