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Electronic Arts Stock Up 500% Over Last 5 Years: What's Next?

13 May 2017

Notably, EA's first-person shooter game Battlefield 1 has seen a 50% surge in players - to more than 19 million - compared to a previous version of the game. The research firm, a unit of Accern, scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Shares of Electronic Arts Inc.

The reason for EA's phenomenal stock performance can not be explained by any new blockbuster games released, as the company is still producing the same hit titles, such as FIFA, Battlefield, and Mass Effect. That suggests something of the likelihood of a short squeeze in shares of EA.

Electronic Arts Inc. (EA) has been given an average price target of $96.71 from analysts, according to data collected by Finviz.

Several investment firms issued their expert ratings on Electronic Arts Inc. Finally, Mizuho increased their price target on Electronic Arts from $92.00 to $94.00 and gave the company a "neutral" rating in a research report on Wednesday, February 1st. Electronic Arts has an average rating of "Buy" and a consensus price target of $101.79. One research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company. (NASDAQ:EA) to $122.00 stating a potential upside of 0.13%. The company's current price-earnings ratio amounts to 23.53 times earnings, below the average P/E ratio of 46.57 times earnings. BMO Capital Markets reissued a "hold" rating and issued a $80.00 price objective on shares of Electronic Arts in a research note on Thursday, April 13th. NASDAQ is measured to be 15.20% in conjunction with the 200-Day Simple Moving Average of 28.95%. Electronic Arts also saw unusually large options trading activity on Monday.

Morgan Stanley (NYSE:MS) stock tumbled -0.44% to $42.83 on the closing of 05/09/2017. This represents an increase of approximately 992% compared to the typical daily volume of 2,425 call options. The analysts offering Earnings Estimates for the company were believing that Electronic Arts Inc.

During the fiscal year, the company repurchased 6.5 million shares for $508 million.

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13 analysts on average are expecting the company to report revenue of $1.21 Billion for the current quarter. The business's quarterly revenue was up 16.7% on a year-over-year basis. For the outlook of the current financial quarter, Analysts think the firm will post 0.61 earnings per share. The shares were sold at an average price of $86.60, for a total transaction of $866,000.00.

All told, net income fell 37% year over year to $566 million, or $1.81 per share, largely due to an income tax credit that boosted EA's fourth-quarter 2016 results. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Blake J. Jorgensen sold 12,130 shares of the stock in a transaction that occurred on Tuesday, March 7th. The short ratio in the company's stock is documented at 4.16 and the short float is around of 3.49%.

Electronic Arts Inc. (EA) performance during the last one year Improved 49.72 percent, while its year to date (YTD) performance showed a Positive trend of 21.55 percent. 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. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 6 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.

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.

Electronic Arts Stock Up 500% Over Last 5 Years: What's Next?