Electronic Arts Inc. [NASDAQ: EA] jumped around 1.57 points on Thursday, while shares priced at $142.29 at the close of the session, up 1.12%. The company report on July 22, 2021 that Electronic Arts Announces the Return of Dead Space, a Remake of the Sci-Fi Classic Survival Horror Game.
Rebuilt from the Ground Up on the Frostbite Engine for Next-Gen, Players Will Experience an Improved Story, Characters and Gameplay Combined with Stunning Visuals and Audio Only on PlayStation 5, Xbox Series X|S and PC.
Motive, a studio of Electronic Arts Inc. (NASDAQ: EA), announced during EA Play Live 2021 the sci-fi classic survival horror game, Dead Space™, will be returning as a remake completely rebuilt from the ground up. Dead Space is being developed exclusively for next generation consoles and PC, raising the level of horror and immersion to unprecedented heights for the franchise through stunning visuals, audio and controls powered by the Frostbite™ game engine. Fans will experience an improved story, characters, gameplay mechanics and more as they fight to survive a living nightmare aboard the desolate mining starship, the USG Ishimura, all while uncovering the dreadful mystery of what happened to the slaughtered crew and ship – watch the official teaser video here.
Electronic Arts Inc. stock is now -0.91% down from its year-to-date (YTD) trading value. EA Stock saw the intraday high of $142.46 and lowest of $140.065 per share. The company’s 52-week high price is 150.30, which means current price is +11.89% above from all time high which was touched on 01/25/21.
Compared to the average trading volume of 2.17M shares, EA reached a trading volume of 1904679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $162.87 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.
Deutsche Bank have made an estimate for Electronic Arts Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 21, 2021. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $150 to $168. The new note on the price target was released on July 13, 2021, representing the official price target for Electronic Arts Inc. stock. Previously, the target price had yet another raise to $151, while MoffettNathanson analysts kept a Neutral rating on EA stock. On April 23, 2021, analysts increased their price target for EA shares from 140 to 165.
The Average True Range (ATR) for Electronic Arts Inc. is set at 2.87, with the Price to Sales ratio for EA stock in the period of the last 12 months amounting to 7.20. The Price to Book ratio for the last quarter was 5.24, with the Price to Cash per share for the same quarter was set at 22.35. Price to Free Cash Flow for EA in the course of the last twelve months was 23.02 with Quick ratio for the last quarter at 2.40.
How has EA stock performed recently?
Electronic Arts Inc. [EA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.26. With this latest performance, EA shares gained by 1.02% in over the last four-week period, additionally sinking by -2.52% over the last 6 months – not to mention a rise of 2.89% 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 50.70, with the RSI for the last a single of trading hit 51.75, and the three-weeks RSI is set at 50.63 for Electronic Arts Inc. [EA]. The present Moving Average for the last 50 days of trading for this stock 142.20, while it was recorded at 141.68 for the last single week of trading, and 136.90 for the last 200 days.
Electronic Arts Inc. [EA]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Electronic Arts Inc. [EA] shares currently have an operating margin of +19.10 and a Gross Margin at +73.07. Electronic Arts Inc.’s Net Margin is presently recorded at +14.79.
Return on Total Capital for EA is now 11.58, given the latest momentum, and Return on Invested Capital for the company is 9.34. Return on Equity for this stock inclined to 10.94, with Return on Assets sitting at 6.86. When it comes to the capital structure of this company, Electronic Arts Inc. [EA] has a Total Debt to Total Equity ratio set at 27.47. Additionally, EA Total Debt to Total Capital is recorded at 21.55, with Total Debt to Total Assets ending up at 16.21. Long-Term Debt to Equity for the company is recorded at 26.51, with the Long-Term Debt to Total Capital now at 20.79.
Reflecting on the efficiency of the workforce at the company, Electronic Arts Inc. [EA] managed to generate an average of $76,091 per employee. Receivables Turnover for the company is 11.53 with a Total Asset Turnover recorded at a value of 0.46.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.
Earnings analysis for Electronic Arts Inc. [EA]
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 24.23%.
Insider trade positions for Electronic Arts Inc. [EA]
There are presently around $36,660 million, or 94.30% of EA stock, in the hands of institutional investors. The top three institutional holders of EA stocks are: BLACKROCK INC. with ownership of 23,793,414, which is approximately 3.479% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 22,162,337 shares of the stock with an approximate value of $3.15 billion in EA stocks shares; and PUBLIC INVESTMENT FUND, currently with $2.02 billion in EA stock with ownership of nearly 91.505% of the company’s market capitalization.
Positions in Electronic Arts Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 453 institutional holders increased their position in Electronic Arts Inc. [NASDAQ:EA] by around 22,336,292 shares. Additionally, 460 investors decreased positions by around 27,835,999 shares, while 143 investors held positions by with 207,467,411 shares. The mentioned changes placed institutional holdings at 257,639,702 shares, according to the latest SEC report filing. EA stock had 97 new institutional investments in for a total of 3,321,533 shares, while 106 institutional investors sold positions of 2,385,034 shares during the same period.