Some Thoughts on Activision Blizzard

By Ken Smith • Wednesday, April 26 09:48 • Permanent Link

Shares of Activision Blizzard have moved -9.2% today, and are now trading at a price of $78.74. In contrast, the S&P 500 index saw a -0.4% change. Today's trading volume is 16,567,074 compared to the stock's average volume of 6,833,611.

Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Based in Santa Monica, United States the company has 13,000 full time employees and a market cap of $62,158,065,664.

The company is now trading -14.63% away from its average analyst target price of $92.23 per share. The 22 analysts following the stock have set target prices ranging from $81.0 to $95.0, and on average give Activision Blizzard a rating of buy.

Over the last year, ATVI shares have gone up 14.0%, which represents a difference of 17.0% when compared to the S&P 500. The stock's 52 week high is $87.01 per share whereas its 52 week low is $70.94. With its operating margins declining an average -4.7% over the last 4 years, Activision Blizzard may not have a strong enough business to keep this trend.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.