What is Wedbush's Forecast for Playtika Q2 Earnings?

Playtika Holding Corp. (NASDAQ:PLTK - Free Report) - Investment analysts at Wedbush issued their Q2 2025 EPS estimates for shares of Playtika in a report issued on Tuesday, July 1st. Wedbush analyst A. Reese anticipates that the company will post earnings of $0.15 per share for the quarter. Wedbush has a "Strong-Buy" rating on the stock. The consensus estimate for Playtika's current full-year earnings is $0.65 per share. Wedbush also issued estimates for Playtika's Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.15 EPS, FY2025 earnings at $0.52 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.20 EPS, FY2026 earnings at $0.71 EPS and FY2027 earnings at $0.73 EPS.

PLTK has been the subject of several other reports. Bank of America raised shares of Playtika from an "underperform" rating to a "buy" rating and raised their price target for the stock from $6.00 to $6.50 in a research note on Wednesday, March 26th. Morgan Stanley decreased their price target on shares of Playtika from $7.25 to $5.75 and set an "equal weight" rating for the company in a research note on Thursday, April 17th. Finally, Citigroup decreased their price target on shares of Playtika from $10.00 to $9.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $7.68.

Playtika Price Performance

Shares of PLTK traded down $0.04 during mid-day trading on Friday, hitting $4.97. 738,080 shares of the company's stock were exchanged, compared to its average volume of 1,238,778. The company has a market cap of $1.86 billion, a PE ratio of 10.78, a P/E/G ratio of 1.32 and a beta of 0.85. Playtika has a 52 week low of $3.97 and a 52 week high of $8.80. The company has a 50-day simple moving average of $4.89 and a 200 day simple moving average of $5.68.

Playtika (NASDAQ:PLTK - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.02). The company had revenue of $706.00 million during the quarter, compared to the consensus estimate of $699.67 million. Playtika had a net margin of 5.37% and a negative return on equity of 149.09%. The company's revenue was up 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 earnings per share.

Hedge Funds Weigh In On Playtika

Several hedge funds and other institutional investors have recently made changes to their positions in PLTK. Covestor Ltd lifted its holdings in Playtika by 11.4% during the 4th quarter. Covestor Ltd now owns 14,103 shares of the company's stock valued at $98,000 after purchasing an additional 1,447 shares during the last quarter. Sterling Capital Management LLC lifted its holdings in Playtika by 57.2% during the 4th quarter. Sterling Capital Management LLC now owns 4,216 shares of the company's stock valued at $29,000 after purchasing an additional 1,534 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Playtika by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 536,945 shares of the company's stock valued at $3,726,000 after purchasing an additional 1,639 shares during the last quarter. SummerHaven Investment Management LLC lifted its holdings in Playtika by 2.0% during the 1st quarter. SummerHaven Investment Management LLC now owns 103,334 shares of the company's stock valued at $534,000 after purchasing an additional 2,006 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in Playtika by 3.0% during the 4th quarter. Invesco Ltd. now owns 78,390 shares of the company's stock valued at $544,000 after purchasing an additional 2,304 shares during the last quarter. 11.94% of the stock is owned by institutional investors.

Insider Buying and Selling at Playtika

In related news, major shareholder Holding Uk Ltd Playtika II sold 389,053 shares of the firm's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $4.70, for a total value of $1,828,549.10. Following the completion of the transaction, the insider directly owned 199,510,511 shares of the company's stock, valued at approximately $937,699,401.70. This trade represents a 0.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 739,922 shares of company stock valued at $3,548,194 over the last three months. 5.10% of the stock is currently owned by company insiders.

Playtika Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 7th. Investors of record on Monday, June 23rd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $0.40 annualized dividend and a dividend yield of 8.06%. Playtika's dividend payout ratio is presently 105.26%.

About Playtika

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.