PLAYSTUDIOS (MYPS) to Release Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect PLAYSTUDIOS to post earnings of ($0.03) per share and revenue of $64.45 million for the quarter.

PLAYSTUDIOS Trading Up 5.5 %

Shares of MYPS opened at $1.35 on Friday. The stock’s 50 day moving average is $1.33 and its two-hundred day moving average is $1.62. PLAYSTUDIOS has a 12 month low of $1.14 and a 12 month high of $2.55. The firm has a market cap of $180.18 million, a P/E ratio of -7.11, a PEG ratio of 17.60 and a beta of 0.90.

Analysts Set New Price Targets

A number of equities analysts recently commented on MYPS shares. Benchmark restated a “hold” rating on shares of PLAYSTUDIOS in a report on Tuesday, March 11th. Macquarie cut their price target on shares of PLAYSTUDIOS from $2.00 to $1.50 and set a “neutral” rating on the stock in a research note on Wednesday, March 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $3.20.

Insiders Place Their Bets

In other news, CFO Scott Edward Peterson sold 29,601 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $1.26, for a total transaction of $37,297.26. Following the transaction, the chief financial officer now owns 504,397 shares in the company, valued at approximately $635,540.22. This trade represents a 5.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 14.29% of the stock is owned by company insiders.

PLAYSTUDIOS Company Profile

PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.