Electronic Arts Inc. (EA) Sets 1-Year High
- Author: Kara Saunders May 11, 2018,
May 11, 2018, 1:10
It has change of 0.30, from 2017Q3's 1.15.
Electronic Arts held its quarterly investors call today and revealed player engagement numbers across several of its most well-known franchises like Battlefield and Madden NFL. 184 rose positions while 85 funds amassed positions.
EA repurchased 1.2 million shares for $148 million during the quarter and 5.3 million shares for $601 million during the fiscal year.
Electronic Arts today reported earnings for its fiscal fourth quarter and the company had a record year, despite all the noise and controversy surrounding Star Wars: Battlefront II. The stock of Randgold Resources Limited (NASDAQ:GOLD) has "Buy" rating given on Monday, June 27 by Goldman Sachs. Pub Employees Retirement Sys Of Ohio owns 223,459 shs or 0.11% of their USA capital. Electronic Arts Inc. (EA) has risen 34.78% since May 9, 2017 and is uptrending. (NASDAQ:EA). Oakworth Capital reported 0% stake. Bailard reported 18,900 shs. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Electronic Arts during the 4th quarter worth $210,000.
EA shares have formed a flat base with a buy point of 131.23 over the past eight weeks. Nomura Asset Mgmt Ltd holds 0.07% of its portfolio in Electronic Arts Inc. Kbc Gp Nv accumulated 33,069 shs or 0.03% of the stock. (NASDAQ:EA) for 72,275 shs. This continues to be an interesting story, and we look forward to updating it again soon on Electronic Arts Inc. Perhaps most importantly where cash movements are concerned, the company saw about 849 million in net operating cash flow. On Thursday, February 22 HOAG JAY C had sold 6,221 shs worth $793,015.
On 4/20/2018 Jacob J Schatz, EVP, sold 1,000 with an average share price of $122.54 per share and the total transaction amounting to $122,540.00. During the past six months, Electronic Arts Inc. $593,860 worth of Electronic Arts Inc. Miele Laura had sold 750 shares worth $81,113 on Tuesday, January 2. $1.25M worth of stock was sold by Jorgensen Blake J on Tuesday, February 6.
Now, one of the most anticipated AAA titles of the year, the new release of Battlefield, will be ready for the holiday season as EA confirmed that the DICE game will be released in the third quarter of the fiscal year, or at some point between October 1 and December 31. The company has an average rating of Buy and a consensus price target of $136.85. The 1-year high was reported on May, 10 by Barchart.com. The California-based Shelton Cap has invested 0.2% in Electronic Arts Inc. The valuation of NASDAQ:EA can change by $2.01B if our $137.69 price target is touched. Over the trailing year, the stock is underperforming the S&P 500 by 11.12, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 56% are positive. The lowest target is $87.0 while the high is $101.25. The average target $140.87 is 7.43% above the last ($131.13) price. The stock has "Buy" rating by Robert W. Baird on Friday, April 13. On Wednesday, January 31 the stock rating was maintained by Credit Suisse with "Buy". (NASDAQ:EA) has "Buy" rating given on Sunday, November 19 by KeyBanc Capital Markets. On Wednesday, January 31 the firm has "Buy" rating given by Bernstein. It turned negative, as 82 investors sold Electronic Arts Inc. shares while 234 reduced holdings. (NASDAQ:EA) rating on Wednesday, January 31.
The stock of Electronic Arts Inc. Barclays set a $139.00 price target on Electronic Arts and gave the company a "buy" rating in a research note on Wednesday. BMO Capital Markets upgraded Electronic Arts Inc. (NASDAQ:EA) news released recently go to: Seekingalpha.com, Seekingalpha.com, Benzinga.com, Seekingalpha.com or Seekingalpha.com.
Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide.The firm is worth $38.00 billion. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v.The P/E ratio is 40.9.