Electronic Arts (NYSE:EA) was upgraded by analysts at Hilliard Lyons to a “neutral” rating in a research report issued to clients and investors on Wednesday, Analyst Ratings Network reports.
A number of other analysts have also recently weighed in on EA. Analysts at Thomson Reuters/Verus upgraded shares of Electronic Arts from a “hold” rating to a “buy” rating in a research note to investors on Monday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Electronic Arts in a research note to investors on Friday, November 15th. They now have a $27.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Electronic Arts to a “hold” rating in a research note to investors on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company. Electronic Arts currently has a consensus rating of “Buy” and a consensus price target of $24.04.
Electronic Arts (NYSE:EA) opened at 21.54 on Wednesday. Electronic Arts has a one year low of $13.29 and a one year high of $28.13. The stock’s 50-day moving average is $24.4 and its 200-day moving average is $24.78. The company has a market cap of $6.658 billion and a P/E ratio of 29.80.
Electronic Arts (NYSE:EA) last released its earnings data on Tuesday, October 29th. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.21. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $977.75 million. During the same quarter last year, the company posted $0.15 earnings per share. Electronic Arts’s revenue was down 3.7% compared to the same quarter last year. Analysts expect that Electronic Arts will post $1.29 EPS for the current fiscal year.
Electronic Arts Inc develops, markets, publishes and distributes game software content and services that can be played by consumers on a variety of video game machines and electronic devices (NYSE:EA).
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