A new trading day began on Friday, with Electronic Arts, Inc. (NASDAQ: EA) stock price up 0.10% from the previous day of trading, before settling in for the closing price of $144.20. EA’s price has ranged from $119.92 to $153.51 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 9.03%. Meanwhile, its annual earnings per share averaged 11.64%. With a float of $238.81 million, this company’s outstanding shares have now reached $266.42 million.
Let’s determine the extent of company efficiency that accounts for 13700 employees. In terms of profitability, gross margin is 77.16%, operating margin of 19.65%, and the pretax margin is 19.57%.
Electronic Arts, Inc. (EA) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Gaming & Multimedia Industry. The insider ownership of Electronic Arts, Inc. is 9.61%, while institutional ownership is 85.98%. The most recent insider transaction that took place on Oct 15 ’24, was worth 217,080. In this transaction EVP, Global Affairs and CLO of this company sold 1,500 shares at a rate of $144.72, taking the stock ownership to the 24,860 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Chief People Officer sold 1,000 for $143.24, making the entire transaction worth $143,240. This insider now owns 29,190 shares in total.
Electronic Arts, Inc. (EA) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.46 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.92% during the next five years compared to 7.04% growth over the previous five years of trading.
Electronic Arts, Inc. (NASDAQ: EA) Trading Performance Indicators
Here are Electronic Arts, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.25. Likewise, its price to free cash flow for the trailing twelve months is 20.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.26, a number that is poised to hit 2.02 in the next quarter and is forecasted to reach 8.49 in one year’s time.
Technical Analysis of Electronic Arts, Inc. (EA)
Looking closely at Electronic Arts, Inc. (NASDAQ: EA), its last 5-days average volume was 1.29 million, which is a drop from its year-to-date volume of 2.06 million. As of the previous 9 days, the stock’s Stochastic %D was 54.01%. Additionally, its Average True Range was 2.22.
During the past 100 days, Electronic Arts, Inc.’s (EA) raw stochastic average was set at 62.52%, which indicates a significant increase from 56.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.19% in the past 14 days, which was lower than the 18.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $145.06, while its 200-day Moving Average is $138.45. However, in the short run, Electronic Arts, Inc.’s stock first resistance to watch stands at $144.97. Second resistance stands at $145.59. The third major resistance level sits at $146.47. If the price goes on to break the first support level at $143.47, it is likely to go to the next support level at $142.59. Should the price break the second support level, the third support level stands at $141.97.
Electronic Arts, Inc. (NASDAQ: EA) Key Stats
With a market capitalization of 38.14 billion, the company has a total of 265,735K Shares Outstanding. Currently, annual sales are 7,562 M while annual income is 1,273 M. The company’s previous quarter sales were 1,660 M while its latest quarter income was 280,000 K.
