Wall Street predicts Electronic Arts, Inc. (EA) stock to drop by -0.53%

Electronic Arts, Inc. [EA] stock prices are up 0.29% to $148.83 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EA shares have gain 2.51% over the last week, with a monthly amount glided 7.33%, and 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 31, 2024, when Goldman reiterated its Neutral rating and also boosted its price target to $150 from $139. Previously, Oppenheimer reaffirmed its Outperform rating on July 16, 2024, and elevated its price target to $170. On July 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $161 on the stock. Stifel reiterated its recommendation of a Buy and raised its price target to $155 on January 18, 2024. BMO Capital Markets started tracking with a Outperform rating for this stock on January 09, 2024, and assigned it a price target of $160. In a note dated December 12, 2023, Wolfe Research initiated an Peer Perform rating.

The stock price of Electronic Arts, Inc. [EA] has been fluctuating between $117.47 and $153.51 over the past year. Currently, Wall Street analysts expect the stock to reach $148.04 within the next 12 months. Electronic Arts, Inc. [NASDAQ: EA] shares were valued at $148.83 at the most recent close of the market. An investor can expect a potential drop of -0.53% based on the average EA price forecast.

Analyzing the EA fundamentals

The Electronic Arts, Inc. [NASDAQ:EA] reported sales of 7.26B for trailing twelve months, representing a drop of -12.72%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 146.96 points at the first support level, and at 145.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.41, and for the 2nd resistance point, it is at 152.00.

Ratios To Look Out For

It’s worth pointing out that Electronic Arts, Inc. [NASDAQ:EA]’s Current Ratio is 1.45. As well, the Quick Ratio is 1.45, while the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 5.44, the price to book ratio is 5.33 and price to earnings (TTM) ratio is 34.97.

Transactions by insiders

Recent insider trading involved Ubinas Luis A, Director, that happened on Aug 02 ’24 when 2126.0 shares were purchased. Chairman & CEO, Wilson Andrew completed a deal on Jul 25 ’24 to sell 2500.0 shares. Meanwhile, EVP, Global Affairs and CLO Schatz Jacob J. sold 1000.0 shares on Jul 15 ’24.

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