Activision Blizzard moved 0.5% this afternoon session, trading between a high of $92.5499 and a low of $92.3 per share. Yesterday the stock finished at $92.07 per share, compared to an average analyst target price of $94.8.
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The large-cap computer software: prepackaged software company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.2%. Activision Blizzard has trailing twelve months earnings per share (EPS) of 2.73, which at today's prices amounts to a price to earnings (P/E) ratio of 33.9.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.71. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-23 | 7,528,000 | -2,222,000 | 70 | -5.41 |
| 2022-02-25 | 8,803,000 | -2,317,000 | 74 | 2.78 |
| 2021-02-23 | 8,086,000 | -2,260,000 | 72 | 5.88 |
| 2020-02-27 | 6,489,000 | -2,094,000 | 68 | 3.03 |
| 2019-02-28 | 7,500,000 | -2,517,000 | 66 | 3.12 |
| 2018-02-27 | 7,017,000 | -2,501,000 | 64 |
Activision Blizzard's 69.0% average gross margins are thinner than the 70.92% average of the Software industry, implying that the firm might be lacking in competitivity.
