In the past week, EA stock has gone up by 3.21%, with a monthly gain of 5.97% and a quarterly surge of 15.60%. The volatility ratio for the week is 1.73%, and the volatility levels for the last 30 days are 1.82% for Electronic Arts, Inc. The simple moving average for the last 20 days is 3.88% for EA’s stock, with a simple moving average of 9.61% for the last 200 days.
Is It Worth Investing in Electronic Arts, Inc. (NASDAQ: EA) Right Now?
The price-to-earnings ratio for Electronic Arts, Inc. (NASDAQ: EA) is 31.60x, which is above its average ratio. Moreover, the 36-month beta value for EA is 0.79. Analysts have varying opinions on the stock, with 14 analysts rating it as a “buy,” 8 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for EA is 240.35M and currently, short sellers hold a 2.39% of that float. On July 30, 2024, EA’s average trading volume was 2.34M shares.
EA) stock’s latest price update
Electronic Arts, Inc. (NASDAQ: EA) has experienced a rise in its stock price by 1.84 compared to its previous closing price of 145.18. However, the company has seen a gain of 3.21% in its stock price over the last five trading days. nypost.com reported 2024-07-29 that The strike, which began last week, marked the latest in Hollywood after unions representing writers and actors took to the picket lines last year seeking protections against the use of artificial intelligence.
Analysts’ Opinion of EA
Many brokerage firms have already submitted their reports for EA stocks, with Oppenheimer repeating the rating for EA by listing it as a “Outperform.” The predicted price for EA in the upcoming period, according to Oppenheimer is $170 based on the research report published on July 16, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see EA reach a price target of $161, previously predicting the price at $148. The rating they have provided for EA stocks is “Neutral” according to the report published on July 15th, 2024.
Jefferies gave a rating of “Buy” to EA, setting the target price at $165 in the report published on July 11th of the current year.
EA Trading at 7.18% 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 -0.25% of loss for the given period.
Volatility was left at 1.82%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares surge +6.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.85% upper at present.
During the last 5 trading sessions, EA rose by +3.21%, which changed the moving average for the period of 200-days by +15.44% in comparison to the 20-day moving average, which settled at $142.75. In addition, Electronic Arts, Inc. saw 8.07% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EA starting from Wilson Andrew, who sale 2,500 shares at the price of $142.42 back on Jul 25 ’24. After this action, Wilson Andrew now owns 59,247 shares of Electronic Arts, Inc., valued at $356,054 using the latest closing price.
Schatz Jacob J., the EVP, Global Affairs and CLO of Electronic Arts, Inc., sale 1,000 shares at $144.86 during a trade that took place back on Jul 15 ’24, which means that Schatz Jacob J. is holding 29,317 shares at $144,857 based on the most recent closing price.
Stock Fundamentals for EA
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.77 for the gross margin
The net margin for Electronic Arts, Inc. stands at 0.17. The total capital return value is set at 0.16. Equity return is now at value 17.20, with 9.47 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 1.19. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 22.62.
Currently, EBITDA for the company is 2.06 billion with net debt to EBITDA at -0.55. When we switch over and look at the enterprise to sales, we see a ratio of 5.06. The receivables turnover for the company is 13.38for 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 1.37.
Conclusion
To wrap up, the performance of Electronic Arts, Inc. (EA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
