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Activision Blizzard, Inc is currently in a long term uptrend where the price is trading 3.8% above its 200 day moving average.
From a valuation standpoint, the stock is 51.1% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 9.1.
Activision Blizzard, Inc's total revenue rose by 21.5% to $2B since the same quarter in the previous year.
Its net income has dropped by 3.2% to $508M since the same quarter in the previous year.
Finally, its free cash flow grew by 26.9% to $1B since the same quarter in the previous year.
Based on the above factors, Activision Blizzard, Inc gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
ISIN | US00507V1098 |
Sector | Communication Services |
Industry | Electronic Gaming & Multimedia |
PE Ratio | 34.61 |
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Target Price | 115.27 |
Market Cap | 71B |
Dividend Yield | 1.0% |
Beta | 0.37 |
Activision Blizzard, Inc., together with its subsidiaries, develops and publishes interactive entertainment content and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Activision, Blizzard, and King. It develops and distributes content and services on video game consoles, personal computers, and mobile devices, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision and Blizzard products. The company also maintains a proprietary online gaming service, Battle.net that facilitates digital distribution of content, online social connectivity, and the creation of user-generated content. In addition, it operates esports leagues and offer digital advertising content; and provides warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company's key product franchises include Call of Duty, World of Warcraft, Diablo, Hearthstone, Overwatch, Overwatch League, and Candy Crush. It serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, and game specialty stores through third-party distribution and licensing arrangements. The company was founded in 1979 and is headquartered in Santa Monica, California. As of October 13, 2023, Activision Blizzard, Inc. operates as a subsidiary of Microsoft Corporation.
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