Electronic Arts, Inc. (NASDAQ: EA) kicked off on Monday, down -0.70% from the previous trading day, before settling in for the closing price of $145.20. Over the past 52 weeks, EA has traded in a range of $119.92-$153.51.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 9.03%. While this was happening, its average annual earnings per share was recorded 11.68%. With a float of $238.81 million, this company’s outstanding shares have now reached $266.42 million.
Considering the fact that the conglomerate employs 13700 people, you should pay attention to its efficiency factor. 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
Our next focus will be how large-scale investors are participating in this stock of the Electronic Gaming & Multimedia Industry. The insider ownership of Electronic Arts, Inc. is 9.61%, while institutional ownership is 86.03%. 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 the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.46 earnings per share (EPS), higher than consensus estimate (set at 1.25) by 0.21. 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 11.68% 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
Take a look at Electronic Arts, Inc.’s (EA) current performance indicators. Last quarter, 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 5.24. Likewise, its price to free cash flow for the trailing twelve months is 20.53.
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 8.47 in one year’s time.
Technical Analysis of Electronic Arts, Inc. (EA)
Compared to the last year’s volume of 2.05 million, its volume of 1.58 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 45.00%. Additionally, its Average True Range was 2.34.
During the past 100 days, Electronic Arts, Inc.’s (EA) raw stochastic average was set at 50.17%, which indicates a significant increase from 45.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.15% in the past 14 days, which was lower than the 17.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $144.85, while its 200-day Moving Average is $138.69. Nevertheless, the first resistance level for the watch stands at $146.31 in the near term. At $148.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $150.01. If the price goes on to break the first support level at $142.61, it is likely to go to the next support level at $141.05. Should the price break the second support level, the third support level stands at $138.91.
Electronic Arts, Inc. (NASDAQ: EA) Key Stats
The company with the Market Capitalisation of 38.09 billion has total of 265,735K Shares Outstanding. Its annual sales at the moment are 7,562 M in contrast with the sum of 1,273 M annual income. Company’s last quarter sales were recorded 1,660 M and last quarter income was 280,000 K.
