Playtika Holding Corp (NASDAQ: PLTK) Disappoints Wall Street With 0.42% Stock Price Gain

Playtika Holding Corp (NASDAQ:PLTK) has a beta value of 0.91 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $1.85B, closed the recent trade at $4.92 per share which meant it gained $0.02 on the day or 0.42% during that session. The PLTK stock price is -85.98% off its 52-week high price of $9.15 and 19.31% above the 52-week low of $3.97. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.76 million shares traded. The 3-month trading volume is 1.99 million shares.

The consensus among analysts is that Playtika Holding Corp (PLTK) is Buy stock at the moment, with a recommendation rating of 2.07. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 6 out of 17 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.18.

Playtika Holding Corp (NASDAQ:PLTK) trade information

Sporting 0.42% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PLTK stock price touched $4.92 or saw a rise of 4.47%. Year-to-date, Playtika Holding Corp shares have moved -29.10%, while the 5-day performance has seen it change -3.33%. Over the past 30 days, the shares of Playtika Holding Corp (NASDAQ:PLTK) have changed 11.58%. Short interest in the company has seen 6.07 million shares shorted with days to cover at 1.82.

Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 18.0% from the levels at last check today.. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the latest price level in today’s session is -21.95% off the targeted high while a plunge would see the stock gain -21.95% from the levels at last check today..

Playtika Holding Corp (PLTK) estimates and forecasts

The company’s shares have lost -34.91% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 11.12%.

9 analysts offering their estimates for the company have set an average revenue estimate of 699.67M for the current quarter. 9 have an estimated revenue figure of 705.26M for the next ending quarter. Year-ago sales stood 651.2M and 627M respectively for this quarter and the next, and analysts expect sales will grow by 7.44% for the current quarter and 11.12% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -9.18% over the past 5 years. Earnings growth for 2025 is a modest 23.53% while over the next 5 years, the company’s earnings are expected to increase by 15.95%.

PLTK Dividends

Playtika Holding Corp is expected to release its next earnings report on 2025-Feb-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 8.13%. The company’s dividend yield has gone up over the past 12 months.

Playtika Holding Corp (NASDAQ:PLTK)’s Major holders

Insiders own 85.90% of the company shares, while shares held by institutions stand at 16.96% with a share float percentage of 120.35%. Investors are also buoyed by the number of investors in a company, with Playtika Holding Corp having a total of 273.0 institutions that hold shares in the company. The top two institutional holders are PACER ADVISORS, INC. with over 9.42 million shares worth more than $74.14 million. As of 2024-06-30, PACER ADVISORS, INC. held 2.5364% of shares outstanding.

The other major institutional holder is AQR CAPITAL MANAGEMENT LLC, with the holding of over 7.84 million shares as of 2024-06-30. The firm’s total holdings are worth over $61.67 million and represent 2.1151% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Pacer Funds Trust-Pacer US Cash Cows 100 ETF and John Hancock Investment Trust-John Hancock Small Cap Core Fund . As of Jan 31, 2025 , the former fund manager holds about 2.99% shares in the company for having 11.23 shares of worth $54.82 million while later fund manager owns 2.88 shares of worth $14.06 million as of Mar 31, 2025 , which makes it owner of about 0.77% of company’s outstanding stock.