Video Games to Leap Back - Research Report on Activision Blizzard, Inc., Electronic Arts Inc., Take-Two Interactive Software, Inc., MicroStrategy Inc. and TIBCO Software Inc.
NEW YORK, February 19, 2013 /PRNewswire/ --
Today, National Traders Association announced new research reports highlighting Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NASDAQ: EA), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), MicroStrategy Inc. (NASDAQ: MSTR) and TIBCO Software Inc. (NASDAQ: TIBX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Activision Blizzard, Inc. Research Report
Video game publisher Activision Blizzard saw its shares grow by as much as 16 percent this month on the wake of its strong earnings report amid the strong showing of its best selling franchises Call of Duty and Skylanders, with revenue coming in at $2.6 billion and adjusted earnings per share of 78 cents. The shares are expected to go further up with the release of its highly-anticipated StarCraft II sequel, StarCraft II: Heart of the Swarm. However, declining sales of PCs and the rising popularity of tablets and smartphones could pose a threat to the company moving forward, but the upcoming Xbox and PlayStation consoles from Microsoft and Sony should still bring in more profits in the coming years. The Full Research Report on Activision Blizzard, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/af55_ATVI
Electronic Arts Inc. Research Report
Multi-platform video game developer Electronic Arts posted its Q3 2013 results with revenue declining nearly 7 percent year over year due to increasing competition, but still managed to post earnings per share of 57 cents thanks to its high margin digital revenue and strict cost management. Sales of FIFA 13 helped boost the revenue with over 12 million units for the quarter, or 23 percent more than FIFA 12. In addition, the sales help bring down EA's losses to just $45 million compared to $205 million the year before. Moving forward, the company will be focusing more on its stronger titles such as Battlefield and improving its popular Star Wars: The Old Republic. Electronic Arts is set to release more titles soon, rife with micro-transaction features that could earn additional income for the company. The Full Research Report on Electronic Arts Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/1064_EA
Take-Two Interactive Software, Inc. Research Report
Take-Two Interactive, global video game developer, marketer, and publisher, saw its shares jump 2.49 percent after announcing good Q3 results, which also beat expectations. GAAP net revenue came in at $415.8 million compared to $236.3 million year over year, while GAAP net income from operations is $70.9 million or 66 cents per share. The numbers were brought onto by the record-shattering launch of NBA 2K13, Take-Two's newest installment of its popular basketball franchise, which sold 4.5 million copies. Other games like Borderlands 2 and XCOM: Enemy Unknown contributed to the strong results as well, including strong holiday sales. In addition, news of China considering lifting its 13-year ban on video games could post sales in the future, considering the market potential. The Full Research Report on Take-Two Interactive Software, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/9d6e_TTWO
MicroStrategy Inc. Research Report
Microstrategy, provider of enterprise software platforms for business intelligence, and mobile and social intelligence applications, had its target price trimmed from $120.00 to $110.00 by UBS, with a "neutral" rating on the stock. The company traded down 0.47% on Tuesday, hitting $100.27. MicroStrategy has a 52-week low of $83.76 and a 52-week high of $160.00. The stock's 50-day moving average is currently $94.65. It beat expectations on revenues with $164.5 million, up from the expected $160.1 million, but missed on earnings per share at 73 cents compared to the expected 99 cents per share. The Full Research Report on MicroStrategy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/6ae7_MSTR
TIBCO Software Inc. Research Report
Tibco, provider of middleware and infrastructure software, helped put health care and temporary staffing provider back above support at its 10-week moving average with its stock performance as of late. The company predates cloud in the industry, so its latest software is an evolution from older, enterprise approaches. It makes the company a better fit with existing enterprise players that want to give their customers a glide path into cloud. Its most recent acquisition in 2010, was LoyaltyLabs, which works in the marketing space and is applicable across industry groups due to its becoming a platform. Motley Fool says the recently private Dell was a possible buyer before the talks. The Full Research Report on TIBCO Software Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: http://www.nationaltradersassociation.org/r/full_research_report/91e6_TIBX
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SOURCE National Traders Association