logologologologo
  • Home
  • Business
  • Markets
  • Exchange
  • Investment
  • Personal Finance

Top Video Game Stocks for Q4 2022

SOHU, EA, and NTES are top for value, growth, and performance, respectively.

The video game industry is involved in the development, marketing, and sale of video game hardware and software. Top companies include Electronic Arts Inc. and Nintendo Co. Ltd. Video game industry sales generally performed well early in the COVID-19 pandemic as business shutdowns and social-distancing measures limited peoples’ entertainment options. Because consumers can play video games in the home, they have become a popular option. One of the industry’s challenges retaining newly minted gamers as employees return to work at offices amid the reopening of the the economy after the COVID-19 pandemic.

Video game stocks, represented by the VanEck Video Gaming and eSports ETF (ESPO), has underperformed the broader market over the past year. ESPO’s total return was -32.4% over the past 12 months versus the Russell 1000’s total return of -12.5%.

These market performance numbers and all statistics in the tables below are as of Sept. 20,, 2022.

Here are the top three video game stocks with the best value, the fastest growth, and the best performance.

Best Value Video Game Stocks

These are the video game stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you’re paying less for each dollar of profit generated.

  • Sohu.com Ltd.: Sohu.com is a China-based mainstream media platform that owns a broad range of web properties selling information, entertainment, and communication services It offers a news app, mobile news portal, online video website, and online games platform. The company reported Q2 2022 earnings on Aug. 8. Net income fell 88.8% on a 4.7% drop in total revenues year over year (YOY).
  • Nintendo Co. Ltd.: Nintendo is a Japan-based multinational consumer electronics and video game company. It develops and manufactures portable and console game machines as well as software, playing cards, and consumer electronics.
  • Playtika Holding Corp.: Playtika is an Israel-based holding company that, through subsidiaries, offers free-to-play social games on mobile platforms as well as social media networks.

Fastest Growing Video Game Stocks

These are the top video game stocks as ranked by a growth model that scores companies based on a 50/50 weighting of their most recent quarterly YOY percentage revenue growth and their most recent quarterly YOY earnings-per-share (EPS) growth. Both sales and earnings are critical factors in the success of a company. Therefore, ranking companies by only one growth metric is susceptible to the accounting anomalies of that quarter (such as changes in tax law or restructuring costs) that may make one or the other figure unrepresentative of the business in general. Companies with quarterly EPS or revenue growth of over 2,500% were excluded as outliers.

  • Electronic Arts Inc.: Electronic Arts is a global digital interactive entertainment company. It develops games, content, and online services for consoles, mobile devices, and PCs. On Aug. 2, Electronic Arts announced that Q2 2022 net income surged by 52.5% as total revenue rose 13.9% from the prior year quarter.
  • NetEase Inc.: NetEase is a China-based technology company providing online gaming products for mobile and desktop devices. The company also offers intelligent learning services and a suite of business products. NetEase Inc. game division NetEase Games announced on Aug. 31 that it had acquired Quantic Dream S.A., a game developer based in both Montreal and Paris. The value of the transaction was not specified in the announcement. With the acquisition, NetEase now has its first studio in Europe.
  • Take-Two Interactive Software Inc.: Take-Two is an interactive entertainment company that develops, publishes, and sells video games. For PC, console, and mobile platforms. Their products are distributed among multiple methods, from physical retailers to digital downloads. On Sept. 12, Take-Two subsidiary Zynga. Inc. acquired Storemaven, an Israel-based mobile company focusing on technologies for mobile growth and app optimization. The financial terms of the deal were not disclosed. Because Take-Two’s EPS went from positive in Q2 2021 to negative in Q2 2022, it’s not possible to calculate a percentage growth number in the table above.

Video Game Stocks With the Best Performance

These are the video game stocks that had the best returns or smallest declines in total return over the past 12 months out of the companies we looked at.

  • NetEase Inc.: See company description above.
  • Activision Blizzard Inc.: Activision Blizzard is an interactive entertainment company that distributers video game on mobile devices, personal computers and consoles. It also manages an esports league and an online gaming service. On Aug. 1, Activision Blizzard reported its Q2 2022 earnings results. The company’s net loss widened sharply from the same period a year earlier as total revenue also fell 28% YOY. In January 2022, Activision entered into a merger agreement with Microsoft Corp, which is expected to be completed by the end of June 2023.
  • Electronic Arts Inc.: See company description above.

Related posts

March 24, 2023

TikTok CEO fails to convince Congress app is safe


Read more

Categories

  • Business
  • Content
  • Crypto
  • Exchange
  • Inflation
  • Investment
  • Markets
  • Personal Finance
  • Technology
  • Uncategorized

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021

Recent Posts

  • TikTok CEO fails to convince Congress app is safe
  • Deutsche Bank and UBS shares hit as banking fears keep tight grip
  • SEC sues Tron founder Justin Sun, Lindsay Lohan, other celebrities over crypto sales
  • Employees are checked out at work more than at any time in history — and it makes no difference if they work from home or not. Here’s why
  • Rolls-Royce ‘Wraith Black Arrow’ marks end of V12 coupe era

About Us

The Alpha Cut a Vida Street LLC Company
1404 N. Ronald Reagan Blvd.
Suite 1120
Longwood, FL 32750

Link

(843) 256-4375
https://thealphacut.com

Why Us

Terms & Privacy
Policy & Procedure
Disclaimer

This material is not an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only.
Any performance results discussed herein represent past performance, not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, investment performance may be adjusted after the publication of this report. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, equal any corresponding indicated historical performance levels or be suitable for your portfolio.
All data in this communication is provided for informational purposes only and is not intended for trading or investing purposes. We expressly disclaim the accuracy, adequacy, or completeness of any data and content provided by financial exchanges, individual issuers, their respective affiliates and business partners and shall not be liable for any errors, omissions or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon. You agree not to copy, modify, reformat, download, store, reproduce, reprocess, transmit or redistribute any data or information found herein or use any such data or information in a commercial enterprise without obtaining our prior written consent.
We make no express or implied warranties or representations and shall have no liability whatsoever with respect to any data contained herein. The data may not be further redistributed or used to create indices or other financial products. This report and the views expressed herein are subject to change at any time based upon market or other conditions (such as domestic and global economic trends) and are current as of the date of publication hereof. The information, analysis, and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual or entity.
We emphasize that Investment in the securities of smaller companies can involve greater risk than is generally associated with investment in larger, more established companies, and can result in significant capital losses that may have a detrimental effect on the value of your investments.
Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.
Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment. The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.
Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth.As with any structuring of a portfolio of investments, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.
The information, analysis and opinions expressed herein are for general, impersonal information only and are not intended to provide specific advice or recommendations for any individual entity.

copyright © Alpha Cut 2021. All Right Reserved
The Alpha Cut a Vida Street LLC Company