The price-to-earnings ratio for Electronic Arts, Inc. (NASDAQ: EA) is above average at 34.56x. The 36-month beta value for EA is also noteworthy at 0.80. 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 238.95M, and at present, short sellers hold a 2.32% of that float. The average trading volume of EA on September 05, 2024 was 2.07M shares.
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EA) stock’s latest price update
Electronic Arts, Inc. (NASDAQ: EA) has seen a rise in its stock price by 0.58 in relation to its previous close of 146.23. However, the company has experienced a -1.42% decline in its stock price over the last five trading sessions. zacks.com reported 2024-08-29 that Electronic Arts (EA) reported earnings 30 days ago. What’s next for the stock?
EA’s Market Performance
Electronic Arts, Inc. (EA) has seen a -1.42% fall in stock performance for the week, with a 1.09% gain in the past month and a 7.75% surge in the past quarter. The volatility ratio for the week is 1.88%, and the volatility levels for the past 30 days are at 1.60% for EA. The simple moving average for the past 20 days is -0.52% for EA’s stock, with a 7.04% simple moving average for the past 200 days.
Analysts’ Opinion of EA
Many brokerage firms have already submitted their reports for EA stocks, with Goldman repeating the rating for EA by listing it as a “Neutral.” The predicted price for EA in the upcoming period, according to Goldman is $150 based on the research report published on July 31, 2024 of the current year 2024.
Oppenheimer, on the other hand, stated in their research note that they expect to see EA reach a price target of $170, previously predicting the price at $150. The rating they have provided for EA stocks is “Outperform” according to the report published on July 16th, 2024.
Citigroup gave a rating of “Neutral” to EA, setting the target price at $161 in the report published on July 15th of the current year.
EA Trading at 1.35% 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 -4.19% of loss for the given period.
Volatility was left at 1.60%, however, over the last 30 days, the volatility rate increased by 1.88%, as shares surge +0.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.14% upper at present.
During the last 5 trading sessions, EA fell by -1.42%, which changed the moving average for the period of 200-days by +9.41% in comparison to the 20-day moving average, which settled at $147.92. In addition, Electronic Arts, Inc. saw 7.51% 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 Singh Vijayanthimala, who sale 1,000 shares at the price of $151.70 back on Sep 03 ’24. After this action, Singh Vijayanthimala now owns 30,190 shares of Electronic Arts, Inc., valued at $151,700 using the latest closing price.
Singh Vijayanthimala, the Chief People Officer of Electronic Arts, Inc., sale 7,384 shares at $149.91 during a trade that took place back on Aug 28 ’24, which means that Singh Vijayanthimala is holding 31,190 shares at $1,106,920 based on the most recent closing price.
Stock Fundamentals for EA
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 0.77 for the gross margin
The net margin for Electronic Arts, Inc. stands at 0.16. The total capital return value is set at 0.14. Equity return is now at value 15.62, with 8.93 for asset returns.
Based on Electronic Arts, Inc. (EA), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.97. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 16.47.
Currently, EBITDA for the company is 2.06 billion with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 5.29. The receivables turnover for the company is 16.84for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
In summary, Electronic Arts, Inc. (EA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
