On Tuesday, Electronic Arts, Inc. (NASDAQ: EA) opened lower -0.39% from the last session, before settling in for the closing price of $127.05. Price fluctuations for EA have ranged from $117.47 to $144.53 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 10.38% over the past five years. Company’s average yearly earnings per share was noted 9.77% at the time writing. With a float of $241.78 million, this company’s outstanding shares have now reached $272.91 million.
Let’s look at the performance matrix of the company that is accounted for 13400 employees.
Electronic Arts, Inc. (EA) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Electronic Gaming & Multimedia industry is another important factor to consider. The insider ownership of Electronic Arts, Inc. is 9.56%, while institutional ownership is 85.07%. The most recent insider transaction that took place on Apr 15 ’24, was worth 128,210. In this transaction Chief Legal Officer of this company sold 1,000 shares at a rate of $128.21, taking the stock ownership to the 18,426 shares. Before that another transaction happened on Apr 01 ’24, when Company’s Chief Operating Officer sold 2,000 for $132.82, making the entire transaction worth $265,640. This insider now owns 34,772 shares in total.
Electronic Arts, Inc. (EA) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 9.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.70% during the next five years compared to -2.89% drop over the previous five years of trading.
Electronic Arts, Inc. (NASDAQ: EA) Trading Performance Indicators
Check out the current performance indicators for Electronic Arts, Inc. (EA). In the past quarter, the stock posted a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.47. Likewise, its price to free cash flow for the trailing twelve months is 15.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.96, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 7.61 in one year’s time.
Technical Analysis of Electronic Arts, Inc. (EA)
Electronic Arts, Inc. (NASDAQ: EA) saw its 5-day average volume 1.96 million, a negative change from its year-to-date volume of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 4.94%. Additionally, its Average True Range was 2.08.
During the past 100 days, Electronic Arts, Inc.’s (EA) raw stochastic average was set at 1.05%, which indicates a significant decrease from 2.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.14% in the past 14 days, which was lower than the 14.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $135.39, while its 200-day Moving Average is $131.58. Nevertheless, the first resistance level for the watch stands at $128.09 in the near term. At $129.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $130.50. If the price goes on to break the first support level at $125.68, it is likely to go to the next support level at $124.82. The third support level lies at $123.27 if the price breaches the second support level.
Electronic Arts, Inc. (NASDAQ: EA) Key Stats
There are currently 267,350K shares outstanding in the company with a market cap of 33.83 billion. Presently, the company’s annual sales total 7,426 M according to its annual income of 802,000 K. Last quarter, the company’s sales amounted to 1,945 M and its income totaled 290,000 K.
