Neogamessa Stock Buy Hold or Sell Recommendation

NGMS Stock  USD 29.23  0.07  0.24%   
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding NeogamesSA is 'Strong Sell'. Macroaxis provides NeogamesSA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NGMS positions. The advice algorithm takes into account all of NeogamesSA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NeogamesSA's buy or sell advice are summarized below:
Real Value
25.77
Target Price
27.25
Hype Value
29.24
Market Value
29.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NeogamesSA given historical horizon and risk tolerance towards NeogamesSA. When Macroaxis issues a 'buy' or 'sell' recommendation for NeogamesSA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out NeogamesSA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.
In addition, we conduct extensive research on individual companies such as NeogamesSA and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NeogamesSA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Execute NeogamesSA Buy or Sell Advice

The NeogamesSA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NeogamesSA. Macroaxis does not own or have any residual interests in NeogamesSA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NeogamesSA's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell NeogamesSABuy NeogamesSA
Strong Sell

Market Performance

SolidDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon NeogamesSA has a Mean Deviation of 0.2343, Standard Deviation of 0.3232, Variance of 0.1045, Downside Variance of 0.06, Semi Variance of (0.02) and Expected Short fall of (0.32)
Our advice module complements current analysts and expert consensus on NeogamesSA. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure NeogamesSA is not overpriced, please verify all NeogamesSA fundamentals, including its cash per share, and the relationship between the revenue and cash flow from operations . Given that NeogamesSA has a number of shares shorted of 71.76 K, we recommend you to check NeogamesSA market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

NeogamesSA Trading Alerts and Improvement Suggestions

The company currently holds 226.8 M in liabilities with Debt to Equity (D/E) ratio of 1.48, which is about average as compared to similar companies. NeogamesSA has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NeogamesSA until it has trouble settling it off, either with new capital or with free cash flow. So, NeogamesSA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NeogamesSA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NeogamesSA to invest in growth at high rates of return. When we think about NeogamesSA's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 191.54 M. Net Loss for the year was (18.28 M) with profit before overhead, payroll, taxes, and interest of 165.7 M.
NeogamesSA has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Calculating The Intrinsic Value Of NeoGames S.A.

NeogamesSA Returns Distribution Density

The distribution of NeogamesSA's historical returns is an attempt to chart the uncertainty of NeogamesSA's future price movements. The chart of the probability distribution of NeogamesSA daily returns describes the distribution of returns around its average expected value. We use NeogamesSA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NeogamesSA returns is essential to provide solid investment advice for NeogamesSA.
Mean Return
0.06
Value At Risk
-0.28
Potential Upside
0.77
Standard Deviation
0.32
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NeogamesSA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

NeogamesSA Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as NeogamesSA is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NeogamesSA backward and forwards among themselves. NeogamesSA's institutional investor refers to the entity that pools money to purchase NeogamesSA's securities or originates 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
Gabelli Funds Llc2023-12-31
246.1 K
Awm Investment Company Inc2023-12-31
239.5 K
Ubs Group Ag2023-12-31
227.2 K
Gabelli Securities Inc2023-12-31
225.7 K
Berry Street Capital Management Llp2023-09-30
212.5 K
Westchester Capital Management Llc2023-12-31
201.3 K
Renaissance Technologies Corp2023-12-31
197.2 K
Goldman Sachs Group Inc2023-12-31
185.7 K
Millennium Management Llc2023-12-31
184.9 K
Eckert Corp2023-12-31
1.2 M
Sand Grove Capital Management Llp2023-12-31
968.5 K
Note, although NeogamesSA's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NeogamesSA Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NeogamesSA or Hotels, Restaurants & Leisure sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NeogamesSA's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NeogamesSA stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.04
β
Beta against NYSE Composite0.11
σ
Overall volatility
0.32
Ir
Information ratio -0.07

NeogamesSA Volatility Alert

NeogamesSA exhibits very low volatility with skewness of 1.28 and kurtosis of 2.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NeogamesSA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NeogamesSA's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

NeogamesSA Fundamentals Vs Peers

Comparing NeogamesSA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NeogamesSA's direct or indirect competition across all of the common fundamentals between NeogamesSA and the related equities. This way, we can detect undervalued stocks with similar characteristics as NeogamesSA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NeogamesSA's fundamental indicators could also be used in its relative valuation, which is a method of valuing NeogamesSA by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare NeogamesSA to competition
FundamentalsNeogamesSAPeer Average
Return On Equity-0.13-0.31
Return On Asset-0.0274-0.14
Profit Margin(0.1) %(1.27) %
Operating Margin(0.15) %(5.51) %
Current Valuation1.18 B16.62 B
Shares Outstanding33.9 M571.82 M
Shares Owned By Institutions31.79 %39.21 %
Number Of Shares Shorted71.76 K4.71 M
Price To Earning32.82 X28.72 X
Price To Book7.35 X9.51 X
Price To Sales5.18 X11.42 X
Revenue191.54 M9.43 B
Gross Profit165.7 M27.38 B
EBITDA35.74 M3.9 B
Net Income(18.28 M)570.98 M
Cash And Equivalents130.14 M2.7 B
Cash Per Share4.97 X5.01 X
Total Debt226.8 M5.32 B
Debt To Equity1.48 %48.70 %
Current Ratio0.98 X2.16 X
Book Value Per Share4.01 X1.93 K
Cash Flow From Operations58.09 M971.22 M
Short Ratio1.77 X4.00 X
Earnings Per Share(0.37) X3.12 X
Target Price28.8
Beta1.13-0.15
Market Capitalization991.77 M19.03 B
Total Asset459.38 M29.47 B
Retained Earnings(65.93 M)9.33 B
Working Capital11.05 M1.48 B
Net Asset459.38 M

NeogamesSA Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NeogamesSA . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About NeogamesSA Buy or Sell Advice

When is the right time to buy or sell NeogamesSA? Buying financial instruments such as NeogamesSA Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total42.6M217.3M226.8M238.1M
Total Assets117.3M458.4M459.4M482.3M

Use Investing Ideas to Build Portfolios

In addition to having NeogamesSA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Sports Thematic Idea Now

Sports
Sports Theme
Companies in sporting activities arena as well as manufacturers of sporting goods and sport retailers. The Sports theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sports Theme or any other thematic opportunities.
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When determining whether NeogamesSA is a strong investment it is important to analyze NeogamesSA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NeogamesSA's future performance. For an informed investment choice regarding NeogamesSA Stock, refer to the following important reports:
Check out NeogamesSA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy NeogamesSA Stock please use our How to Invest in NeogamesSA guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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Is NeogamesSA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NeogamesSA. If investors know NeogamesSA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NeogamesSA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.47)
Earnings Share
(0.37)
Revenue Per Share
5.695
Quarterly Revenue Growth
(0.31)
Return On Assets
(0.03)
The market value of NeogamesSA is measured differently than its book value, which is the value of NeogamesSA that is recorded on the company's balance sheet. Investors also form their own opinion of NeogamesSA's value that differs from its market value or its book value, called intrinsic value, which is NeogamesSA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NeogamesSA's market value can be influenced by many factors that don't directly affect NeogamesSA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NeogamesSA's value and its price as these two are different measures arrived at by different means. Investors typically determine if NeogamesSA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeogamesSA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.