Playtika Holding Corp. (NASDAQ:PLTK – Get Free Report) has received an average recommendation of “Hold” from the twelve research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $9.29.
PLTK has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price target on Playtika from $7.40 to $8.25 and gave the stock an “equal weight” rating in a report on Tuesday, July 23rd. Wedbush reiterated an “outperform” rating and set a $11.50 target price on shares of Playtika in a research report on Thursday, September 19th. Finally, Roth Mkm cut their target price on Playtika from $9.00 to $8.00 and set a “neutral” rating on the stock in a research report on Thursday, August 8th.
Check Out Our Latest Stock Report on Playtika
Hedge Funds Weigh In On Playtika
Playtika Price Performance
Shares of NASDAQ PLTK opened at $7.63 on Monday. The company has a market capitalization of $2.84 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.60 and a beta of 0.85. The business has a 50-day moving average of $7.61 and a two-hundred day moving average of $7.74. Playtika has a 1 year low of $6.25 and a 1 year high of $9.23.
Playtika (NASDAQ:PLTK – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.06. The company had revenue of $627.00 million during the quarter, compared to the consensus estimate of $640.27 million. Playtika had a negative return on equity of 127.12% and a net margin of 8.44%. Playtika’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.21 EPS. As a group, equities research analysts expect that Playtika will post 0.73 earnings per share for the current year.
Playtika Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, October 4th. Investors of record on Friday, September 20th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 5.24%. The ex-dividend date was Friday, September 20th. Playtika’s dividend payout ratio (DPR) is presently 70.18%.
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.
See Also
- Five stocks we like better than Playtika
- What is a Low P/E Ratio and What Does it Tell Investors?
- Texas Roadhouse Stock Steering for New Highs This Year
- Earnings Per Share Calculator: How to Calculate EPS
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Playtika Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtika and related companies with MarketBeat.com's FREE daily email newsletter.