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 $84.75 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $84.63 - $85.1, and closed at $84.89.

This is a +0.41% increase from the previous day's closing price.

A total volume of 5,052,401 shares were traded at the close of the day’s session.

In the last one week, shares of Activision Blizzard Inc have increased by +7.95%.

Activision Blizzard Inc's Key Ratios

Activision Blizzard Inc has a market cap of $66.30 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 $7.53 billion with a gross profit of $5.31 billion and an EBITDA of $1.77 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 22.14% while its return on assets stood at 3.97% with a return of equity of 8.21%.

In Q4, Activision Blizzard Inc’s quarterly earnings growth was a negative -29.3% while revenue growth was a positive 7.9%.

Activision Blizzard Inc’s PE and PEG Ratio

Forward PE

20.1207

Trailing PE

44.0313

PEG

3.7987

Its diluted EPS in the last 12-months stands at $1.92 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 0.56% and a payout ratio of 13.82%.

Balance sheet and cash flow metrics

Total Assets

$27.38 billion

Total Liabilities

$3.56 billion

Operating Cash Flow

$-1801000000.00

Capital Expenditure

$24 million

Dividend Payout Ratio

13.82%

Activision Blizzard Inc ended 2023 with $27.38 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $27.38 billion while shareholder equity stood at $19.24 billion.

Activision Blizzard Inc ended 2023 with $158.00 million in deferred long-term liabilities, $3.56 billion in other current liabilities, in common stock, $13.17 billion in retained earnings and $9.93 billion in goodwill. Its cash balance stood at $7.06 billion and cash and short-term investments were $11.99 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 $14.47 billion while long-term investments were $0 and short-term investments were $4.93 billion. Its net receivables were $1.20 billion compared to accounts payable of $324.00 million and inventory worth $0.

In 2023, Activision Blizzard Inc's operating cash flow was $-1801000000.00 while its capital expenditure stood at $24 million.

Comparatively, Activision Blizzard Inc paid $0.14 in dividends in 2023.

Other key metrics

Current Trading Price

$84.89

52-Week High

$85.72

52-Week Low

$70.94

Analyst Target Price

$91.59

Activision Blizzard Inc stock is currently trading at $84.89 per share. It touched a 52-week high of $85.72 and a 52-week low of $85.72. Analysts tracking the stock have a 12-month average target price of $91.59.

Its 50-day moving average was $77.74 and 200-day moving average was $76.68 The short ratio stood at 2.67 indicating a short percent outstanding of 0%.

Around 86.9% of the company’s stock are held by insiders while 8488.5% are held by institutions.