Headlines about Electronic Arts (NASDAQ:EA) have been trending somewhat positive on Thursday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Electronic Arts earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news articles about the game software company an impact score of 44.9679492935078 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Battlefield 5: Gameplay details emerge in latest leak (trustedreviews.com)
- Swings under Short-Term Obligation: Electronic Arts Inc. (NASDAQ:EA) – Stock News Stop (stockmarketstop.com)
- Activision Blizzard Buoyant over Initial Success of Overwatch League (finance.yahoo.com)
- Comparing Opower (OPWR) and Electronic Arts (EA) (americanbankingnews.com)
- Electronic Arts Inc. (EA) estimated to achieve -12.10% EPS growth for this year – Wallstreet Investorplace (wallstreetinvestorplace.com)
Shares of Electronic Arts (NASDAQ EA) traded up $1.15 during trading on Thursday, hitting $129.12. The company’s stock had a trading volume of 2,690,000 shares, compared to its average volume of 3,910,000. Electronic Arts has a one year low of $87.90 and a one year high of $131.01. The stock has a market cap of $39,600.00, a price-to-earnings ratio of 34.34, a PEG ratio of 2.30 and a beta of 0.76. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.24.
Electronic Arts (NASDAQ:EA) last issued its quarterly earnings results on Tuesday, January 30th. The game software company reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.03. Electronic Arts had a return on equity of 25.42% and a net margin of 19.67%. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $2.02 billion. analysts forecast that Electronic Arts will post 3.66 EPS for the current fiscal year.
Several equities research analysts have recently commented on EA shares. Vetr lowered Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $121.82 price target on the stock. in a research note on Monday, December 18th. Goldman Sachs Group lowered Electronic Arts from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, December 12th. KeyCorp reissued a “buy” rating and set a $134.00 price target on shares of Electronic Arts in a research note on Sunday, November 19th. Buckingham Research set a $143.00 price target on Electronic Arts and gave the stock a “buy” rating in a research note on Sunday, November 19th. Finally, Oppenheimer reissued a “buy” rating on shares of Electronic Arts in a research note on Friday, November 17th. Seven equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $132.81.
In other Electronic Arts news, SVP Jacob J. Schatz sold 1,000 shares of the stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $107.50, for a total transaction of $107,500.00. Following the transaction, the senior vice president now owns 18,950 shares of the company’s stock, valued at approximately $2,037,125. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Blake J. Jorgensen sold 10,500 shares of the company’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $112.85, for a total value of $1,184,925.00. Following the sale, the chief financial officer now owns 159,114 shares of the company’s stock, valued at $17,956,014.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 81,079 shares of company stock worth $9,788,548. Corporate insiders own 2.55% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Electronic Arts (EA) Getting Somewhat Favorable Media Coverage, Report Finds” was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://ledgergazette.com/2018/03/15/electronic-arts-ea-getting-somewhat-favorable-media-coverage-report-finds.html.
About Electronic Arts
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.
Receive News & Ratings for Electronic Arts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electronic Arts and related companies with MarketBeat.com's FREE daily email newsletter.