A share price of Electronic Arts, Inc. [EA] is currently trading at $147.85, up 1.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The EA shares have gain 3.21% over the last week, with a monthly amount glided 5.97%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
Electronic Arts, Inc. experienced fluctuations in its stock price throughout the past year between $117.47 and $148.22. 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 $147.85 at the most recent close of the market. An investor can expect a potential drop of -1.13% based on the average EA price forecast.
Analyzing the EA fundamentals
Trailing Twelve Months sales for Electronic Arts, Inc. [NASDAQ:EA] were 7.51B which represents -3.21% decline. 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 145.91 points at the first support level, and at 143.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 148.89, and for the 2nd resistance point, it is at 149.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Electronic Arts, Inc. [NASDAQ:EA] is 1.37. On the other hand, the Quick Ratio is 1.37, and the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 5.23, the price to book ratio is 5.24 and price to earnings (TTM) ratio is 31.60.
Transactions by insiders
Recent insider trading involved Wilson Andrew, Chairman & CEO, that happened on Jul 25 ’24 when 2500.0 shares were sold. EVP, Global Affairs and CLO, Schatz Jacob J. completed a deal on Jul 15 ’24 to sell 1000.0 shares. Meanwhile, EVP & Chief Financial Officer Canfield Stuart sold 3000.0 shares on Jul 11 ’24.
