PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) posted its quarterly earnings results on Monday. The company reported ($0.05) earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.09, Zacks reports. PLAYSTUDIOS had a negative net margin of 8.75% and a negative return on equity of 9.15%. The firm had revenue of $67.78 million for the quarter, compared to the consensus estimate of $67.42 million. PLAYSTUDIOS updated its FY 2025 guidance to EPS.
PLAYSTUDIOS Stock Performance
NASDAQ:MYPS traded up $0.05 on Friday, hitting $1.20. 64,185 shares of the stock were exchanged, compared to its average volume of 229,641. The stock has a market capitalization of $149.00 million, a price-to-earnings ratio of -6.29, a P/E/G ratio of 17.60 and a beta of 0.81. PLAYSTUDIOS has a 52 week low of $1.14 and a 52 week high of $3.04. The company's 50-day moving average price is $1.71 and its 200 day moving average price is $1.68.
Wall Street Analysts Forecast Growth
MYPS has been the subject of a number of research analyst reports. Macquarie cut their target price on shares of PLAYSTUDIOS from $2.00 to $1.50 and set a "neutral" rating for the company in a research note on Wednesday. Benchmark restated a "hold" rating on shares of PLAYSTUDIOS in a report on Tuesday. Finally, JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of PLAYSTUDIOS in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $3.20.
Check Out Our Latest Analysis on MYPS
PLAYSTUDIOS Company Profile
(
Get Free Report)
PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.
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