PLAYSTUDIOS (MYPS) Expected to Announce Quarterly Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $64.45 million for the quarter.

PLAYSTUDIOS Trading Up 5.5 %

MYPS traded up $0.07 during midday trading on Friday, reaching $1.35. The company's stock had a trading volume of 115,363 shares, compared to its average volume of 216,060. The company has a fifty day simple moving average of $1.33 and a 200 day simple moving average of $1.62. The stock has a market cap of $180.18 million, a P/E ratio of -7.11, a PEG ratio of 17.60 and a beta of 0.90. PLAYSTUDIOS has a twelve month low of $1.14 and a twelve month high of $2.55.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Macquarie dropped their target price on shares of PLAYSTUDIOS from $2.00 to $1.50 and set a "neutral" rating on the stock in a research report on Wednesday, March 12th. Benchmark restated a "hold" rating on shares of PLAYSTUDIOS in a research report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $3.20.

Insider Buying and Selling

In other PLAYSTUDIOS news, CFO Scott Edward Peterson sold 29,601 shares of the firm's stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $1.26, for a total transaction of $37,297.26. Following the completion of the transaction, the chief financial officer now owns 504,397 shares in the company, valued at $635,540.22. This trade represents a 5.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 14.29% of the stock is owned by company insiders.

About PLAYSTUDIOS

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.