Wedbush Weighs in on Playtika's Q2 Earnings (NASDAQ:PLTK)

Playtika Holding Corp. (NASDAQ:PLTK - Free Report) - Equities research analysts at Wedbush issued their Q2 2025 earnings per share (EPS) estimates for Playtika in a report issued on Tuesday, July 1st. Wedbush analyst A. Reese forecasts that the company will earn $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.

A number of other research analysts also recently commented on PLTK. Morgan Stanley reduced their price target on Playtika from $7.25 to $5.75 and set an "equal weight" rating for the company in a report on Thursday, April 17th. Bank of America raised Playtika from an "underperform" rating to a "buy" rating and increased their price target for the company from $6.00 to $6.50 in a report on Wednesday, March 26th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Playtika has an average rating of "Moderate Buy" and a consensus target price of $7.68.

Playtika Stock Down 2.4%

Shares of NASDAQ PLTK traded down $0.12 on Friday, hitting $4.84. The company had a trading volume of 1,687,214 shares, compared to its average volume of 1,241,957. Playtika has a 12-month low of $3.97 and a 12-month high of $8.80. The business has a 50 day moving average of $4.88 and a two-hundred day moving average of $5.65. The firm has a market capitalization of $1.82 billion, a P/E ratio of 12.74, a PEG ratio of 1.32 and a beta of 0.85.

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

Playtika Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 7th. Shareholders of record on Monday, June 23rd will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 8.26%. The ex-dividend date is Monday, June 23rd. Playtika's payout ratio is currently 105.26%.

Insider Transactions at Playtika

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 150,869 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $4.77, for a total transaction of $719,645.13. Following the sale, the insider owned 199,359,642 shares in the company, valued at $950,945,492.34. This represents a 0.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 739,922 shares of company stock worth $3,548,194 in the last 90 days. Corporate insiders own 5.10% of the company's stock.

Institutional Trading of Playtika

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Acadian Asset Management LLC raised its position in shares of Playtika by 366.2% during the 1st quarter. Acadian Asset Management LLC now owns 1,547,829 shares of the company's stock worth $7,989,000 after purchasing an additional 1,215,843 shares during the period. Jane Street Group LLC raised its position in shares of Playtika by 536.3% during the 1st quarter. Jane Street Group LLC now owns 1,354,552 shares of the company's stock worth $7,003,000 after purchasing an additional 1,141,685 shares during the period. Fred Alger Management LLC acquired a new stake in shares of Playtika during the 1st quarter worth approximately $268,000. Petrus Trust Company LTA acquired a new stake in shares of Playtika during the 1st quarter worth approximately $363,000. Finally, New Vernon Capital Holdings II LLC acquired a new stake in shares of Playtika during the 1st quarter worth approximately $849,000. 11.94% of the stock is currently owned by institutional investors and hedge funds.

Playtika Company Profile

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.