Electronic Arts Inc. (NASDAQ:EA) Director Leonard S. Coleman, Jr. sold 7,125 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $126.21, for a total transaction of $899,246.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Electronic Arts Inc. (NASDAQ:EA) traded down $1.44 during trading hours on Wednesday, hitting $124.90. 3,191,070 shares of the company’s stock traded hands, compared to its average volume of 4,640,000. Electronic Arts Inc. has a 12-month low of $85.23 and a 12-month high of $131.01. The firm has a market capitalization of $38,310.00, a P/E ratio of 39.28, a P/E/G ratio of 2.29 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.92 and a current ratio of 1.92.
Electronic Arts (NASDAQ:EA) last released its quarterly earnings data on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.03 by $0.03. Electronic Arts had a net margin of 19.67% and a return on equity of 25.42%. The firm had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.02 billion. equities research analysts expect that Electronic Arts Inc. will post 3.66 earnings per share for the current year.
EA has been the topic of a number of research reports. Goldman Sachs Group lowered shares of Electronic Arts from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. BMO Capital Markets cut their price objective on shares of Electronic Arts from $100.00 to $97.00 and set a “market perform” rating on the stock in a research report on Thursday, November 2nd. KeyCorp reaffirmed a “buy” rating and set a $134.00 price target on shares of Electronic Arts in a research report on Sunday, November 19th. Buckingham Research set a $143.00 price target on shares of Electronic Arts and gave the stock a “buy” rating in a research report on Sunday, November 19th. Finally, Vetr lowered shares of Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $121.82 price target on the stock. in a research report on Wednesday, November 29th. Seven investment analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $130.34.
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About Electronic Arts
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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