Electronic Arts Inc. [EA] Stock Looks Poised to Climb Further

In a recent bid Electronic Arts Inc. [EA] faced a contemporary bid of $128.38 yielding a 5.65% incline where 2.35 million shares have exchanged hands over the last week. EA amount got a fall by -0.90% or -$1.16 versus $129.54 at the end of the prior session. This change led market cap to move at 36.44B, putting the price 49.82% below the 52-week high and -12.88% above the 52-week low. The company’s stock has a normal trading capacity of 2.35 million shares while the relative volume is 0.85.

On 24, November 2020, EA SPORTS FIFA 21 Delivers the Most Authentic Matchday Experience to Date Through the Power of Next Generation Hardware. According to news published on Yahoo Finance, Next Level Audio, Visuals, and Movement Immerse Players In The World’s Game Like Never Before.

Analyst Birdseye View:

The most recent analyst activity for Electronic Arts Inc. [NASDAQ:EA] stock was on November 06, 2020, when it was Downgrade with a Neutral rating from Piper Sandler, which also lowered its 12-month price target on the stock from $157 to $133. Before that, on November 16, 2020, Evercore ISI Recapitulated an In-line rating and elevated its amount target to $135. On August 11, 2020, Needham Reiterated a Buy rating and boosted its price target on this stock from $150 to $165. On July 31, 2020, KeyBanc Capital Markets Upgrade an Overweight rating. On July 21, 2020, Stifel Reiterated a Buy rating and increased its price target to $154. On July 07, 2020, Oppenheimer Reiterated an Outperform rating and boosted its amount target on this stock to $150. On June 26, 2020, Needham Reiterated a Buy rating and boosted its target amount on this stock from $135 to $150. On June 23, 2020 MKM Partners Reiterated a Buy rating and elevated its amount target to $144.

In the past 52 weeks of trading, this stock has oscillated between a low of $85.69 and a peak of $147.36. Right now, according to Wall Street analyst the average 12-month amount target is $149.52. At the most recent market close, shares of Electronic Arts Inc. [NASDAQ:EA] were valued at $128.38. According to the average price forecast, investors can expect a potential return of 0.91%.

FUNDAMENTAL ANALYSIS

Electronic Arts Inc. [NASDAQ:EA] most recently reported quarterly sales of 1.15 billion, which represented growth of -14.60%. This publicly-traded organization’s revenue is $557,755 per employee, while its income is $310,102 per employee. This company’s Gross Margin is currently 75.80%, its Operating Margin is 24.70%, its Pretax Margin is +27.59, and its Net Margin is +55.60. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 30.29, 47.51, 18.50 and 42.39 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 14.05 and the whole liability to whole assets at 10.98. It shows enduring liability to the whole principal at 6.36 and enduring liability to assets at 0.05 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 127.42 points at 1st support level, the second support level is making up to 126.45. But as of 1st resistance point, this stock is sitting at 130.11 and at 131.83 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Electronic Arts Inc. [NASDAQ:EA] is 2.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 2.15. Now if looking for a valuation of this stock’s amount to sales ratio it’s 5.41, it’s amount to book ratio is 3.87 and showing 28.59 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Miele Laura, Chief Studios Officer, and it was the sale of 785.0 shares on Dec 01. Bilbey Matthew, the EVP of Strategic Growth, completed a sale of 330.0 shares on Dec 01. On Dec 01, Singh Vijayanthimala, Chief People Officer, completed a sale of 800.0 shares.