Should You Hold Activision Blizzard, Inc. (NASDAQ:ATVI)

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Activision Blizzard, Inc. (NASDAQ:ATVI) closed its last session at $61.96. The stock traded within a range of $60.71 and $62.69. The company operates in the Technology sector with a market capitalization of 46.55 Million. Trading volume for Activision Blizzard, Inc. was 5.44 Million in its previous trading session. Currently, Activision Blizzard, Inc. (NASDAQ:ATVI) has an average volume of 6.02 Million.

Company Profile

Activision Blizzard, Inc., is the world’s most successful standalone interactive entertainment company. Their portfolio includes some of the strongest franchises in all of entertainment, developed by the incredibly talented teams at Activision Publishing, Blizzard Entertainment, King Digital Entertainment, Activision Blizzard Studios, Major League Gaming, and their independent studios, including Toys for Bob, Infinity Ward, Sledgehammer Games and Treyarch. Their entertainment network has nearly 500 million monthly active users in 196 countries, and they’re continuing to expand their capabilities across new platforms, genres, audiences and geographies. They’re proud to be one of FORTUNE’s 100 Best Companies To Work For and their 9,000  employees are some of the best and brightest talents across entertainment, media and technology.

Analyst Views

Activision Blizzard, Inc. (NASDAQ:ATVI) received a Buy rating from 5 analysts. 0 analysts gave its stock an Outperform rating. 0 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Activision Blizzard, Inc. (NASDAQ:ATVI) touched its 1-Year High price of $67.03 on 11/03/17 and its 1-Year Low price of $35.12 on 12/02/16.

EPS & Financials

Activision Blizzard, Inc. (NASDAQ:ATVI) reported its EPS in the last quarter as $0.6/Share beating the analyst estimate of $0.49/Share by a difference of $0.11. This showed a surprise of 22.4% in the last quarter earnings.

For the current quarter, 26 analysts are projecting a mean EPS of $0.89/share. According to their observations and findings, the stock could provide a high EPS of $1.02/share and a low EPS of $0.82/share.

Analysts believe that the company has the potential to earn average revenue of $2.47 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.7 Billion and 2.34 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is NEUTRAL with HIGH volatility. Activision Blizzard, Inc. (NASDAQ:ATVI) has a 20-Day average volume of 6.44 Million. According to today’s trading volume Activision Blizzard, Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.8 Percent and Institutional ownership of 90.6 Percent. The return on assets stands at 6.4%, Return on Equity currently is 11.6% and the Return on Investment value is 8.4%.

Activision Blizzard, Inc. (NASDAQ:ATVI) gross margin percentage stands at 64.6% while its operating margin for the past trailing twelve month is 20.3 percent and its overall profit margin (ttm) is 15.9 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -2.87% with a 50-Day Simple Moving Average of -1.94 percent. As of today, the company has a SMA200 (200-day simple moving average) of 6.72 Percent. The Stock has YTD (year to date) performance of 71.59 percent.

The TTM operating margin for the company stands at 20.3%. The return on invested capital is at 8.4%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 25.99.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 6.72%, and has a solid year to date (YTD) performance of 71.59% which means that the stock is constantly adding to its value from the previous fiscal year end price.