Electronic Arts Stock Rises After

EA stock

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  • For the last week, the stock has had a daily average volatility of 3.73%.
  • A positive change in the cash flow is desired and shows that more ‘cash’ is coming in than ‘cash’ going out.
  • A strong cash flow is important for covering interest payments, particularly for highly leveraged companies.
  • Historical EPS Growth Rate looks at the average annual EPS growth rate over the last 3-5 years of actual earnings.
  • It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
  • The game software company earns $837 million in net income each year or $2.22 on an earnings per share basis.

The Current Ratio is defined as current assets divided by current liabilities. It measures a company’s ability to pay short-term obligations. Historical EPS Growth Rate looks at the average annual EPS growth rate over the last 3-5 years of actual earnings. Debt to Equity (or D/E ratio) is total liabilities divided EA stock price by total shareholder equity. The market feared that Electronic Arts’ results and guidance would be worse, so traders rushed to buy the stock that was down by about 15% in 2022 ahead of the release of the earnings report. The stock moved away from yearly lows as the company’s guidance was stronger than expected.

Nintendos Next Console Is A major Concern For The Company

The gaming industry is healthier than ever—and growth is expected to continue. The market has already baked many retailers’ holiday sales potential into pricing, but there are still opportunities. EA is one of the world’s largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on https://dotbig.com/ consoles, PC, and mobile. The firm owns number of large franchises, including Madden, FIFA, Battlefield, Apex Legends, Mass Effect, Dragon’s Age, and Need for Speed. Electronic Arts’ stock has gained about 13% since Tuesday’s earnings announcement, marking one of the biggest single-day gains in history. Extending the uptrend, EA traded up 10% on Thursday afternoon.

EA stock

https://dotbig.com/markets/stocks/EA/ was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Massachusetts Financial Services Co. Electronic Arts declared a quarterly dividend on Tuesday, May 10th. Shareholders of record on Wednesday, June 8th will be given a dividend of $0.19 per share on Wednesday, June 22nd. This represents a $0.76 annualized dividend and a dividend yield of 0.63%. This is an increase from Electronic Arts’s previous quarterly dividend of $0.17.

News & Analysis: Electronic Arts

The P/E ratio of Electronic Arts is 54.50, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 10.08. Timely, daily updates provide the latest developments and news relied upon by industry leaders. May 3, 2022 Betting on sports is as old as the events themselves and has become an integral part of fan engagement. Take-Two DotBig Interactive’s revenues are expected to be $869.38 million, up 10.8% from the year-ago quarter. Next year’s FIFA won’t be called FIFA anymore, EA announced Tuesday. The mega sports franchise is parting ways with soccer’s international governing body and will be renamed EA Sports FC, but EA promises nothing else will change. This Home Improvement Company Helps You End Gutter Cleaning!

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rathbones Group PLC boosted its stake in shares of Electronic Arts by 0.4% in the 1st quarter. Rathbones Group PLC now owns 65,495 shares of the game software company’s stock valued at $8,286,000 after purchasing an additional 280 shares during the last quarter. Redwood Financial Network Corp bought a new stake in shares of Electronic Arts in the 1st quarter valued at $300,000. Huntington National Bank boosted its stake in shares of Electronic Arts by 0.5% in the 1st quarter.

Dividend Payments By Month Or Quarter

So, as with other valuation metrics, it’s a good idea to compare it to its relevant industry. https://www.usbank.com/index.html Occidental Petroleum — The stock fell 1% despite a better-than-expected quarterly report.

Recent News

This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Electronic Arts will have a dividend payout ratio of 11.83% next year.

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