As of close of business last night, Electronic Arts, Inc.’s stock clocked out at $135.52, down -0.56% from its previous closing price of $136.28. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 2227677 shares were traded.
Ratios:
To gain a deeper understanding of EA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.25.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stifel on January 18, 2024, Reiterated its Buy rating but revised its target price to $155 from $152 previously.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $160.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when Miele Laura sold 2,000 shares for $139.08 per share. The transaction valued at 278,160 led to the insider holds 36,772 shares of the business.
Singh Vijayanthimala sold 800 shares of EA for $111,264 on Mar 01 ’24. The Chief People Officer now owns 27,883 shares after completing the transaction at $139.08 per share. On Feb 26 ’24, another insider, Wilson Andrew, who serves as the CEO and Board Chair of the company, sold 2,500 shares for $142.39 each. As a result, the insider received 355,966 and left with 28,430 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EA now has a Market Capitalization of 36.23B and an Enterprise Value of 35.08B. As of this moment, Electronic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.22, and their Forward P/E ratio for the next fiscal year is 17.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 4.82. Its current Enterprise Value per Revenue stands at 4.58 whereas that against EBITDA is 17.56.
Stock Price History:
Over the past 52 weeks, EA has reached a high of $144.53, while it has fallen to a 52-week low of $108.53. The 50-Day Moving Average of the stock is 138.45, while the 200-Day Moving Average is calculated to be 130.83.
Shares Statistics:
It appears that EA traded 1.88M shares on average per day over the past three months and 2.12M shares per day over the past ten days. A total of 272.91M shares are outstanding, with a floating share count of 241.87M. Insiders hold about 9.53% of the company’s shares, while institutions hold 83.73% stake in the company. Shares short for EA as of Feb 15, 2024 were 4.38M with a Short Ratio of 2.33, compared to 4.05M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.64% and a Short% of Float of 1.64%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.76, EA has a forward annual dividend rate of 0.76. Against a Trailing Annual Dividend Yield of 0.56%, it implies a Forward Annual Dividend Yield of 0.56%. The current Payout Ratio is 26.34% for EA, which recently paid a dividend on Mar 20, 2024 with an ex-dividend date of Feb 27, 2024. Stock splits for the company last occurred on Nov 18, 2003 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 18 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.54 for the current quarter, with a high estimate of $1.66 and a low estimate of $1.34, while EPS last year was $1.78. The consensus estimate for the next quarter is $0.9, with high estimates of $1.28 and low estimates of $0.35.
Analysts are recommending an EPS of between $7.21 and $6.77 for the fiscal current year, implying an average EPS of $7.1. EPS for the following year is $7.6, with 24 analysts recommending between $7.86 and $6.76.
Revenue Estimates
In the current quarter, 17 analysts expect revenue to total $1.8B. It ranges from a high estimate of $1.91B to a low estimate of $1.71B. As of the current estimate, Electronic Arts, Inc.’s year-ago sales were $1.95B, an estimated decrease of -7.30% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $1.5B, a decrease of -5.60% over than the figure of -$7.30% in the same quarter last year. There is a high estimate of $1.82B for the next quarter, whereas the lowest estimate is $1.23B.
A total of 22 analysts have provided revenue estimates for EA’s current fiscal year. The highest revenue estimate was $7.69B, while the lowest revenue estimate was $7.47B, resulting in an average revenue estimate of $7.57B. In the same quarter a year ago, actual revenue was $7.34B, up 3.10% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $7.8B in the next fiscal year. The high estimate is $8.19B and the low estimate is $7.62B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.
