Is PlayAGS Stock a Good Investment?
PlayAGS Investment Advice | AGS |
- Examine PlayAGS's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research PlayAGS's leadership team and their track record. Good management can help PlayAGS navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Hotels, Restaurants & Leisure space and any emerging trends that could impact PlayAGS's business and its evolving consumer preferences.
- Compare PlayAGS's performance and market position to its competitors. Analyze how PlayAGS is positioned in terms of product offerings, innovation, and market share.
- Check if PlayAGS pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about PlayAGS's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in PlayAGS stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if PlayAGS is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine PlayAGS Stock
Researching PlayAGS's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 78.0% of the company shares are held by institutions such as insurance companies. The company had not issued any dividends in recent years. PlayAGS had a split on the 26th of November 2014.
To determine if PlayAGS is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding PlayAGS's research are outlined below:
| Over 78.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from zacks.com: Are Options Traders Betting on a Big Move in PlayAGS Stock |
PlayAGS Quarterly Cost Of Revenue |
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PlayAGS uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in PlayAGS. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PlayAGS's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact PlayAGS's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises PlayAGS's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-03-04 | 2019-12-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2022-11-08 | 2022-09-30 | -0.0103 | 0.01 | 0.0203 | 197 | ||
2023-11-07 | 2023-09-30 | 0.02 | -0.0041 | -0.0241 | 120 | ||
2024-03-05 | 2023-12-31 | 0.03 | 0.0017 | -0.0283 | 94 | ||
2021-08-05 | 2021-06-30 | -0.15 | -0.11 | 0.04 | 26 | ||
2019-05-08 | 2019-03-31 | 0.04 | -0.0023 | -0.0423 | 105 | ||
2023-05-09 | 2023-03-31 | -0.06 | -0.01 | 0.05 | 83 | ||
2021-11-04 | 2021-09-30 | -0.11 | -0.05 | 0.06 | 54 |
Know PlayAGS's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PlayAGS is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PlayAGS backward and forwards among themselves. PlayAGS's institutional investor refers to the entity that pools money to purchase PlayAGS's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 873.5 K | State Street Corp | 2024-06-30 | 742.1 K | Springbok Capital Management, Llc | 2024-09-30 | 598.9 K | Adage Capital Partners Gp Llc | 2024-06-30 | 582 K | Qube Research & Technologies | 2024-06-30 | 573.5 K | Hsbc Holdings Plc | 2024-06-30 | 474.8 K | Capula Management Ltd | 2024-06-30 | 431.3 K | Two Sigma Advisers, Llc | 2024-06-30 | 416.7 K | Gabelli Funds Llc | 2024-09-30 | 387.3 K | Blackrock Inc | 2024-06-30 | 3.3 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 2.5 M |
PlayAGS's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 475.57 M.Market Cap |
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PlayAGS's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Equity | 0.01 | 0.01 |
Determining PlayAGS's profitability involves analyzing its financial statements and using various financial metrics to determine if PlayAGS is a good buy. For example, gross profit margin measures PlayAGS's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of PlayAGS's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in PlayAGS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PlayAGS. Check PlayAGS's Beneish M Score to see the likelihood of PlayAGS's management manipulating its earnings.
Evaluate PlayAGS's management efficiency
PlayAGS has Return on Asset of 0.0635 % which means that on every $100 spent on assets, it made $0.0635 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1091 %, implying that it generated $0.1091 on every 100 dollars invested. PlayAGS's management efficiency ratios could be used to measure how well PlayAGS manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PlayAGS's Return On Tangible Assets are comparatively stable compared to the past year. Return On Capital Employed is likely to gain to 0.1 in 2024, whereas Return On Equity is likely to drop 0.01 in 2024. At this time, PlayAGS's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 5.1 M in 2024, whereas Other Current Assets are likely to drop slightly above 6.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.77 | 2.64 | |
| Tangible Book Value Per Share | (9.07) | (9.53) | |
| Enterprise Value Over EBITDA | 6.14 | 5.83 | |
| Price Book Value Ratio | 4.75 | 4.63 | |
| Enterprise Value Multiple | 6.14 | 5.83 | |
| Price Fair Value | 4.75 | 4.63 | |
| Enterprise Value | 868.2 M | 771.8 M |
At PlayAGS, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 2.353 |
Basic technical analysis of PlayAGS Stock
As of the 28th of November, PlayAGS holds the Downside Deviation of 0.2318, standard deviation of 0.2241, and Risk Adjusted Performance of 0.1028. PlayAGS technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check PlayAGS standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if PlayAGS is priced some-what accurately, providing market reflects its current price of 11.62 per share. Given that PlayAGS has treynor ratio of 0.6719, we recommend you to check out PlayAGS's recent market performance to make sure the company can sustain itself at a future point.PlayAGS's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PlayAGS insiders, such as employees or executives, is commonly permitted as long as it does not rely on PlayAGS's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PlayAGS insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
PlayAGS's Outstanding Corporate Bonds
PlayAGS issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PlayAGS uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PlayAGS bonds can be classified according to their maturity, which is the date when PlayAGS has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US72815LAA52 Corp BondUS72815LAA52 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand PlayAGS's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing PlayAGS's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1028 | |||
| Market Risk Adjusted Performance | 0.6819 | |||
| Mean Deviation | 0.1735 | |||
| Downside Deviation | 0.2318 | |||
| Coefficient Of Variation | 602.24 | |||
| Standard Deviation | 0.2241 | |||
| Variance | 0.0502 | |||
| Information Ratio | (0.42) | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.6719 | |||
| Maximum Drawdown | 1.04 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.4444 | |||
| Downside Variance | 0.0537 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.22) | |||
| Skewness | 0.1444 | |||
| Kurtosis | 0.4547 |
| Risk Adjusted Performance | 0.1028 | |||
| Market Risk Adjusted Performance | 0.6819 | |||
| Mean Deviation | 0.1735 | |||
| Downside Deviation | 0.2318 | |||
| Coefficient Of Variation | 602.24 | |||
| Standard Deviation | 0.2241 | |||
| Variance | 0.0502 | |||
| Information Ratio | (0.42) | |||
| Jensen Alpha | 0.0223 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.40) | |||
| Treynor Ratio | 0.6719 | |||
| Maximum Drawdown | 1.04 | |||
| Value At Risk | (0.26) | |||
| Potential Upside | 0.4444 | |||
| Downside Variance | 0.0537 | |||
| Semi Variance | (0) | |||
| Expected Short fall | (0.22) | |||
| Skewness | 0.1444 | |||
| Kurtosis | 0.4547 |
Consider PlayAGS's intraday indicators
PlayAGS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PlayAGS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
PlayAGS Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 13th of November 2024 Other Reports | ViewVerify | |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F4 | 27th of September 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
PlayAGS Stock media impact
Far too much social signal, news, headlines, and media speculation about PlayAGS that are available to investors today. That information is available publicly through PlayAGS media outlets and privately through word of mouth or via PlayAGS internal channels. However, regardless of the origin, that massive amount of PlayAGS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of PlayAGS news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of PlayAGS relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to PlayAGS's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive PlayAGS alpha.
PlayAGS Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards PlayAGS can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PlayAGS Corporate Directors
| Anna Massion | Independent Director | Profile | |
| Daniel Cohen | Independent Director | Profile | |
| Yvette Landau | Independent Director | Profile | |
| Adam Chibib | Lead Independent Director | Profile |
Already Invested in PlayAGS?
The danger of trading PlayAGS is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PlayAGS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PlayAGS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PlayAGS is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for PlayAGS Stock Analysis
When running PlayAGS's price analysis, check to measure PlayAGS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PlayAGS is operating at the current time. Most of PlayAGS's value examination focuses on studying past and present price action to predict the probability of PlayAGS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PlayAGS's price. Additionally, you may evaluate how the addition of PlayAGS to your portfolios can decrease your overall portfolio volatility.