What shareholders can do to beat the market with Playtika Holding Corp. (PLTK) stock

As of close of business last night, Playtika Holding Corp.’s stock clocked out at 10.44, up 0.87% from its previous closing price of $10.35. In other words, the price has increased by $+0.09 from its previous closing price. On the day, 4332728 shares were traded. PLTK reached its highest trading level at $10.66 during the session, while it also had its lowest trading level at $10.10.

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Ratios:

To gain a deeper understanding of PLTK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.28. For the most recent quarter (mrq), Quick Ratio is recorded 2.40 and its Current Ratio is at 2.40.

Upgrades & Downgrades

On August 05, 2022, MKM Partners Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $17 to $13.50.

Goldman Downgraded its Buy to Neutral on April 19, 2022, whereas the target price for the stock was revised from $27 to $22.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 17 when Antokol Robert bought 150,000 shares for $21.62 per share. The transaction valued at 3,243,345 led to the insider holds 16,004,800 shares of the business.

Valuation Measures:

As of this moment, Playtika’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.20, and their Forward P/E ratio for the next fiscal year is 13.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 45.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72.

Stock Price History:

Over the past 52 weeks, PLTK has reached a high of $30.00, while it has fallen to a 52-week low of $9.84. The 50-Day Moving Average of the stock is 11.55, while the 200-Day Moving Average is calculated to be 15.41.

Shares Statistics:

It appears that PLTK traded 2.45M shares on average per day over the past three months and 4.05M shares per day over the past ten days. A total of 412.40M shares are outstanding, with a floating share count of 69.52M. Insiders hold about 83.15% of the company’s shares, while institutions hold 19.00% stake in the company. Shares short for PLTK as of Jul 14, 2022 were 10.51M with a Short Ratio of 2.92, compared to 7.85M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.55% and a Short% of Float of 12.43%.

Earnings Estimates

As of right now, 12 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.15, while EPS last year was $0.22. The consensus estimate for the next quarter is $0.2, with high estimates of $0.23 and low estimates of $0.15.

Analysts are recommending an EPS of between $0.93 and $0.65 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $0.91, with 12 analysts recommending between $1.06 and $0.71.

Revenue Estimates

A total of 12 analysts have provided revenue estimates for PLTK’s current fiscal year. The highest revenue estimate was $2.76B, while the lowest revenue estimate was $2.67B, resulting in an average revenue estimate of $2.73B. In the same quarter a year ago, actual revenue was $2.58B, up 5.60% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $2.9B in the next fiscal year. The high estimate is $2.98B and the low estimate is $2.76B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.