Electronic Arts, Inc. [EA] stock prices are down -0.57% to $141.18 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EA shares have lost -3.96% over the last week, with a monthly amount drifted -0.04%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Electronic Arts, Inc. [NASDAQ: EA] stock has seen the most recent analyst activity on July 16, 2024, when Oppenheimer reiterated its Outperform rating and also boosted its price target to $170 from $150. Previously, Citigroup downgraded its rating to Neutral on July 15, 2024, and elevated its price target to $161. Stifel reiterated its Buy rating and increased its price target to $155 on January 18, 2024. BMO Capital Markets initiated its recommendation with a Outperform and recommended $160 as its price target on January 09, 2024. In a note dated October 10, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $145 to $150.
The stock price of Electronic Arts, Inc. [EA] has been fluctuating between $117.47 and $148.22 over the past year. Currently, Wall Street analysts expect the stock to reach $146.18 within the next 12 months. Electronic Arts, Inc. [NASDAQ: EA] shares were valued at $141.18 at the most recent close of the market. An investor can expect a potential return of 3.54% based on the average EA price forecast.
Analyzing the EA fundamentals
The Electronic Arts, Inc. [NASDAQ:EA] reported sales of 7.51B for trailing twelve months, representing a drop of -3.21%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.17 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 140.48 points at the first support level, and at 139.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 142.35, and for the 2nd resistance point, it is at 143.51.
Ratios To Look Out For
It’s worth pointing out that Electronic Arts, Inc. [NASDAQ:EA]’s Current Ratio is 1.37. Further, the Quick Ratio stands at 1.37, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 5.00, the price to book ratio is 5.01 and price to earnings (TTM) ratio is 30.18.
Transactions by insiders
Recent insider trading involved Schatz Jacob J., EVP, Global Affairs and CLO, that happened on Jul 15 ’24 when 1000.0 shares were sold. EVP & Chief Financial Officer, Canfield Stuart completed a deal on Jul 11 ’24 to sell 3000.0 shares. Meanwhile, President of EA Entertainment Miele Laura sold 2000.0 shares on Jul 01 ’24.
