Playtika Holding Corp. (NASDAQ:PLTK) Receives Average Rating of "Hold" from Brokerages

Key Points

• Playtika has an average analyst rating of Hold from five firms (1 sell, 3 holds, 1 buy) with an average 12‑month price target of $4.10.
• In its latest quarter Playtika reported a sizable EPS miss of -$0.82 versus $0.14 expected, while revenue rose to $678.8M (beat) and was up 4.4% year‑over‑year; profitability remains negative (ROE -114.29%, net margin -7.49%).
• Shares trade around $3.40 with a market cap of $1.29 billion, a 12‑month range of $2.64–$5.59 and a negative P/E of -6.30, reflecting mixed valuation and momentum (50‑day SMA $3.08 vs 200‑day SMA $3.56).

Playtika Holding Corp. (NASDAQ:PLTK - Get Free Report) has received an average rating of "Hold" from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $4.10.

A number of brokerages have issued reports on PLTK. Wedbush lowered Playtika from an "outperform" rating to a "neutral" rating and set a $3.00 price target for the company. in a research note on Monday, March 2nd. Wall Street Zen lowered Playtika from a "buy" rating to a "hold" rating in a research note on Sunday, January 25th. The Goldman Sachs Group decreased their price target on Playtika from $4.75 to $4.25 and set a "neutral" rating for the company in a research note on Monday, March 2nd. Citigroup decreased their price target on Playtika from $7.00 to $5.50 and set a "buy" rating for the company in a research note on Friday, February 20th. Finally, Weiss Ratings lowered Playtika from a "hold (c-)" rating to a "sell (d)" rating in a research note on Monday, March 2nd.

Playtika Price Performance

Shares of PLTK stock opened at $3.40 on Monday. Playtika has a 12-month low of $2.64 and a 12-month high of $5.59. The firm has a market capitalization of $1.29 billion, a price-to-earnings ratio of -6.30 and a beta of 0.88. The business has a 50 day simple moving average of $3.08 and a 200 day simple moving average of $3.56.

Playtika (NASDAQ:PLTK - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.96). Playtika had a negative return on equity of 114.29% and a negative net margin of 7.49%.The business had revenue of $678.80 million during the quarter, compared to the consensus estimate of $660.32 million. During the same period last year, the company earned ($0.04) earnings per share. The business's quarterly revenue was up 4.4% compared to the same quarter last year. On average, equities analysts anticipate that Playtika will post 0.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Playtika

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new position in Playtika during the 4th quarter valued at $32,000. Signaturefd LLC increased its holdings in shares of Playtika by 129.8% in the fourth quarter. Signaturefd LLC now owns 9,113 shares of the company's stock valued at $36,000 after buying an additional 5,147 shares in the last quarter. Comerica Bank lifted its position in shares of Playtika by 278.9% during the 4th quarter. Comerica Bank now owns 9,108 shares of the company's stock valued at $36,000 after acquiring an additional 6,704 shares during the last quarter. Jackson Thornton Wealth Management LLC acquired a new stake in shares of Playtika during the 3rd quarter valued at $38,000. Finally, ProShare Advisors LLC acquired a new position in shares of Playtika in the 4th quarter worth $41,000. 11.94% of the stock is owned by institutional investors.

Playtika Company Profile

Playtika Ltd. NASDAQ: PLTK is a leading developer and publisher of free-to-play mobile and social games. Established in 2010 and headquartered in Herzliya, Israel, the company has built a reputation for creating engaging, social casino and casual gaming experiences. Playtika's platform leverages data-driven analytics and in-game community features to drive player retention and monetization across multiple titles.

The company's diverse portfolio includes flagship social casino games such as Slotomania, Bingo Blitz and Caesars Casino, as well as skill-based and casual offerings like World Series of Poker and House of Fun.

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