Traders Watch list: Activision Blizzard, Inc. (NASDAQ:ATVI)
- Author: Arturo Norris Mar 02, 2017,
Mar 02, 2017, 13:19
Activision Blizzard, Inc. (NASDAQ:ATVI)'s stock has performed at 24.98%. Advisory Services Network LLC now owns 3,669 shares of the company's stock valued at $163,000 after buying an additional 711 shares during the period.
Other large investors also recently made changes to their positions in the company.
Heading into the stock price potential, Activision Blizzard, Inc. needs to grow just 13.01% to cross its median price target of $51. Insiders have sold a total of 5,550,602 shares of company stock worth $253,390,498 in the last three months. The company has Beta Value of 1.11 and ATR value of 1.02. According to their observations and findings, the stock could provide a high EPS of $0.44/share and a Low EPS of $0.17/share. Overall, the share price is up 24.98% so far this year.
In the last quarter, Activision Blizzard, Inc reported Annual Earnings of $0.86. The stock is now moving above its 20-Day Simple Moving Average of 13.09% with the 50-Day Simple Moving Average of 13.09 percent. The 52-week high of the share price is $47.639 and the company has a market cap of $33,957 million. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.19. The company beat the analyst EPS Estimate with the difference of $0.19. Activision Blizzard (ATVI) has the most recent dividend payout ratio of 0.14 with a 5-year average payout ratio of 0.18. The companys revenue was up 81.2% compared to the same quarter a year ago. Analysts forecast that Activision Blizzard, Inc will post $1.96 EPS for the current year. Finally, Buckingham Asset Management LLC acquired a new stake in Activision Blizzard during the second quarter valued at $216,000. If you are reading this report on another domain, it was illegally stolen and reposted in violation of USA and worldwide trademark & copyright laws. The original version of this piece can be read at https://www.chaffeybreeze.com/2017/02/28/russell-investments-group-ltd-purchases-new-position-in-activision-blizzard-inc-atvi.html.
Several research analysts have recently issued reports on the stock.
To view the price target ranked by analysts, ATVI attains high-level price target of 57 while lower level target was 39, it can be use an indication to know how much worth stock has stored in it. Analysts believe that we could see stock price minimum in the $42 range (lowest target price), allowing for another -6.94% drop from its current position. Benchmark Co. raised their target price on Activision Blizzard from $49.79 to $50.87 and gave the company a "buy" rating in a research report on Monday, November 7th. At present, 11 analysts recommended Holding these shares while 1 recommended sell, according to FactSet data.
Receive Activision Blizzard, Inc News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Activision Blizzard, Inc with MarketBeat.com's FREE daily email newsletter. Looking over the BCE ranking chart, the BCE got 5 analysts recommendation as a Buy security in previous month pool in contrast with 4 analysts gave buy ratings at this month. The company presently has a consensus rating of "Buy" and an average price target of $49.37. Mizuho increased their price objective on shares of Activision Blizzard to $50.00 in a research report on Friday, February 10th.
2/17/2017 per share and the total transaction amounting to Michael Morhaime. Following the transaction, the chief executive officer now directly owns 189,999 shares in the company, valued at $8,591,754.78. The stock, after opening at $45.50, closed at $45.13 by scoring -1.23%. The disclosure for this sale can be found here. (NASDAQ:ATVI) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $0.92.
"Activision Blizzard, Inc (ATVI) Short Interest Up 20.4% in February" was originally published by Community Financial News and is the sole property of of Community Financial News. The Company has gross margin of 69.30% and profit margin was positive 13.60% in trailing twelve months.