Analysts Update Their Price Forecasts For Playtika Holding Corp (PLTK)

Playtika Holding Corp (PLTK) concluded trading on Thursday at a closing price of $5.70, with 3.89 million shares of worth about $22.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.20% during that period and on February 27, 2025 the price saw a loss of about -16.79%. Currently the company’s common shares owned by public are about 372.60M shares, out of which, 67.16M shares are available for trading.

Stock saw a price change of -20.17% in past 5 days and over the past one month there was a price change of -22.24%. Year-to-date (YTD), PLTK shares are showing a performance of -17.87% which decreased to -17.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.25 but also hit the highest price of $9.15 during that period. The average intraday trading volume for Playtika Holding Corp shares is 853.15K. The stock is currently trading -20.25% below its 20-day simple moving average (SMA20), while that difference is down -19.58% for SMA50 and it goes to -26.21% lower than SMA200.

Playtika Holding Corp (NASDAQ: PLTK) currently have 372.60M outstanding shares and institutions hold larger chunk of about 16.91% of that.

The stock has a current market capitalization of $2.12B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 9.78, while it has posted earnings per share of $0.58 in the same period. Its PEG reads 0.51 and has Quick Ratio of 3.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PLTK, volatility over the week remained 5.71% while standing at 3.39% over the month.

Stock’s fiscal year EPS is expected to rise by 50.33% while it is estimated to increase by 10.03% in next year. EPS is likely to grow at an annualized rate of 19.35% for next 5-years, compared to annual growth of -4.91% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on June 24, 2024 offering a Neutral rating for the stock and assigned a target price of $8.50 to it. On January 22, 2024, HSBC Securities Downgrade their recommendations, while on January 18, 2024, BofA Securities Downgrade their ratings for the stock with a price target of $8. Stock get a Buy rating from Citigroup on November 21, 2023.

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