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Skillz (SKLZ)
NYSE:SKLZ
Skillz (SKLZ) Stock Price & Analysis
4,182 Followers
SKLZ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.96 - $14.79
Previous Close$6.37
Volume58.55K
Average Volume (3M)134.44K
Market Cap
$136.43M
Enterprise Value-$62.69M
Total Cash (Recent Filing)$335.00M
Total Debt (Recent Filing)$135.88M
Price to Earnings (P/E)-1.2
Beta3.06
Next Earnings
Jul 31, 2024EPS Estimate
-$1.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-5.11
Shares Outstanding21,447,660
10 Day Avg. Volume137,034
30 Day Avg. Volume134,445
Standard Deviation0.24
R-Squared0.34
Alpha-0.08
Financial Highlights & Ratios
Price to Book (P/B)0.60
Price to Sales (P/S)2.69
Price to Cash Flow (P/CF)-1.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.38
Enterprise Value/Gross Profit-0.26
Enterprise Value/Ebitda0.31
Forecast
1Y Price Target
$9.67Price Target Upside51.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Skillz News
Bulls Say, Bears Say
Bulls Say
Financial StabilitySkillz boasts a strong net cash position, providing financial flexibility and a solid foundation for future growth initiatives.
Operational EfficiencySkillz is enhancing operational efficiency, evidenced by a significant reduction in marketing expenses and improved user acquisition returns.
Product DevelopmentThe launch of new titles like Big Run and Tether by Skillz could revitalize the company's game portfolio and attract a broader user base.
Bears Say
Earnings PerformanceSkillz delivered Q1 results below Street expectations with declining paying users.
Operational ChallengesPerformance was impacted by a customer onboarding issue that unwound progress made on the same front earlier.
Revenue ConcernsDespite additional cost-cutting efforts, there is risk that revenue continues to compress and the aggregate profit potential will be limited.
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Ownership Overview
24.35% Insiders
3.72% Mutual Funds
7.34% Other Institutional Investors
64.59% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Skillz
Desktop Users
Mobile Users
SKLZ FAQ
What was Skillz’s price range in the past 12 months?
Skillz lowest stock price was $3.96 and its highest was $14.79 in the past 12 months.
What is Skillz’s market cap?
Currently, no data Available
When is Skillz’s upcoming earnings report date?
Skillz’s upcoming earnings report date is Jul 31, 2024 which is in 72 days.
How were Skillz’s earnings last quarter?
Skillz released its earnings results on May 09, 2024. The company reported -$1.45 earnings per share for the quarter, missing the consensus estimate of -$1.227 by -$0.223.
Is Skillz overvalued?
According to Wall Street analysts Skillz’s price is currently Undervalued.
Does Skillz pay dividends?
Skillz does not currently pay dividends.
What is Skillz’s EPS estimate?
Skillz’s EPS estimate is -$1.18.
How many shares outstanding does Skillz have?
Skillz has 18,017,597 shares outstanding.
What happened to Skillz’s price movement after its last earnings report?
Skillz reported an EPS of -$1.45 in its last earnings report, missing expectations of -$1.227. Following the earnings report the stock price went down -15%.
Which hedge fund is a major shareholder of Skillz?
Among the largest hedge funds holding Skillz’s share is Wildcat Capital Management, Llc. It holds Skillz’s shares valued at 6M.
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Skillz Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.67 (51.81% Upside)
$9.67 (51.81% Upside)
Blogger Sentiment
Bullish
SKLZ Sentiment 66%
Sector Average 67%
Sector Average 67%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-43.39%
12-Months-Change
Fundamentals
Return on Equity
-47.23%
Trailing 12-Months
Asset Growth
-37.54%
Trailing 12-Months
Company Description
Skillz
Founded in 2012, Skillz operates as a marketplace that connects mobile game players worldwide and provides a competitive gaming experience. The company leverages its platform to host casual eSports tournaments.
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SKLZ Earnings Call
Q1 2024
0:00 / 0:00
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SKLZ Stock 12 Month Forecast
Average Price Target
$9.67
▲(51.81% Upside)
Technical Analysis
Best Analysts Covering SKLZ
1 Year
1 Year Success Rate
2/23 ratings generated profit
1 Year Average Return
-60.15%
assigned a buy rating 10 days ago
Copying Michael Pachter's trades and holding each position for 1 Year would result in 8.70% of your transactions generating a profit, with an average return of -60.15% per trade.
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