NeoGames downgraded by Jefferies with a new price target
$NGMS
Services-Misc. Amusement & Recreation
Consumer Discretionary
Jefferies downgraded NeoGames from Buy to Hold and set a new price target of $29.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/14/2023 | $29.50 | Buy → Hold | Jefferies |
| 8/10/2023 | $29.50 | Buy → Hold | Deutsche Bank |
| 12/1/2022 | $174.00 | Buy | Deutsche Bank |
| 11/18/2022 | $16.00 | Underperform | BofA Securities |
| 3/31/2022 | $20.00 | Buy | Jefferies |
SC 13D/A - Neo Group Ltd (0001821349) (Subject)
SC 13G/A - NeoGames S.A. (0001821349) (Subject)
SC 13D - NeoGames S.A. (0001821349) (Subject)
15-12G - Neo Group Ltd (0001821349) (Filer)
20-F - NeoGames S.A. (0001821349) (Filer)
6-K - NeoGames S.A. (0001821349) (Filer)
– Full Year 2023 Revenues and Share of NPI Revenues Interest total $254.6 million –– Full Year 2023 Net Loss of $18.3 million and Adjusted Net Income, after taking effect of the amortization of Aspire intangibles, was $12.8 million –– Full Year 2023 Adjusted EBITDA total $76.2 million, an increase of 39.8% year-over-year –– Expected Timeline for Completion of the Aristocrat Business Combination during the second quarter 2024 – LUXEMBOURG, March 06, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the fourth quarter and year ended December 31,
– Third Quarter Revenues and Share of NPI Revenues Interest total $63.3 million – – Third Quarter Net Loss of $3.6 million and Adjusted Net Income, after taking effect of the amortization of Aspire intangibles, was $4.4 million – – Third Quarter Adjusted EBITDA total $19.9 million, an increase of 13% year-over-year – – Expected Timeline for Completion of the Aristocrat Business Combination Remains the First Half of 2024 – LUXEMBOURG, Nov. 08, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the third quarter ended Se
– Second Quarter Revenues and Share of NPI Revenues Interest total $62.0 million, up 98.2% year-over-year – – Expected Timeline for Completion of the Aristocrat Business Combination Remains the First Half of 2024 – LUXEMBOURG, Aug. 09, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the second quarter ended June 30, 2023. Moti Malul, Chief Executive Officer of NeoGames, said: "We are very pleased with the achievements and partnerships that defined and drove our second quarter results. Our continued commitment to innovation and excellence ha
Jefferies downgraded NeoGames from Buy to Hold and set a new price target of $29.50
Deutsche Bank downgraded NeoGames from Buy to Hold and set a new price target of $29.50
Deutsche Bank initiated coverage of NeoGames with a rating of Buy and set a new price target of $174.00
LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Neo Group Ltd. (formerly known as NeoGames S.A.) (NASDAQ:NGMS) ("Neo" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that Aristocrat Leisure Limited (ASX: ALL) ("Aristocrat"), an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction (the "Transaction"), representing an enterprise value of approximately $1.2 billion for Neo. "We are excited to have successfully closed this transaction and joined fo
LUXEMBOURG, April 18, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A (NASDAQ:NGMS) (the "Company"), a technology-driven provider of end-to-end iGaming and iLottery solutions, today confirmed that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited (ASX: ALL) ("Aristocrat") have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder vote. NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the Acquisition. Th
LUXEMBOURG, April 17, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A (NASDAQ:NGMS), a technology-driven provider of end-to-end iGaming and iLottery solutions, has made a key appointment to the leadership team of its iLottery business unit with Christopher Shaban becoming Managing Director, iLottery. This is the latest phase of NeoGames' organizational restructure to support its upcoming plans as the company progresses towards the closing of its acquisition by Aristocrat, expected in the second quarter of fiscal year 2024. With his appointment effective immediately, Shaban will oversee all iLottery activity for the NeoGames Group globally, including new business, customer growth, the continued glo
LUXEMBOURG, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, has significantly enhanced its senior leadership team in North America following the appointment of Robert Wesley as the company's new Vice President of North American Customer Development, effective August 1. Wesley joins NeoGames after 25 successful years at the Virginia Lottery, where over the course of his tenure, he held a number of significant positions, with his most recent being Deputy Executive Director of Lottery. Under his leadership, Virginia's iLottery program became the top performing U.S. jurisdic
LUXEMBOURG, June 07, 2021 (GLOBE NEWSWIRE) -- NeoGames S.A., (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery solutions, today announced the appointment of Christopher G. Shaban as Executive Vice President of Sales, Marketing and Customer Development, effective June 7th. Mr. Shaban brings over 24 years of global lottery industry experience, including expertise across all elements of lottery authorization, contracting, operations, and business development. Mr. Shaban will join NeoGames Management team and will assume global responsibilities for new sales initiatives, government relations, customer development and growth, as well as marketing
LUXEMBOURG, Jan. 20, 2021 (GLOBE NEWSWIRE) -- NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery solutions, announced today the appointment of Lisbeth McNabb to its board of directors as a Non-executive director. The appointment is effective immediately. Ms. McNabb will serve as chairperson on the board’s audit committee and a member of its compensation and nominating and corporate governance committees. With the addition, the board expands to six members. Ms. McNabb has deep experience as a creative strategist and operational leader skilled in developing solutions to meet competitive, customer and business objectives in environ