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.
A number of analysts gave price targets for ATVI. The highest price target was 75, implying a possible profit 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.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.25 percent, compared to last month. 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. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. 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. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. ATVI has a PEG ratio of 0.45.
In the last 52-weeks, ATVI has achieved a high of 63.19 and a low of 35.12. Today's price is 73.86 percent above the 52-week low, and below the high by 3.37 percent. 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 stock has a market capitalization of $46.1 billion. ATVI will post this quarters earnings in days, on 0000-00-00.