NASDAQ:PLTK

Playtika (PLTK) Stock Forecast, Price & News

$9.63

+0.07 (+0.73%)

(As of 09/29/2023 ET)

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Today's Range: $9.59
▼
$9.71
50-Day Range: $9.38
▼
$12.34
52-Week Range: $7.81
▼
$12.90

Volume: 591,799 shs
Average Volume: 1.35 million shs
Market Capitalization: $3.53 billion

P/E Ratio: 11.33
Dividend Yield: N/A
Price Target: $14.55

Playtika MarketRank™ Forecast

Analyst Rating: Hold
2.31 Rating Score
Upside/Downside: 51.0% Upside
$14.55 Price Target
Short Interest: Healthy
0.92% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.86
Upright™ Environmental Score
News Sentiment: 1.17
Based on 5 Articles This Week
Insider Trading: Selling Shares
$7.20 M Sold Last Quarter
Proj. Earnings Growth: 5.81%
From $0.86 to $0.91 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

Consumer Discretionary Sector

172nd out of 273 stocks

Data Processing & Preparation Industry

37th out of 60 stocks

3.2

Analyst's Opinion

Consensus Rating
Playtika has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 4 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.55, Playtika has a forecasted upside of 51.0% from its current price of $9.63.
Amount of Analyst Coverage
Playtika has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.92% of the float of Playtika has been sold short.
Short Interest Ratio / Days to Cover
Playtika has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Playtika has recently increased by 22.63%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Playtika does not currently pay a dividend.
Dividend Growth
Playtika does not have a long track record of dividend growth.

1.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Playtika has received a -44.26% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Physical diseases", and "Relationships". The negative contribution in the "Physical diseases" impact category seems to be driven mostly by its "Free-to-play single-player mobile construction simulation games for entertainment", "Free-to-play single-player mobile beat 'em up action games for entertainment", and "Free-to-play single-player mobile interactive story adventure games for entertainment" products. See details.
Environmental Sustainability
The Environmental Impact score for Playtika is -0.86.

4.0

News and Social Media Coverage

News Sentiment
Playtika has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Playtika this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for PLTK on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added Playtika to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Playtika insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,202,000.00 in company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Playtika is held by insiders.
Percentage Held by Institutions
Only 11.94% of the stock of Playtika is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Playtika are expected to grow by 5.81% in the coming year, from $0.86 to $0.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Playtika is 11.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Playtika is 11.33, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 14.53.
Price to Earnings Growth Ratio
Playtika has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About Playtika (NASDAQ:PLTK) Stock

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States and internationally. The company owns a portfolio of casual and casino-themed games. It distributes its games to the end customer through various web and mobile platforms, such as Apple, Facebook, Google, and other web and mobile platforms and direct-to-consumer platforms. platforms. The company was founded in 2010 and is headquartered in Herzliya Pituach, Israel. Playtika Holding Corp. is a subsidiary of Playtika Holding UK II Limited.

PLTK Price History

30 days | 90 days | 365 days | Advanced Chart

PLTK Stock News Headlines

September 29, 2023 | finance.yahoo.com

Playtika (PLTK) Expands Portfolio With Innplay Labs Acquisition

September 28, 2023 | finance.yahoo.com

Playtika Holding Corp. Completes Strategic Acquisition of Innplay Labs, Further Strengthening Its Mobile Gaming Portfolio with Popular “Animals & Coins”

October 1, 2023 | Porter and Company (Ad)

Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI"

If this tech goes mainstream, it could destroy the oil and gas industry, the clean energy sector, and the billionaires who profit from it…

September 22, 2023 | finance.yahoo.com

Are Options Traders Betting on a Big Move in Playtika (PLTK) Stock?

September 19, 2023 | stocknews.com

2 Entertainment Stocks to Buy This Week, 1 to Sell

September 19, 2023 | seekingalpha.com

Playtika Makes Gains In Direct-To-Consumer Approach

September 15, 2023 | msn.com

Game On In Israel! Playtika's Bold Move Seals $300M Deal To Takeover Mobile Gaming Firm Innplay Labs

September 15, 2023 | finance.yahoo.com

Playtika Holding Corp. Enters Definitive Agreement to Acquire Innplay Labs

October 1, 2023 | Porter and Company (Ad)

Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI"

If this tech goes mainstream, it could destroy the oil and gas industry, the clean energy sector, and the billionaires who profit from it…

September 15, 2023 | msn.com

Playtika to acquire Innplay Labs for up to $300M

September 15, 2023 | finance.yahoo.com

Playtika Holding Corp. Enters Definitive Agreement to Acquire Innplay Labs

September 11, 2023 | finance.yahoo.com

Playtika Holding Corp (PLTK): A Deep Dive into Its Performance Potential

August 11, 2023 | markets.businessinsider.com

Playtika Holding (PLTK) Gets a Buy from Robert W. Baird

August 11, 2023 | finance.yahoo.com

Is the Options Market Predicting a Spike in Playtika (PLTK) Stock?

August 9, 2023 | markets.businessinsider.com

Playtika Holding (PLTK) Gets a Hold from D.A. Davidson

August 9, 2023 | msn.com

Credit Suisse Reiterates Playtika Holding (PLTK) Outperform Recommendation

August 9, 2023 | markets.businessinsider.com

Bank of America Securities Remains a Hold on Playtika Holding (PLTK)

August 8, 2023 | markets.businessinsider.com

Wells Fargo Sticks to Its Hold Rating for Playtika Holding (PLTK)

August 8, 2023 | finance.yahoo.com

Playtika (PLTK) Reports Q2 Earnings: What Key Metrics Have to Say

August 8, 2023 | seekingalpha.com

Playtika Holding Corp. 2023 Q2 - Results - Earnings Call Presentation

August 8, 2023 | markets.businessinsider.com

Playtika earnings preview: what Wall Street is expecting

August 8, 2023 | finance.yahoo.com

Playtika Holding (PLTK) Meets Q2 Earnings Estimates

August 1, 2023 | finance.yahoo.com

Playtika Holding Corp. Enters Definitive Agreement to Acquire the Youda Games Portfolio from Azerion

July 26, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Playtika Holding

July 26, 2023 | msn.com

HSBC Initiates Coverage of Playtika Holding (PLTK) with Buy Recommendation

July 18, 2023 | finance.yahoo.com

Playtika Announces Date of Second Quarter 2023 Results Conference Call

July 8, 2023 | fool.com

Playtika (NASDAQ: PLTK)

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PLTK Company Calendar

Last Earnings: 8/08/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:PLTK
CUSIP: N/A
CIK: 1828016
Web: www.playtika.com
Phone: 972-73-316-3251
Fax: N/A
Employees: 3,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.55
High Stock Price Forecast: $29.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +51.0%
Consensus Rating: Hold
Rating Score (0-4): 2.31
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.85
Trailing P/E Ratio: 11.33
Forward P/E Ratio: 11.20
P/E Growth: 1.11
Net Income: $275.30 million
Net Margins: 12.24%
Pretax Margin: 17.02%
Return on Equity: -86.29%
Return on Assets: 11.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.98
Quick Ratio: 2.98

Sales & Book Value

Annual Sales: $2.62 billion
Price / Sales: 1.35
Cash Flow: $1.23 per share
Price / Cash Flow: 7.82
Book Value: ($1.57) per share
Price / Book: -6.13

Miscellaneous

Outstanding Shares: 366,500,000
Free Float: 351,103,000
Market Cap: $3.53 billion
Optionable: Not Optionable
Beta: 0.88

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Key Executives

Mr. Robert Antokol (Age 55)
Co-Founder, Chairperson of the Board of Directors & CEO
Comp: $44.58M

Mr. Craig J. Abrahams (Age 46)
Pres & CFO
Comp: $8.98M

Mr. Shlomi Aizenberg (Age 43)
Chief Operating Officer
Comp: $8.92M

Mr. Michael D. Cohen Esq. (Age 52)
Chief Legal Officer & Corp. Sec.
Comp: $4.77M

Mr. Ofer Kinberg (Age 43)
Chief Revenue Officer
Comp: $8.54M

Mr. Troy J. Vanke
Chief Accounting Officer

Mr. Erez Rachmil (Age 47)
Chief Technology Officer

Mr. David Niederman
VP of Investor Relations & Capital Markets

Ms. Darlan Monterisi
Exec. VP & Global Head of Communications

Mr. Nir Korczak (Age 43)
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PLTK Stock - Frequently Asked Questions

Should I buy or sell Playtika stock right now?: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Playtika in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PLTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PLTK, but not buy additional shares or sell existing shares.
View PLTK analyst ratings or view top-rated stocks.
What is Playtika's stock price forecast for 2023?: 13 analysts have issued twelve-month price objectives for Playtika's shares. Their PLTK share price forecasts range from $9.00 to $29.00. On average, they predict the company's stock price to reach $14.55 in the next twelve months. This suggests a possible upside of 51.0% from the stock's current price.
View analysts price targets for PLTK or view top-rated stocks among Wall Street analysts.
How have PLTK shares performed in 2023?: Playtika's stock was trading at $8.51 at the beginning of the year. Since then, PLTK stock has increased by 13.2% and is now trading at $9.63.
View the best growth stocks for 2023 here.
Are investors shorting Playtika?: Playtika saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,360,000 shares, an increase of 22.6% from the August 31st total of 2,740,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the short-interest ratio is presently 2.7 days. Approximately 0.9% of the company's stock are sold short.
View Playtika's Short Interest.
When is Playtika's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our PLTK earnings forecast.
How were Playtika's earnings last quarter?: Playtika Holding Corp. (NASDAQ:PLTK) posted its earnings results on Tuesday, August, 8th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The company had revenue of $642.80 million for the quarter, compared to analysts' expectations of $651.25 million. Playtika had a net margin of 12.24% and a negative trailing twelve-month return on equity of 86.29%. The firm's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.09 earnings per share.
What ETFs hold Playtika's stock?: ETFs with the largest weight of Playtika (NASDAQ:PLTK) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Wedbush ETFMG Video Game Tech ETF (GAMR), ARK Israel Innovative Technology ETF (IZRL), ERShares Entrepreneurs ETF (ENTR), ERShares NextGen Entrepreneurs ETF (ERSX), BlueStar Israel Technology ETF (ITEQ) and Global X Video Games & Esports ETF (HERO).VanEck Israel ETF (ISRA).

What guidance has Playtika issued on next quarter's earnings?: Playtika updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.57 billion-$2.57 billion, compared to the consensus revenue estimate of $2.61 billion.
When did Playtika IPO?: (PLTK) raised $1.6 billion in an initial public offering (IPO) on Friday, January 15th 2021. The company issued 69,500,000 shares at $22.00-$24.00 per share. Morgan Stanley, Credit Suisse, Citigroup, Goldman Sachs, UBS Investment Bank and BofA Securities acted as the underwriters for the IPO and Baird, Cowen, Stifel and Wedbush Securities were co-managers.
What is Playtika's stock symbol?: Playtika trades on the NASDAQ under the ticker symbol "PLTK."
How do I buy shares of Playtika?: Shares of PLTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Playtika's stock price today?: One share of PLTK stock can currently be purchased for approximately $9.63.
How much money does Playtika make?: Playtika (NASDAQ:PLTK) has a market capitalization of $3.53 billion and generates $2.62 billion in revenue each year. The company earns $275.30 million in net income (profit) each year or $0.85 on an earnings per share basis.
How many employees does Playtika have?: The company employs 3,800 workers across the globe.
How can I contact Playtika?: Playtika's mailing address is C/O PLAYTIKA LTD. HACHOSHLIM ST 8, HERZLIYA PITUARCH L3, 0. The official website for the company is www.playtika.com. The company can be reached via phone at 972-73-316-3251 or via email at ir@playtika.com.

This page (NASDAQ:PLTK) was last updated on 10/1/2023 by MarketBeat.com Staff

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