Electronic Arts, Inc. (EA) concluded trading on Wednesday at a closing price of $144.09, with 2.75 million shares of worth about $396.8 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.59% during that period and on July 10, 2024 the price saw a gain of about 2.50%. Currently the company’s common shares owned by public are about 266.42M shares, out of which, 240.40M shares are available for trading.
Stock saw a price change of 3.75% in past 5 days and over the past one month there was a price change of 5.31%. Year-to-date (YTD), EA shares are showing a performance of 5.32% which increased to 10.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $117.47 but also hit the highest price of $144.53 during that period. The average intraday trading volume for Electronic Arts, Inc. shares is 2.13 million. The stock is currently trading 4.13% above its 20-day simple moving average (SMA20), while that difference is up 7.76% for SMA50 and it goes to 8.07% higher than SMA200.
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Electronic Arts, Inc. (NASDAQ: EA) currently have 266.42M outstanding shares and institutions hold larger chunk of about 87.84% of that.
The stock has a current market capitalization of $38.29B and its 3Y-monthly beta is at 0.79. PE ratio of stock for trailing 12 months is 30.80, while it has posted earnings per share of $4.68 in the same period. Its PEG reads 2.52 and has Quick Ratio of 1.37 while making debt-to-equity ratio of 0.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EA, volatility over the week remained 1.73% while standing at 1.51% over the month.
Stock’s fiscal year EPS is expected to rise by 8.57% while it is estimated to increase by 12.03% in next year. EPS is likely to grow at an annualized rate of 12.20% for next 5-years, compared to annual growth of 7.04% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on January 18, 2024 offering a Buy rating for the stock and assigned a target price range of between $152 and $155 to it. Coverage by BMO Capital Markets stated Electronic Arts, Inc. (EA) stock as an Outperform in their note to investors on January 09, 2024, suggesting a price target of $160 for the stock. On December 12, 2023, Wolfe Research Initiated their recommendations, while on October 10, 2023, BofA Securities Upgrade their ratings for the stock with a price target of $150. Stock get a Neutral rating from UBS on August 02, 2023.
