In a report released today, Ryan Sigdahl from Craig-Hallum maintained a Buy rating on PLAYSTUDIOS (MYPS – Research Report). The company’s shares closed last Friday at $2.35.
Sigdahl covers the Consumer Cyclical sector, focusing on stocks such as Inspired Entertainment, Rush Street Interactive, and Full House Resorts. According to TipRanks, Sigdahl has an average return of 16.2% and a 45.97% success rate on recommended stocks.
PLAYSTUDIOS has an analyst consensus of Strong Buy, with a price target consensus of $5.38.
Based on PLAYSTUDIOS’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $77.11 million and a GAAP net loss of $19.86 million. In comparison, last year the company earned a revenue of $79.38 million and had a GAAP net loss of $1.7 million
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MYPS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
PLAYSTUDIOS (MYPS) Company Description:
Acies Acquisition Corp is a blank check company.
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