PlayAGS (AGS) Set to Announce Earnings on Thursday

PlayAGS (NYSE:AGSGet Rating) will be posting its quarterly earnings results after the market closes on Thursday, May 5th. Analysts expect PlayAGS to post earnings of ($0.11) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

PlayAGS (NYSE:AGSGet Rating) last announced its quarterly earnings results on Thursday, March 10th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.14). PlayAGS had a negative net margin of 8.69% and a negative return on equity of 50.11%. During the same period in the previous year, the firm earned ($0.49) EPS. On average, analysts expect PlayAGS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of AGS stock opened at $6.30 on Thursday. The stock has a 50 day moving average of $6.93 and a 200 day moving average of $7.34. The company has a current ratio of 3.34, a quick ratio of 2.84 and a debt-to-equity ratio of 14.42. The stock has a market cap of $232.90 million, a P/E ratio of -10.16 and a beta of 3.02. PlayAGS has a twelve month low of $5.46 and a twelve month high of $11.32.

A number of analysts have recently commented on AGS shares. Roth Capital started coverage on PlayAGS in a research report on Wednesday. They issued a “buy” rating for the company. Zacks Investment Research cut PlayAGS from a “buy” rating to a “hold” rating in a research report on Friday, March 11th. Finally, B. Riley cut their price objective on PlayAGS from $21.00 to $18.00 in a research report on Friday, March 11th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, PlayAGS has a consensus rating of “Buy” and an average price target of $13.20.

Large investors have recently modified their holdings of the company. Norges Bank acquired a new position in PlayAGS during the fourth quarter worth $1,156,000. Barclays PLC boosted its stake in PlayAGS by 80.8% during the fourth quarter. Barclays PLC now owns 49,495 shares of the company’s stock worth $337,000 after buying an additional 22,121 shares during the last quarter. Wells Fargo & Company MN boosted its stake in PlayAGS by 625.0% during the fourth quarter. Wells Fargo & Company MN now owns 17,566 shares of the company’s stock worth $119,000 after buying an additional 15,143 shares during the last quarter. Mackenzie Financial Corp acquired a new position in PlayAGS during the fourth quarter worth $68,000. Finally, Cubist Systematic Strategies LLC boosted its stake in PlayAGS by 162.1% during the fourth quarter. Cubist Systematic Strategies LLC now owns 50,135 shares of the company’s stock worth $340,000 after buying an additional 31,008 shares during the last quarter. 81.77% of the stock is currently owned by hedge funds and other institutional investors.

About PlayAGS (Get Rating)

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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Earnings History for PlayAGS (NYSE:AGS)

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