Should I buy or sell NeoGames stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NeoGames in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NGMS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGMS, but not buy additional shares or sell existing shares. View NGMS analyst ratings or view top-rated stocks .

What is NeoGames' stock price target for 2024?

5 brokers have issued 1-year target prices for NeoGames' stock. Their NGMS share price targets range from $29.50 to $29.50. On average, they predict the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 0.2% from the stock's current price. View analysts price targets for NGMS or view top-rated stocks among Wall Street analysts .

How have NGMS shares performed in 2024?

NeoGames' stock was trading at $28.63 at the beginning of 2024. Since then, NGMS shares have increased by 2.9% and is now trading at $29.45. View the best growth stocks for 2024 here .

Are investors shorting NeoGames?

NeoGames saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 71,800 shares, an increase of 45.6% from the March 15th total of 49,300 shares. Based on an average trading volume of 57,400 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.6% of the shares of the stock are short sold. View NeoGames' Short Interest .

When is NeoGames' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our NGMS earnings forecast .

How were NeoGames' earnings last quarter?

NeoGames S.A. (NASDAQ:NGMS) released its earnings results on Wednesday, March, 6th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.04. The firm had revenue of $47.76 million for the quarter, compared to analysts' expectations of $57.95 million. NeoGames had a positive trailing twelve-month return on equity of 9.15% and a negative net margin of 9.54%.

What ETFs hold NeoGames' stock?

ETFs with the largest weight of NeoGames (NASDAQ:NGMS) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL) , Roundhill Sports Betting & iGaming ETF (BETZ) and Pacer BlueStar Digital Entertainment ETF (ODDS) . Amplify BlueStar Israel Technology ETF (ITEQ) .

When did NeoGames IPO?

NeoGames (NGMS) raised $72 million in an initial public offering on Thursday, November 19th 2020. The company issued 4,800,000 shares at $14.00-$16.00 per share. Stifel acted as the underwriter for the IPO and Macquarie Capital and Truist Securities were co-managers.

Who are NeoGames' major shareholders?

NeoGames' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.11%).

How do I buy shares of NeoGames?

Shares of NGMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NGMS

NeoGames (NGMS) Stock Price, News & Analysis

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Free NGMS Stock Alerts

$29.45

+0.04 (+0.14%)

(As of 04/19/2024 ET)

Compare

Today's Range: $29.44
▼
$29.47
50-Day Range: $27.94
▼
$29.45
52-Week Range: $12.51
▼
$29.47

Volume: 764,709 shs
Average Volume: 324,689 shs
Market Capitalization: $985.99 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $29.50

Get NeoGames alerts:

NeoGames MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 0.2% Upside
$29.50 Price Target
Short Interest: Healthy
0.55% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.27
Upright™ Environmental Score
News Sentiment: 0.22
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 138.46%
From $0.13 to $0.31 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Consumer Discretionary Sector

171st out of 269 stocks

Amusement & Recreation Services Industry

6th out of 13 stocks

1.0

Analyst's Opinion

Consensus Rating
NeoGames has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.
Amount of Analyst Coverage
NeoGames has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.55% of the float of NeoGames has been sold short.
Short Interest Ratio / Days to Cover
NeoGames has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NeoGames has recently increased by 45.64%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NeoGames does not currently pay a dividend.
Dividend Growth
NeoGames does not have a long track record of dividend growth.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NeoGames has received a 31.71% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages", "Commercial deposit accounts", "Wire transfer services", "Consumer transaction accounts provided by brick and mortar banks", and "Installment loans to small and medium-sized corporations" products. See details.
Environmental Sustainability
The Environmental Impact score for NeoGames is -0.27.

1.8

News and Social Media Coverage

News Sentiment
NeoGames has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for NeoGames this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NeoGames insiders have not sold or bought any company stock.
Percentage Held by Insiders
27.80% of the stock of NeoGames is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 29.73% of the stock of NeoGames is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NeoGames are expected to grow by 138.46% in the coming year, from $0.13 to $0.31 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NeoGames is -54.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NeoGames is -54.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NeoGames has a P/B Ratio of 7.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About NeoGames Stock (NASDAQ:NGMS)

NeoGames S.A. provides iLottery solutions worldwide. The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of games through personal computers, smartphones, and handheld devices. It also develops and operates online lotteries and games that allows lottery operators to distribute lottery products through online sales channels using the company's technology. In addition, the company offers software development and platform services; and regulation and compliance, payment processing, risk management, player relationship management, and player value optimization services. The company was incorporated in 2014 and is headquartered in Tel Aviv, Israel.

NGMS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NGMS Stock News Headlines

April 19, 2024 | stockhouse.com

NeoGames' Christopher Shaban Appointed Managing Director iLottery

April 19, 2024 | investing.com

NeoGames appoints new iLottery Managing Director

April 20, 2024 | Crypto 101 Media (Ad)

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April 18, 2024 | globenewswire.com

NeoGames and Aristocrat Receive Final Regulatory Approvals on Proposed Acquisition

April 17, 2024 | finance.yahoo.com

NeoGames’ Christopher Shaban Appointed Managing Director iLottery

April 17, 2024 | americanbankingnews.com

Comparing NeoGames (NASDAQ:NGMS) & TKO Group (NYSE:TKO)

April 15, 2024 | globenewswire.com

NeoGames partners with BIG Brazil for its Caesars Brazil brand, ahead of market opening

April 12, 2024 | americanbankingnews.com

NeoGames (NASDAQ:NGMS) Sets New 1-Year High at $29.23

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 10, 2024 | finance.yahoo.com

Calculating The Intrinsic Value Of NeoGames S.A. (NASDAQ:NGMS)

April 2, 2024 | globenewswire.com

NeoGames extends agreement with Czech market leader, SAZKA

March 8, 2024 | finanznachrichten.de

NeoGames SA: NeoGames Announces Fourth Quarter and Full Year 2023 Results

March 7, 2024 | markets.businessinsider.com

Truist Financial Reaffirms Their Hold Rating on NeoGames (NGMS)

March 6, 2024 | markets.businessinsider.com

Hold Rating on NeoGames Amid Pending Acquisition and Financial Performance Review

March 6, 2024 | msn.com

NGMS Stock Earnings: NeoGames Beats EPS, Misses Revenue for Q4 2023

March 6, 2024 | globenewswire.com

NeoGames Announces Fourth Quarter and Full Year 2023 Results

March 5, 2024 | finance.yahoo.com

NeoGames launches content with Georgia Lottery, expanding NeoGames Studio’s presence in US

February 28, 2024 | finance.yahoo.com

NeoGames Announces Fourth Quarter and Year-End 2023 Earnings Release Date

February 28, 2024 | globenewswire.com

NeoGames Announces Fourth Quarter and Year-End 2023 Earnings Release Date

February 22, 2024 | finance.yahoo.com

NeoPollard Interactive Congratulates the North Carolina Education Lottery on Launching Digital Instants

February 14, 2024 | msn.com

Monarch Casino (MCRI) Lags Q4 Earnings Estimates

January 17, 2024 | tmcnet.com

Federman & Sherwood Announces Investigation Into NeoGames, SA (NASDAQ: NGMS) And Encourages Investors to Contact the Firm

January 17, 2024 | msn.com

Rush Street Interactive rallies after strong conference presentation

December 12, 2023 | finance.yahoo.com

NeoGames' (NGMS) Pariplay Expands Presence in North America

December 11, 2023 | finance.yahoo.com

NeoGames’ Pariplay signs deal with Tipico US for further North American growth

November 27, 2023 | msn.com

NeoGames (NGMS) Price Target Increased by 8.26% to 30.09

November 16, 2023 | finance.yahoo.com

NeoGames’ Pariplay continues North American expansion with Hard Rock Bet launch in New Jersey

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Today: 4/20/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Amusement & recreation services
Sub-Industry: N/A
Current Symbol: NASDAQ:NGMS
CUSIP: N/A
CIK: 1821349
Web: neogames.com
Phone: 972-73-372-3107
Fax: N/A
Employees: 695
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $29.50
High Stock Price Target: $29.50
Low Stock Price Target: $29.50
Potential Upside/Downside: +0.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 226.54
P/E Growth: N/A
Net Income: $-18,280,000.00
Net Margins: -9.54%
Pretax Margin: -7.37%
Return on Equity: 9.15%
Return on Assets: 2.80%

Debt

Debt-to-Equity Ratio: 1.61
Current Ratio: 1.13
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $191.54 million
Price / Sales: 5.15
Cash Flow: $2.06 per share
Price / Cash Flow: 14.31
Book Value: $4.05 per share
Price / Book: 7.27

Miscellaneous

Outstanding Shares: 33,480,000
Free Float: 24,174,000
Market Cap: $985.99 million
Optionable: Optionable
Beta: 1.14

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Key Executives

Mr. Mordechay Malool (Age 52)
CEO & Director
Mr. Tsachi Maimon (Age 46)
President & Head of iGaming
Mr. Motti Gil (Age 51)
Chief Financial Officer
Ms. Rinat Belfer (Age 44)
Chief Operations Officer
Mr. Oded Gottfried (Age 54)
Chief Technology Officer
Mr. Oren Tamir
MD of NeoGames Ukraine & Executive VP of Global HR
Mr. Christopher G. Shaban
Executive Vice President of Global Business & Customer Development
Mr. Gabby Naftali
Executive Vice President of Product
Mr. Hili Shakked
Managing Director of NeoGames Studio

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NGMS Stock Analysis - Frequently Asked Questions

Should I buy or sell NeoGames stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NeoGames in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NGMS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGMS, but not buy additional shares or sell existing shares.
View NGMS analyst ratings or view top-rated stocks.
What is NeoGames' stock price target for 2024?: 5 brokers have issued 1-year target prices for NeoGames' stock. Their NGMS share price targets range from $29.50 to $29.50. On average, they predict the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 0.2% from the stock's current price.
View analysts price targets for NGMS or view top-rated stocks among Wall Street analysts.
How have NGMS shares performed in 2024?: NeoGames' stock was trading at $28.63 at the beginning of 2024. Since then, NGMS shares have increased by 2.9% and is now trading at $29.45.
View the best growth stocks for 2024 here.
Are investors shorting NeoGames?: NeoGames saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 71,800 shares, an increase of 45.6% from the March 15th total of 49,300 shares. Based on an average trading volume of 57,400 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.6% of the shares of the stock are short sold.
View NeoGames' Short Interest.
When is NeoGames' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our NGMS earnings forecast.
How were NeoGames' earnings last quarter?: NeoGames S.A. (NASDAQ:NGMS) released its earnings results on Wednesday, March, 6th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.04. The firm had revenue of $47.76 million for the quarter, compared to analysts' expectations of $57.95 million. NeoGames had a positive trailing twelve-month return on equity of 9.15% and a negative net margin of 9.54%.

What ETFs hold NeoGames' stock?: ETFs with the largest weight of NeoGames (NASDAQ:NGMS) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL), Roundhill Sports Betting & iGaming ETF (BETZ) and Pacer BlueStar Digital Entertainment ETF (ODDS).Amplify BlueStar Israel Technology ETF (ITEQ).
When did NeoGames IPO?: NeoGames (NGMS) raised $72 million in an initial public offering on Thursday, November 19th 2020. The company issued 4,800,000 shares at $14.00-$16.00 per share. Stifel acted as the underwriter for the IPO and Macquarie Capital and Truist Securities were co-managers.
Who are NeoGames' major shareholders?: NeoGames' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.11%).
How do I buy shares of NeoGames?: Shares of NGMS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NGMS) was last updated on 4/20/2024 by MarketBeat.com Staff

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