ATVI

Activision Blizzard Inc

TMT, Consumer


Presented:07/19/2016
Price:$41.52
Cap:$30.97B
Current Price:$94.42
Cap:$72.42B

Presented

Date07/19/2016
Price$41.52
Market Cap$30.97B
Ent Value$28.21B
P/E Ratio37.07x
Book Value$11.31
Div Yield0%
Shares O/S746.00M
Ave Daily Vol9,015,755
Short Int14.73%

Current

Price$94.42
Market Cap$72.42B
Activision Blizzard, Inc. is an online, personal computer, video game console, tablet, handheld and mobile game publisher of interactive entertainment. The company operates through three segments: Activision Publishing, Inc., Blizzard Entertainment, Inc and Activision Blizzard Distribution. The Activision Publishing, Inc. segment publishes interactive entertainment software products and downloadable content. It markets its products through retail channels and by digital download. The Blizzard Entertainment, Inc. publishes real-time strategy, role-playing PC games and online subscription-based games in the massively multi-player online role-playing game category. The Activision Blizzard Distribution segment engages in the distribution of interactive entertainment software and hardware products. It provides warehouse, logistic and sales distribution services to third-party publishers. The company was founded in 1979 and is headquartered in Santa Monica, CA.

Publicly traded companies mentioned herein: Activision Blizzard Inc (ATVI), Electronic Arts Inc (EA), Zynga Inc (ZNGA) 

Highlights

The presenter is long shares of Activision Blizzard (ATVI), citing the new game Overwatch and the King acquisition as potential sources of significant upside. By his estimates, ATVI will earn $2.05 in 2016 and $2.60 - $2.75 in 2017, which he thinks will improve shares 30% from current levels to ~55.

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Idea Discussion

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