PlayAGS (NYSE:AGS) is set to issue its quarterly earnings data after the market closes on Thursday, November 8th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.
AGS opened at $22.60 on Wednesday. The firm has a market cap of $853.35 million and a PE ratio of -11.65. The company has a quick ratio of 2.01, a current ratio of 2.74 and a debt-to-equity ratio of 3.55. PlayAGS has a one year low of $16.66 and a one year high of $32.80.
A hedge fund recently raised its stake in PlayAGS stock. Bank of New York Mellon Corp increased its stake in PlayAGS Inc (NYSE:AGS) by 74.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,521 shares of the company’s stock after acquiring an additional 21,481 shares during the period. Bank of New York Mellon Corp owned about 0.14% of PlayAGS worth $1,368,000 as of its most recent SEC filing.
AGS has been the subject of a number of recent analyst reports. Deutsche Bank boosted their price target on shares of PlayAGS to $34.00 and gave the company a “buy” rating in a research report on Wednesday, July 18th. Zacks Investment Research lowered shares of PlayAGS from a “hold” rating to a “sell” rating in a research report on Thursday, July 19th. Jefferies Financial Group upgraded shares of PlayAGS from a “hold” rating to a “buy” rating and boosted their price target for the company from $26.00 to $36.00 in a research report on Friday, August 10th. SunTrust Banks restated a “buy” rating and set a $35.00 price target on shares of PlayAGS in a research report on Sunday, August 12th. Finally, Credit Suisse Group initiated coverage on shares of PlayAGS in a research report on Tuesday, August 14th. They set an “outperform” rating and a $35.00 price target for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $33.88.
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.
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