Activision Blizzard, Inc (NASDAQ:ATVI) EPS from continuing activities was $1.2253 for the fiscal ended 2015-12-31.
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Shares of Activision Blizzard (ATVI) were lower in early-afternoon trading on Friday, despite posting an earnings and revenue beat for the 2016 second quarter. For the current quarter ending in October, Symantec expects its per-share earnings to range from 18 cents to 21 cents. Activision Blizzard already counts with successful franchises like “Star Craft” and “Diablo”, and the company expanded its market with “HearthStone” which is extremely popular among both casual and hardcore gamers.
Investec Asset Management Ltd increased its stake in Activision Blizzard Inc (NASDAQ:ATVI) by 3.56% based on its latest 2016Q1 regulatory filing with the SEC. He covers news about Technology sector Companies which updated frequently. The company has a market cap of $29.28 billion and the numbers of outstanding shares have been calculated to be 738.23 million shares. The firm’s 50-day moving average price is $40.00 and its 200-day moving average price is $35.69. Activision Blizzard has a 52-week low of $24.04 and a 52-week high of $43.05. The company most recent volume stood at 10.98 million shares as compared to average volume of 9.69 million shares. ATVI EPS growth this year and EPS growth next year is 5.90%, 14.93% respectively. Meanwhile, sales growth over the past five years has been of 1.00% and 13.80% quarter over quarter. The increment in digitization of its sales helped the company enhance its margins to an imposing 19.1 percent in the last one year. Meanwhile, volatility for the week is now at 1.92%, and for the month at 2.01%, with a 43.24 target price. Activision Blizzard, Inc. (NASDAQ:ATVI) has a Return on Assets of 5.40%. Total debt to equity ratio of the company for most recent quarter is 0.70 whereas long term debt to equity ratio for most recent quarter is 0.69.
06/16/2016 – Activision Blizzard, Inc had its “overweight” rating reiterated by analysts at Barclays.
Activision Blizzard today announced better-than-expected financial results for the second quarter of 2016.
But in the two before that, the company surpassed expectations with $1.04 billion (against $951 million) in November 2015 and $759 millions (against $665 million) in August 2015.
Activision Blizzard has 738,227,000 shares in issue which have a share price of 40.5 giving Activision Blizzard a market capitalisation of 29.90B Dollars.
The analyst continued, “We are raising our FY:16 revenue estimate to $6.5 billion from $6.4 billion to reflect the Q2 upside, and are raising our EPS estimate to $2.05 from $1.96”.
ATVI has been the topic of a number of other research reports.
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According to FactSet data, the stock has received different ratings from Financial Analysts. Stifel Nicolaus restated a “buy” rating and issued a $40.00 target price (up previously from $35.00) on shares of Activision Blizzard in a report on Wednesday, April 13th.
