News headlines about Electronic Arts (NASDAQ:EA) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Electronic Arts earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the game software company an impact score of 44.6686145014718 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
Several research analysts have weighed in on EA shares. Oppenheimer reaffirmed a “buy” rating on shares of Electronic Arts in a research report on Friday, November 17th. Wedbush set a $136.00 target price on Electronic Arts and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research raised Electronic Arts from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research report on Friday, October 27th. Robert W. Baird reissued a “buy” rating and set a $130.00 price objective on shares of Electronic Arts in a report on Wednesday, November 1st. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $130.00 price objective on shares of Electronic Arts in a report on Wednesday, November 1st. Seven research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. Electronic Arts has a consensus rating of “Buy” and a consensus price target of $130.34.
Shares of Electronic Arts (EA) opened at $122.22 on Tuesday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.24. Electronic Arts has a 52-week low of $85.22 and a 52-week high of $131.01. The company has a market capitalization of $37,730.00, a P/E ratio of 38.43, a price-to-earnings-growth ratio of 2.19 and a beta of 0.73.
Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.03 by $0.03. The business had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.02 billion. Electronic Arts had a return on equity of 25.42% and a net margin of 19.67%. sell-side analysts expect that Electronic Arts will post 3.66 earnings per share for the current fiscal year.
In related news, SVP Jacob J. Schatz sold 1,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $108.28, for a total transaction of $108,280.00. Following the completion of the sale, the senior vice president now directly owns 19,950 shares of the company’s stock, valued at approximately $2,160,186. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Vijayanthimala Singh sold 200 shares of Electronic Arts stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $126.75, for a total value of $25,350.00. Following the completion of the sale, the senior vice president now directly owns 4,528 shares of the company’s stock, valued at $573,924. The disclosure for this sale can be found here. Insiders have sold a total of 67,158 shares of company stock valued at $7,546,309 over the last ninety days. Insiders own 2.55% of the company’s stock.
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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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