Analyst Ratings for Activision Blizzard Inc. (ATVI)Updated: 2017-07-28
Shares of Activision Blizzard Inc. (NASDAQ:ATVI) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, ATVI was issued an average rating of Overweight.
Of the 27 analysts covering the stock, 18 gave it a buy rating, 2 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
ATVI was given price targets by several analysts. The highest price target was 75, implying potential capital gains of 22.83 percent. The most pessimistic price target was 42, implying a possible loss of -31.22 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -12.78 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.6 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of ATVI to grow at a rate of 310.39 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ATVI is 0.45.
In the trailing 52-weeks, ATVI hit 63.19 at the highest peak, while it's lowest trading point was 35.12. Today's price is 73.86 percent above the 52-week low, and 3.37 percent below the high. ATVI has a price/earnings ratio of 138.3. Investors typically compare the P/E ratio to a company's peers in the industry. The ATVI value stock report compares ATVI to some of its peers using value stock charts. The market cap of ATVI is $46.1 billion. ATVI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.