Electronic Arts Inc. (NASDAQ:EA) stock went on an upward path that rose over 2.99% on Monday, amounting to a one-week price increase of more than 1.48%. Over the last 12 months, EA stock rose by 4.19%. The one-year EA stock forecast points to a potential downside of -0.13, with the average price target set at $110.17 per share. The average equity rating for EA stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for EA stock reached $29.26 billion, with 298.11 million shares outstanding and 293.35 million shares in the current float. Compared to the average trading volume of 3.08M shares, EA reached a trading volume of 3835035 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 $110.50 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 2.20. 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.
Barclays have made an estimate for Electronic Arts Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on October 22, 2019. The new note on the price target was released on August 07, 2019, representing the official price target for Electronic Arts Inc. stock.
The Average True Range (ATR) for Electronic Arts Inc. is set at 2.39, with the Price to Sales ratio for EA stock in the period of the last 12 months amounting to 5.76. The Price to Book ratio for the last quarter was 4.49, with the Price to Cash per share for the same quarter was set at 17.40. Price to Free Cash Flow for EA in the course of the last twelve months was 20.49 with Quick ratio for the last quarter at 3.50.
How has EA stock performed recently?
Electronic Arts Inc. (EA) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.48. With this latest performance, EA shares gained by 2.66% in over the last four-week period, additionally plugging by 5.84% over the last 6 months – not to mention a rise of 4.19% 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 57.12, with the RSI for the last a single of trading hit 60.92, and the three-weeks RSI is set at 55.72 for Electronic Arts Inc. (EA). The present Moving Average for the last 50 days of trading for this stock 96.15, while it was recorded at 96.20 for the last single week of trading, and 95.18 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 +20.32 and a Gross Margin at +72.73. Electronic Arts Inc.’s Net Margin is presently recorded at +20.66.
Return on Total Capital for EA is now 16.82, given the latest momentum, and Return on Invested Capital for the company is 17.11. Return on Equity for this stock inclined to 20.53, with Return on Assets sitting at 11.62. When it comes to the capital structure of this company, Electronic Arts Inc. (EA) has a Total Debt to Total Equity ratio set at 18.65. Additionally, EA Total Debt to Total Capital is recorded at 15.72, with Total Debt to Total Assets ending up at 11.10. Long-Term Debt to Equity for the company is recorded at 18.65, with the Long-Term Debt to Total Capital now at 15.72.
Reflecting on the efficiency of the workforce at the company, Electronic Arts Inc. (EA) managed to generate an average of $105,052 per employee. Receivables Turnover for the company is 9.79 with a Total Asset Turnover recorded at a value of 0.56. Electronic Arts Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.50 and a Current Ratio set at 3.50.
Earnings analysis for Electronic Arts Inc. (EA)
With the latest financial reports released by the company, Electronic Arts Inc. posted 1.93/share EPS, while the average EPS was predicted by analysts to be reported at 1.94/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.50%. 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 7.85%.
Insider trade positions for Electronic Arts Inc. (EA)
There are presently around $26,823 million, or 97.70% of EA stock, in the hands of institutional investors. The top three institutional holders of EA stocks are: VANGUARD GROUP INC with ownership of 22,247,309, which is approximately 0.801% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 18,277,292 shares of the stock with an approximate value of $1.0 billion in EA stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $1.0 billion in EA stock with ownership of nearly -5.301% of the company’s market capitalization.
Positions in Electronic Arts Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 389 institutional holders increased their position in Electronic Arts Inc. (NASDAQ:EA) by around 33,092,873 shares. Additionally, 364 investors decreased positions by around 31,171,441 shares, while 110 investors held positions by with 217,195,241 shares. The mentioned changes placed institutional holdings at 281,459,555 shares, according to the latest SEC report filing. EA stock had 84 new institutional investments in for a total of 4,820,209 shares, while 101 institutional investors sold positions of 9,071,226 shares during the same period.