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S&P 500   4,320.06
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QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
MarketBeat's Top 5 Stock Picks - Just Released (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
The UN's top tech official discusses AI, bringing the world together and what keeps him up at night
NASDAQ:MGAM

Multimedia Games (MGAM) Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$0.29
$0.34
50-Day Range
N/A
52-Week Range
$23.37
$37.00
Volume
127,002 shs
Average Volume
92,443 shs
Market Capitalization
$5.82 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.50

Multimedia Games MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
426.3% Upside
$1.50 Price Target
Short Interest
Healthy
0.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars


MGAM stock logo

About Multimedia Games (NASDAQ:MGAM) Stock

Multimedia Games Holding Company, Inc. (Multimedia Games), incorporated on August 30, 1991, is engaged in designing, manufacturing and supplying gaming machines and systems to commercial and Native American casino operators in North America, as well as, domestic and selected international lottery operators, and commercial bingo gaming facility operators. The Company's revenues are generated from the operation of gaming machines in revenue-sharing arrangements and from the sale of gaming machines and systems that features licensed game themes. Multimedia Games places its revenue-sharing machines and sells its gaming machines and systems in Class II, Class III, video lottery terminal (VLT) and electronic bingo settings. The Company has added eTables to its product portfolio with the acquisition of PokerTek, Inc. Additionally, it offers cash access and compliance solutions.


MGAM Stock News Headlines

Best RPGs On Game Boy Advance, Ranked
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MOGO Launches India Esports Campus Ambassadors Program
Nick Venezia Joins MOGO as Chief Data Officer
Mobile Global Esports Announces Share Repurchase Program
MGAM_OLD Historical Data
See More Headlines
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MGAM Company Calendar

Last Earnings
11/12/2014
Today
9/25/2023
Next Earnings (Estimated)
9/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Amusement & recreation services
Sub-Industry
Casinos & Gaming
Current Symbol
NASDAQ:MGAM
CUSIP
62545310
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.50
High Stock Price Forecast
$1.50
Low Stock Price Forecast
$1.50
Forecasted Upside/Downside
+426.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-1,290,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.44 per share

Miscellaneous

Free Float
19,380,000
Market Cap
$5.82 million
Optionable
Not Optionable
Beta
4.96
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MGAM Stock - Frequently Asked Questions

Should I buy or sell Multimedia Games stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Multimedia Games in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MGAM shares.
View MGAM analyst ratings
or view top-rated stocks.

What is Multimedia Games' stock price forecast for 2023?

1 brokerages have issued 1 year target prices for Multimedia Games' stock. Their MGAM share price forecasts range from $1.50 to $1.50. On average, they expect the company's stock price to reach $1.50 in the next year. This suggests a possible upside of 426.3% from the stock's current price.
View analysts price targets for MGAM
or view top-rated stocks among Wall Street analysts.

Are investors shorting Multimedia Games?

Multimedia Games saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 60,600 shares, a drop of 42.6% from the August 15th total of 105,600 shares. Based on an average daily trading volume, of 690,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.4% of the company's stock are sold short.
View Multimedia Games' Short Interest
.

When is Multimedia Games' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, September 25th 2023.
View our MGAM earnings forecast
.

How were Multimedia Games' earnings last quarter?

Multimedia Games Holding Company Inc (NASDAQ:MGAM) posted its quarterly earnings data on Wednesday, November, 12th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.31 by $0.05. The firm had revenue of $50.50 million for the quarter, compared to analysts' expectations of $54.80 million. Multimedia Games's quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS.

What other stocks do shareholders of Multimedia Games own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Multimedia Games investors own include Anixter International (AXE), Community Bank System (CBU), Blue Bird (BLBD), Beazley (BEZ), Barratt Developments (BDEV), BBA Aviation (BBA), Barclays (BARC), AXA (AXAHY), American Vanguard (AVD) and Amkor Technology (AMKR).

When did Multimedia Games IPO?

(MGAM) raised $6 million in an initial public offering (IPO) on Friday, July 29th 2022. The company issued 1,500,000 shares at a price of $4.00 per share. WestPark Capital Inc. acted as the underwriter for the IPO.

What is Multimedia Games' stock symbol?

Multimedia Games trades on the NASDAQ under the ticker symbol "MGAM."

What is Multimedia Games' stock price today?

One share of MGAM stock can currently be purchased for approximately $0.29.

How much money does Multimedia Games make?

Multimedia Games (NASDAQ:MGAM) has a market capitalization of $5.82 million.

How can I contact Multimedia Games?

Multimedia Games' mailing address is 7250 S Tenaya Way Ste 100, LAS VEGAS, NV 89113-2175, United States. The official website for the company is www.mogoesports.com. The company can be reached via phone at 949-573-0628.

This page (NASDAQ:MGAM) was last updated on 9/25/2023 by MarketBeat.com Staff

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