Electronic Arts, Inc. (NASDAQ: EA) is 10.33% higher on its value in year-to-date trading and has touched a low of $117.47 and a high of $150.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EA stock was last observed hovering at around $149.12 in the last trading session, with the day’s gains setting it 1.82%.
Currently trading at $150.94, the stock is 5.30% and 8.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing 1.22% at the moment leaves the stock 11.74% off its SMA200. EA registered 10.70% gain for a year compared to 6-month loss of 9.73%.
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The stock witnessed a 9.92% gain in the last 1 month and extending the period to 3 months gives it a 19.02%, and is 6.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.55% over the week and 1.99% over the month.
Electronic Arts, Inc. (EA) has around 13700 employees, a market worth around $40.11B and $7.27B in sales. Current P/E ratio is 35.51 and Fwd P/E is 17.60. Profit margin for the company is 15.83%. Distance from 52-week low is 28.49% and 0.02% from its 52-week high. The company has generated returns on investments over the last 12 months (12.40%).
Electronic Arts, Inc. quarterly earnings per share for the current quarter are estimated at $1.97 with sales reaching $2.01B over the same period.The EPS is expected to grow by 10.69% this year, but quarterly earnings will post 2.20% year-over-year.
The shares outstanding are 266.42M, and float is at 240.35M with Short Float at 2.39%.
Electronic Arts, Inc. (EA) Insider Activity
The most recent transaction is an insider sale by Wilson Andrew, the company’s Chairman & CEO. SEC filings show that Wilson Andrew sold 2,500 shares of the company’s common stock on Jul 25 ’24 at a price of $142.42 per share for a total of $0.36 million. Following the sale, the insider now owns 59247.0 shares.
Electronic Arts, Inc. disclosed in a document filed with the SEC on Jul 15 ’24 that Schatz Jacob J. (EVP, Global Affairs and CLO) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jul 15 ’24 and was made at $144.86 per share for $0.14 million. Following the transaction, the insider now directly holds 29317.0 shares of the EA stock.
Still, SEC filings show that on Jul 11 ’24, Canfield Stuart (EVP & Chief Financial Officer) disposed off 3,000 shares at an average price of $145.00 for $0.43 million. The insider now directly holds 7,553 shares of Electronic Arts, Inc. (EA).
