Last Updated: 13 Sep 2024
Executive Summary
PlayAGS Inc. (AGS) is a gaming industry supplier that designs and provides game products and services in the US and internationally. The company has a market capitalization of $454.7 million and trades on the NYSE under the symbol "AGS." Its latest stock price is $11.3.
Company Overview
AGS is headquartered in Las Vegas, Nevada, and has been in operation since 2010. The company's products include slot machines, table games, and interactive gaming solutions. AGS serves casinos, racetracks, and other gaming establishments.
Fundamental Analysis
AGS's financial performance has been mixed in recent quarters. Revenue grew by 0.077% year-over-year in the latest quarter, while earnings per share (EPS) declined by 0.5%. The company's profit margin is 1.25%, and its return on assets (ROA) is 6.03%.
AGS has a strong balance sheet with $149.8 million in EBITDA and $1.727 in book value per share. The company does not pay dividends.
Technical Analysis
AGS's stock price has been trading within a range of $6.27 to $11.75 over the past 52 weeks. The stock is currently trading near the middle of this range. The 50-day moving average is $11.36, and the 200-day moving average is $9.81.
Short Term Outlook
AGS's short-term outlook is mixed. The company's financial performance has been inconsistent, and its stock price has been trading sideways. The stock could continue to trade within its current range in the near term.
Long Term Outlook
AGS's long-term outlook is more positive. The gaming industry is expected to grow in the coming years, and AGS is well-positioned to benefit from this growth. The company has a strong product portfolio and a solid financial foundation.
Analyst Recommendations
Analysts have a mixed view on AGS. Two analysts rate the stock as a "Buy," while two rate it as a "Hold." The average analyst target price is $12.63, which represents a potential upside of 11.8%.
