Electronic Arts (EA) to Release Earnings on Tuesday

Electronic Arts (NASDAQ:EA) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Electronic Arts to post earnings of $1.54 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Electronic Arts Trading Up 0.8 %

EA opened at $129.56 on Friday. Electronic Arts has a one year low of $117.47 and a one year high of $144.53. The stock has a market capitalization of $34.64 billion, a PE ratio of 32.63, a P/E/G ratio of 1.72 and a beta of 0.78. The business’s 50 day moving average price is $131.99 and its 200 day moving average price is $134.43. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.33 and a current ratio of 1.33.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wedbush reiterated an “outperform” rating and issued a $162.00 price objective on shares of Electronic Arts in a report on Thursday. Oppenheimer reiterated an “outperform” rating and issued a $150.00 price objective on shares of Electronic Arts in a report on Tuesday, April 23rd. UBS Group decreased their price objective on Electronic Arts from $146.00 to $143.00 and set a “neutral” rating on the stock in a report on Wednesday, March 27th. BMO Capital Markets assumed coverage on Electronic Arts in a report on Tuesday, January 9th. They issued an “outperform” rating and a $160.00 price objective on the stock. Finally, Stifel Nicolaus boosted their target price on Electronic Arts from $152.00 to $155.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. Eight equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.72.

Insider Transactions at Electronic Arts

In other news, Director Jeff Huber sold 11,872 shares of the company’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $141.90, for a total transaction of $1,684,636.80. Following the sale, the director now owns 79,381 shares of the company’s stock, valued at $11,264,163.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Jeff Huber sold 11,872 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $141.90, for a total transaction of $1,684,636.80. Following the completion of the transaction, the director now owns 79,381 shares in the company, valued at $11,264,163.90. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Luis A. Ubinas sold 4,872 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $136.84, for a total transaction of $666,684.48. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,144 shares of company stock valued at $5,087,143. 0.20% of the stock is currently owned by company insiders.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.