Saturday, 16 February, 2019

Activision Blizzard (ATVI) 4th Quarter Earnings: What to Expect

Activision is about to lay off hundreds of employees Report: Activision Blizzard to lay off hundreds of staff – TheSixthAxis
Laurie Berry | 12 February, 2019, 23:39

ValuEngine cut Activision Blizzard from a sell rating to a strong sell rating in a report on Thursday, February 7th.

Shares of Activision Blizzard (NASDAQ:ATVI) has a market capitalization of $33.54 Billion and its number of outstanding shares are 772.72 Million. Beta stand at 0.97.

Activision Blizzard (NASDAQ:ATVI) has an ABR of 1.52 which is the combined stock view of 22 analysts poll results.

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. (NASDAQ:ATVI). Condor Management has invested 0.44% in Activision Blizzard, Inc.

Analysts polled by Bloomberg are expecting it to report earnings of 4 cents per share on $1.38 billion in revenue during the quarter.

A total of 10 analysts rate Activision Blizzard (NASDAQ:ATVI) as follows: 5 "Buy", 5 "Hold" and 0 "Sell". Return on assets ratio of the Company was 3.20%.

England's World Cup-winning keeper Banks dead at 81
Mr Banks made 628 appearances during a 15-year career in the Football League and won 73 caps for his country. "RIP Gordon Banks . One said: "RIP Gordon Banks ". "We would ask that the privacy of the family is respected at this time".

The Company's sales have grown at an average annualized rate of about 7.60% during the past five years.

Taking a broader look at the analyst consensus, brokerage firms have a price target of $60.54 on Activision Blizzard (NASDAQ:ATVI). The mean target projections are based on 28 opinions. The monthly performance reflected change of -14.60% and indicated -32.44% performance in last quarter. During the yearly overview it downgraded -37.50% and shown -6.79% year to date performance.

The short ratio in the company's stock is documented at 1.40 and the short float is around of 2.23%. Activision Blizzard, Inc. debt-to-equity ratio now stands at 0.25, while its quick ratio hovers at 2.00.

Activision Blizzard is planning an employee downsizing on the 12th. However the six-month change in the insider ownership was recorded -0.36%, as well as three-month change in the institutional ownership was recorded -0.71%.

A commonly-utilized technique for assessing a particular stock's price at any time is by understanding its present value as compared against its 52-week price range. Icon Advisers Comm has invested 0.09% of its capital in Activision Blizzard, Inc. Activision Blizzard, Inc. has the potential to record 1.58 EPS for the current fiscal year, according to equities analysts. A low P/E can indicate either that a company may now be undervalued or that the company is doing exceptionally well relative to its past trends. Since there are so many eyes on the 200-day SMA of Activision Blizzard, many traders will place their orders around this key level. "Last year's Call of Duty: Black Ops 4 was successful, one of 2018's best-selling games according to NPD data, but the publisher lost one of its major franchises after Destiny 2's Forsaken expansion failed to meet Activision's lofty expectations".

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