For its fourth fiscal quarter (ending March 31), Electronic Arts Inc (NASDAQ: EA) has reported E.P.S. of $0.68 compared to $-0.04 a year ago. This performance was $-0.84 short of the consensus estimate of $1.52. For the latest four quarters through March 31, E.P.S. were $4.71 versus $2.90 for the same period a year ago — an increase of 62%.
Recent Price Action
On 5/7/24, Electronic Arts Inc (NASDAQ: EA) stock declined slightly by -0.2%, closing at $130.24. Moreover, unusually high trading volume at 161% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 1.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, EA is expected to continue to be a major Value Builder.
Electronic Arts has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Electronic Arts has a poor Appreciation Score of 25 but a neutral Power Rating of 55, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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