Activision Blizzard Inc's market capitalization of $61,811,514,405 is ahead of 96.84% of US-listed equities.
With a one year PEG ratio of 262.39, Activision Blizzard Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 86.82% of US stocks.
Price to trailing twelve month operating cash flow for ATVI is currently 28.84, higher than 85.89% of US stocks with positive operating cash flow.
Stocks with similar financial metrics, market capitalization, and price volatility to Activision Blizzard Inc are ILMN, BIIB, SPOT, BSX, and PHG.
Activision Blizzard develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company was founded in 2008 and is based in Santa Monica, California.
ATVI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ATVI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Activision Blizzard Inc ranked in the 27th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 57.67%. The most interesting components of our discounted cash flow analysis for Activision Blizzard Inc ended up being:
Interest coverage, a measure of earnings relative to interest payments, is 58.91 -- which is good for besting 90.82% of its peer stocks (US stocks in the Technology sector with positive cash flow).
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than only 13.43% of the free cash flow producing stocks we're observing.
ATVI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 45.1% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CVET, LPTH, BR, HMSY, and INOD can be thought of as valuation peers to ATVI, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
Activision Blizzard (ATVI) is down 1.7%, amid a market downdraft and the news that it's delaying World of Warcraft: Shadowlands, though analysts are fairly sanguine about the delay. In fact, the news could provide a tailwind to 2021 revenues, KeyBanc suggests. It's a short delay, suggesting "the game is close...
Activision Blizzard (ATVI) says it's delaying the release of World of Warcraft: Shadowlands to later in the year. It was previously set for the end of October, but the company is taking "extra time" due ot high expectations: “The anticipation and demand for Shadowlands is the highest it’s ever been...
Three of the largest video game companies have shown impressive five-year runs of their share prices. New console releases from Sony Corporation (NYSE: SNE ) and Microsoft Corporation (NASDAQ: MSFT ) will make their debut in fall 2020. Today’s Stock Wars looks at Electronic Arts Inc (NASDAQ: EA ), Take-Two Interactive Software Inc (NASDAQ: TTWO ) and Activision Blizzard Inc (NASDAQ: ATVI ). Key Games: Activision Blizzard’s “Call of Duty: Modern Warfare” was the bestselling game in 2019. This was the only Activision Blizzard title in the top 15 bestselling games, according to NPD . Take-Two had four games on the 2019 bestseller list. “NBA 2K20” ranked second for sales in 2019. “Borderlands 3,” “Grand Theft Auto V” and “Red Dead Redemption 2” ranked fourth, 11th and 12th, respectively. El...
The offer by Activision Blizzard is an acknowledgement that competitive gaming faces some serious financial challenges because the novel coronavirus has made in-person events near impossible to conduct.