PlayAGS(AGS)

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AGS Ignites IGA 2025 with Next-Level Slot & Table Game Innovations
GlobeNewswire· 2025-03-27 18:31
LAS VEGAS, March 27, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a global leader in gaming solutions, is set to showcase a dynamic array of new products at the 2025 Indian Gaming Association (IGA) trade show, April 2-3, in San Diego. From premium slot cabinets and innovative new games to industry-leading table progressives and real-money online gaming solutions, AGS is redefining the gaming experience. With deep roots in tribal gaming, AGS remains committed to advancing technology, enhancing casino floors, a ...
Is PlayAGS (AGS) Outperforming Other Consumer Discretionary Stocks This Year?
ZACKS· 2025-03-27 14:40
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has PlayAGS (AGS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.PlayAGS is a member of the Consumer Discretionary sector. This group includes 267 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individua ...
AGS Wins 2025 USA TODAY Top Workplaces USA Award
GlobeNewswire· 2025-03-25 18:31
Core Insights - AGS has been recognized as a 2025 USA TODAY Top Workplaces USA Award winner, ranking in the Top 28% of companies in the 500-999 employee category, placing it among the Top 100 companies in this size category across America [3][4]. Company Recognition - The USA TODAY Top Workplaces USA Award honors organizations for their commitment to creating outstanding workplace environments that prioritize employee engagement and satisfaction [4]. - AGS' strong performance in the awards is based on authentic employee feedback collected through a confidential survey conducted by a third-party HR research and technology company [4]. Leadership Commentary - David Lopez, CEO of AGS, expressed pride in the recognition, emphasizing that the award reflects the commitment, passion, energy, and teamwork of employees across all U.S. offices [5]. - The CEO highlighted the company's focus on creating a culture where employees can thrive, grow, and be themselves, indicating that the award validates their efforts [5]. Previous Accolades - The 2025 award adds to AGS' accolades, including recognition as a Top Workplace in 2024 for Oklahoma, Las Vegas, and Atlanta, as well as the Best and Brightest Companies to Work For 2024 award both nationally and in Atlanta [5]. Employee Engagement Initiatives - AGS is dedicated to a people-first culture, focusing on employee engagement, professional development opportunities, competitive benefits, and work-life balance [6]. - These initiatives have contributed to an environment where employees are motivated and empowered to perform at their best [6]. Company Overview - AGS is a global company that provides a diverse mix of entertaining gaming experiences, with roots in the Class II Native American gaming market [7]. - The company has expanded to become a leading all-inclusive commercial gaming supplier, offering high-performing Class II and Class III slot products, an extensive table products portfolio, real-money gaming platforms, and best-in-class service [7].
ageas SA/NV organises Extraordinary General Meeting of Shareholders
GlobeNewswire· 2025-03-20 07:15
ageas SA/NV organises Extraordinary General Meeting of Shareholders The Extraordinary General Meeting of Shareholders will take place in the offices of ageas SA/NV, Avenue du Boulevard 21, 1210 Brussels on 23 April 2025 at 10:30 am. Ageas published the following documents in relation to this Extraordinary General Meeting on its website, www.ageas.com: the convening notice, together with the agenda;a specimen proxy form;the special Board of Directors report in accordance with Article 7:199 of the Belgian Com ...
PlayAGS (AGS) Upgraded to Strong Buy: Here's Why
ZACKS· 2025-03-11 17:00
Core Viewpoint - PlayAGS (AGS) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often adjust their valuations based on changes in earnings estimates, leading to buying or selling actions that affect stock prices [4]. PlayAGS Earnings Outlook - For the fiscal year ending December 2025, PlayAGS is expected to earn $0.79 per share, reflecting a decrease of 34.2% from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for PlayAGS has increased by 3.5%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, highlighting their superior earnings estimate revision features [9][10].
PlayAGS(AGS) - 2024 Q4 - Annual Report
2025-03-06 21:19
Merger and Acquisition - The company is in the process of a proposed merger with Brightstar Capital Partners, which may impact business operations and stock price[11] - The company is in the process of a proposed merger with Brightstar Capital Partners, which may impact business operations and stock price[11] Financial Performance and Profitability - The company reported a significant accumulated deficit and a history of operating losses, raising concerns about future profitability[19] - The company reported a significant accumulated deficit and a history of operating losses, raising concerns about future profitability[19] - The company has substantial indebtedness, which could limit its ability to raise additional capital and service its debt obligations[19] - The company has substantial indebtedness, which could limit its ability to raise additional capital and react to economic changes[19] - The company is subject to quarterly fluctuations in business performance, which could impact financial results[19] - The company is subject to quarterly fluctuations in business performance, which could affect financial results[19] Market and Competition Risks - The company faces risks related to competition in the gaming industry, including the ability to adapt to evolving technology and player preferences[17] - The company faces risks related to competition in the gaming industry, including the ability to adapt to evolving technology and player preferences[17] - The company may not successfully enter new markets or capitalize on the expansion of interactive gaming, which could limit growth opportunities[17] - The company may not successfully enter new markets, which could limit growth opportunities[17] Regulatory and Legal Risks - A substantial portion of the company's revenue is derived from Native American tribal customers, making it vulnerable to legal and regulatory uncertainties[19] - Changes in regulations and tax laws could adversely affect the company's operations and financial condition[19] - Changes in regulations and licensing requirements could hinder the company's ability to operate in existing markets or expand into new jurisdictions[17] Operational Impact - The global COVID-19 pandemic has had a significant adverse impact on the company's operations and financial performance, with potential future risks from similar events[17] - The global COVID-19 pandemic has had a significant adverse impact on the company's operations and financial performance, with potential future risks[17] - The company relies on third-party technology and licensed products, which could materially affect its business if these relationships change[19] - The company relies on third-party technology and licensed products, which could materially affect its business if lost[19]
Ageas reports on the progress of share buy-back programme
GlobeNewswire· 2025-03-03 16:40
Further to the initiation of the share buy-back programme announced on 28 August 2024, Ageas reports the purchase of 45,875 Ageas shares in the period from 24-02-2025 until 28-02-2025. DateNumber ofSharesTotal amount(EUR)Average price(EUR)Lowest price(EUR)Highest price(EUR)24-02-20256,520333,10251.0951.0051.2025-02-20256,350327,58351.5951.0051.8526-02-20256,677<td style="width:120.94px;;text-align: left ; vertical-align: middle; vertical-al ...
Ageas reports full-year results 2024
GlobeNewswire· 2025-02-27 06:30
Core Insights - Ageas reported a strong financial performance for the year 2024, achieving a Net Operating Result of EUR 1.24 billion, which corresponds to a Return on Equity of 16.3% [2][4][6] - The company experienced significant growth in inflows, totaling EUR 18.5 billion, marking a 10% increase compared to the previous year [2][4] - Ageas successfully completed its Impact24 strategic cycle, meeting all financial targets and most non-financial targets, while enhancing its ESG ratings [4][5][6] Financial Performance - The Net Result for Ageas was EUR 1,118 million, with Operational Capital Generation of EUR 2.2 billion and Operational Free Capital Generation of EUR 1.5 billion [2] - Life inflows increased to EUR 11.7 billion, reflecting a 9% growth, while Non-Life inflows rose to EUR 6.8 billion, a 14% increase [2] - The combined ratio stood at 93.3%, with a Guaranteed Margin of 149 basis points and a Unit Linked Margin of 41 basis points [2] Balance Sheet and Solvency - Comprehensive Equity reached EUR 16.1 billion, equating to EUR 88.14 per share [2] - The Pillar II Solvency II ratio improved to 218%, significantly above the Group's neutral risk appetite [2] - Total Liquid Assets in the general account were EUR 1,066 million as of December 31, 2024, with Life Liabilities excluding UG/L at EUR 91.4 billion [2] Dividend and Cash Position - A total dividend of EUR 3.50 per share was proposed, with a final dividend of EUR 2.00 per share [4][6] - The company maintained a strong cash position, exceeding EUR 1.0 billion [4][6] ESG and Sustainability - Ageas's ESG ratings improved significantly, achieving Top Quartile status from six rating agencies [5][6] - 29% of Gross Written Premiums originated from sustainable products, and EUR 14.6 billion was invested in sustainable assets [5]
Ageas reports on the progress of share buy-back programme
GlobeNewswire· 2025-02-03 16:40
Core Insights - Ageas has reported the progress of its share buy-back program initiated on 28 August 2024, with a total of 71,182 shares purchased between 27 January 2025 and 31 January 2025 [1][2] Summary by Categories Share Buy-Back Program Details - The total number of shares bought back during the specified period is 71,182, with a total expenditure of EUR 3,519,646, resulting in an average purchase price of EUR 49.45 per share [2] - The share buy-back activity on specific dates includes: - 27 January 2025: 8,024 shares at an average price of EUR 49.15 - 28 January 2025: 12,837 shares at an average price of EUR 48.94 - 29 January 2025: 8,755 shares at an average price of EUR 49.28 - 30 January 2025: 22,637 shares at an average price of EUR 49.70 - 31 January 2025: 18,929 shares at an average price of EUR 49.68 [2] Cumulative Buy-Back Activity - Since the initiation of the buy-back program on 16 September 2024, Ageas has repurchased a total of 1,895,348 shares, amounting to EUR 90,889,844, which represents 1.01% of the total shares outstanding [2]
Ageas and The Goldman Sachs Group, Inc: Transparency notification
GlobeNewswire· 2024-12-17 16:40
In accordance with the rules on financial transparency*, The Goldman Sachs Group, Inc has notified Ageas on 13 December 2024 that, on 9 December 2024, its interest has fallen below the legal threshold of 5% of the shares issued by Ageas. On 12 December 2024 it notified Ageas that, on 6 December 2024, its interest has fallen below the statutory threshold of 3% of shares issued by Ageas in box A (Voting rights). Its current shareholding stands at 0.35%. Reason for the notification of 13 December 2024Acquisiti ...