The price-to-earnings ratio for Electronic Arts, Inc. (NASDAQ: EA) is above average at 32.82x. The 36-month beta value for EA is also noteworthy at 0.77. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 8 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for EA is 241.78M, and at present, short sellers hold a 2.88% of that float. The average trading volume of EA on April 09, 2024 was 2.10M shares.
EA) stock’s latest price update
Electronic Arts, Inc. (NASDAQ: EA)’s stock price has decreased by -0.22 compared to its previous closing price of 130.29. However, the company has seen a -2.50% decrease in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-05 that The stock market has thousands of investment opportunities readily available within a few clicks. You just have to log into your brokerage account, initiate a market order for your desired ticker, and you suddenly have exposure to a company.
EA’s Market Performance
EA’s stock has fallen by -2.50% in the past week, with a monthly drop of -3.99% and a quarterly drop of -4.14%. The volatility ratio for the week is 1.71% while the volatility levels for the last 30 days are 1.58% for Electronic Arts, Inc. The simple moving average for the past 20 days is -2.25% for EA’s stock, with a -1.18% simple moving average for the past 200 days.
Analysts’ Opinion of EA
Many brokerage firms have already submitted their reports for EA stocks, with Stifel repeating the rating for EA by listing it as a “Buy.” The predicted price for EA in the upcoming period, according to Stifel is $155 based on the research report published on January 18, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see EA reach a price target of $160. The rating they have provided for EA stocks is “Outperform” according to the report published on January 09th, 2024.
EA Trading at -4.91% from the 50-Day Moving Average
After a stumble in the market that brought EA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.05% of loss for the given period.
Volatility was left at 1.58%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares sank -3.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.43% lower at present.
During the last 5 trading sessions, EA fell by -2.50%, which changed the moving average for the period of 200-days by +4.36% in comparison to the 20-day moving average, which settled at $132.74. In addition, Electronic Arts, Inc. saw -4.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EA starting from Miele Laura, who sale 2,000 shares at the price of $132.82 back on Apr 01 ’24. After this action, Miele Laura now owns 34,772 shares of Electronic Arts, Inc., valued at $265,640 using the latest closing price.
Singh Vijayanthimala, the Chief People Officer of Electronic Arts, Inc., sale 800 shares at $132.82 during a trade that took place back on Apr 01 ’24, which means that Singh Vijayanthimala is holding 27,083 shares at $106,256 based on the most recent closing price.
Stock Fundamentals for EA
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.76 for the gross margin
The net margin for Electronic Arts, Inc. stands at 0.14. The total capital return value is set at 0.16. Equity return is now at value 14.31, with 7.97 for asset returns.
Based on Electronic Arts, Inc. (EA), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.2. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 32.96.
Currently, EBITDA for the company is 2.09 billion with net debt to EBITDA at -0.41. When we switch over and look at the enterprise to sales, we see a ratio of 4.44. The receivables turnover for the company is 8.83for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
In summary, Electronic Arts, Inc. (EA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
