|Bid||78.21 x 800|
|Ask||80.49 x 1100|
|Day's Range||79.14 - 81.95|
|52 Week Range||79.14 - 151.26|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||25.72|
|Earnings Date||Feb 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||122.60|
NEW YORK, NY / ACCESSWIRE / December 14, 2018 / U.S. markets finished modestly higher on Thursday as investors continue to worry about trade tensions between the U.S. and China. The Dow Jones Industrial ...
The video game industry has not been treated kindly by the stock market recently. Despite the sector’s impressive unit sales, shares of Activision Blizzard (NASDAQ:ATVI), Take-Two Interactive (NASDAQ:TTWO) and Electronic Arts (NASDAQ:EA) have been hammered in recent months. The largest name in the sector is Activision stock, so many investors are looking closely at it.
Deciding if you should use a relative valuation model over an intrinsic valuation model can be a difficult choice for many investors. For example, we can either look at Electronic Read More...
Despite strong sales of its core offerings, near-term challenges have weighed down the stock. Now, TTWO stock has fallen to levels not seen since the spring. Due to this negative market psychology, winning with TTWO stock will require a unique set of gaming skills.
On CNBC's "Mad Money Lightning Round" , Jim Cramer said he's not a fan of Zillow Group Inc Class A (NASDAQ: ZG ). He explained that the company has to accept the fact that some of the business ...
Technology stocks to watch as this new trend evolves include: XSport Global (XSPT), Activision Blizzard (ATVI), Electronic Arts (EA), and Glu Mobile Inc. (GLUU). XSport Global (XSPT)'s flagship company HeadTrainer, Inc, for example, was established to create, develop, promote, market, produce, and distribute online/mobile application cognitive training tools initially intended for the youth, millennial, and adult sports markets. According to XSport, the service will initially include a set of comprehensive digital reports, that will become the athletes' digital blueprint - allowing them to develop a tailored, personalized, wellness regimen.
Today Electronic Arts Inc. (EA) announced the dates for the VIP Demo of Anthem™, as well as the Open Demo. Fans who pre-order Anthem*, as well as EA Access and Origin Access subscribers**, will get access to the VIP Demo on January 25, 2019†, and all players will have a chance to step into their Javelins and experience Anthem for themselves on February 1, 2019. VIP Demo players will be the first Freelancers to face the dangers of the world of Anthem, and will receive an in-game item celebrating their trailblazing spirit.
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / U.S. equities finished modestly lower on Thursday as trade concerns were reignited after the arrest of a Huawei senior executive. The Dow Jones Industrial ...
Former U.S. Navy SEAL Jocko Willink has practiced Brazilian jiu-jitsu throughout his adult life. The former platoon commander recently told CNBC Make It why he believes the sport and martial art is revered by so many smart and successful people.
Dominate the Leaderboards with Skill and Strategy in Quick, Fast-Paced Battles
On Nvidia's earnings call, CEO Jensen Huang said the inventory overhang will take "one or two quarters" to correct, and expressed confidence that gamer demand for mid-range GPUs will improve now that prices (previously inflated due to the shortages caused by crypto demand) have stabilized. Consensus analyst estimates appear to have more than priced in this issue: Not only is Nvidia expected to see its Gaming segment revenue (it covers sales of PC gaming GPUs and console processors) drop 17% annually during the January quarter, it's expected to see annual drops in each of the following three quarters before returning to growth. Overall, Gaming revenue, which still accounts for slightly over half of Nvidia's total revenue, is expected be down 3% in fiscal 2020 (ends in Jan. 2020) to $6.38 billion, following a 19% increase in fiscal 2019.
The recent market pullback has resulted in several gaming stocks trading at 52-week lows. We’ve seen that Activision Blizzard (ATVI), Electronic Arts (EA), Take-Two Interactive (TTWO), Zynga (ZNGA), and Glu Mobile (GLUU) are trading at discounts of 48%, 49%, 32%, 30%, and 5%, respectively, to their 12-month analyst price targets.
Take-Two Interactive Software Inc. (Nasdaq: TTWO) is down over 5% as of 3:05 P.M. EDT following an article by Paul Tassi, a senior contributor to Forbes, which stated that the economy of Red Dead Online “seems broken to the point where it’s hard to know what Rockstar was thinking releasing it in this state,” and noting that the “earn rate for both types of currency is painfully slow,” which does not support the “ludicrous” pricing of items, such as weapons. If you’re not a gamer, then this may not make all that much sense to you, but what Mr. Tassi is saying is that it takes too long to earn the virtual currency that is used to purchase items in the online version of Red Dead Redemption, which negatively impacts the user experience because gamers don’t want to be forced to purchase things with their credit cards.
Electronic Arts (EA) is one of the top gaming companies in the world. EA stock has now fallen 30% since the start of the fourth quarter, and it’s down 21% in 2018. EA’s highly anticipated Battlefield V game launched during the Black Friday shopping extravaganza, but the data for Black Friday sales are still unavailable.
The good news is, video game retailer GameStop (NYSE:GME) topped its third-quarter estimates. The bad news is, disappointing fourth-quarter guidance sent GameStop stock careening following Thursday’s post-close report. Whatever the case, GameStop increasingly understands it may not be able to survive as-is, and as such, it continues to entertain all of its options.