|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's range||97.80 - 100.06|
|52-week range||97.80 - 151.26|
|Beta (3Y monthly)||0.81|
|PE ratio (TTM)||44.57|
|Earnings date||30 Oct 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||140.92|
Electronic Arts’ (EA) revenue rose at a four-year CAGR (compound annual growth rate) of 7% to $5.2 billion in fiscal 2018, which ended on March 31, 2018. Higher digital net bookings, a FIFA World Cup content update, the launches of FIFA Mobile in China and FIFA 4 in Asia, more participants in FIFA competitive gaming, and the growth in The Sims 4‘s player base were the company’s primary revenue drivers. The company remained optimistic about its Origin Access Premier subscription service and its tournaments for FIFA and Madden NFL.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on its Read More...
The stock of gaming company Electronic Arts (EA) has fallen 14% in October 2018 and 1.4% this year. In the last five years though, this stock has generated absolute returns of 323%. EA stock has had a volatile 12 months.
Electronic Arts stock (EA) has gained 314% in the last five years. With revenue growth of 2% and earnings growth of 4.8% in fiscal 2019 (year ending in March), analysts have an average target price estimate of $141.15 for EA, indicating an upside potential of 34%. Activision Blizzard (ATVI) stock has gained 322% in the last five years.
Zynga, which makes mobile games such as “Farmville” and “Words With Friends,” has been approached by other developers about a takeover, Bloomberg News reported Tuesday, without identifying the prospective buyers. Channeling Ubisoft’s existing games, which include “Rainbow Six” and “Assassin’s Creed,” through Zynga’s advertising platform could further turbocharge growth. It would also help Ubisoft maximize the advantages from its latest major tie-up: Tencent Holdings Ltd. When the Chinese tech conglomerate took a 5 percent stake in March, it also signed a separate deal to operate, publish and promote Ubisoft games in China.
NEW YORK, Oct. 10, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
An American woman named Kathryn Mayorga accused the superstar of raping her in a Las Vegas hotel room in 2009.
Electronic Arts (EA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Find out which video game developer is on track for a stronger finish to the year.
Aspen, Electronic Arts, NetApp, AppFolio and MobileIron highlighted as Zacks Bull and Bear of the Day
Every investor in EA Education Group Inc (CNSX:EA) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it’s not unusual to Read More...
Take-Two Interactive’s (TTWO) market-cap-to-revenue ratio is expected to be 5.31x in fiscal 2019 and 5.38x in fiscal 2020. This is lower than Activision Blizzard’s (ATVI) market-cap-to-revenue ratio of 8.10x and Electronic Arts’ (EA) market-cap-to-revenue ratio of 6.52x.
In the chart below, we can see that Take-Two Interactive (TTWO) has outlined its growth projections in the global games market. The gaming industry is estimated to grow from $123.0 billion in 2017 to $137.0 billion in 2018 and might reach $166.0 billion by the end of 2022. Take-Two Interactive and its peers Activision Blizzard (ATVI), Electronic Arts (EA), and Zynga (ZNGA) have an opportunity to drive revenues in a growing market.
This game has been the primary reason for Take-Two Interactive’s 1000.0% stock returns (in absolute terms) since the start of 2013. Take-Two Interactive’s highly anticipated game, Red Dead Redemption 2, is expected to be released on October 26 and contribute to the company’s revenues in the holiday quarter. Red Dead Redemption 2 already has a dedicated fan base, and it’s garnered positive responses from its players.
Among its peers, Electronic Arts (EA), Activision Blizzard (ATVI), and Zynga (ZNGA) expect to see their revenues rise 2.8%, 16.3%, and 20.0%, respectively, in the 2018 holiday season. The holiday season is a key revenue driver not just for consumer and electronic companies, but also for gaming companies.
Take-Two Interactive (TTWO) stock was trading at $12.00 at the start of 2013. That year, the gaming company’s stock price rose 44.0% to $17.60. Take-Two stock rose 59.0% in 2014, 24.0% in 2015, and 41.0% in 2016 to $49.29.
Case in point: The Western-themed “Red Dead Redemption 2,” due next month from (TTWO) (TTWO). In a Friday note, Piper Jafrray’s Michael Olson estimated that in a bullish scenario, the game — which he currently forecasts as representing about $260 million in fiscal 2020 revenue — could yield as much as $500 million, boosting per-share earnings estimate a buck higher than his current $4.84 estimate. Take-Two’s Rockstar division this week said the online, multiplayer version of “Red Dead” is now expected to launch in November.
Investors need to pay close attention to Electronic Arts (EA) stock based on the movements in the options market lately.