On Tuesday, Electronic Arts, Inc (NASDAQ: EA) opened higher 2.18% from the last session, before settling in for the closing price of $159.39. Price fluctuations for EA have ranged from $124.92 to $160.31 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 9.03% over the past five years. Company’s average yearly earnings per share was noted 12.86% at the time writing. With a float of $237.09 million, this company’s outstanding shares have now reached $266.42 million.
Let’s look at the performance matrix of the company that is accounted for 13700 employees. In terms of profitability, gross margin is 77.76%, operating margin of 19.37%, and the pretax margin is 19.37%.
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 9.60%, while institutional ownership is 87.63%. The most recent insider transaction that took place on Nov 06 ’24, was worth 395,086. In this transaction President of EA Entertainment of this company sold 2,500 shares at a rate of $158.03, taking the stock ownership to the 50,433 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 7,500 for $155.50, making the entire transaction worth $1,166,250.
Electronic Arts, Inc (EA) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 2.96 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.93) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.85% 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
Check out the current performance indicators for Electronic Arts, Inc (EA). In the past quarter, the stock posted a quick ratio of 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.78. Likewise, its price to free cash flow for the trailing twelve months is 21.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 3.43 in the next quarter and is forecasted to reach 8.53 in one year’s time.
Technical Analysis of Electronic Arts, Inc (EA)
Electronic Arts, Inc (NASDAQ: EA) saw its 5-day average volume 1.89 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 92.83%. Additionally, its Average True Range was 2.97.
During the past 100 days, Electronic Arts, Inc’s (EA) raw stochastic average was set at 99.50%, which indicates a significant increase from 99.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.06% in the past 14 days, which was lower than the 18.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $146.15, while its 200-day Moving Average is $139.62. Nevertheless, the first resistance level for the watch stands at $164.44 in the near term. At $166.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $169.03. If the price goes on to break the first support level at $159.86, it is likely to go to the next support level at $156.84. The third support level lies at $155.27 if the price breaches the second support level.
Electronic Arts, Inc (NASDAQ: EA) Key Stats
There are currently 262,273K shares outstanding in the company with a market cap of 42.72 billion. Presently, the company’s annual sales total 7,562 M according to its annual income of 1,273 M. Last quarter, the company’s sales amounted to 2,025 M and its income totaled 294,000 K.
