Based on ratings from 3 stock analysts, the PlayAGS Inc stock price is expected to increase by 9.17% in 12 months. This is calculated by using the average 12-month stock price forecast for PlayAGS Inc. The lowest target is $12.5 and the highest is $12.5. Please note analyst price targets are not guaranteed and could be missed completely.
PlayAGS Inc has a total of 3 Wall St Analyst ratings. There are 0 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that PlayAGS Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of AGS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
David Bain B. Riley Securities | Neutral | $12.5 | Downgrade | Aug 5, 2024 |
Brad Boyer Stifel | Hold | $12.5 | Downgrade | May 23, 2024 |
Barry Jonas Truist Securities | Hold | $12.5 | Downgrade | May 13, 2024 |
David Bain B. Riley Securities | Buy | $16 | Reinstates | Apr 5, 2024 |
Jordan Bender JMP Securities | Market Outperform | $13 | Reiterates | Apr 1, 2024 |
Jordan Bender JMP Securities | Market Outperform | $13 | Maintains | Mar 6, 2024 |
Barry Jonas Truist Securities | Buy | $13 | Maintains | Mar 6, 2024 |
Jordan Bender JMP Securities | Market Outperform | $12 | Maintains | Feb 6, 2024 |
Barry Jonas Truist Securities | Buy | $12 | Reiterates | Nov 27, 2023 |
Jordan Bender JMP Securities | Market Outperform | $11 | Initiates | Sep 7, 2023 |
Carlo Santarelli Deutsche Bank | Hold | $9 | Maintains | May 17, 2023 |
David Katz Jefferies | Buy | $10 | Upgrade | May 15, 2023 |
Benjamin Chaiken Credit Suisse | Outperform | $15 | Reiterates | May 11, 2023 |
Barry Jonas Truist Securities | Buy | $11 | Maintains | Mar 10, 2023 |
Benjamin Chaiken Credit Suisse | Outperform | $15 | Maintains | Nov 9, 2022 |
Barry Jonas Truist Securities | Buy | $12 | Maintains | Jul 20, 2022 |
Carlo Santarelli Deutsche Bank | Hold | $11 | Maintains | Jul 14, 2022 |
David Bain B. Riley Securities | Buy | $16 | Maintains | Jun 28, 2022 |
B. Riley Securities | Buy | Initiates | Jun 11, 2021 | |
Truist Securities | Buy | Upgrade | May 7, 2021 |
When did it IPO
2007
Staff Count
883
Country
United States
Sector/Industry
Consumer Cyclical/Gambling
CEO
Mr. David B. Lopez
Market Cap
$469.4M
In 2023, AGS generated $356.5M in revenue, which was a increase of 15.22% from the previous year. This can be seen as a signal that AGS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - New gaming titles including Hot Slots, Pig Links, Pitmaster Progressives, and Top-Shelf Shufflers are being introduced, potentially impacting market dynamics and investor interest in the gaming sector.
Why It Matters - New game launches can drive revenue for gaming companies, attracting more players and increasing market share, impacting stock prices and investor sentiment.
Summary - AGS (NYSE: AGS) has been recognized as one of the 2024 Best and Brightest Companies to Work For, marking its eighth consecutive year of receiving this accolade.
Why It Matters - AGS's recognition as a top workplace highlights strong company culture and employee satisfaction, potentially leading to improved performance, retention, and ultimately, higher shareholder value.
Summary - Discretionary stocks such as AGS, CNK, HGV, RCL, and YETI are expected to rise following anticipated Federal Reserve rate cuts.
Why It Matters - Rate cuts by the Fed typically boost consumer spending, benefiting discretionary stocks like AGS, CNK, HGV, RCL, and YETI, which could lead to increased share prices and investor returns.
Summary - PlayAGS, Inc. stockholders approved the company's acquisition by Brightstar Capital Partners during a special meeting on August 6, 2024.
Why It Matters - The approval of PlayAGS' acquisition by Brightstar Capital Partners signals potential changes in strategy, management, and financial performance, affecting stock value and investor sentiment.
Summary - PlayAGS, Inc. (NYSE: AGS) will showcase new gaming products at the OIGA trade show on August 13-14, including a mechanical stepper and innovative slot games.
Why It Matters - PlayAGS is launching new gaming products at a prominent industry trade show, potentially boosting sales and market presence, which could positively impact stock performance.
Summary - Investors should monitor PlayAGS (AGS) stock due to recent notable activity in the options market.
Why It Matters - Increased activity in the options market for PlayAGS (AGS) may signal anticipated volatility or significant price movements, impacting trading strategies and investment decisions.