Electronic Arts, Inc. [EA] stock prices are down -0.09% to $129.18 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EA shares have lost -0.29% over the last week, with a monthly amount drifted -5.03%, and not seem to be holding up well over a long-time horizon.
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Sponsored
On 19, March 2024, EA SPORTS FC™ Announce New Sponsorship of UEFA’s Women in Football Leadership Programme. In a post published today on Yahoo Finance, 2024 UEFA Women in Football Leadership Programme, Presented by EA SPORTS FC, will support over 30 women from across the industry, taking place in August, in Nyon, Switzerland.
From an analyst’s perspective:
Electronic Arts, Inc. [NASDAQ: EA] stock has seen the most recent analyst activity on January 18, 2024, when Stifel reiterated its Buy rating and also boosted its price target to $155 from $152. Previously, BMO Capital Markets started tracking the stock with Outperform rating on January 09, 2024, and set its price target to $160. On December 12, 2023, Wolfe Research initiated with a Peer Perform rating. BofA Securities upgraded its rating to a Buy and increased its price target to $150 on October 10, 2023. UBS downgraded its rating to a Neutral and raised its price target to $142 on August 02, 2023. HSBC Securities started tracking with a Hold rating for this stock on July 25, 2023, and assigned it a price target of $128. In a note dated July 24, 2023, Credit Suisse reiterated an Outperform rating on this stock and boosted its target price from $142 to $161.
The stock price of Electronic Arts, Inc. [EA] has been fluctuating between $117.47 and $144.53 over the past year. Currently, Wall Street analysts expect the stock to reach $146.29 within the next 12 months. Electronic Arts, Inc. [NASDAQ: EA] shares were valued at $129.18 at the most recent close of the market. An investor can expect a potential return of 13.25% based on the average EA price forecast.
Analyzing the EA fundamentals
The Electronic Arts, Inc. [NASDAQ:EA] reported sales of 7.57B for trailing twelve months, representing a surge of 6.50%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.15 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 128.43 points at the first support level, and at 127.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 130.10, and for the 2nd resistance point, it is at 131.01.
Electronic Arts, Inc. [EA] reported earnings per share of $2.96 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.93/share, meaning a difference of $0.03 and a surprise factor of 1.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.46 per share as compared to estimates of $1.25 per share, a difference of $0.21 representing a surprise of 16.80%.
Ratios To Look Out For
It’s worth pointing out that Electronic Arts, Inc. [NASDAQ:EA]’s Current Ratio is 1.33. Also, the Quick Ratio is 1.33, while the Cash Ratio stands at 0.84. Considering the valuation of this stock, the price to sales ratio is 4.57, the price to book ratio is 4.60 and price to earnings (TTM) ratio is 32.62.
Transactions by insiders
Recent insider trading involved Miele Laura, Chief Operating Officer, that happened on Apr 01 ’24 when 2000.0 shares were sold. Chief People Officer, Singh Vijayanthimala completed a deal on Apr 01 ’24 to sell 800.0 shares. Meanwhile, CEO and Board Chair Wilson Andrew sold 2500.0 shares on Mar 25 ’24.
