Analysts Set Electronic Arts Inc. (NASDAQ:EA) Target Price at $154.55

Shares of Electronic Arts Inc. (NASDAQ:EA - Get Free Report) have received an average rating of "Hold" from the twenty-two ratings firms that are covering the stock, Marketbeat.com reports. Thirteen equities research analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $154.55.

Several research firms have weighed in on EA. BNP Paribas cut shares of Electronic Arts from an "outperform" rating to a "neutral" rating and set a $125.00 price objective for the company. in a research report on Monday, January 27th. Roth Mkm lowered their price target on shares of Electronic Arts from $158.00 to $134.00 and set a "neutral" rating for the company in a report on Thursday, January 23rd. DZ Bank raised Electronic Arts from a "hold" rating to a "buy" rating and upped their price objective for the stock from $135.00 to $177.00 in a report on Thursday, October 31st. DA Davidson assumed coverage on Electronic Arts in a research report on Wednesday. They issued a "neutral" rating and a $140.00 price objective on the stock. Finally, Wedbush restated an "outperform" rating and set a $173.00 target price on shares of Electronic Arts in a research report on Thursday, January 23rd.

Electronic Arts Stock Performance

Shares of EA stock traded up $0.94 during trading hours on Friday, reaching $130.93. 4,866,189 shares of the company's stock were exchanged, compared to its average volume of 4,233,704. The stock has a market capitalization of $34.12 billion, a P/E ratio of 33.32, a P/E/G ratio of 3.54 and a beta of 0.79. Electronic Arts has a fifty-two week low of $115.21 and a fifty-two week high of $168.50. The business has a fifty day moving average price of $137.62 and a 200-day moving average price of $146.34. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.25.

Electronic Arts (NASDAQ:EA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The game software company reported $2.34 EPS for the quarter, missing analysts' consensus estimates of $3.41 by ($1.07). Electronic Arts had a return on equity of 17.80% and a net margin of 14.28%. Analysts predict that Electronic Arts will post 4.75 EPS for the current fiscal year.

Electronic Arts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Wednesday, February 26th. Electronic Arts's dividend payout ratio is presently 19.34%.

Insider Buying and Selling

In related news, insider Vijayanthimala Singh sold 1,000 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $122.03, for a total transaction of $122,030.00. Following the completion of the transaction, the insider now directly owns 28,216 shares of the company's stock, valued at approximately $3,443,198.48. This represents a 3.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Laura Miele sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $130.83, for a total value of $327,075.00. Following the transaction, the insider now directly owns 47,514 shares in the company, valued at $6,216,256.62. This trade represents a 5.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,500 shares of company stock worth $2,812,285. 0.22% of the stock is owned by insiders.

Institutional Trading of Electronic Arts

Large investors have recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC bought a new stake in shares of Electronic Arts during the 3rd quarter worth about $25,000. Putney Financial Group LLC bought a new position in Electronic Arts in the fourth quarter valued at approximately $26,000. Pinnacle Bancorp Inc. increased its stake in shares of Electronic Arts by 141.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 200 shares of the game software company's stock valued at $29,000 after purchasing an additional 117 shares during the last quarter. Whipplewood Advisors LLC bought a new position in Electronic Arts in the fourth quarter valued at about $32,000. Finally, LGT Financial Advisors LLC acquired a new position in Electronic Arts during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 90.23% of the company's stock.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.