In the latest trading session,, 1.18 million Electronic Arts, Inc. (NASDAQ:EA) shares changed hands as the company’s beta touched 0.79. With the company’s most recent per share price at $126.95 changed hands at -$3.29 or -2.53% at last look, the market valuation stands at $33.94B. EA’s current price is a discount, trading about -13.85% off its 52-week high of $144.53. The share price had its 52-week low at $117.47, which suggests the last value was 7.47% up since then. When we look at Electronic Arts, Inc.’s average trading volume, we note the 3-month average coming to 2.10 million.
Electronic Arts, Inc. (NASDAQ:EA) trade information
Instantly EA was in red as seen in intraday trades today. With action -0.96%, the performance over the past five days has been red. The drop to weekly highs of 131.52 subtracted -2.53% to the stock’s daily price. The company’s shares are showing year-to-date downside of -7.21%, with the 5-day performance at -0.96% in the red. However, in the 30-day time frame, Electronic Arts, Inc. (NASDAQ:EA) is -2.86% down.
Electronic Arts, Inc. (EA) estimates and forecasts
Data shows that the Electronic Arts, Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -1.79% over the past 6 months, a 9.06% in annual growth rate that is considerably higher than the industry average of 2.10%. Year-over-year growth is forecast to reach 4.40% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.44B. 15 analysts are of the opinion that Electronic Arts, Inc.’s revenue for the current quarter will be 1.92B. The company’s revenue for the corresponding quarters a year ago was 1.59B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -9.50%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.04%. The 2024 estimates are for Electronic Arts, Inc. earnings to increase by 8.36%, but the outlook for the next 5-year period is at 12.50% per year.
EA Dividends
Electronic Arts, Inc. is expected to release its next quarterly earnings report in June. The 0.60% annual yield figure for the share gives it an annual dividend of 0.76. It is important to note, however, that the 0.60% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
