FY2021 EPS Estimates for CyberAgent, Inc. (OTCMKTS:CYGIY) Raised by Analyst

CyberAgent, Inc. (OTCMKTS:CYGIY) – Research analysts at Jefferies Financial Group upped their FY2021 earnings estimates for CyberAgent in a report released on Wednesday, June 9th. Jefferies Financial Group analyst H. Sato now forecasts that the company will earn $0.29 per share for the year, up from their prior estimate of $0.09. Jefferies Financial Group also issued estimates for CyberAgent’s FY2022 earnings at $0.26 EPS and FY2023 earnings at $0.28 EPS.

A number of other brokerages have also issued reports on CYGIY. Zacks Investment Research upgraded shares of CyberAgent from a “sell” rating to a “hold” rating in a research report on Wednesday. Macquarie upgraded shares of CyberAgent from a “neutral” rating to an “outperform” rating in a research report on Thursday, April 29th.

CYGIY stock opened at $9.50 on Friday. CyberAgent has a twelve month low of $5.28 and a twelve month high of $11.10. The business’s 50 day moving average is $12.06. The firm has a market capitalization of $9.61 billion, a PE ratio of 190.00 and a beta of -0.07.

CyberAgent Company Profile

CyberAgent, Inc engages in the media, internet advertising, game, and investment development businesses primarily in Japan. The company operates Abema, a hybrid service that offers linear (TV) and on-demand viewing; Ameba, a blog service; Tapple for online dating; AWA, a music streaming service; and WinTicket for online betting.

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