Analyst Revises Electronic Arts Inc. (NASDAQ:EA) Stock Target


Electronic Arts Inc. (NASDAQ:EA) mean price target is revealed at $87.040 by Thomson Reuters. The group followed the stock recommendations given by experts in the First Call poll. Also, it is possible that the firm may list per share earnings of $2.330 in the coming quarter and $3.630 for the ongoing fiscal. The market cap of Electronic Arts Inc. was $24.25B after the equity closed at $79.860 in last trading day.

What The Valuation Says?

The price/earnings ratio is listed in the group of ratios that are used for stock valuation. Commonly entitled as P/E ratio, it aids investors know where the firm positions in the market. It is a consequent when share’s latest price is divided by per-share earnings. Electronic Arts Inc. (NASDAQ:EA) has a P/E ratio of 22.711. Investors can ascertain how the stock is doing in the industry by assessing Price-to-Earnings Growth ratio.

In common, a high P/E proposes that investors are predicting higher earnings surge in the future compared to firms with a lower P/E ratio. A low P/E can direct either that a firm may currently be underrated or that the firm is doing extremely well comparative to its past trends. When a firm has no earnings or is recording losses, in both circumstances P/E will be stated as “N/A.” Though it is likely to compute a negative P/E, it is not the common convention.

Electronic Arts Inc. (NASDAQ:EA) PEG ratio sits at 1.420. A low PEG ratio presents an investment opportunity to the resourceful traders and investors. The stocks with a reading in between 0 and 1 are undervalued equities. A reading of 1 and 2 denotes fairly priced stocks.

Technical Perspective

The technical study of Electronic Arts Inc. visibly elucidates that the 50-day MA of Electronic Arts Inc. is $79.675, and stock is trading $0.950 points away or +1.193% from 50-day moving average of $79.675. It is trading $8.345 or +11.546% away 200-day moving average of $72.280. Electronic Arts Inc. (NASDAQ:EA) 52-week high is $84.450 and the 52-week low is $53.010. This represents that if the equity moves $-3.825 points upside on the chart, it will hit a 52-week high. On the other hand, if it plunges +52.094%, then the share price can log a new 52-week low.

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