Electronic Arts, Inc (NASDAQ: EA) is -0.27% lower on its value in year-to-date trading and has touched a low of $124.92 and a high of $168.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EA stock was last observed hovering at around $146.30 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $145.90, the stock is -6.00% and -6.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.27% at the moment leaves the stock 1.92% off its SMA200. EA registered 7.45% gain for a year compared to 6-month gain of 5.21%. The firm has a 50-day simple moving average (SMA 50) of $156.8392 and a 200-day simple moving average (SMA200) of $143.15695.
The stock witnessed a -12.09% loss in the last 1 month and extending the period to 3 months gives it a 1.89%, and is -2.20% down 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 1.31% over the week and 1.68% over the month.
Electronic Arts, Inc (EA) has around 13700 employees, a market worth around $38.27B and $7.39B in sales. Current P/E ratio is 37.47 and Fwd P/E is 17.10. Profit margin for the company is 14.16%. Distance from 52-week low is 16.79% and -13.41% from its 52-week high. The company has generated returns on investments over the last 12 months (11.26%).
The EPS is expected to grow by 12.79% this year
1493.0 institutions hold shares in Electronic Arts, Inc (EA), with institutional investors hold 98.27% of the company’s shares. The shares outstanding are 263.15M, and float is at 236.90M with Short Float at 3.03%. Institutions hold 98.09% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.11 million shares valued at $4.06 billion. The investor’s holdings represent 10.7832 of the EA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.82 million shares valued at $3.88 billion to account for 10.3025 of the shares outstanding. The other top investors are PUBLIC INVESTMENT FUND which holds 24.81 million shares representing 9.1881 and valued at over $3.46 billion, while STATE STREET CORP holds 5.8125 of the shares totaling 15.69 million with a market value of $2.19 billion.
Electronic Arts, Inc (EA) Insider Activity
The most recent transaction is an insider sale by Canfield Stuart, the company’s EVP & Chief Financial Officer. SEC filings show that Canfield Stuart sold 1,000 shares of the company’s common stock on Dec 26 ’24 at a price of $148.18 per share for a total of $0.15 million. Following the sale, the insider now owns 8750.0 shares.
Still, SEC filings show that on Dec 20 ’24, Wilson Andrew (Chairman & CEO) disposed off 5,000 shares at an average price of $148.00 for $0.74 million. The insider now directly holds 47,615 shares of Electronic Arts, Inc (EA).
