Activision Blizzard, Inc. (ATVI) – A Trader’s Perspective

Walther Christopher B, Chief Legal Officer, subtracted 11,333 shares of Activision Blizzard, Inc. (ATVI) from its portfolio at the rate of $47.91 per share valuing $542,997 on Jul 01. The insider left behind 193,489 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Activision Blizzard, Inc. (ATVI) was $47.34. Currently, the 1st Resistance Point for this stock is $47.80, with a 2nd Resistance Point sitting at $48.27. Meanwhile, this company’s stock has a 1st Support Level at $46.65 and a 2nd Support Level at $45.97. Activision Blizzard, Inc. (ATVI) stock has lost -$1.32, or -2.71%, in the past five days. In the last full month, these shares have gained $0.64, or 1.37%. In the past three months, this stock’s price has risen by $0.17, or 0.36%. This year-to-date, Activision Blizzard, Inc. (ATVI) shares have gained $0.77, or 1.65%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Activision Blizzard, Inc. (ATVI) stock, 60% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 766,007 K shares outstanding, this company currently has a market capitalization of $35,879,768K. Activision Blizzard, Inc. (ATVI) generates $7,500 M in annual sales, amounting to annual net income of $1,813 M. This stock has generated a 1-Year Total Return of -39.78%, a 3-Year Total Return of 12.18%, and a 5-year Total Return of 106.45%. This stock’s 5-Year Dividend Growth is 78.95%, with its most recent dividend valued at $0.370 per share on 03/27/19. Its Annual Dividend Yield is 0.79%, and its Annual Dividend Rate is 0.37.

In the most recently-reported fiscal quarter, which ended in Mar-19, Activision Blizzard, Inc. (ATVI) reported earnings of $0.31 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.25 per share, representing a 0.06 difference and 24.85% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.29 represented a 0 difference from the consensus estimate calling for $1.29 per share, which was a 0.33% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.20 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $0.23 and the low estimate was $0.16. In the year-ago quarter, Activision Blizzard, Inc. (ATVI) generated per-share earnings of $0.35. If the analysts are correct about the current quarter’s earnings, the growth will be -42.86% .

Turning our focus now to insider trading activity, there have been 10 purchases (110,771 shares in total) and 5 sale (55,564 shares in total) in the last 3 months. In the last 6 months, there have been 14 insider buys amounting to 565,355 shares and 8 insider sales amounting to 83,667 shares. In the past full year, 25 insider purchases were made (involving 752,173 shares) and 15 insider sell-offs equivalent to 106,976 shares.

Moving onto liquidity, Activision Blizzard, Inc. (ATVI) has a Current Ratio of 2.31, a Quick Ratio of 2.29 and a Cash Ratio of 1.60. Looking at this company’s capital structure, its Total Debt to Total Equity is 23.52, its Total Debt to Total Capital is 19.04, and its Total Debt to Total Assets is now 14.98. Looking even further ahead into the future, its Long-Term Debt to Equity is 23.52 and its Long-Term Debt to Total Capital is 19.04.