Playtika Holding Corp [PLTK] stock prices are down -0.93% to $8.53 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PLTK shares have gain 2.40% over the last week, with a monthly amount glided 5.96%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Macquarie downgraded its rating to Neutral on June 13, 2024. On January 22, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $8 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $8 on January 18, 2024. Citigroup upgraded its rating to a Buy but $11 remained the price target by the analyst firm on November 21, 2023. HSBC Securities started tracking with a Buy rating for this stock on July 25, 2023, and assigned it a price target of $15.80. In a note dated July 07, 2023, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $10 to $13.
The stock price of Playtika Holding Corp [PLTK] has been fluctuating between $6.25 and $9.23 over the past year. Currently, Wall Street analysts expect the stock to reach $8.5 within the next 12 months. Playtika Holding Corp [NASDAQ: PLTK] shares were valued at $8.53 at the most recent close of the market. An investor can expect a potential drop of -0.35% based on the average PLTK price forecast.
Analyzing the PLTK fundamentals
The Playtika Holding Corp [NASDAQ:PLTK] reported sales of 2.54B for trailing twelve months, representing a drop of -1.48%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is -1.41 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-24.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.46 points at the first support level, and at 8.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.67, and for the 2nd resistance point, it is at 8.80.
Ratios To Look Out For
It’s worth pointing out that Playtika Holding Corp [NASDAQ:PLTK]’s Current Ratio is 3.25. On the other hand, the Quick Ratio is 3.25, and the Cash Ratio is 2.53. Considering the valuation of this stock, the price to sales ratio is 1.25 and price to earnings (TTM) ratio is 14.64.
Transactions by insiders
Recent insider trading involved Playtika Holding UK II Ltd, 10% Owner, that happened on Dec 03 ’24 when 0.2 million shares were sold. 10% Owner, Playtika Holding UK II Ltd completed a deal on Dec 02 ’24 to sell 0.12 million shares. Meanwhile, 10% Owner Playtika Holding UK II Ltd sold 91386.0 shares on Nov 27 ’24.
