Playtika (PLTK) Stock Price, News & Analysis

Company Overview

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms. Playtika Holding Corp. was founded in 2010 and is headquartered in Herzliya Pituach, Israel. Playtika Holding Corp. is a subsidiary of Playtika Holding UK II Limited.

Key Stats

• Today's Range: $6.70 to $6.84
• 50-Day Range: $6.72 to $8.62
• 52-Week Range: $6.25 to $9.15
• Volume: 655,891 shs
• Average Volume: 858,410 shs
• Market Capitalization: $2.50 billion
• P/E Ratio: 11.59
• Dividend Yield: 5.95%
• Price Target: $9.00
• Consensus Rating: Hold

Playtika Stock Analysis - MarketRank™

Playtika scored higher than 83% of companies evaluated by MarketBeat, and ranked 57th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Playtika has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Playtika has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.15%

Earnings Growth

Earnings for Playtika are expected to grow by 6.15% in the coming year, from $0.65 to $0.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Playtika is 11.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Playtika is 11.59, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.45.

Price to Earnings Growth Ratio

Playtika has a PEG Ratio of 1.97. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.37% of the float of Playtika has been sold short.

Short Interest Ratio / Days to Cover

Playtika has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Playtika has recently decreased by 4.26%, indicating that investor sentiment is improving.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Playtika is a leading dividend payer. It pays a dividend yield of 5.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Playtika does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Playtika is 68.97%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Playtika will have a dividend payout ratio of 57.97% next year. This indicates that Playtika will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.1 / 5
• Environmental Score: -0.86

Percentage of Shares Shorted

5.37% of the float of Playtika has been sold short.

Short Interest Ratio / Days to Cover

Playtika has a short interest ratio ("days to cover") of 5.2.

Change versus previous month

Short interest in Playtika has recently decreased by 4.26%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.60

News Sentiment

Playtika has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Playtika this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for PLTK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Playtika to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Playtika insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,239,985.00 in company stock.

Percentage Held by Insiders

Only 4.80% of the stock of Playtika is held by insiders.

Percentage Held by Institutions

Only 11.94% of the stock of Playtika is held by institutions.

PLTK Stock Analysis - Frequently Asked Questions

How have PLTK shares performed this year?

Playtika's stock was trading at $8.72 at the start of the year. Since then, PLTK stock has decreased by 22.9% and is now trading at $6.72.
View the best growth stocks for 2024 here.

How were Playtika's earnings last quarter?

Playtika Holding Corp. (NASDAQ:PLTK) released its quarterly earnings data on Thursday, November, 7th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.07. The company's revenue for the quarter was down 1.5% on a year-over-year basis.

When did Playtika IPO?

Playtika (PLTK) raised $1.6 billion in an initial public offering on Friday, January 15th 2021. The company issued 69,500,000 shares at a price of $22.00-$24.00 per share. Morgan Stanley, Credit Suisse, Citigroup, Goldman Sachs, UBS Investment Bank and BofA Securities acted as the underwriters for the IPO and Baird, Cowen, Stifel and Wedbush Securities were co-managers.

Who are Playtika's major shareholders?

Top institutional shareholders of Playtika include Pacer Advisors Inc. (2.76%), The Manufacturers Life Insurance Company (0.72%), Geode Capital Management LLC (0.36%) and FMR LLC (0.36%). Insiders that own company stock include Holding Uk Ltd Playtika II, On Chau, Gili Brudno and Dana Rebecca Gross.
View institutional ownership trends.

How do I buy shares of Playtika?

Shares of PLTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Playtika own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Playtika investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 10/4 Dividend: 9/20/2024
• Dividend Payable: 10/04/2024
• Last Earnings: 11/07/2024
• Ex-Dividend for 1/3 Dividend: 12/20/2024
• Today: 12/26/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:PLTK
• CUSIP: N/A
• CIK: 1828016
• Web: www.playtika.com
• Phone: 972-73-316-3251
• Fax: N/A
• Employees: 3,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $9.00
• High Stock Price Target: $11.50
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +32.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.58
• Trailing P/E Ratio: 11.74
• Forward P/E Ratio: 10.48
• P/E Growth: 1.97
• Net Income: $235 million
• Net Margins: 8.52%
• Pretax Margin: 13.65%
• Return on Equity: -144.73%
• Return on Assets: 6.99%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.25
• Quick Ratio: 3.25

Sales & Book Value

• Annual Sales: $2.54 billion
• Price / Sales: 1.00
• Cash Flow: $1.07 per share
• Price / Cash Flow: 6.36
• Book Value: ($0.60) per share
• Price / Book: -11.35

Miscellaneous

• Outstanding Shares: 372,713,000
• Free Float: 354,823,000
• Market Cap: $2.54 billion
• Optionable: Optionable
• Beta: 0.88