Playtika Holding Corp (NASDAQ: PLTK) closed the day trading at $6.79 down -1.74% from the previous closing price of $6.91. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 840496 shares were traded.
Ratios:
For a better understanding of PLTK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.44. For the most recent quarter (mrq), Quick Ratio is recorded 2.48 and its Current Ratio is at 2.48.
On January 18, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $11 to $8.
Citigroup Upgraded its Neutral to Buy on November 21, 2023, while the target price for the stock was maintained at $11.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 28 ’23 when Chau On sold 400,000 shares for $11.89 per share. The transaction valued at 4,755,720 led to the insider holds 79,910,506 shares of the business.
Chau On sold 300,000 shares of PLTK for $3,677,670 on Jul 27 ’23. The 10% Owner now owns 80,310,506 shares after completing the transaction at $12.26 per share. On Jul 26 ’23, another insider, Chau On, who serves as the 10% Owner of the company, sold 200,000 shares for $12.23 each. As a result, the insider received 2,445,260 and left with 80,610,506 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLTK now has a Market Capitalization of 2.56B and an Enterprise Value of 4.05B. As of this moment, Playtika’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.59, and their Forward P/E ratio for the next fiscal year is 9.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98. Its current Enterprise Value per Revenue stands at 1.58 whereas that against EBITDA is 5.76.
Stock Price History:
Over the past 52 weeks, PLTK has reached a high of $12.90, while it has fallen to a 52-week low of $6.25. The 50-Day Moving Average of the stock is 7.29, while the 200-Day Moving Average is calculated to be 9.16.
Shares Statistics:
Over the past 3-months, PLTK traded about 919.02K shares per day on average, while over the past 10 days, PLTK traded about 1.26M shares per day. A total of 370.00M shares are outstanding, with a floating share count of 69.18M. Insiders hold about 81.33% of the company’s shares, while institutions hold 13.38% stake in the company. Shares short for PLTK as of Feb 29, 2024 were 4.95M with a Short Ratio of 5.38, compared to 4.06M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.33% and a Short% of Float of 21.04%.
Dividends & Splits
PLTK’s forward annual dividend rate is 0.10, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 5.80%.
Earnings Estimates
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.13, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.16, with high estimates of $0.19 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.75 and $0.53 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.71, with 13 analysts recommending between $0.87 and $0.6.
Revenue Estimates
10 analysts predict $641.59M in revenue for the current quarter. It ranges from a high estimate of $655.5M to a low estimate of $620.94M. As of the current estimate, Playtika Holding Corp’s year-ago sales were $656.2M, an estimated decrease of -2.20% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $641.5M, a decrease of -1.50% over than the figure of -$2.20% in the same quarter last year. There is a high estimate of $650.02M for the next quarter, whereas the lowest estimate is $633.02M.
A total of 13 analysts have provided revenue estimates for PLTK’s current fiscal year. The highest revenue estimate was $2.59B, while the lowest revenue estimate was $2.55B, resulting in an average revenue estimate of $2.57B. In the same quarter a year ago, actual revenue was $2.57B, up 0.20% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $2.64B in the next fiscal year. The high estimate is $2.7B and the low estimate is $2.59B. The average revenue growth estimate for next year is up 2.60% from the average revenue estimate for this year.
