Activision Blizzard Story

Activision Blizzard Inc -- USA Stock  

USD 70.36  1.66  2.42%

Macroaxis News
  
By Nathan Young

Activision Blizzard, Inc. produces video games as well as other items that compliment the video game sector. With Esports gaining serious traction, the video game world has been put on notice to get on board, or they will feel the negative consequences of not participating in competitive gaming. With game companies such as Riot, who produce League of Legends, there are people going to school solely to compete in the Esports arena. Activision Blizzard has been around for some time now, so let us dive into their latest numbers to see if they are primed to excel in the near future.

Business Services
Fama & French Classification
Video Games and Esports Are Setting up for Video Game Companies to Succeed

Taking a look at the company’s third quarter numbers in an 8-K filing, we can see that they set a record for net revenues at $1.57 billion, compared with $990 million for the third quarter of 2015. Net revenues from digital channels were an all-time quarterly record of $1.34 billion, growing 18% quarter over quarter and 114% year over year. Also, the company generated a record third quarter $456 million in operating cash flow for the quarter ended September 30, 2016. These numbers are a positive sign as the company it posting record numbers. Let us switch over to the chart and see if price is agreeing with these record numbers.

Activision Blizzard has been on a healthy uptrend for quite some time, looking at the monthly chart. We can see healthy pullbacks over the long term, but the support trend line has not been broken yet. From a charting perspective, nothing appears to be wrong and it seems to be bouncing for another run to the upside. This is a stock to certainly keep an eye on.




Risks

Taking a look at their latest 10-K filing, we can begin to focus in on the risks that investors should be aware of. The company stated they have taken on significant debt, which could adversely affect the business. They cite entering into a $2.5 billion credit agreement, which is a secured loan and a $250 million secured revolving credit. This is something to watch incase debt levels begin to rise and cash flow begins to slow. Also, the company agrees that they have to maintain delivery of high quality content; otherwise they risk losing customers, which then adversely affects the company.

Conclusion

Overall, this company seems to be on the right track. The debt does raise some flags as that has the potential to get out of hand, but I wouldn’t look deeply into that, rather just be aware of it. The numbers and the chart support that this company appears healthy and a solid investment, but with any investment, be sure to consult a professional to ensure your financial goals are being met.

Story Momentum

This media report from Macroaxis distributed on December 12, 2016 was a factor to the next trading day price appreciation.The overall trading delta against the next closing price was 0.4% . The overall trading delta when the story was published against the current closing price is 88.24% .

Similar stores for Activision Blizzard

few hours ago at http://simplywall.st 
A Look At The Fair Value Of Activision Blizzard Inc
news
How far off is Activision Blizzard Inc from its intrinsic value Using the most recent financial data, I am going to take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today ... Activision Blizzard, Inc. vs. Function Inc. Which is the ... - StockNewsGazette Activision Blizzard, Inc. Examining the Technicals - Economic News
over a month ago at http://ledgergazette.com 
Andra AP fonden Grows Holdings in Activision Blizzard, Inc
news
Activision Blizzard logo Andra AP fonden lifted its holdings in shares of Activision Blizzard, Inc by 26.7 percent in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. Activision Blizzard, Inc Upgraded by Hilliard Lyons to Neutral - StockNewsTimes
over three months ago at http://www.stocknewsjournal.com 
Buy or Sell What Analysts Recommends Activision Blizzard, Inc. , Lamb ...
wsj  News
StockNewsJournal - Oct 3, 2017 Investors who are keeping close eye on the stock of Activision Blizzard, Inc. established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry average stands at ... Do You Own Activision Blizzard, Inc. Shares - TopChronicle Activision Blizzard, Inc Position Boosted by AHL Partners LLP - The Ledger Gazette
over three months ago at http://www.marketwatch.com 
Activision Blizzard reports improved Q2 earnings, gives full-year guidance ...
marketwatch News
Shares of video game developer Activision-Blizzard Inc. s ATVI were down 1.5 percent after hours after the company gave full year guidance that was below Wall Street expectations. Activision Blizzard FY forecasts get a lift from Overwatch - Reuters Activision Blizzard posts record first-half revenues - Seeking Alpha

Latest Stories

Recently Published Macroaxis Headlines

Did you try this?

Run Coins and Tokens Correlation Now
   

Coins and Tokens Correlation

Utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges
Hide  View All  NextLaunch Coins and Tokens Correlation

Compare

Compare Activision Blizzard To Peers

Price to Sales

Price to Sales Comparative Analysis
Activision Blizzard is currently under evaluation in price to sales category among related companies. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.