In the last trading session, 2.61 million shares of the Playtika Holding Corp (NASDAQ:PLTK) were traded, and its beta was 1.01. Most recently the company’s share price was $4.40, and it changed around -$0.01 or -0.23% from the last close, which brings the market valuation of the company to $1.65B. PLTK currently trades at a discount to its 52-week high of $9.15, offering almost -107.95% off that amount. The share price’s 52-week low was $3.97, which indicates that the current value has risen by an impressive 9.77% since then. We note from Playtika Holding Corp’s average daily trading volume that its 10-day average is 4.27 million shares, with the 3-month average coming to 1.58 million.
Playtika Holding Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.46. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 8 recommended PLTK as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Playtika Holding Corp is expected to report earnings per share of 0.18 for the current quarter.
Playtika Holding Corp (NASDAQ:PLTK) trade information
Instantly PLTK has showed a red trend with a performance of -0.23% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.74 on recent trading dayincreased the stock’s daily price by 7.17%. The company’s shares are currently down -36.60% year-to-date, but still down -4.14% over the last five days. On the other hand, Playtika Holding Corp (NASDAQ:PLTK) is -36.87% down in the 30-day period. We can see from the shorts that 5.15 million shares have been sold at a short interest cover period of 5.15 day(s).
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 26.67% from its current value. Analyst projections state that PLTK is forecast to be at a low of $6 and a high of $6.
Playtika Holding Corp (PLTK) estimates and forecasts
The year-over-year growth rate is expected to be 11.09%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 699.67M in revenue for the current quarter. 9 analysts expect Playtika Holding Corp to make 705.26M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 651.2M and 627M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 7.44%. Forecasts for the next quarter put sales growth at 12.48%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -9.18%. Playtika Holding Corp earnings are expected to increase by 23.88% in 2025, but the outlook is positive 16.17% per year for the next five years.
PLTK Dividends
Playtika Holding Corp’s next quarterly earnings report is expected to be released on 2025-Feb-26. The annual dividend yield of the stock is 9.09 percent and its annual dividend per share was 0.40. It is important to note, however, that the 9.09% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Playtika Holding Corp (NASDAQ:PLTK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 85.90% of Playtika Holding Corp shares, and 16.91% of them are in the hands of institutional investors. The stock currently has a share float of 119.97%. Playtika Holding Corp stock is held by 270.0 institutions, with PACER ADVISORS, INC. being the largest institutional investor. By 2024-06-30, it held 2.5364% of the shares, which is about 9.42 million shares worth $74.14 million.
AQR CAPITAL MANAGEMENT LLC, with 2.1151% or 7.84 million shares worth $61.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Pacer US Cash Cows 100 ETF and John Hancock Small Cap Core Fund were the top two Mutual Funds as of Oct 31, 2024 . The former held 10.29 shares worth $45.28 million, making up 2.74% of all outstanding shares. On the other hand, John Hancock Small Cap Core Fund held roughly 2.88 shares worth around $12.68 million, which represents about 0.77% of the total shares outstanding.
