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 most optimistic price target was 75, implying potential capital gains of 22.83 percent. The lowest price target was 42, which equates to a potential downside of -31.22 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -12.78 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0.25 percent. If we look at the last 90 days instead, we find a net average change of 1.6 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. ATVI has a PEG ratio of 0.45.
ATVI has traded between a high of 63.19 and a low of 35.12 over the past year. The current market price is above the trailing year's low by 73.86 percent, and 3.37 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.