ATVI - Activision Blizzard, Inc.
| Previous Close | 45.43 |
| Open | 45.47 |
| Bid | 44.43 x 1200 |
| Ask | 44.84 x 1100 |
| Day's Range | 44.14 - 45.58 |
| 52 Week Range | 39.85 - 84.68 |
| Volume | 17,152,459 |
| Avg. Volume | 13,264,182 |
| Market Cap | 34.032B |
| Beta (3Y Monthly) | 0.92 |
| PE Ratio (TTM) | 18.98 |
| EPS (TTM) | 2.35 |
| Earnings Date | Feb 6, 2019 - Feb 11, 2019 |
| Forward Dividend & Yield | 0.37 (0.81%) |
| Ex-Dividend Date | 2019-03-27 |
| 1y Target Est | 54.44 |
- Motley Fool•6 hours ago
Activision Blizzard Is Doubling Down on Franchise Development
The game maker just closed the books on a solid year, but soft trends in player engagement spark significant changes and efforts to boost performance.
- TheStreet.com•11 hours ago
Disney, Activision, Chipotle and more: 'Mad Money' Lightning Round
Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening: The Walt Disney Co. : "You don't sell Disney, you stick with it for the long term.
- The Wall Street Journal•21 hours ago
[$$] ‘Fortnite’ Effect: The Game Never Ends
The success of that game, the megapopular “Fortnite,” reflects the fast-changing nature of the entertainment complex. “Fortnite” is free to play but still has managed to rack up more than $2.4 billion in revenue from mostly in-game transactions since it launched in late 2017. The rub is that game publishers have become dependent on the relatively few properties capable of delivering a sustained stream of dollars.
- Barrons.com•21 hours ago
Under Armour Is Under Siege, but Constellation Brands, Activision Blizzard, and Walmart Are Humming
After the stock pullback, our 7.3% five-year industry forecast is about 325 basis points or 1.75 times above the 4% five-year market-implied growth on our reverse analysis—as well as the developing story of Constellation’s significant investment in Canadian cannabis-products developer Canopy Growth. The maker and marketer of performance apparel and footwear delivered a low-quality fourth-quarter beat, with adjusted EPS of nine cents coming in ahead of our three-cent estimate and its consensus estimate at four cents. Gross margin expansion of some 160 basis points was also relatively in line with our estimate, reflecting mixed benefits (channel, region), lower product costs, lower promotions, and lower air freight.
- GlobeNewswire•yesterday
CLASS ACTION UPDATE for DXC, MKL, MAXR and ATVI: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Feb. 15, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- GlobeNewswire•yesterday
ACTIVISION EQUITY ALERT: Rosen Law Firm Reminds Activision Blizzard, Inc. Investors of Important Deadline in Securities Class Action Lawsuit – ATVI
NEW YORK, Feb. 15, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Activision Blizzard, Inc. (NASDAQ: ATVI) from August 2,.
- ACCESSWIRE•yesterday
LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $500,000 In Activision Blizzard, Inc. To Contact The Firm
NEW YORK, NY / ACCESSWIRE / February 15, 2019 / Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Activision Blizzard, Inc. ("Activision" or the "Company") (ATVI) of the March 19, 2019 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. If you invested in Activision stock oroptions between August 2, 2018 and January 10, 2019 and would like to discuss your legal rights, click here: www.faruqilaw.com/ATVI.
Motley Fool•yesterdayActivision Plans a Massive Restructuring After Another Disappointing Quarter
Can the video-game publisher stem the tide of players leaving for "Fortnite"?
- Motley Fool•yesterday
Has Activision Blizzard Hit the Bottom for This Cycle?
The share price popped after an ugly batch of news because the market had thought things could be even worse.
- ACCESSWIRE•yesterday
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Markel Corporation (MKL), Maxar Technologies Inc. (MAXR), DBV Technologies S.A. (DBVT) & Activision Blizzard, Inc. (ATVI)
NEW YORK, NY / ACCESSWIRE / February 15, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed againstthe following publicly-traded companies. You can review ...
- GlobeNewswire•yesterday
CLASS ACTION UPDATE for AGN, ATVI, TYME and GE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Feb. 15, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- Motley Fool•yesterday
Why TripAdvisor and Activision Blizzard Have Investors So Skittish
One rose on earnings and one fell, but neither is looking all that attractive in the near term.
- Zacks•yesterday
Activision's (ATVI) 2019 Overwatch League Features New Teams
Activision''s (ATVI) 2019 Overwatch League sees participation from eight new teams that brings the total number of teams to 20.
- InvestorPlace•yesterday
Friday’s Vital Data: Bristol-Myers Squibb, Intel and Activision Blizzard
U.S. stock futures are flat this morning but well off the overnight dips. In early morning trading, the futures on the Dow Jones Industrial Average are up 0.38% and S&P 500 futures are higher by 0.41%. Nasdaq-100 futures have added 0.49%.In the options pits, call buyers were still the busier bunch on Thursday, but the markets had a tizzy brought by the weakest retail sales report since 2009. We also had news that things are not going well with the China tariff deal. Now we are in a stalemate while we await the next meeting or headline. Wall Street is waiting for confirmation before they eliminate the risks from those fronts. The action was more cautious than Wednesday. We saw the options balance shift slightly more bearish, with only 18.1 million calls and 16.3 million puts during the session.However, there is still overall caution among many skeptics of this rally. The CBOE single-session equity put/call volume ratio inched up to 0.6. This is now almost at the 10-day moving average of 0.61.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAlthough options activity was cautious on Thursday, there were a few standouts in options trading. Bristol-Myers Squibb (NYSE:BMY), Activision Blizzard (NASDAQ:ATVI) and Intel (NASDAQ:INTC) had unusual levels of options activity or an unusual mix. This typical is a precursor to sizable stock moves.Let's take a closer look: Bristol-Myers (BMY)BMY stock has seen better days. Last year started well for it, but after topping out in the middle of February, it went into a 35% correction from top to bottom. 2019 started even worse when the stock fell to a new low of $44.30 on Jan. 3 when they announced the Celgene (NASDAQ:CELG) buyout. * 10 Hot Stocks Leading the Market's Blitz Higher Since then, Bristol Meyers stock has rallied and now showing some appetite to continue even further. Options traders on Thursday traded 214% of its daily average. They were still split almost evenly between calls and puts but it does show their interest in it.This is an indication that there should be a move -- most likely the continuation of the current trend. Buying calls is a cheap way to bet on the upside. Conversely, buying puts is a cheap way to buy temporary protection while remaining long the stock. Here they are both active, so investors are still engaged.If the bulls can breakout through $51.50 area then they would have the opportunity to retest $52.90. If that happens, it would offer yet another upside breakout line. So what is happening here is that investors are using options to ride out this mini rally so they can get to bigger rewards above.This is a quality, healthy company whose stock is temporarily broken … but the company is not. The market eventually will fix this so that the trend reflects the actual company prospects. Activision Blizzard (ATVI)The worst may be over for Activision stock, at least for now. This stock, along with many in the sector, have been under severe pressure from major shifts in their customer trends. But it seems like ATVI is adjusting and managing their businesses to right the ship.I recently wrote an article on how to trade the short-term ATVI. In it I noted the breakout potential from $44.30 to $45.60. This upside potential has almost filled as of yesterday but there still is potential upside even above it.The ATVI zone around the recent high of $46.58 per share will now serve as the next breakout potential to target $48 per share and fill the entire Feb. 5 gap. It will need the general market's help and it may take a few days to do it. Eventually, this creep higher will break the long-term descending trend line of lower highs and a much bigger breakout will ensue.This is a long way of saying that the Activision stock has probably bottomed and that it will have a chance at recovering all the way back to $56 per share. There are areas of resistance at several spots along the way, the most major of which are at $49.50, $51.6o and $$53 per share. Intel (INTC)Intel stock mounted a respectable 14% rally off the December lows. The day it went into the earnings event, INTC stock was on the verge of a secondary breakout line. Unfortunately, Wall Street did not like the earnings report headline and the stock sold off as much as 8% when it opened.But this was a fake-out bear trap because since then, the stock has risen 10%. Now it is once more at the verge of another chance at that breakout. The measured move from that would target $56 per share. There will be resistance at $53.20 and $54.70.Now that the gap is almost closed, I weigh the odds of it being the target of this ongoing rally against the idea that this is a mega breakout with $56 per share as the eventual target.I was a bit disappointed that they gave the interim CEO the job for good, especially after such a long search period. But since then, investors have accepted the decision so it's no longer an overhanging issue and my feeling don't matter to how I trade it.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best ETFs You Can Buy * 7 Reasons Stock Buybacks Should Be Illegal * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Compare Brokers The post Fridayas Vital Data: Bristol-Myers Squibb, Intel and Activision Blizzard appeared first on InvestorPlace.
- American City Business Journals•2 days ago
Overwatch League kicks off season with new teams, broadcast partners
The Overwatch League is kicking off its 2019 season Thursday with eight new teams from Asia, Europe and North America all vying for a larger prize this year.
- GlobeNewswire•2 days ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investments in Activision Blizzard, Inc. of Class Action Lawsuit & Upcoming Deadline – ATVI
If you are a shareholder who purchased Activision Blizzard securities between August 2, 2018, and January 10, 2019, both dates inclusive, you have until March 19, 2019, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980.
- GlobeNewswire•2 days ago
CLASS ACTION UPDATE for DBVT, ATVI, VALE and SVXY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Feb. 14, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- InvestorPlace•2 days ago
Is Activision Blizzard Heading in the Right Direction?
Video game publisher Activision Blizzard (NASDAQ:ATVI) announced record fourth-quarter 2018 earnings Feb. 12. However, it was the 8% cut in headcount that sent Activision stock higher. Should investors be confused? Yes and no. Here's why. Business Is SlowIt's never easy to announce job cuts. It's especially tough when your CEO says the following about your business:InvestorPlace - Stock Market News, Stock Advice & Trading Tips"While our financial results for 2018 were the best in our history, we didn't realize our full potential," CEO Bobby Kotick stated in its Q4 2018 press release. "To help us reach our full potential, we have made a number of important leadership changes. These changes should enable us to achieve the many opportunities our industry affords us." * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Activision Blizzard's revenues and adjusted earnings in 2018 were $7.5 billion and $2.1 billion, respectively -- both are records. It made $2.72 a share in 2018, also a record. In terms of growth, revenues increased 6.9% year over year, while EPS rose 23.1% over fiscal 2017. All good, right? Not so much. Analysts were expecting Q4 2018 revenue of $3.04 billion and $1.28 in earnings per share. Activision delivered $2.84 billion in net bookings (excludes deferrals) and $0.90 a share. And fiscal 2019 is shaping up to be slow. Analysts were expecting Activision to deliver $7.3 billion in revenue on the top line and $2.58 a share on the bottom. The company's guidance: $6.0 billion in net revenue, $6.3 billion in net bookings, and $2.10 a share. More than 12 analysts cut Activision's price target as a result of this guidance miss. A big reason for the cut has to do with free-to-play games. Fortnite and Apex Legends are putting a crimp in sales of its top titles such as Overwatch, Hearthstone and World of Warcraft. "It becomes increasingly difficult to convince gamers to pay $60 when high-quality competitive offerings are free," Jeffries analyst Timothy O'Shea said in a report to clients. "We believe it is inevitable more free games will arrive, and our No. 1 prediction for 2019 is that Activision will announce a free-to-play game."The analyst believes Overwatch is one possibility to go free-to-play. Call of Duty: Blackout is another. However, to get to that point, it has to up spending on game development. Hence the layoffs. Make Hay While the Sun ShinesApproximately 750 employees are expected to lose their jobs. For them, no explanation will suffice. However, it makes sense from a business perspective to do this kind of restructuring while business is at record levels, for two reasons. First, Kotick recognizes that Activision faces a severe threat to future revenue generation from free-to-play games and the only way out is to develop games that people want to play: free or otherwise. That's why it's increasing the resources it provides to its core and incubation development teams by 20% in 2019.That money has to come from somewhere. The second reason to do a restructuring now is that it can afford to do so. In 2018, it generated $1.7 billion in free cash flow, which means the affected employees will receive a comprehensive severance package including health benefits, career coaching, and job placement assistance. However, free cash flow in 2018, was 24% lower than in 2017, despite lower capital expenditures. It's clear Activision's cash machine is slowing making these cuts even more import to rightsizing the business. It might sound like something an MBA would say, but when a company grows as is the case with Activision, it's more than plausible that its cost structure's gotten out of whack given the current business climate. Activision's actions are those of a responsible employer. To not could mean more jobs are lost in 2-3 years as competitors eat its lunch. Bottom Line on Activision StockThe average analyst target price is currently $54.70. That's an upside of 22% over the next 12 months. Given the proactive steps, Activision is taking to deliver for shareholders; I like ATVI stock at current prices. It's rare that job cuts make sense. These do. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post Is Activision Blizzard Heading in the Right Direction? appeared first on InvestorPlace.
- GlobeNewswire•2 days ago
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Maxar Technologies Inc. (MAXR), DBV Technologies S.A. (DBVT), Activision Blizzard, Inc. (ATVI) & 22nd Century Group, Inc. (XXII)
NEW YORK, Feb. 14, 2019 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following.
- Business Wire•2 days ago
Overwatch League™ Set to Kick Off 2019 Season with Eight New Teams from Asia, Europe, and North America
This season, 20 teams will compete for the league championship and a share of the US $5 million prize pool. The world’s first major global esports league with city-based teams will be even more fan-friendly, with more ways to watch via enhanced viewing technology through the Twitch All-Access Pass program, expanded broadcast and digital distribution, and a brand-new online shop loaded with team and player merchandise. “We’ve added eight new teams and nearly 100 new players to the Overwatch League, and we’re really excited to see the influx of new talent and to see how teams approach the daunting task of winning the league championship,” said Nate Nanzer, Overwatch League commissioner.
- Zacks•2 days ago
Activision Blizzard (ATVI) Surges: Stock Moves 7% Higher
Activision Blizzard (ATVI) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
- Market Realist•2 days ago
Activision Blizzard Surges Even as Analysts Lower Target Price
Activision Blizzard Surges Even as Analysts Lower Target PriceActivision Blizzard Activision Blizzard (ATVI) released its fourth-quarter earnings yesterday after the markets closed. The company’s earnings were largely in line with estimates.
- GlobeNewswire•3 days ago
CLASS ACTION UPDATE for IMMU, ATVI, GSM and MU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
NEW YORK, Feb. 13, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
- Motley Fool•3 days ago
Stock Market Today: Activision Blizzard Braces for 2019 but Twilio Embraces It
Stocks rose on hopes for a trade deal, a border agreement, and moderate inflation.
- Associated Press•3 days ago
Activision Blizzard and Hilton rise while Groupon falls
Stocks that moved substantially or traded heavily on Wednesday: Activision Blizzard Inc., up $2.90 to $44.57 The video game maker is restructuring and laying off nearly 800 workers as it faces tougher ...
