Wedbush Weighs in on Playtika’s Q1 Earnings (NASDAQ:PLTK)

Playtika Holding Corp. (NASDAQ:PLTK) – Wedbush lowered their Q1 2025 earnings per share estimates for Playtika in a research report issued on Thursday, February 27th. Wedbush analyst M. Pachter now forecasts that the company will post earnings per share of $0.16 for the quarter, down from their prior estimate of $0.18. Wedbush has a “Outperform” rating and a $11.50 price objective 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 Q2 2025 earnings at $0.15 EPS, Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.15 EPS, FY2025 earnings at $0.61 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 $0.72 EPS and FY2027 earnings at $0.74 EPS.

A number of other equities research analysts have also recently commented on the company. Robert W. Baird reissued a “neutral” rating and issued a $6.00 price objective (down previously from $9.00) on shares of Playtika in a research note on Friday, February 28th. Roth Mkm raised their target price on Playtika from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Baird R W lowered Playtika from a “strong-buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Macquarie dropped their target price on Playtika from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Friday, February 28th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $8.21.

Playtika Stock Performance

Shares of Playtika stock opened at $5.14 on Monday. Playtika has a 52 week low of $4.96 and a 52 week high of $9.15. The stock has a 50 day moving average price of $6.96 and a two-hundred day moving average price of $7.53. The stock has a market capitalization of $1.92 billion, a PE ratio of 8.86, a price-to-earnings-growth ratio of 1.69 and a beta of 0.92.

Playtika Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Stockholders of record on Friday, March 21st will be issued a $0.10 dividend. The ex-dividend date is Friday, March 21st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 7.78%. Playtika’s dividend payout ratio is presently 90.91%.

Insider Buying and Selling

In related news, major shareholder Holding Uk Ltd Playtika II sold 75,923 shares of Playtika stock in a transaction on Monday, December 16th. The stock was sold at an average price of $7.54, for a total transaction of $572,459.42. Following the sale, the insider now directly owns 200,554,660 shares in the company, valued at approximately $1,512,182,136.40. This trade represents a 0.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Playtika

A number of hedge funds have recently bought and sold shares of the business. KBC Group NV lifted its holdings in Playtika by 19.3% during the third quarter. KBC Group NV now owns 7,820 shares of the company’s stock worth $62,000 after acquiring an additional 1,266 shares during the period. Covestor Ltd lifted its holdings in Playtika by 11.4% during the fourth quarter. Covestor Ltd now owns 14,103 shares of the company’s stock worth $98,000 after acquiring an additional 1,447 shares during the period. Sterling Capital Management LLC raised its stake in shares of Playtika by 57.2% in the fourth quarter. Sterling Capital Management LLC now owns 4,216 shares of the company’s stock valued at $29,000 after buying an additional 1,534 shares during the period. Choreo LLC raised its stake in shares of Playtika by 14.9% in the fourth quarter. Choreo LLC now owns 12,485 shares of the company’s stock valued at $90,000 after buying an additional 1,619 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of Playtika by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 536,945 shares of the company’s stock valued at $3,726,000 after buying an additional 1,639 shares during the period. 11.94% of the stock is currently owned by institutional investors.

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.