Playtika Holding (NASDAQ:PLTK) Stock, Quote.Headers.trade-ideas

Playtika Holding

Playtika Holding Corp is primarily engaged in developing mobile games. Some of its games include Board Kings, House of Fun, Poker Heat, Slotomania, and Bingo Blitz. The company has built live game operations services and a proprietary technology platform to support its portfolio of games. It primarily derives revenue from the sale of virtual items associated with online games. Geographically, the group has a business presence in the USA, EMEA, APAC and Other regions of which key revenue is derived from the USA. It offers both Mobile and Web-based platforms.

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Playtika Holding (NASDAQ: PLTK) reported $627 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.5%. EPS of $0.23 for the same period compares to $0.21 a year ago.

Playtika Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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Why Duolingo Shares Are Trading Lower By Around 18%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

Playtika Holding Corp

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The entertainment industry flourishes due to the widespread prevalence of online games and social platforms. Therefore, it could be wise to keep track of top entertainment stocks Gravity Co (GRVY), Playtika Holding (PLTK), and DoubleDown Interactive Co (DDI). Keep reading… Global investments in content creation, distribution strategies, and technological advancements focused on enhancing accessibility and viewer engagement are driving the entertainment market's growth.
Therefore, investors could consider looking into entertainment stocks Gravity Co., Ltd. (<a href="https://stocknews.com/stock/GRVY/">GRVY</a>), Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>), and DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>), which are hidden gems for 2025.
<a href="https://www.mordorintelligence.com/industry-reports/media-and-entertainment-market-landscape">Social media has transformed the entertainment industry</a>, prompting traditional players to adopt electronic platforms and allocate more of their advertising budgets to this space. Digital technologies and platforms have greatly enhanced the sector by streamlining content creation, distribution, and consumption, driving significant market growth.
Additionally, the digital entertainment industry has revolutionized the concept of media and entertainment over the past decades, thanks to technologies and gadgets like computers, laptops, smartphones, tablets, and others. The global online entertainment market is projected to grow at a <a href="https://www.precedenceresearch.com/online-entertainment-market">CAGR of 12.8%</a> by 2034. 
Considering these conducive trends, let's examine the <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> stocks in detail, starting with the third one:
Stock #3: Gravity Co., Ltd. (<a href="https://stocknews.com/stock/GRVY/">GRVY</a>)
Headquartered in Seoul, South Korea, GRVY develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and the United States. The company provides massive multiplayer online role-playing games, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II.
GRVY's trailing-12-month <a href="https://www.investopedia.com/terms/p/price-earningsratio.asp">P/E</a> of 6.90x is 64.6% lower than the industry average of 19.47%. Its trailing-12-month EV/Sales of 0.11x is 94.2% lower than the industry average of 1.97.
During the third quarter that ended September 30, 2023, GRVY's total net revenue increased 72.1% year-over-year to $130.69 million. Its gross profit grew 37% from the prior year's quarter to $43.26 million.
In addition, the company's profit for the year grew 80.1% year-over-year to $21.50 million, and its earnings per share came in at $3.09, an increase of 80.2% from the previous year's period.
Shares of GRVY have gained 4.5% over the past three months to close the last trading session at $61.58.
GRVY's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. GRVY also has an A grade for Value. It is ranked #7 out of 19 stocks in the A-rated <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.   
To see additional POWR Ratings for Growth, Momentum, Stability, Quality, and Sentiment, click <a href="https://stocknews.com/stock/GRVY/">here</a>.
Stock #2: Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>)
PLTK develops mobile games in the United States, Europe, the Middle East, Africa, Asia Pacific, and internationally. The company owns a portfolio of casual and social casino-themed games.
In terms of forward non-GAAP EV/Sales, PLTK is trading at 7.78x, which is 42.5% lower than the industry average of 13.53x. Also, its forward EV/EBITDA multiple of 5.01x is 37.3% lower than the industry average of 7.99.
In the third quarter that ended on September 30, 2024, PLTK's revenues were reported at $620.80 million. Its operating income increased 8.3% year-over-year to $97.50 million. The company's net income and net income per share grew 3.7% and 10% year-over-year to $39.30 million and $0.11.
Analysts expect PLTK's revenue for the fiscal first quarter (ending March 2025) to increase marginally year-over-year to $652.68 million. Its EPS is expected to grow 22.4% year-over-year and $0.17 for the same period.
The stock plunged by 1% over the past nine months to close the last trading session at $6.89.
PLTK's POWR Ratings reflect robust prospects. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system. PLTK has an A grade for Value and a B for Quality and Stability. It is ranked #2 in the same industry. 
Beyond what is stated above, we've also rated PLTK for Sentiment, Growth, and Momentum. Get all PLTK ratings <a href="https://stocknews.com/stock/PLTK/">here</a>.
Stock #1: DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>)
DDI engages in the development and publishing of casual games and mobile applications in South Korea. It publishes digital gaming content on mobile and web platforms. 
In terms of trailing-12-month EV/Sales, DDI is trading at 0.52x, which is 74.3% lower than the industry average of 2.01x. Also, its trailing-12-months EV/EBITDA multiple of 1.27 is 84.2% lower than the industry average of 7.99.
For the third quarter ended September 30, 2024, DDI's revenue increased 5.5% year-over-year to $83 million. Its adjusted EBITDA came in at $36.10 million. The company's net income was reported at $25.14 million and $10.11.
Over the past year, DDI's stock has gained 31.8% to close the last trading session at $10.23.
DDI's POWR Ratings reflect its bright outlook. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
DDI has an A grade for Value and Quality and a B in Growth and Sentiment. It is ranked first in the same industry.
For additional DDI's Stability and Momentum, click <a href="https://stocknews.com/stock/DDI/">here</a>.  
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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PLTK shares were trading at $7.00 per share on Friday afternoon, up $0.11 (+1.60%). Year-to-date, PLTK has gained 0.86%, versus a 1.08% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Nidhi Agarwal</h2> <img src='https:/wp-content/uploads/2023/03/Nidhi-Agarwal_Headshot-3.jpg' style="float:left; padding:5px;width:125px;">Nidhi is passionate about the capital market and wealth management, which led her to pursue a career as an investment analyst. She holds a bachelor's degree in finance and marketing and is pursuing the CFA program.

Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities.<a href="https://stocknews.com/authors/?author=nidhi-agarwal">More...</a>The post <a href=https://stocknews.com/news/pltk-grvy-ddi-3-low-p-e-entertainment-stocks-that-are-hidden-gems-for/>3 Low P/E Entertainment Stocks That Are Hidden Gems for 2025</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Low P/E Entertainment Stocks That Are Hidden Gems for 2025

With the rollout of advanced technologies and rising phone usage, the mobile gaming market is on a steep path to glory. So, is Playtika Holding (PLTK), with its robust portfolio of mobile games offerings, a stock to watch for a potential investment? Read on… Fueled by the increasing ownership of smartphones and advancements in game development technologies, the global mobile gaming market has experienced significant growth. According to Pew Research Center, <a href="https://www.pewresearch.org/internet/fact-sheet/mobile/">91% of American citizens</a> own a smartphone, which reflects the growth potential of the mobile gaming industry.
Additionally, as better connection rates with the increasingly popular 5G technology spreads, the market for online mobile gaming is also set to rise. Moreover, technologies like augmented Reality and Virtual Reality have been integrated into mobile gaming in the market, resulting in a growing consumer base.
That being said, the mobile gaming market is forecasted to reach $342.33 billion by 2034, growing at a <a href="https://www.precedenceresearch.com/mobile-gaming-market">CAGR of 13.1%</a>. Amid this growth, Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>) stands out as a titan in the mobile gaming market.
The company's vast portfolio of casual and social casino-themed games that consumers can enjoy through various web and mobile platforms has significantly enhanced its position in the said industry. PLTK's shares have surged marginally over the past five days, closing the last trading session at $6.90.
Now, let us delve deeper into the factors that could shape PLTK's performance in the near future.
Recent Developments
On December 20, 2024, PLTK <a href="https://investors.playtika.com/news-releases/news-release-details/playtika-teams-igt-bring-world-class-slots-social-casino-games">announced a partnership</a> with International Game Technology PLC (<a href="https://stocknews.com/stock/IGT/">IGT</a>), a global gaming leader, to bring several of IGT's most popular renowned slot themes to PLTK's category-leading social casino games.
The partnership offers players an exciting new way to enjoy their favorite casino slots virtually, free of charge. This could enhance PLTK's consumer growth, strengthening its cash flows.
On November 20, 2024, PLTK <a href="https://investors.playtika.com/news-releases/news-release-details/playtika-holding-corp-completes-strategic-acquisition-superplay">completed the acquisition</a> of SuperPlay, a mobile gaming company based in Tel Aviv, Israel and home to hit mobile games Dice Dreams and Domino Dreams.
The acquisition strengthens and expands the company's portfolio of offerings by including Dice Dreams and Domino Dreams, two very popular games, as well as two additional games under development.
Sound Historical Growth
Over the past three years, PLTK has seen steady, albeit modest, growth in its revenue, achieving a CAGR that reflects gradual improvement. In contrast, the company's total assets have experienced a more robust expansion, growing at a CAGR of 5.4% during the same period.
Strong Financials
For the fiscal third quarter that ended September 30, 2024, PLTK's revenues came in at $620.80 million. Its income from operations increased 8.3% year-over-year to $97.50 million.
Additionally, net income and net income per share attributable to common stockholders rose 3.7% and 10% from the previous year's quarter to $39.30 million and $0.11, respectively. As of September 30, 2024, PLTK's total current assets amounted to $1.47 billion, compared to $1.35 billion on December 31, 2023.
Mixed Analyst Estimates
Analysts predict PLTK's revenue and EPS for the fiscal 2025 first quarter (ending March 2025) to increase marginally year-over-year to $652.68 million. Its EPS for the same period is expected to increase 27.9% year-over-year to $0.18.
Moreover, for the full fiscal year ending December 2025, PLTK's revenue and EPS are forecasted to increase 4.3% and 10.8% year-over-year to $2.62 billion and $0.74, respectively.
High Profitability
PLTK's trailing-12-month <a href="https://www.investopedia.com/terms/g/gross_profit_margin.asp">gross profit margin</a> of 72.65% is 38.1% higher than the industry average of 52.60%. Its trailing-12-month EBITDA margin stands at 24.19%, 29.2% higher than the industry average of 18.73%.
In addition, the company boasts a trailing-12-month net income margin of 8.52%, which is 120.1% higher than the sector average of 3.87%. Also, the stock's trailing-12-month levered FCF margin of 17.33% outperforms the industry average of 8.83% by 96.4%.
Discounted Valuation
PLTK is currently trading at a forward non-GAAP P/E of 7.01x, which is 47.9% lower than the industry average of 13.44x. Moreover, the stock's forward EV/EBIT multiple stands at 8.36, 46.1% lower than the industry average of 15.50x.
Additionally, it has a forward Price/Sales multiple of 1.02, which is 21.2% lower than the industry average of 1.30x. This indicates that PLTK is undervalued compared to the broader market, offering potential upside for investors.
POWR Ratings Reflects Optimism
PLTK's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of A, which equates to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by taking into account 118 different factors, with each factor weighted to an optimal degree.
PLTK has an A grade for Value, driven by its discounted valuation metrics relative to the industry average. Moreover, it earned a B grade for Quality, supported by profitability measures that exceeded industry benchmarks. The stock also holds a B grade for Stability, in line with its 60-month beta of 0.92.
Within the A-rated <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry, PLTK is ranked #2 out of 18 stocks. Beyond what is stated above, we have also given PLTK grades for Sentiment, Momentum, and Growth. Get all PLTK ratings <a href="https://stocknews.com/stock/PLTK/">here</a>.
Bottom Line
PLTK has proven itself to be a prominent player in the highly competitive mobile gaming market. Fueled by partnerships that have enhanced its portfolio of mobile game offerings, the company is well-positioned to capitalize on the growth prospects of the mobile gaming market.
Given PLTK's impressive profitability, robust financial performance, attractive valuation, and relatively low volatility, now could be an opportune time to consider adding the stock to your investment portfolio.
How Does Playtika Holding Corp. (PLTK) Stack Up Against Its Peers?
Although PLTK's near-term outlook appears sound, it may be worthwhile to explore its industry peers, who also exhibit strong POWR Ratings. So, consider these A (Strong Buy) rated stocks from the Entertainment - Toys &amp; Video Games industry:
Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>)
DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>)
PLAYSTUDIOS, Inc. (<a href="https://stocknews.com/stock/MYPS/">MYPS</a>)
To explore more A or B-rated Entertainment - Toys &amp; Video Games stocks, <a href="https://stocknews.com/category/entertainment-video-games/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

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PLTK shares were unchanged in premarket trading Friday. Year-to-date, PLTK has declined -0.58%, versus a 0.58% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aritra_Gangopadhyay</h2> <img src='https:/wp-content/uploads/2025/01/Aritra_Gangopadhyay.png' style="float:left; padding:5px;width:125px;">Aritra is a financial journalist dedicated to breaking down complex financial topics into simple, actionable insights. Holding a Master's degree in Economics, he uses his analytical expertise to help investors uncover unique opportunities for long-term success.<a href="https://stocknews.com/authors/?author=aritra-gangopadhyay">More...</a>The post <a href=https://stocknews.com/news/pltk-ea-ddi-myps-igt-is-playtika-holding-a-mobile-gaming-stock-to-watch/>Is Playtika Holding a Mobile Gaming Stock to Watch?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Is Playtika Holding a Mobile Gaming Stock to Watch?

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