For its second fiscal quarter (ending September 30), Electronic Arts Inc (NASDAQ: EA) has reported a -24% decline in E.P.S. from $1.47 a year ago to $1.11 in the current quarter. E.P.S. were $3.93 for the latest four quarters through September 30 versus $3.64 for the same period a year ago — an increase of 8%.
Recent Price Action
On 10/29/24, Electronic Arts Inc (NASDAQ: EA) stock rose modestly by 1.0%, closing at $145.62. Moreover, this advance was accompanied by unusually high trading volume at 156% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged 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 C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Electronic Arts has a poor Appreciation Score of 26 but a slightly positive Power Rating of 65, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment