PlayAGS Inc [AGS] stock prices are up 0.17% to $11.94 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AGS shares have lost -1.00% over the last week, with a monthly amount drifted -1.16%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of PlayAGS Inc [AGS] has been fluctuating between $8.23 and $12.16 over the past year. Currently, Wall Street analysts expect the stock to reach $13.17 within the next 12 months. PlayAGS Inc [NYSE: AGS] shares were valued at $11.94 at the most recent close of the market. An investor can expect a potential return of 10.3% based on the average AGS price forecast.
Analyzing the AGS fundamentals
The PlayAGS Inc [NYSE:AGS] reported sales of 394.87M for trailing twelve months, representing a surge of 9.38%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.63 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.85.
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 11.92 points at the first support level, and at 11.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.97, and for the 2nd resistance point, it is at 11.99.
Ratios To Look Out For
It’s worth pointing out that PlayAGS Inc [NYSE:AGS]’s Current Ratio is 3.71. As well, the Quick Ratio is 3.03, while the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 4.36 and price to earnings (TTM) ratio is 10.06.
