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After finishing at $6.88 in the prior trading day, Playtika Holding Corp (NASDAQ: PLTK) closed at $6.90, up 0.29%. In other words, the price has increased by $0.29 from its previous closing price. On the day, 0.8 million shares were traded. PLTK stock price reached its highest trading level at $6.95 during the session, while it also had its lowest trading level at $6.84.
Ratios:
Our goal is to gain a better understanding of PLTK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.53. 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 2557478144 and an Enterprise Value of 4030976768. As of this moment, Playtika’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.76, and their Forward P/E ratio for the next fiscal year is 9.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00. Its current Enterprise Value per Revenue stands at 1.57 whereas that against EBITDA is 5.851.
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 -3.45%, while the 200-Day Moving Average is calculated to be -21.87%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 1004620 shares per day over the last 10 days, according to various share statistics. 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 13.43% stake in the company. Shares short for PLTK as of 1711584000 were 5448038 with a Short Ratio of 5.33, compared to 1709164800 on 4947591. Therefore, it implies a Short% of Shares Outstanding of 5448038 and a Short% of Float of 23.169999999999998.
Earnings Estimates
Playtika Holding Corp (PLTK) is presently subject to a detailed evaluation by Palantir Technologies Inc. analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $6.90, with high estimates of $104.20 and low estimates of $10.86.
Analysts are recommending an EPS of between $Consumer Cyclical and $Technology for the fiscal current year, implying an average EPS of $Communication Services.
