Electronic Arts (NASDAQ EA) is expected to make an announcement reporting its result of earnings on 11th May, Tuesday after the closing of the market. Analysts are expecting an EPS of $0.70 to be announced.
Stock Commentary On NASDAQ EA
The latest report for NASDAQ EA was published on 1st February, Monday. The company reported an EPS of $3.06 overshooting the general estimate by Thomson Reuters’ which was $2.96. The firm had a 17.85% equity return and a 23.51% net margin.
The NASDAQ EA shares opened at a value of $141.18 on 3rd May, Tuesday. The moving average value of the stock over 50 days stands at $137.83 while for 200 days it is $135.40. The market capitalization value of the company is $40.61B with a 0.92 beta. The highest and lowest value of the stock over a period of one year is $150.30 and $110.15 respectively.
Mathew Bilby, the EVP, sold off 330 shares on 1st March, Monday at a $134.84 average price per share. Also, Jacob J. Schatz, the General Counsel, sold off 1000 NASDAQ EA shares on 16th April, Friday at a $142.11 average price per share.
Several research brokerages have issued their reports on NASDAQ EA recently. Truist increased their objective price to $158 from $138 on 2nd February, Tuesday. Wells Fargo & Company upped their target price to $165 from $145 and issued a rating of “equal weight” on 3rd February, Wednesday. BMO Capital Markets increased their price target to $143 from $127 while issuing a rating of “market perform” on 5th February, Friday. Benchmark reissued a rating of “buy” while setting a target price of $177 on 9th February, Tuesday. Finally, Credit Suisse Group increased their objective price to $160 from $153 while issuing a rating of “outperform” on 3rd February, Wednesday.