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Home › Stocks › PlayAGS Inc. (AGS) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Gambling
$12.25
-0.03 (-0.24%)10 Quality Stocks Worth Considering Now
Researching PlayAGS (AGS) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 9 Wall Street analysts, AGS has a neutral consensus with a median price target of $12.50 (ranging from $12.50 to $12.50). The overall analyst rating is Buy (6.0/10). Currently trading at $12.25, the median forecast implies a 2.0% upside. This outlook is supported by 0 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from David Bain at B. Riley Securities, projecting a 2.0% upside. Conversely, the most conservative target is provided by David Bain at B. Riley Securities, suggesting a 2.0% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for AGS.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Aug 5, 2024 | B. Riley Securities | David Bain | Neutral | Downgrade | $12.50 |
May 23, 2024 | Stifel | Brad Boyer | Hold | Downgrade | $12.50 |
May 13, 2024 | Truist Securities | Barry Jonas | Hold | Downgrade | $12.50 |
Apr 5, 2024 | B. Riley Securities | David Bain | Buy | Reinstates | $16.00 |
Apr 1, 2024 | JMP Securities | Jordan Bender | Market Outperform | Reiterates | $13.00 |
Mar 6, 2024 | JMP Securities | Jordan Bender | Market Outperform | Maintains | $13.00 |
Mar 6, 2024 | Truist Securities | Barry Jonas | Buy | Maintains | $13.00 |
Feb 6, 2024 | JMP Securities | Jordan Bender | Market Outperform | Maintains | $12.00 |
Nov 27, 2023 | Truist Securities | Barry Jonas | Buy | Reiterates | $12.00 |
Sep 7, 2023 | JMP Securities | Jordan Bender | Market Outperform | Initiates | $11.00 |
May 17, 2023 | Deutsche Bank | Carlo Santarelli | Hold | Maintains | $9.00 |
May 15, 2023 | Jefferies | David Katz | Buy | Upgrade | $10.00 |
May 11, 2023 | Credit Suisse | Benjamin Chaiken | Outperform | Reiterates | $15.00 |
Mar 10, 2023 | Truist Securities | Barry Jonas | Buy | Maintains | $11.00 |
Nov 9, 2022 | Credit Suisse | Benjamin Chaiken | Outperform | Maintains | $15.00 |
Jul 20, 2022 | Truist Securities | Barry Jonas | Buy | Maintains | $12.00 |
Jul 14, 2022 | Deutsche Bank | Carlo Santarelli | Hold | Maintains | $11.00 |
Jun 28, 2022 | B. Riley Securities | David Bain | Buy | Maintains | $16.00 |
Jun 11, 2021 | B. Riley Securities | Buy | Initiates | $0.00 | |
May 7, 2021 | Truist Securities | Buy | Upgrade | $0.00 |
The following stocks are similar to PlayAGS based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
PlayAGS Inc. has a market capitalization of $506.16M with a P/E ratio of 10.5x. The company generates $393.72M in trailing twelve-month revenue with a 12.8% profit margin.
Revenue growth is -1.2% quarter-over-quarter, while maintaining an operating margin of +18.1% and return on equity of +53.1%.
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Designs and supplies gaming products and services.
The company operates by providing a diverse range of gaming products, including electronic gaming machines, table games, and interactive solutions tailored for casinos. Its revenue is generated through the sale and lease of these gaming products, as well as through partnerships with casino operators that enhance customer engagement and optimize gaming experiences.
Headquartered in Las Vegas, PlayAGS Inc. is strategically positioned within the global gaming industry. The company also offers mobile and social gaming platforms, expanding its reach and allowing players to engage with their games online or on mobile devices. Its influence spans across North America and internationally, playing a key role in the industry's technological advancements.
Consumer Cyclical
Gambling
916
Mr. David B. Lopez
United States
2007
PlayAGS (AGS) is expected to report earnings that may exceed forecasts, driven by favorable conditions. Investors should prepare for the upcoming earnings report.
PlayAGS's potential earnings beat could drive stock price up, signaling strong performance and attracting investor interest, impacting overall market sentiment towards the gaming sector.
AGS has appointed Daniel Marcus as Vice President of Product Management, reporting to Mark DeDeaux, to enhance strategic objectives in the slot products business.
The appointment of Dan Marcus as VP of Product Management signals potential strategic shifts and innovations in AGS's slot products, impacting growth and competitive positioning in the gaming sector.
AGS has appointed Arthur Rotziokos as Senior Director of Product Management for APAC and Richard Orozco as Senior Director of Product Management - International to enhance its global operations.
Key leadership appointments at AGS may enhance its competitive position in the global gaming market, potentially leading to growth in revenues and profits, influencing stock performance.
Zacks utilizes the Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.
Zacks emphasizes earnings estimates and revisions, highlighting potential stock performance. Trends in value, growth, and momentum can help identify strong investment opportunities.
PlayAGS (AGS) and Adtalem Global Education (ATGE) have shown performance metrics in 2023 that can be compared against their respective sectors.
Performance comparisons signal relative strength or weakness within sectors, influencing investment decisions and sentiment regarding PlayAGS and Adtalem Global Education's future prospects.
Caesars Entertainment has expanded its partnership with AGS, making its online platforms the exclusive home for the Triple Coin Treasures® slot titles, launching new games across North America.
Caesars' exclusive deal with AGS enhances its online casino offerings, potentially boosting user engagement and revenues, which could positively impact its stock performance.
Based on our analysis of 9 Wall Street analysts, PlayAGS Inc. (AGS) has a median price target of $12.50. The highest price target is $12.50 and the lowest is $12.50.
According to current analyst ratings, AGS has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.25. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict AGS stock could reach $12.50 in the next 12 months. This represents a 2.0% increase from the current price of $12.25. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates by providing a diverse range of gaming products, including electronic gaming machines, table games, and interactive solutions tailored for casinos. Its revenue is generated through the sale and lease of these gaming products, as well as through partnerships with casino operators that enhance customer engagement and optimize gaming experiences.
The highest price target for AGS is $12.50 from David Bain at B. Riley Securities, which represents a 2.0% increase from the current price of $12.25.
The lowest price target for AGS is $12.50 from David Bain at B. Riley Securities, which represents a 2.0% increase from the current price of $12.25.
The overall analyst consensus for AGS is neutral. Out of 9 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $12.50.
Stock price projections, including those for PlayAGS Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.