A share price of PlayAGS Inc [AGS] is currently trading at $11.34, up 26.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AGS shares have gain 29.01% over the last week, with a monthly amount glided 21.41%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, JMP Securities started tracking the stock with Mkt Outperform rating on September 07, 2023, and set its price target to $11. On May 15, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $10 on the stock. B. Riley Securities initiated its recommendation with a Buy and recommended $21 as its price target on June 11, 2021. Truist upgraded its rating to Buy for this stock on May 07, 2021, but kept the price target unchanged to $12. In a note dated January 19, 2021, Jefferies downgraded an Hold rating on this stock but restated the target price of $7.
PlayAGS Inc experienced fluctuations in its stock price throughout the past year between $4.53 and $10.14. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. PlayAGS Inc [NYSE: AGS] shares were valued at $11.34 at the most recent close of the market. An investor can expect a potential return of 19.05% based on the average AGS price forecast.
Analyzing the AGS fundamentals
Trailing Twelve Months sales for PlayAGS Inc [NYSE:AGS] were 356.54M which represents 15.19% growth. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.82 points at the first support level, and at 10.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.68, and for the 2nd resistance point, it is at 12.03.
PlayAGS Inc [AGS] reported earnings per share of $0 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.03/share, meaning a difference of -$0.03 and a surprise factor of -100.00%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0 per share as compared to estimates of $0.02 per share, a difference of -$0.02 representing a surprise of -100.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PlayAGS Inc [NYSE:AGS] is 3.48. As well, the Quick Ratio is 2.72, while the Cash Ratio is 0.86. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 6.53 and price to earnings (TTM) ratio is 1003.54.
Transactions by insiders
Recent insider trading involved CHIBIB ADAM, Director, that happened on May 17 ’23 when 2000.0 shares were purchased. Director, Massion Anna completed a deal on May 16 ’23 to buy 5000.0 shares.
