Playtika Holding Corp Q3 2024 Earnings Report Preview What to Look For
| PLTK Stock | USD 7.01 0.46 6.16% |
About 56% of Playtika Holding's investor base is looking to short. The analysis of overall sentiment of trading Playtika Holding Corp stock suggests that many investors are alarmed at this time. Playtika Holding's investing sentiment shows overall attitude of investors towards Playtika Holding Corp.
Playtika |
Playtika Holding Corp is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is 622.51 million, and the earni
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Playtika Holding Corp Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Playtika Holding's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Playtika Holding Corp.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Playtika Holding Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Playtika Holding can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Playtika Holding Fundamental Analysis
We analyze Playtika Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Playtika Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Playtika Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Playtika Holding is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Playtika Holding Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Playtika Holding stock to make a market-neutral strategy. Peer analysis of Playtika Holding could also be used in its relative valuation, which is a method of valuing Playtika Holding by comparing valuation metrics with similar companies.
Peers
Playtika Holding Related Equities
| GMGI | Golden Matrix | 2.08 | ||||
| NTES | NetEase | 0.65 | ||||
| GRVY | Gravity | 0.21 | ||||
| SOHU | SohuCom | 0.69 | ||||
| MYPS | Playstudios | 1.52 | ||||
| DDI | Doubledown Interactive | 2.83 | ||||
| GDEV | GDEV | 6.49 | ||||
| SNAL | Snail, | 10.00 | ||||
| GAME | GameSquare Holdings | 11.96 |
Check out Playtika Holding Hype Analysis, Playtika Holding Correlation and Playtika Holding Performance. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Playtika Holding. If investors know Playtika will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Playtika Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.056 | Dividend Share 0.3 | Earnings Share 0.58 | Revenue Per Share 6.847 | Quarterly Revenue Growth (0.01) |
The market value of Playtika Holding Corp is measured differently than its book value, which is the value of Playtika that is recorded on the company's balance sheet. Investors also form their own opinion of Playtika Holding's value that differs from its market value or its book value, called intrinsic value, which is Playtika Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Playtika Holding's market value can be influenced by many factors that don't directly affect Playtika Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Playtika Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Playtika Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playtika Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.