Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Electronic Arts (NASDAQ:EA) Stock Price

News headlines about Electronic Arts (NASDAQ:EA) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Electronic Arts earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned headlines about the game software company an impact score of 45.7732684992377 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s scoring:

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NASDAQ:EA opened at $121.24 on Friday. The stock has a market cap of $36,601.85, a price-to-earnings ratio of 37.89, a P/E/G ratio of 2.17 and a beta of 0.76. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.92 and a quick ratio of 1.92. Electronic Arts has a 52-week low of $87.94 and a 52-week high of $131.13.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings results on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $2.03 by $0.03. Electronic Arts had a return on equity of 25.42% and a net margin of 19.67%. The company had revenue of $1.97 billion during the quarter, compared to analyst estimates of $2.02 billion. equities research analysts predict that Electronic Arts will post 3.66 EPS for the current year.

A number of research firms recently commented on EA. Wedbush reaffirmed a “buy” rating on shares of Electronic Arts in a research note on Tuesday, January 2nd. Vetr cut Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $112.73 price target on the stock. in a report on Monday, January 1st. Goldman Sachs cut Electronic Arts from a “conviction-buy” rating to a “buy” rating in a report on Tuesday, December 12th. SunTrust Banks set a $130.00 price target on Electronic Arts and gave the stock a “buy” rating in a report on Friday, January 12th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $130.00 target price on shares of Electronic Arts in a research report on Wednesday, January 17th. Seven research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the stock. Electronic Arts presently has an average rating of “Buy” and a consensus price target of $132.81.

In related news, CEO Andrew Wilson sold 9,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $108.69, for a total value of $978,210.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Vijayanthimala Singh sold 200 shares of the stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $126.75, for a total value of $25,350.00. Following the sale, the senior vice president now directly owns 4,528 shares in the company, valued at approximately $573,924. The disclosure for this sale can be found here. Over the last quarter, insiders sold 81,079 shares of company stock worth $9,806,818. Company insiders own 2.55% of the company’s stock.

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Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.

Insider Buying and Selling by Quarter for Electronic Arts (NASDAQ:EA)

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