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Wednesday, December 6, 2023

Electronic Arts, Inc. (EA) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Electronic Arts, Inc. (EA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.36, or -0.27%, to $132.32. The Electronic Arts, Inc. has recorded 44,679 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that The Ultimate Off-Road Experience Awaits as EA SPORTS™ WRC Launches Worldwide Today.

Stocks Info

Electronic Arts, Inc. is listed on the NASDAQ in the Communication Services sector while operating in the Electronic Gaming & Multimedia industry. At the end of the last regular session, the stock closed at $132.68 and fluctuated between $133.61 as its day high and $131.85 as its day low. The current market capitalization of Electronic Arts, Inc. is $35.69B. A total of 1.33 million shares were traded on the day, compared to an average of 2.03M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, EA has seen 2 BUY and 14 SELL insider trades, representing the acquisition of 2,532 and the disposition of 24,264 shares. Over the last 12 months, there were 63 BUYs and 99 SELLs from insiders. Insiders purchased 248,670 shares during that period but sold 242,296.

In the most recent transaction, Simonson Richard A sold 10,000 shares of EA for 128.22 per share on Nov 03. After the transaction, the Director now owns 61,045 company shares. In a previous transaction on Nov 01, Miele Laura sold 2,000 shares at 123.64 per share. EA shares that Chief Operating Officer owns now total 30,586.

Among the insiders who sold shares, Singh Vijayanthimala disposed of 800 shares on Nov 01 at a per-share price of $123.83. This resulted in the Chief People Officer holding 28,747 shares of EA after the transaction. In another insider transaction, Wilson Andrew sold 2,500 shares at $126.46 per share on Oct 25. Company shares held by the CEO and Board Chair now total 31,703.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Electronic Arts, Inc. pays an annual dividend of $0.74, resulting in a dividend yield of 0.56%, and it has a price to earnings (P/E) ratio of 36.61. EA’s most recent ex-dividend date was 11/28/2023 when it declared a $0.19 quarterly dividend that was paid in cash on 12/20/2023. Previously, the company paid the dividend on 9/20/2023 with an ex-dividend date of 8/29/2023. The EA stock dividend was $0.19 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for EA in the last 3 months, the mean price target is $145.70 with high estimates of $162.00 and low estimates of $128.00. In terms of 52-week highs and lows, EA has a high of $140.30 and a low of $108.53.

As of this writing, EA has an earnings estimate of $2.91 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $3.26 per share and a lower estimate of $2.7. The company reported an EPS of $1.14 in the last quarter, which was 11.80% higher than expectations of $1.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. EA’s latest balance sheet shows that the firm has $3.06B in Cash & Short Term Investments as of fiscal 2022. There were $1.88B in debt and $3.51B in liabilities at the time. Its Book Value Per Share was $28.07, while its Total Shareholder’s Equity was $7.62B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EA is Buy with a score of 4.00.

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