News articles about Electronic Arts (NASDAQ:EA) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Electronic Arts earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media stories about the game software company an impact score of 44.9669773036652 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern’s rankings:
- Electronic Arts Inc. Stock Could Level Up (investorplace.com)
- EA Play 2018 Press Conference Dated – News (vgchartz.com)
- EA Motive’s Jade Raymond shows how triple-A has changed since Assassin’s Creed (venturebeat.com)
- EA Motive’s Jade Raymond says her next big game comes from a new creative mindset (msn.com)
- EA to Release Q4 and Fiscal Year 2018 Results on May 8, 2018 (finance.yahoo.com)
A number of equities research analysts have weighed in on the company. BidaskClub raised Electronic Arts from a “sell” rating to a “hold” rating in a report on Wednesday, January 24th. Benchmark increased their price target on Electronic Arts from $136.00 to $141.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Morgan Stanley raised their target price on Electronic Arts from $120.00 to $126.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. KeyCorp lifted their price objective on Electronic Arts from $134.00 to $152.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Finally, Barclays lifted their price objective on Electronic Arts from $127.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $132.81.
Shares of EA stock opened at $120.71 on Wednesday. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.24. Electronic Arts has a 1 year low of $88.37 and a 1 year high of $131.13. The firm has a market cap of $36,457.69, a price-to-earnings ratio of 33.96, a price-to-earnings-growth ratio of 1.82 and a beta of 0.80.
Electronic Arts (NASDAQ:EA) last released its quarterly earnings results on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.03. The firm had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.02 billion. Electronic Arts had a net margin of 19.67% and a return on equity of 25.42%. sell-side analysts expect that Electronic Arts will post 3.66 EPS for the current fiscal year.
In other news, SVP Vijayanthimala Singh sold 200 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $126.75, for a total transaction of $25,350.00. Following the completion of the transaction, the senior vice president now directly owns 4,528 shares of the company’s stock, valued at $573,924. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jacob J. Schatz sold 1,000 shares of the company’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $116.32, for a total transaction of $116,320.00. Following the transaction, the senior vice president now directly owns 17,950 shares of the company’s stock, valued at $2,087,944. The disclosure for this sale can be found here. Insiders sold 81,079 shares of company stock valued at $9,986,474 over the last quarter. 2.55% of the stock is owned by company insiders.
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Electronic Arts Company Profile
Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.
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