Analysts at Argus have not made any change to their Buy rating on Activision Blizzard, Inc. when they released a research note on February 16th, 2018, but they now have set a price target of $81, which is an increase from the previous $70. The highest EPS estimate is $0.50 and the lowest is $0.31. The expected future increase in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock. The Sands Capital Management Llc holds 7.32 million shares with $1.71 billion value, down from 7.56M last quarter. Activision Blizzard's payout ratio is 21.49%. The Return on Equity (ROE) value stands at 2.8%. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.55 billion. Company's EPS for the prior five-years is valued at 3.4%, leading it to an EPS value of 9.59% for the next five years. Their revenue meanwhile grew by 33.4% from the last quarter, totaling $2.54 billion.
A number of brokerages have recently issued reports on ATVI.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Activision Blizzard has an average rating of "Buy" and an average price target of $75.03. (NASDAQ:ATVI) earned "Hold" rating by BMO Capital Markets on Thursday, September 7. Zacks Investment Research raised shares of Activision Blizzard from a "hold" rating to a "buy" rating and set a $86.00 price objective on the stock in a report on Tuesday, March 13th. Jefferies maintained the stock with "Buy" rating in Friday, October 27 report. One analyst has rated the stock with a sell rating, five have assigned a hold rating and sixteen have given a buy rating to the stock.
The stock has P/B of 5.38.
Shares of Activision Blizzard stock traded up $0.24 during trading on Friday, hitting $71.61.
The Relative Volume of the company is 0.66 and Average Volume (3 months) is 7.02 million. The stock stands almost $13.38 off versus the 52-week high of $79.63 and $17.84 above the 52-week low of $48.41. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.77 and a current ratio of 1.78. The firm has a market cap of $49,955.89, a price-to-earnings ratio of 32.14, a PEG ratio of 1.79 and a beta of 1.16.
On a weekly basis, the stock is 1.04%. The shares were sold at an average price of $69.88, for a total value of $6,149,440.00. Following the completion of the sale, the chief executive officer now owns 34,398 shares of the company's stock, valued at $2,441,914.02. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Dennis M. Durkin sold 71,488 shares of the company's stock in a transaction dated Wednesday, March 14th. That activity is comparable to their recent volume average trend of almost 5.45 million shares which they recorded over a period of three months. Teacher Retirement Of Texas owns 0.09% invested in MGM Resorts International (NYSE:MGM) for 406,481 shares. The disclosure for this sale can be found here. Hhr Asset Management Llc bought 710,332 shares as the company's stock rose 2.76% while stock markets declined.
The company during the last trade was able to reach a volume of 2.68 million shares.
Shares of ATVI traded down $1.34 during trading on Friday, reaching $65.88. This is a positive change from Activision Blizzard's previous quarterly dividend of $0.26. Macquarie Group Ltd. now owns 13,644 shares of the company's stock valued at $865,000 after buying an additional 744 shares during the last quarter. Goodman Financial Corp bought a new stake in shares of Activision Blizzard in the 4th quarter valued at approximately $127,000. That puts the market capitalization at $19.61 mln.
Joe Dimenna increased its stake in Activision Blizzard Inc (ATVI) by 2931.66% based on its latest 2017Q4 regulatory filing with the SEC. Jaffetilchin Investment Partners LLC purchased a new stake in Activision Blizzard during the third quarter valued at about $210,000. Jackson Wealth Management LLC now owns 12,744 shares of the company's stock valued at $844,000 after buying an additional 788 shares during the last quarter. It also reduced its holding in Gilead Sciences Inc (NASDAQ:GILD) by 6,704 shares in the quarter, leaving it with 50,770 shares, and cut its stake in General Electric Co (NYSE:GE). Mitsubishi UFJ Securities Holdings Co.
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Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.