Somewhat Positive Press Coverage Somewhat Unlikely to Impact PlayAGS (AGS) Stock Price

Headlines about PlayAGS (NYSE:AGS) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PlayAGS earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.6969089491263 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

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Several research analysts have recently commented on AGS shares. Deutsche Bank started coverage on PlayAGS in a research note on Tuesday, February 20th. They set a “buy” rating and a $23.00 target price for the company. Jefferies Group started coverage on PlayAGS in a research note on Tuesday, February 20th. They set a “hold” rating for the company. Bank of America lifted their target price on PlayAGS from $23.50 to $24.00 and gave the stock a “buy” rating in a research note on Thursday, March 15th. Stifel Nicolaus lifted their target price on PlayAGS from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, March 15th. Finally, SunTrust Banks started coverage on PlayAGS in a research note on Tuesday, February 20th. They set a “buy” rating and a $23.00 target price for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. PlayAGS currently has a consensus rating of “Buy” and an average price target of $24.25.

NYSE AGS traded up $0.42 during midday trading on Monday, hitting $21.29. The company had a trading volume of 152,727 shares, compared to its average volume of 197,444. The stock has a market capitalization of $733.92 and a PE ratio of -10.90. The company has a debt-to-equity ratio of -23.06, a current ratio of 1.89 and a quick ratio of 1.33. PlayAGS has a twelve month low of $16.66 and a twelve month high of $23.69.

PlayAGS (NYSE:AGS) last announced its quarterly earnings data on Wednesday, March 14th. The company reported ($0.37) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.32) by ($0.05). The business had revenue of $57.66 million during the quarter, compared to analysts’ expectations of $55.50 million. During the same period in the previous year, the company earned ($0.87) earnings per share. PlayAGS’s quarterly revenue was up 34.9% on a year-over-year basis. equities analysts expect that PlayAGS will post -0.29 EPS for the current year.

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About PlayAGS

PlayAGS, Inc designs and supplies electronic gaming machines (EGMs), and other products and services for the gaming industry in the United States and internationally. It operates in three segments: EGMs, Table Products, and Interactive. The EGM segment offers various video slot titles, which include ICON, Halo, Colossal Diamonds cabinet, and Orion; and conversion kits that allow existing game titles to be converted to other game titles offered within that operating platform.

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