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.
Several price targets were given for ATVI by the analysts covering the stock. The most optimistic price target was 75, implying a possible profit of 22.83 percent. The minimum price target given 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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.25 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.6 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of ATVI's earnings is estimated by analysts to be 310.39 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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 3.37 percent below the high. ATVI has a P/E 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.