Electronic Arts, Inc (NASDAQ: EA) is -20.33% lower on its value in year-to-date trading and has touched a low of $115.45 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 $118.58 in the last trading session, with the day’s loss setting it -2.02%.
Currently trading at $116.56, the stock is -17.81% and -24.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.24 million and changing -1.70% at the moment leaves the stock -18.88% off its SMA200. EA registered -16.25% loss for a year compared to 6-month gain of -17.44%. The firm has a 50-day simple moving average (SMA 50) of $153.7422 and a 200-day simple moving average (SMA200) of $143.6969.
The stock witnessed a -21.14% loss in the last 1 month and extending the period to 3 months gives it a -20.01%, and is -17.57% 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 2.74% over the week and 1.79% over the month.
Electronic Arts, Inc (EA) has around 13700 employees, a market worth around $30.57B and $7.39B in sales. Current P/E ratio is 29.93 and Fwd P/E is 14.34. Profit margin for the company is 14.16%. Distance from 52-week low is 0.96% and -30.82% from its 52-week high. The company has generated returns on investments over the last 12 months (11.26%).
with sales reaching $2.34B over the same period.The EPS is expected to grow by 5.70% this year, but quarterly earnings will post -0.75% year-over-year. Quarterly sales are estimated to shrink -1.21% in year-over-year returns.
Electronic Arts, Inc (EA) Top Institutional Holders
1513.0 institutions hold shares in Electronic Arts, Inc (EA), with institutional investors hold 98.55% of the company’s shares. The shares outstanding are 263.15M, and float is at 236.91M with Short Float at 2.99%. Institutions hold 98.36% 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 Wilson Andrew, the company’s Chairman & CEO. SEC filings show that Wilson Andrew sold 5,000 shares of the company’s common stock on Jan 21 ’25 at a price of $142.68 per share for a total of $0.71 million. Following the sale, the insider now owns 42615.0 shares.
Electronic Arts, Inc disclosed in a document filed with the SEC on Jan 15 ’25 that Schatz Jacob J. (EVP, Global Affairs and CLO) sold a total of 1,500 shares of the company’s common stock. The trade occurred on Jan 15 ’25 and was made at $143.45 per share for $0.22 million. Following the transaction, the insider now directly holds 23386.0 shares of the EA stock.
Still, SEC filings show that on Jan 02 ’25, Singh Vijayanthimala (Chief People Officer) disposed off 1,000 shares at an average price of $147.57 for $0.15 million. The insider now directly holds 29,216 shares of Electronic Arts, Inc (EA).
