Playtika Holding Corp. (NASDAQ:PLTK - Free Report) - Analysts at Roth Capital reduced their Q1 2025 earnings estimates for shares of Playtika in a research note issued to investors on Tuesday, April 29th. Roth Capital analyst E. Handler now forecasts that the company will earn $0.11 per share for the quarter, down from their prior estimate of $0.12. The consensus estimate for Playtika's current full-year earnings is $0.65 per share. Roth Capital also issued estimates for Playtika's Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.15 EPS and Q4 2025 earnings at $0.16 EPS.
Several other equities research analysts also recently issued reports on PLTK. Bank of America raised Playtika from an "underperform" rating to a "buy" rating and raised their price target for the company from $6.00 to $6.50 in a report on Wednesday, March 26th. Morgan Stanley dropped their price objective 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. Wedbush reiterated an "outperform" rating and set a $11.50 price target on shares of Playtika in a report on Friday. Robert W. Baird reaffirmed a "neutral" rating and issued a $6.00 target price (down previously from $9.00) on shares of Playtika in a report on Friday, February 28th. Finally, Macquarie reduced their price target on Playtika from $7.00 to $6.00 and set a "neutral" rating on the stock in a report on Friday, February 28th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $7.78.
View Our Latest Stock Report on PLTK
Playtika Trading Up 0.1 %
Shares of NASDAQ PLTK traded up $0.01 during mid-day trading on Wednesday, hitting $5.45. The company had a trading volume of 427,743 shares, compared to its average volume of 1,123,521. The company has a market capitalization of $2.04 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 1.69 and a beta of 0.91. The firm has a 50-day simple moving average of $4.99 and a two-hundred day simple moving average of $6.68. Playtika has a one year low of $3.97 and a one year high of $9.16.
Hedge Funds Weigh In On Playtika
Hedge funds and other institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Playtika by 23,814.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 666,487 shares of the company's stock valued at $4,592,000 after purchasing an additional 663,700 shares during the period. Russell Investments Group Ltd. lifted its stake in Playtika by 43.4% in the fourth quarter. Russell Investments Group Ltd. now owns 260,040 shares of the company's stock valued at $1,812,000 after buying an additional 78,716 shares during the period. Sei Investments Co. lifted its position in shares of Playtika by 341.2% during the 4th quarter. Sei Investments Co. now owns 76,403 shares of the company's stock valued at $530,000 after acquiring an additional 59,084 shares during the period. SG Americas Securities LLC boosted its stake in Playtika by 76.2% during the fourth quarter. SG Americas Securities LLC now owns 175,008 shares of the company's stock worth $1,215,000 after acquiring an additional 75,702 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Playtika by 102.7% in the third quarter. JPMorgan Chase & Co. now owns 80,150 shares of the company's stock worth $635,000 after purchasing an additional 40,604 shares during the period. Institutional investors and hedge funds own 11.94% of the company's stock.
Playtika Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 21st were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date of this dividend was Friday, March 21st. Playtika's dividend payout ratio is presently 90.91%.
Playtika Company Profile
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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.
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