The stock of Electronic Arts Inc. (NASDAQ:EA) increased by increased by $0.44 on Friday to finish at $141.07, up 0.31 percent. The last five days have seen an average of 1,896,520 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$2.53. The average number of shares traded over the last 20 days was 3,244,690, while the average volume over the last 50 days totaled 2,790,596.
EA stock appreciated 10.31% since last month. On 09/23/21, the company’s shares reached a one-month low of $126.11. The stock touched a high of $150.30 on 01/25/21, after rallying from a low of $110.15 in 52 weeks. The price of EA stock has declined by -1.76% or -$2.53 this year, reaching a new high 4 times. Still, the stock price is down -6.14% from the 52-week high.
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There have been 10 days since Electronic Arts Inc. (EA) last reported insider trading activity on Oct 15. On Oct 15, Chief Legal Officer Schatz Jacob J. sold 1,000 shares at $135.60 each. This transaction resulted in the insider making $135,600. On Oct 13, Jorgensen Blake J sold 3,315 shares at a price of US$136.27. After the transaction, the insider now owns 70,429 shares. Chief People Officer Singh Vijayanthimala had earlier sold 800 shares on Oct 01 for $141.90 a share. The transaction was completed for $113,520.
Electronic Arts Inc. (EA) has a trailing price-to-earnings (P/E) ratio of 60.81. This level actually compares favorably with the industry at large, as the PE for the Electronic Gaming & Multimedia industry stands at about 94.43. Further, its PE also compares unfavorably with the Communication Services sector’s trailing 12 months PE ratio, which comes in at 30.57 right now. The PE ratio of Electronic Arts Inc. has varied between 66.78 and 9.142 in the last five years. Beta for the stock is 0.85. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 7.00, the price-to-book (PB) ratio of 5.22, and the price-to-cash flow ratio of 33.77.
Electronic Arts Inc.’s dividend is $0.68 per share per year. With a dividend yield of 0.48%, EA has a payout ratio of 21.80%. On Sep. 22, the company paid $0.17 per share in dividends, remained unchanged from $0.17 last year.
For the three months ended June 29, Electronic Arts Inc.’s quick ratio was 1.90, while its current ratio was 1.90, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 73.40% percent. Electronic Arts Inc.’s EBITDA margin for the year ended June 29 was 22.30%, whereas its operating margin stood at 15.70% for the same period. Based on annual data, it had gross profit of $4.13 billion and revenue of $5.63 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. EA’s return on assets (ROA) during the last 12 months has been 5.40%. There was a 8.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 8.60%. ROE has averaged 7.41 in the past year for the broader industry.
According to Electronic Arts Inc.’s quarterly financial report for the quarter that ended June 29, it had $1.88 billion in total debt versus $881.0 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.55 billion, while revenues rose by 5.93% to $1.35 billion. It was predicted that Electronic Arts Inc.’s quarterly earnings would be $0.79, but it ended up being $0.67, beating the consensus by 17.90%. EBITDA was $427.0 million for the quarter. At the end of Electronic Arts Inc.’s most recent quarter ended June 29, its liabilities totaled 5.01 billion, while its total debt was $2.2 billion. Equity owned by shareholders amounts to $284.58 million.
Here’s a quick look at Electronic Arts Inc.’s (EA) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 61.25%, suggesting the stock is Neutral, with a 17.98% historical volatility rate.
The stochastic %K and %D were 60.38% and 46.65% respectively, while the average true range (ATR) was 3.46. Based on the 14-day stochastic reading of 69.17%, the RSI (14) reading is 56.35%. On the 9-day MACD Oscillator, the stock is at 2.97, and the 14-day reading is at 2.36.
In its most recent analyst report, Deutsche Bank raised its rating on Electronic Arts Inc. (NASDAQ: EA) to a Buy. Prior to this, analysts firm rated the stock as a Hold.