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. More Details
Flawless balance sheet with solid track record.
Share Price & News
How has Activision Blizzard's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATVI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ATVI's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ATVI underperformed the US Entertainment industry which returned 64.7% over the past year.
Return vs Market: ATVI underperformed the US Market which returned 52.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Activision Blizzard's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StReturns On Capital Are Showing Encouraging Signs At Activision Blizzard (NASDAQ:ATVI)
4 weeks ago | Simply Wall StDoes Activision Blizzard (NASDAQ:ATVI) Deserve A Spot On Your Watchlist?
1 month ago | Simply Wall StActivision Blizzard (NASDAQ:ATVI) Shareholders Have Enjoyed An Impressive 168% Share Price Gain
Is Activision Blizzard undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATVI ($90.08) is trading above our estimate of fair value ($80.88)
Significantly Below Fair Value: ATVI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATVI is good value based on its PE Ratio (30.1x) compared to the US Entertainment industry average (37.7x).
PE vs Market: ATVI is poor value based on its PE Ratio (30.1x) compared to the US market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: ATVI is poor value based on its PEG Ratio (3.6x)
Price to Book Ratio
PB vs Industry: ATVI is good value based on its PB Ratio (4.6x) compared to the US Entertainment industry average (4.8x).
How is Activision Blizzard forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATVI's forecast earnings growth (8.5% per year) is above the savings rate (2%).
Earnings vs Market: ATVI's earnings (8.5% per year) are forecast to grow slower than the US market (16% per year).
High Growth Earnings: ATVI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATVI's revenue (5.9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ATVI's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATVI's Return on Equity is forecast to be low in 3 years time (15.3%).
How has Activision Blizzard performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATVI has high quality earnings.
Growing Profit Margin: ATVI's current net profit margins (27%) are higher than last year (24.2%).
Past Earnings Growth Analysis
Earnings Trend: ATVI's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: ATVI's earnings growth over the past year (48%) exceeds its 5-year average (24.1% per year).
Earnings vs Industry: ATVI earnings growth over the past year (48%) exceeded the Entertainment industry 45.7%.
Return on Equity
High ROE: ATVI's Return on Equity (15.1%) is considered low.
How is Activision Blizzard's financial position?
Financial Position Analysis
Short Term Liabilities: ATVI's short term assets ($10.9B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: ATVI's short term assets ($10.9B) exceed its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: ATVI's debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: ATVI's debt to equity ratio has reduced from 69.8% to 21.6% over the past 5 years.
Debt Coverage: ATVI's debt is well covered by operating cash flow (88.9%).
Interest Coverage: ATVI's interest payments on its debt are well covered by EBIT (30.8x coverage).
What is Activision Blizzard current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATVI's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: ATVI's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: ATVI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: ATVI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ATVI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATVI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bobby Kotick (57 yo)
Mr. Robert A. Kotick, also known as Bobby, has been the Chief Executive Officer at Activision Blizzard, Inc. since February 1991 and served as its President from July 2008 to June 26, 2017. Mr. Kotick is t...
CEO Compensation Analysis
Compensation vs Market: Bobby's total compensation ($USD154.61M) is above average for companies of similar size in the US market ($USD11.13M).
Compensation vs Earnings: Bobby's compensation has increased by more than 20% in the past year.
Experienced Management: ATVI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: ATVI's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ATVI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Activision Blizzard, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Activision Blizzard, Inc.
- Ticker: ATVI
- Exchange: NasdaqGS
- Founded: NaN
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: US$69.994b
- Shares outstanding: 777.02m
- Website: https://www.activisionblizzard.com
Number of Employees
- Activision Blizzard, Inc.
- 3100 Ocean Park Boulevard
- Santa Monica
- United States
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 Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/06 02:40|
|End of Day Share Price||2021/05/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.