Electronic Arts Inc. (NASDAQ:EA) SVP Jacob J. Schatz sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $125.77, for a total transaction of $125,770.00. Following the sale, the senior vice president now owns 15,692 shares of the company’s stock, valued at approximately $1,973,582.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
EA stock opened at $121.44 on Friday. Electronic Arts Inc. has a one year low of $87.94 and a one year high of $131.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market cap of $37,721.41, a PE ratio of 37.95, a PEG ratio of 2.24 and a beta of 0.76.
Electronic Arts (NASDAQ:EA) last posted its quarterly earnings data on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, topping the Zacks’ 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 company had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.02 billion. research analysts anticipate that Electronic Arts Inc. will post 3.66 earnings per share for the current year.
EA has been the subject of a number of recent analyst reports. Wedbush restated a “buy” rating and issued a $138.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 31st. Stifel Nicolaus restated a “buy” rating and issued a $129.00 price objective (up previously from $128.00) on shares of Electronic Arts in a research report on Friday, January 26th. Vetr upgraded shares of Electronic Arts from a “sell” rating to a “buy” rating and set a $142.00 price objective for the company in a research report on Monday, March 12th. Oppenheimer restated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 17th. Finally, Goldman Sachs cut shares of Electronic Arts from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. Seven equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $132.81.
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Electronic Arts Company Profile
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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