During the recent session, Electronic Arts, Inc (NASDAQ:EA)’s traded shares were 1.17 million, with the beta value of the company hitting 0.71. At the last check today, the stock’s price was $150.73, reflecting an intraday loss of -0.18% or -$0.27. The 52-week high for the EA share is $168.50, that puts it down -11.79 from that peak though still a striking 23.57% gain since the share price plummeted to a 52-week low of $115.21. The company’s market capitalization is $37.80B, and the average intraday trading volume over the past 10 days was 2.61 million shares, and the average trade volume was 3.24 million shares over the past three months.
Electronic Arts, Inc (EA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.36. EA has a Sell rating from 0 analyst(s) out of 21 analysts who have looked at this stock. 7 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 14 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.64.
Electronic Arts, Inc (NASDAQ:EA) trade information
Electronic Arts, Inc (EA) registered a -0.18% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.18% in intraday trading to $150.73, hitting a weekly high. The stock’s 5-day price performance is 0.45%, and it has moved by -0.79% in 30 days. Based on these gigs, the overall price performance for the year is 9.59%. The short interest in Electronic Arts, Inc (NASDAQ:EA) is 8.87 million shares and it means that shorts have 2.43 day(s) to cover.
The consensus price target of analysts on Wall Street is $177.5, which implies an increase of 15.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $168 and $190 respectively. As a result, EA is trading at a discount of -26.05% off the target high and -11.46% off the low.
Electronic Arts, Inc (EA) estimates and forecasts
In the rating firms’ projections, revenue will increase 5.65% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.24B as predicted by 13 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 2.01B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.26B and 2.08B respectively. In this case, analysts expect current quarter sales to shrink by -1.95% and then drop by -3.19% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.24%. While earnings are projected to return 17.70% in 2025, the next five years will return 12.86% per annum.
EA Dividends
Electronic Arts, Inc is due to release its next quarterly earnings on 2025-May-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Electronic Arts, Inc is 0.76, with the dividend yield indicating at 0.50 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 27.82 million shares, is of BLACKROCK INC.’s that is approximately 10.4574% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.88 billion.
