

This industry currently has a Zacks Industry Rank of 55, which puts it in the top 22% of all 250+ industries.

The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. Toys - Games - Hobbies stocks are, on average, holding a PEG ratio of 1.51 based on yesterday's closing prices. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Meanwhile, ATVI's PEG ratio is currently 1.51. Its industry sports an average Forward P/E of 16.05, so we one might conclude that Activision Blizzard, Inc is trading at a premium comparatively. These results would represent year-over-year changes of -3.23% and +2.54%, respectively.ĭigging into valuation, Activision Blizzard, Inc currently has a Forward P/E ratio of 21.94. Meanwhile, our latest consensus estimate is calling for revenue of $1.8 billion, down 12.86% from the prior-year quarter.ĪTVI's full-year Zacks Consensus Estimates are calling for earnings of $3.60 per share and revenue of $8.57 billion. This would mark a year-over-year decline of 13.1%. In that report, analysts expect Activision Blizzard, Inc to post earnings of $0.73 per share.

Wall Street will be looking for positivity from Activision Blizzard, Inc as it approaches its next earnings report date. Heading into today, shares of the company had gained 0.28% over the past month, outpacing the Consumer Discretionary sector's loss of 4.61% and the S&P 500's loss of 1.42% in that time. Elsewhere, the Dow gained 1.45%, while the tech-heavy Nasdaq added 0.36%. This move lagged the S&P 500's daily gain of 1.61%. Activision Blizzard, Inc (ATVI) closed at $79.03 in the latest trading session, marking a -0.04% move from the prior day.
