Ultime notizie per Playtika Holding (NASDAQ:PLTK) Azioni

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.

Playtika Holding Corp

The gaming market is thriving due to the growth of mobile gaming, the rise of e-sports, AI integration, and AR/VR technologies, which are driving significant revenue and user engagement. To that end, let's analyze the investment prospects of gaming stocks that one shouldn't miss this October: Electronic Arts (EA) and Playtika Holding (PLTK). Keep reading... The gaming market is experiencing remarkable growth, particularly in mobile gaming, which, along with the rise of e-sports and gaming tournaments, is fueling the sector's success. Given this backdrop, investors may not want to miss strong gaming stocks like Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>) and Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>) in October.
The integration of AI in gaming is transforming the industry, enabling smaller studios to craft expansive game worlds with high-quality graphics and dynamic content. Additionally, the rise of AR and VR technologies is fostering immersive and interconnected experiences, further driving sector growth and meeting evolving consumer demands.
This year, the video game market is expected to generate <a href="https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide">$282.30 billion in revenue</a>, with an annual growth rate of 8.76% projected through 2027, leading to an estimated market volume of $363.20 billion. This growth is fueled by increasing companies focused on mobile and online gaming, along with improved internet access and faster 5G connectivity.
Furthermore, the growth of gaming tournaments is playing a crucial role in the industry's expansion by drawing large audiences and boosting investments in infrastructure and talent development. In the United States, the 'Games' segment is expected to gain <a href="https://www.statista.com/forecasts/1277728/physical-or-digital-core-gamers-in-the-us">27.8 million users (+13.78%)</a> between 2024 and 2029, making it an attractive opportunity for investors now.
Considering these conducive trends, let's examine the fundamentals of the two stocks from the <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry, starting with number two.
Stock #2: Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>)
EA develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation, and licenses games from others.
On October 4, 2024, EA announced the worldwide launch of EA SPORTS NHL 25, featuring the new ICE-Q gameplay system, a revamped Franchise Mode, and enhanced presentation, delivering an immersive hockey experience on PlayStation 5 and Xbox Series X&#x7C;S.
On September 27, 2024, EA launched EA SPORTS FC 25, featuring new gameplay innovations like Rush and FC IQ, and introducing women's football to Career Mode for the first time. Cover stars celebrated the event globally, enhancing the game's social experience.
In terms of the trailing-12-month net income margin, EA's 15.77% is 403.4% higher than the 3.13% industry average. Likewise, its 9.06% trailing-12-month Return on Total Assets is 609.3% higher than the industry average of 1.28%. Furthermore, the stock's 19.22% trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin is 139.5% higher than the industry average of 8.02%.
For the first quarter that ended June 30, 2024, EA's total net revenue and gross profit stood at $1.66 billion and $1.40 billion, respectively. Similarly, the company's income came in at $364 million. Moreover, its net income was $280 million, or $1.04 per share.
Analysts expect EA's EPS for the quarter ended September 30, 2024, to increase 10% year-over-year to $2.01. Likewise, its revenue for the same quarter is expected to increase 11.5% year-over-year to $2.03 billion. Over the past year, the stock has gained 18.9% to close the last trading session at $142.18.
It's no surprise that EA has an overall rating of B, which translates to a Buy in our proprietary <a href="https://stocknews.com/stock/RYAAY/">POWR Ratings</a> system. The POWR ratings assess stocks by 118 different factors, each with its own weighting.
It has a B grade for Quality. It is ranked #4 out of 18 stocks in the B-rated <a href="Entertainment%20-%20Toys%20&amp;%20Video%20Games">Entertainment - Toys &amp; Video Games</a> industry. Beyond what we stated above, we also have given EA grades for Growth, Value, Momentum, Stability, and Sentiment. Get all EA ratings <a href="https://stocknews.com/stock/EA/">here</a>.
Stock #1: Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>)
Headquartered in Herzliya Pituach, Israel, 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. It distributes its games to end customers through various web and mobile platforms, as well as direct-to-consumer platforms.
On September 18, 2024, PLTK announced its acquisition of SuperPlay for $700 million, with potential additional payments of up to $1.25 billion based on performance. This strategic move aims to enhance PLTK's mobile gaming portfolio by leveraging SuperPlay's proven expertise and successful titles.
In terms of the trailing-12-month gross profit margin, PLTK's 72.52% is 40.3% higher than the 51.69% industry average. Similarly, its 0.85x trailing-12-month asset turnover ratio is 69.8% higher than the industry average of 0.50x. Its 13.83% trailing-12-month Return on Total Capital is 271.2% higher than the industry average of 3.73%.
During the fiscal second quarter that ended June 30, 2024, PLTK's revenues amounted to $627 million. The company's income from operations increased 1.1% year-over-year to $140.70 million. For the same quarter, the company's net income stood at $86.60 million, with net income per share attributable to common shareholders at $0.23, up 14.4% and 9.5% year-over-year.
For the quarter ended September 30, 2024, PLTK's EPS is expected to increase 77.1% year-over-year to $0.18, and its revenue for the quarter ending December 31, 2024, is expected to grow marginally year-over-year to $642.71 million. Over the past six months, PLTK's stock has gained 8% to close the last trading session at $7.74.
PLTK's bright prospects are reflected in its POWR Ratings. The stock has an overall A rating, which translates to a Strong Buy in our proprietary system.
It has an A grade for Value and a B for Stability and Quality. It is ranked #2 in the  Entertainment - Toys &amp; Video Games industry. To access PLTK's grades for Growth, Momentum, and Sentiment, <a href="https://stocknews.com/stock/PLTK/">click here</a>.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
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<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/ea-pltk-2-gaming-stocks-you-shouldnt-miss-in-october/>2 Gaming Stocks You Shouldn't Miss in October</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

2 Gaming Stocks You Shouldn't Miss in October

The convergence of augmented reality and eSports is setting the stage for a new era in gaming. Therefore, investors looking for an opportunity to invest in this evolution might consider investing in gaming stocks, Electronic Arts (EA), Playtika Holding Corp. (PLTK), and DoubleDown Interactive (DDI). Continue reading… The gaming industry is undergoing a transformation driven by the rise of Augmented Reality (AR) and the booming popularity of eSports. The widespread global appeal of video games will likely continue, allowing top game companies multiple opportunities to draw new players and boost sales in developed and growing markets.
Amid this backdrop, investors looking to capitalize on the trend may not want to miss the opportunity to invest in strong gaming stocks like Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</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>).
The video game industry is a titan in the global entertainment and media (E&amp;M) sector, with more and more companies focusing on subscription-based models and cloud gaming platforms. This digital shift in the video gaming sector is continuing to gain momentum, with publishers taking home <a href="https://www.pwc.com/us/en/tech-effect/emerging-tech/emerging-technology-trends-in-the-gaming-industry.html">$136 billion of the $262 billion</a> video game market, where PC &amp; console and mobile capture $48 billion and $87 billion, respectively.
With technological advancements reshaping the gaming industry, analysts expect this sector to thrive over the next decade. The <a href="https://www.statista.com/outlook/dmo/digital-media/video-games/worldwide">global video games market</a> is projected to reach a volume of $363.20 billion by 2027, exhibiting a CAGR of 8.8%. Further, the augmented reality gaming market is anticipated to reach $43.34 billion by 2031, <a href="https://www.verifiedmarketresearch.com/product/augmented-reality-gaming-market/">growing at a CAGR of 21.9%</a>.
Moreover, eSports, an organized and competitive video gaming industry, has become a cultural phenomenon, attracting casual and hardcore gamers. According to <a href="https://www.statista.com/statistics/490480/global-esports-audience-size-viewer-type/">Statista</a> reports, by 2025, the number of viewers for eSports is expected to be over 318 million.
Considering these encouraging trends, let's take a look at the fundamentals of the <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry stocks, beginning with the third choice.
Stock #3: Electronic Arts Inc. (<a href="https://stocknews.com/stock/EA/">EA</a>)
EA is a digital interactive entertainment company that develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation.
On October 4, EA globally launched EA SPORTS NHL 25, featuring the new ICE-Q gameplay system, a revamped Franchise Mode with enhanced presentation, delivering an engaging hockey experience on PlayStation 5 and Xbox Series X&#x7C;S.
In the fiscal first quarter that ended on June 30, 2024, EA's revenue and <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> stood at $1.66 billion and $1.40 billion, respectively. The company's net income came in at $280 million, while its earnings per share stood at $1.04 for the period.
According to the business outlook for fiscal year 2025, the company's net revenue is projected to be between $7.10 billion and $7.50 billion, with operating cash flow anticipated to range from $2.05-$2.25 billion. EA anticipates its net income to fall between $904 million and $1.09 billion.
Street expects EA's revenue for the fiscal second quarter (ended September 2024) to increase 11.5% year-over-year to $2.03 billion. Its EPS for the same period is expected to register a 10% growth from the prior year, settling at $2.01.
EA's stock has surged 14.9% over the past six months and 10.8% over the past year to close the last trading session at $144.35.
EA's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this robust outlook. The stock has an overall rating of B, which equates to Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
EA has a B grade for Sentiment and Quality. It is ranked #5 out of 18 stocks in the B-rated <a href="https://stocknews.com/category/entertainment-video-games/">Entertainment - Toys &amp; Video Games</a> industry. <a href="https://stocknews.com/stock/EA/">Click here</a> to see the additional ratings for EA (Growth, Value, Momentum, and Stability).
Stock #2: Playtika Holding Corp. (<a href="https://stocknews.com/stock/PLTK/">PLTK</a>)
Headquartered in Herzliya Pituach, Israel, PLTK is a mobile game developer. The company owns a portfolio of 15 casual and social casino-themed games. It distributes its games to end customers through various web and mobile platforms and direct-to-consumer platforms.
On September 18, PLTK agreed to acquire SuperPlay, a mobile gaming company, for $700 million, with potential additional payments of up to $1.25 billion based on performance. This agreement should strengthen PLTK's leadership and enhance its mobile gaming portfolio by leveraging SuperPlay's proven expertise and successful titles. 
PLTK's revenue for the second quarter (ended June 30, 2024) came in at $627 million. Its income from operations grew marginally from the prior year's quarter to $140.70 million. The company's net income amounted to $86.60 million and $0.23 per share, reflecting 14.4% and 9.5% year-over-year increases, respectively.
As per the fiscal year 2024 financial outlook, PLTK forecasts revenue to range between $2.52 billion and $2.62 billion. The company also expects credit adjusted EBITDA to be between $730 million and $770 million.
Analysts expect PLTK's revenue for the fourth quarter ending December 31, 2024, to increase marginally year-over-year to $642.71 million, while its EPS for the same period is expected to grow 72.1% from the prior-year quarter to $0.17.
Over the past six months, the stock has gained 9.9%, closing the last trading session at $7.56.
PLTK's bright prospects are reflected in its POWR Ratings. The stock has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It also has an A grade for Value and a B for Stability, Sentiment, and Quality. Within the same B-rated industry, it is ranked #2. <a href="https://stocknews.com/stock/PLTK/">Click here</a> to see PLTK's ratings for Growth and Momentum.
Stock #1: DoubleDown Interactive Co., Ltd. (<a href="https://stocknews.com/stock/DDI/">DDI</a>)
Based in Seoul, South Korea, DDI is principally engaged in developing and supplying online games. The company offers DoubleDown Casino, DoubleDown Classic, DoubleDown Fort Knox, and Undead World: Hero Survival games.
For the second quarter of 2024, which ended on June 30, DDI's revenue increased 17.4% year-over-year to $88.24 million. Its operating income from operations stood at $36.19 million, indicating a 31.5% growth from the prior year's quarter.
DDI's net income rose 36.6% from the year-ago value to $33.27 million and its EPS stood at $0.97, up 36.2% year-over-year. It reported an adjusted EBITDA of $37 million, indicating a 34.1% growth from the prior year quarter with a margin of 41.9% (up 520 bps year-over-year).
The consensus revenue estimate of $83.93 million for the fiscal third quarter (ended September 2024) represents a 15% increase year-over-year. The consensus EPS estimate of $0.56 for the same quarter indicates a 2.8% improvement year-over-year. The company has an impressive earnings surprise history; it surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock has surged 98.9% year-to-date and 57.4% over the past nine months to close the last trading session at $14.62.
DDI's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of A, which equates to a Strong Buy in our proprietary rating system.
It has an A grade for Value, Sentiment, and Quality and a B for Growth. The stock is ranked first in the Entertainment - Toys &amp; Video Games industry. <a href="https://stocknews.com/stock/DDI/">Click here</a> to access the additional DDI ratings (Momentum and Stability).
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<hr />
EA shares were trading at $145.25 per share on Monday afternoon, up $0.90 (+0.62%). Year-to-date, EA has gained 6.60%, versus a 23.77% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: ShreyaRathi</h2> <img src='https:/wp-content/uploads/2024/10/0.jpeg' style="float:left; padding:5px;width:125px;"><a href="https://stocknews.com/authors/?author=shreya-rathi">More...</a>The post <a href=https://stocknews.com/news/ea-pltk-ddi-3-gaming-stocks-to-watch-as-ar-and-esports-revolutionize/>3 Gaming Stocks to Watch as AR and eSports Revolutionize Entertainment</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Gaming Stocks to Watch as AR and eSports Revolutionize Entertainment

In a report released today, Michael Pachter from Wedbush maintained a Buy rating on Playtika Holding (PLTK – Research Report), with a price target ...

Optimistic Outlook for Playtika Following Strategic Acquisition and Strong Financial Performance

Playtika Q3 2024 Earnings Preview

Notable companies reporting before tomorrow's open, with earnings consensus, include Transdigm (TDG), consensus $9.32… Becton Dickinson (BDX), cons...

Notable companies reporting before tomorrow's open

Playtika GAAP EPS of $0.11 misses by $0.07, revenue of $620.8M misses by $1.25M

DDOG

ELAN

GDRX

KVUE

MRNA

PENN

PLNT

PLTK

PZZA

USFD

YETI

Entertainment

Press Releases

General

Playtika's Best Fiends Celebrates a Decade of Fun with a 10th Birthday Extravaganza!

Playtika Enters into Agreement to Acquire SuperPlay, Creator of Hit Mobile Games Dice Dreams and Domino Dreams

Solitaire Grand Harvest Teams Up with "25 Words or Less" Game Show to Inspire Viewers Through Play

Slotomania Extends Exclusive "Let's Make a Deal" Partnership with An Opportunity for Fans to Win Big!

Son of a Blitz! Bingo Blitz and Drew Barrymore Team Up to Give Away a New Smartphone Every Bingo Hour ** Starting Sept. 30!

Slotomania® Unveils Epic October Celebration Extravaganza!

Playtika Announces Date of Third Quarter 2024 Results Conference Call

Bingo Blitz Teams Up with Hallmark Channel In Cheerful TV Spot Featuring Drew Barrymore

It's Time to Sleigh the Slots! House of Fun is Giving House of Fun Players The Chance to Unwrap $1,000 Gift Cards All Month Long

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Playtika Holding Corp. Reports Q3 2024 Financial Results

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