Electronic Arts Incorporated (NASDAQ EA) is expected by brokerages on Wall Street to post $1.25B in sales for the present quarter. Estimates have been provided by 8 analysts. The highest and lowest estimates for sales stand at $1.29B and $1.20B respectively. Last year, in this quarter, $1.39B sales were reported indicating a negative 10.1% y-o-y growth rate.
Detailed Commentary On NASDAQ EA
The latest data on the quarterly earnings of NASDAQ EA was published on 10th May, Monday. An EPS of $1.23 was reported overshooting the general estimated $1.05 EPS. It also had a 17.85% equity return and a 23.51% net margin.
Reports on NASDAQ EA shares have been recently issued by several research analysts. Credit Suisse Group increased their target price to $167 from $160 while issuing a rating of “outperform” on 10th May, Monday. BMO Capital Markets increased their objective price to $150 from $143 while issuing a rating of “market perform” on Friday. Piper Sandler increased their price target to $156 from $133 while issuing a rating of “neutral” on 3rd February, Wednesday. TheStreet decreased its rating to “c+” from “b” on 11th May, Tuesday. Raymond James issued a rating of “outperform” while setting a $164 target price on 3rd February, Wednesday.
On Monday NASDAQ EA shares opened at a value of $138.62. The highest and lowest value of the stock over a period of one year stands at $150.30 and $110.15 respectively. The market capitalization value of the firm stands at $39.87B with a 0.92 beta. The moving average of the stock over 50 days stands at $140.11 while for 200 days it stands at $136.06.
Chris Buzzo, the CMO, had sold off 2500 NASDAQ EA shares on 1st April, Thursday at an average $137.81 price per share. Blake J. Jorgensen, the CFO, had sold off 5975 shares on 12th may, Wednesday at an average $139.51 price per share.