Activision Blizzard Inc

Company Profile

Activision Blizzard Inc had its IPO on 2008-07-10 under the ticker symbol ATVI.

The company operates in the Communication Services sector and Electronic Gaming & Multimedia industry. Activision Blizzard Inc has a staff strength of 13,000 employees.

Stock update

Shares of Activision Blizzard Inc opened at $92.06 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $92.03 - $92.33, and closed at $92.13.

This is a -0.05% slip from the previous day's closing price.

A total volume of 3,044,327 shares were traded at the close of the day’s session.

In the last one week, shares of Activision Blizzard Inc have increased by +0.1%.

Activision Blizzard Inc's Key Ratios

Activision Blizzard Inc has a market cap of $63.55 billion, indicating a price to book ratio of 3.2057 and a price to sales ratio of 8.1241.

In the last 12-months Activision Blizzard Inc’s revenue was $8.14 billion with a gross profit of $5.31 billion and an EBITDA of $2.09 billion. The EBITDA ratio measures Activision Blizzard Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Activision Blizzard Inc’s operating margin was 24.41% while its return on assets stood at 4.74% with a return of equity of 9.79%.

In Q1, Activision Blizzard Inc’s quarterly earnings growth was a positive 86% while revenue growth was a positive 34.8%.

Activision Blizzard Inc’s PE and PEG Ratio

Forward PE

20.1207

Trailing PE

34.2542

PEG

3.7987

Its diluted EPS in the last 12-months stands at $2.36 per share while it has a forward price to earnings multiple of 20.1207 and a PEG multiple of 3.7987. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Activision Blizzard Inc’s profitability.

Activision Blizzard Inc stock is trading at a EV to sales ratio of 7.2333 and a EV to EBITDA ratio of 22.0469. Its price to sales ratio in the trailing 12-months stood at 8.1241.

Activision Blizzard Inc stock pays annual dividends of $0 per share, indicating a yield of 0.55% and a payout ratio of 20%.

Balance sheet and cash flow metrics

Total Assets

$27.39 billion

Total Liabilities

$2.82 billion

Operating Cash Flow

$1.66 billion

Capital Expenditure

$37 million

Dividend Payout Ratio

20%

Activision Blizzard Inc ended 2024 with $27.39 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $27.39 billion while shareholder equity stood at $20.12 billion.

Activision Blizzard Inc ended 2024 with $32.00 million in deferred long-term liabilities, $2.82 billion in other current liabilities, in common stock, $13.91 billion in retained earnings and $9.93 billion in goodwill. Its cash balance stood at $9.24 billion and cash and short-term investments were $12.52 billion. The company’s total short-term debt was $0 while long-term debt stood at $3.61 billion.

Activision Blizzard Inc’s total current assets stands at $14.52 billion while long-term investments were $0 and short-term investments were $3.28 billion. Its net receivables were $764.00 million compared to accounts payable of $177.00 million and inventory worth $0.

In 2024, Activision Blizzard Inc's operating cash flow was $1.66 billion while its capital expenditure stood at $37 million.

Comparatively, Activision Blizzard Inc paid $0.20 in dividends in 2024.

Other key metrics

Current Trading Price

$92.13

52-Week High

$87.01

52-Week Low

$70.94

Analyst Target Price

$91.14

Activision Blizzard Inc stock is currently trading at $92.13 per share. It touched a 52-week high of $87.01 and a 52-week low of $87.01. Analysts tracking the stock have a 12-month average target price of $91.14.

Its 50-day moving average was $90.4 and 200-day moving average was $80.99 The short ratio stood at 2.54 indicating a short percent outstanding of 0%.

Around 85.6% of the company’s stock are held by insiders while 8472.4% are held by institutions.