Activision Blizzard, Inc (NASDAQ:ATVI) most recently reported quarterly actual earnings per share of $0.4 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.37. The difference between the estimate and the actual EPS was $0.03 creating a surprise factor of 8.11%. Currently, the company has an impact score of 77. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of -0.189. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $46.714 on the shares. The most bullish brokerage firm has a $56 target, while the most bearish sees the stock headed towards $32. This is according to the 14 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 1.63. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 14 recommendations taking into account in order to arrive at this number. Of the 14, 9 have a Strong Buy rating and 2 are rating it a Buy.
Activision, Inc. (Activision Blizzard) is a worldwide publisher of online, personal computer (PC), console, handheld, and mobile interactive entertainment products. The Company operates in three segments: Activision Publishing, Inc. (Activision) and its subsidiaries engaged in publishing interactive entertainment software products and downloadable content; Blizzard Entertainment, Inc. (Blizzard) and its subsidiaries engaged in publishing real-time strategy, role-playing PC games and online subscription-based games in the multiplayer online role-playing game (MMORPG) category, and Activision Blizzard Distribution engaged in distributing interactive entertainment software and hardware products (Distribution). In October 2013, ASAC II LP raised its stake to 24.9% from 9.512%, by acquiring a further 15.388% interest in Activision Blizzard Inc from Vivendi SA.
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