Electronic Arts Inc. [NASDAQ: EA] stock went on an upward path that rose over 1.01% on Monday, amounting to a one-week price decrease of less than -2.66%. Over the last 12 months, EA stock rose by 23.22%. The one-year Electronic Arts Inc. stock forecast points to a potential upside of 4.37. The average equity rating for EA stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $34.66 billion, with 290.00 million shares outstanding and 287.33 million shares in the current float. Compared to the average trading volume of 4.06M shares, EA stock reached a trading volume of 3496623 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Electronic Arts Inc. [EA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EA shares is $124.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EA stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Electronic Arts Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on April 07, 2020. The new note on the price target was released on March 24, 2020, representing the official price target for Electronic Arts Inc. stock. Previously, the target price had yet another drop from $120 to $114, while MKM Partners kept a Buy rating on EA stock. On February 03, 2020, analysts decreased their price target for EA shares from 130 to 110.
The Average True Range (ATR) for Electronic Arts Inc. is set at 3.77, with the Price to Sales ratio for EA stock in the period of the last 12 months amounting to 6.26. The Price to Book ratio for the last quarter was 4.64, with the Price to Cash per share for the same quarter was set at 19.78. Price to Free Cash Flow for EA in the course of the last twelve months was 20.92 with Quick ratio for the last quarter at 2.40.
EA Stock Performance Analysis:
Electronic Arts Inc. [EA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.66. With this latest performance, EA shares gained by 2.32% in over the last four-week period, additionally plugging by 17.03% over the last 6 months – not to mention a rise of 23.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EA stock in for the last two-week period is set at 55.34, with the RSI for the last a single of trading hit 53.06, and the three-weeks RSI is set at 55.31 for Electronic Arts Inc. [EA]. The present Moving Average for the last 50 days of trading for this stock 113.82, while it was recorded at 119.06 for the last single week of trading, and 104.45 for the last 200 days.
Insight into Electronic Arts Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Electronic Arts Inc. [EA] shares currently have an operating margin of +25.39 and a Gross Margin at +74.55. Electronic Arts Inc.’s Net Margin is presently recorded at +55.60.
Return on Total Capital for EA is now 18.50, given the latest momentum, and Return on Invested Capital for the company is 42.85. Return on Equity for this stock inclined to 47.51, with Return on Assets sitting at 30.29. When it comes to the capital structure of this company, Electronic Arts Inc. [EA] has a Total Debt to Total Equity ratio set at 13.35. Additionally, EA Total Debt to Total Capital is recorded at 11.78, with Total Debt to Total Assets ending up at 10.98. Long-Term Debt to Equity for the company is recorded at 5.32, with the Long-Term Debt to Total Capital now at 4.69.
Receivables Turnover for the company is 10.22 with a Total Asset Turnover recorded at a value of 0.54.Electronic Arts Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.40 and a Current Ratio set at 2.40.
EA Stock EPS
With the latest financial reports released by the company, Electronic Arts Inc. posted 0.25/share EPS, while the average EPS was predicted by analysts to be reported at 0.01/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2,400.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Electronic Arts Inc. go to 12.33%.
Electronic Arts Inc. [EA] Insider Position Details
There are presently around $30,707 million, or 94.10% of EA stock, in the hands of institutional investors. The top three institutional holders of EA stocks are: VANGUARD GROUP INC with ownership of 23,153,592, which is approximately 2.637% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 19,532,178 shares of the stock with an approximate value of $2.31 billion in EA stocks shares; and STATE STREET CORP, currently with $1.66 billion in EA stock with ownership of nearly 5.658% of the company’s market capitalization.
Positions in Electronic Arts Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 464 institutional holders increased their position in Electronic Arts Inc. [NASDAQ:EA] by around 25,311,577 shares. Additionally, 404 investors decreased positions by around 30,618,225 shares, while 102 investors held positions by with 203,599,388 shares. The mentioned changes placed institutional holdings at 259,529,190 shares, according to the latest SEC report filing. EA stock had 128 new institutional investments in for a total of 5,314,684 shares, while 108 institutional investors sold positions of 8,716,549 shares during the same period.