Electronic Arts, Inc (NASDAQ: EA) Emerges As Guiding Light For Investors

Electronic Arts, Inc (NASDAQ:EA) currently has a daily average trading volume of 1.78M but it saw 2320241 shares traded in last market. With a market cap of 42.68B USD, the company’s current market price of $162.72 came falling about -0.09 while comparing to the previous closing price of $162.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $163.00 and as low as $124.92. In the recent trading on the day, stock has struck highest price mark of $161.4701 while lowest mark touched by it was $162.86.

Taking a look at 20-day trading activity of Electronic Arts, Inc (EA) gives us an average price of $151.27, while its current price level is -0.17% below from 52-week high level whereas it is 30.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $146.46 while that of 200 days or SMA-200 reads an average of $139.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that increases to 1.92%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 78.20 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the DZ Bank which upgraded the stock as “Buy” in its note to investors issued on October 31, 2024, recommending a price target of between $135 and $177 for it. Oppenheimer issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $150 and $170.

Over the week, EA’s stock price is moving 3.01% up while it is 11.13% when we observe its performance for the past one month. Year-to-date it is 18.94% up and over the past year, the stock is showing an upside performance of 22.64%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 1.07 beat the consensus estimate of 0.88 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 1.03 while estimate for next year EPS is 4.16. In next quarter, company is expected to be making quarterly sales of $1.82B as analysts are expecting the sales for current fiscal year at $7.66B and seeing the company making $8.12B in sales next year. Moreover, analysts are in estimates of $2.52B for current-quarter revenue.

Currently, Electronic Arts, Inc’s total number of outstanding shares is 266.42M. Company’s return on investment (ROI) stands at 11.26% and return on equity (ROE) at 13.96%. It has a price to earnings ratio (P/E ratio) of 41.79 while having a 19.08 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 5.78 while price to sale or P/S ratio amounts to 5.78. Its return on asset (ROA) is 7.96% on average.