Electronic Arts, Inc. [NASDAQ: EA] surged by $1.27 during the normal trading session on while it closed the day at $149.12.
Electronic Arts, Inc. stock has also gained 5.02% of its value over the past 7 days. However, EA stock has inclined by 16.59% in the 3 months of the year. Over the past six months meanwhile, it has gained 7.61% and gained 9.00% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for EA stock reached $39.63 billion, with 266.42 million shares outstanding and 240.35 million shares in the current float. Compared to the average trading volume of 2.36M shares, EA reached a trading volume of 4083131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $152.81 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 2.18. 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.
Oppenheimer have made an estimate for Electronic Arts, Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 16, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $148 to $161. The new note on the price target was released on July 15, 2024, representing the official price target for Electronic Arts, Inc. stock. Previously, the target price had yet another raise from $160 to $165, while Jefferies kept a Buy rating on EA stock. On January 18, 2024, analysts increased their price target for EA shares from 152 to 155.
The Average True Range (ATR) for Electronic Arts, Inc. is set at 2.75, with the Price to Sales ratio for EA stock in the period of the last 12 months amounting to 5.28. The Price to Book ratio for the last quarter was 5.29, with the Price to Cash per share for the same quarter was set at 12.28. Price to Free Cash Flow for EA in the course of the last twelve months was 18.73 with Quick ratio for the last quarter at 1.37.
EA stock trade performance evaluation
Electronic Arts, Inc. [EA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.02. With this latest performance, EA shares gained by 7.03% in over the last four-week period, additionally plugging by 7.61% over the last 6 months – not to mention a rise of 8.18% 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 66.45, with the RSI for the last a single of trading hit 69.02, and the three-weeks RSI is set at 64.94 for Electronic Arts, Inc. [EA]. The present Moving Average for the last 50 days of trading for this stock 138.75, while it was recorded at 145.03 for the last single week of trading, and 135.08 for the last 200 days.
Electronic Arts, Inc. [EA]: An insightful look at the core fundamentals
Electronic Arts, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.37 and a Current Ratio set at 1.37.
Earnings per share (EPS) analysis for Electronic Arts, Inc. [EA] stock
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 12.40%.
Electronic Arts, Inc. [EA]: Institutional Ownership
The top three institutional holders of EA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in EA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in EA stock with ownership which is approximately 5.1238%.
