Here Are the Facts You Need to Understand Activision Blizzard (ATVI)

Large-cap technology company Activision Blizzard has moved 0.2% this afternoon, reaching $93.85 per share. In contrast, the average analyst target price for the stock is $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 company is based in the United States. Activision Blizzard currently returns an annual dividend yield of 2.1%.

What to Consider if You Are Thinking of Buying Activision Blizzard:

  • Activision Blizzard has moved 26.0% over the last year.

  • ATVI has a forward P/E ratio of 21.5 based on its EPS guidance of 4.37.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 40.2%.

  • The company has a price to earnings growth (PEG) ratio of 1.74.

  • Its Price to Book (P/B) ratio is 3.55

Activision Blizzard Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023-02-23 2,220,000 -91,000 2,311,000 -7.34
2022-02-25 2,414,000 -80,000 2,494,000 7.04
2021-02-23 2,252,000 -78,000 2,330,000 19.67
2020-02-27 1,831,000 -116,000 1,947,000 1.35
2019-02-28 1,790,000 -131,000 1,921,000 -18.88
2018-02-27 2,213,000 -155,000 2,368,000

Activision Blizzard's free cash flows have a decent average of $2.23 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 77284328544.4%. The compounded average growth rate over this period is 0.0%.

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.

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