|Bid||126.60 x 100|
|Ask||127.99 x 200|
|Day's range||126.10 - 128.18|
|52-week range||78.10 - 129.25|
|PE ratio (TTM)||82.32|
|Earnings date||2 Aug 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||131.00|
As of July 17, Mattel (MAT) was rated a “hold” by 67% of the 15 analysts covering the stock. For Mattel, apart from rising costs and underperforming brands, there have been several problems. Mattel has also stopped paying dividends and is using the funds for investments.
Shares of Take Two Interactive Software (TTWO) popped in late-afternoon trade Wednesday, after Samantha Greenberg, chief investment officer at Margate Capital Management said there was more than 40% upside potential in the video-game maker. Speaking at CNBC's Delivering Alpha conference, Greenberg , a prominent hedge-fund investor, said while Margate was bullish on the entire video-game sector, Take-Two possessed the best potential for a run-up. More broadly, she cited ongoing the ongoing growth of video-game engagement, and the industry shift to recurring revenue streams.
As of July 16, Hasbro (HAS) was rated a “buy” by 60% of the 15 analysts covering the stock. The shift to digital technology has hurt the demand for traditional toys along with expanding e-commerce. To retain its market share, Hasbro has focused on product innovation, developing a digital sales channel.
Jim Cramer delivers his take on callers' favorite stocks at lightning speed, including a health care play he thinks is incorrectly priced.
2K today announced that Olympic medalist, feature film actress, UFC® Hall of Famer and current WWE® Superstar, “Rowdy” Ronda Rousey®, will make her WWE console video game debut in WWE® 2K19, the forthcoming release in the flagship WWE video game franchise. The “Baddest Woman on the Planet” – who put the WWE Universe on notice with a surprise Royal Rumble® 2018 appearance, blockbuster WrestleMania® 34 debut match and continued explosive presence – will appear in WWE 2K19 as a playable character wearing her signature ring gear inspired by “Rowdy” Roddy Piper.
Take-Two Interactive Software, Inc. today announced that it plans to report financial results for the first quarter of its fiscal year 2019, ended June 30, 2018, after the market close on Thursday, August 2, 2018.
2K today announced that the NBA® 2K19 Standard Edition will feature Milwaukee Bucks standout and two-time NBA All-Star Giannis Antetokounmpo on the cover. The first player in NBA history to finish a regular season ranked in the top 20 in total points, rebounds, assists, steals, and blocks, Antetokounmpo has earned the nickname “Greek Freak” for his incredible athletic abilities. Keeping with the NBA 2K19 creative theme, the cover features key words and phrases which hold significance for Giannis, including “Father’s Legacy,” “Fear the Deer,” “Phenom” and of course “Athens,” paying homage to his hometown in Greece.
2K today announced Carnival Games®, the next entry in the popular franchise that has sold-in over 9.5 million units worldwide, is coming to Nintendo Switch™ for the first time on November 6, 2018. Built from the ground up for Nintendo Switch, Carnival Games is fun for the entire family and can be played alone or with up to four players simultaneously, leveraging the unique accessibility of the console’s Joy-Con controllers. Like a real-life county fair, Carnival Games allows players of all ages and experience levels to enjoy classic games like ring toss (“Post Master”) and alley ball horse racing (“Roll-R-Derby”), as well as brand new attractions like drone racing (“Light Speed”) and cosmic bowling (“Cosmic Strike”).
This year's breakaway hit video game, Fortnite, which has drawn a younger generation to free-to-play multiplayer games, sending shockwaves through the console gaming market, has attracted new rivals ready to battle it out for vast mobile phone audiences. Oh BiBi, a small French studio run by former game designers from Gameloft, on Thursday is introducing FRAG, a first-person shooter that lets mobile phone users stage "short but epic" one-on-one battles that could attract more casual game players.
‘Truly brilliant’ game has, in just months, become the most financially successful free-to-play offering everEpic GamesThe free-to-play “Fortnite” made $318 million in May. CORRECTION: A previous version of this report incorrectly characterized “Fortnite” as a first-person-shooter game. “Fortnite: Battle Royale” has unlocked the secret to creating a perfect videogame in 2018.
2K today announced that former WWE Champion, Rey Mysterio, will return to virtual WWE action – for the first time in four years – through WWE® 2K19, the forthcoming release in the flagship WWE video game franchise. The revolutionary luchador and “Master of the 619” – who routinely overcame insurmountable odds and established himself as one of the most popular Superstars in WWE history – will appear in WWE 2K19 as a playable character wearing ring gear reflective of his surprise appearance in the 2018 Royal Rumble. Mysterio, alongside a second playable character to be announced by 2K in the coming weeks, will be available as bonus content for those who pre-order the game at participating retailers for the PlayStation®4 computer entertainment system, the Xbox One family of devices including the Xbox One X and Windows PC.
In this series, we have looked at the estimated growth of the global games industry and compared it with the four core gaming stocks in the United States. Gaming stocks have had an impressive upward rally over the last two years driven by growth in digital gaming and mobile gaming. Of the 29 analysts tracking Activision Blizzard (ATVI), 21 have recommended a “buy,” and eight have recommended a “hold.” The stock doesn’t have any “sell” ratings.
Piper Jaffray analyst Michael Olson predicted Monday that videogame industry revenue will be "~100%" digital by 2022, which he said would be a tailwind for publishers Electronic Arts Inc. (ea) Activision Blizzard Inc. (atvi) and Take-Two Interactive Software Inc. (ttwo) Olson said that the publishers get about 70% to 75% of their revenue from digital sources currently. "In an all-digital videogame world, publisher margins would be dramatically higher," he wrote.
In the previous part of this series, we saw that the global games market is estimated to rise 13.3% YoY (year-over-year) in 2018. We’ll now see how much revenue growth gaming companies are expecting.
In this series, we’ll look at the performance of top gaming companies in the United States and some of their key growth drivers. We’ll look at Activision Blizzard (ATVI), Zynga (ZNGA), Take-Two Interactive (TTWO), and Electronic Arts (EA). Activision Blizzard has a market cap of $58 billion. In the last 12 months, the stock generated returns of 25%, while in the last month it rose 6.4%. In 2017, ATVI rose 76%, while it has risen over 20% in 2018.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
Video game stocks received price-target increases following the annual E3 trade show last week in Los Angeles. Major publishers Activision Blizzard, Electronic Arts and Take-Two Interactive Software are looking healthy heading into the back half of 2018, Wall Street analysts say.
2K today announced AJ Styles® as the cover Superstar for WWE® 2K19, the forthcoming release in the flagship WWE video game franchise. An unparalleled in-ring competitor and distinguished personality recognized globally for his accomplishments spanning nearly two decades, “The Phenomenal One” – also a massive video game enthusiast – will usher in WWE 2K19’s worldwide marketing campaign of “Never Say Never” while inviting fans to learn more about the video game. WWE 2K19 is currently scheduled for worldwide release on October 9, 2018 for the PlayStation®4 computer entertainment system, the Xbox One family of devices including the Xbox One X and Windows PC.