The leading market experts have placed a mean price target of $87.04 on Electronic Arts Inc. (NASDAQ:EA) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.34 a share for the upcoming quarter and $3.63 for the current fiscal.
The technical analysis of Electronic Arts Inc. plainly substantiates that the 50-day moving average of Electronic Arts Inc. is $79.02, and stock is trading $4.44 points away or +5.62% from its 50-day moving average of $79.02. Further it is trading $11.89 or +16.62% away its 200-day moving average of $71.57. Electronic Arts Inc. (NASDAQ:EA) 52-week high is $84.18 and the 52-week low is $53.01.
This explains if the stock moves $-0.72, it will post a 52-week high. In event of +57.44% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Electronic Arts Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Electronic Arts Inc. (NASDAQ:EA) ratio came in at 23.51.
The stock last ended the trading session at $83.46 and registered a market cap of $25.10B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Electronic Arts Inc. (NASDAQ:EA) PEG ratio is at 1.39.
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