AGS has bolstered its international team with two significant appointments aimed at enhancing its global operations. Arthur Rotziokos steps into the role of Senior Director of Product Management for the Asia-Pacific region, while Richard Orozco takes on the position of Senior Director of Product Management for International markets. Both executives will report directly to Rob Ziems, AGS’ Chief Business and Legal Officer, who manages the company's international business initiatives.
Rotziokos, who will be stationed in Sydney, Australia, is tasked with spearheading AGS’ expansion into the burgeoning Asia-Pacific market. Before joining AGS, he served as Vice President of Research & Development at Light & Wonder. Meanwhile, Orozco will be responsible for guiding AGS' global product strategies, with a particular emphasis on Latin America and Europe. Prior to this role, Orozco was the Vice President of Product Strategy at Ainsworth Game Technology.
These strategic hires reflect AGS’ commitment to widening its international footprint, leveraging each executive's expertise to navigate and grow in diverse markets across the globe. By doing so, AGS aims to adapt swiftly to changing market dynamics and capture emerging opportunities worldwide.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for PlayAGS Inc (AGS, Financial) is $12.50 with a high estimate of $12.50 and a low estimate of $12.50. The average target implies an upside of 3.99% from the current price of $12.02. More detailed estimate data can be found on the PlayAGS Inc (AGS) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, PlayAGS Inc's (AGS, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PlayAGS Inc (AGS, Financial) in one year is $8.84, suggesting a downside of 26.46% from the current price of $12.02. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PlayAGS Inc (AGS) Summary page.
