Electronic Arts Inc. (EA) Lowered to "Hold" at Vetr Inc

They now have a United States dollars 95 price target on the stock.

04/26/2017 - Pacific Crest began new coverage on Electronic Arts Inc. giving the company a "overweight" rating. Jefferies Group LLC reiterated a "buy" rating and issued a $123.00 target price (up previously from $110.00) on shares of Electronic Arts in a research note on Wednesday. Zacks Investment Research raised Electronic Arts from a hold rating to a buy rating and set a $92.00 price target on the stock in a research note on Monday, February 6th. Finally, Piper Jaffray Companies reaffirmed a buy rating and set a $99.00 price target on shares of Electronic Arts in a research note on Monday, May 1st.

Electronic Arts Inc. was covered by a number of analysts recently, 9 rated the stock as Buy, 8 rated Outperform, 6 rated Hold, 0 gave an Underperform and 0 rated sell.

02/01/2017 - Electronic Arts Inc. had its "buy" rating reiterated by analysts at Mizuho.

On Monday, May 1st, Joel Linzner sold 4,000 shares of Electronic Arts stock.

Now we look at the Moving Averages, the 200-day is 15.16, the 50-day is 6.33 and the 20-day is 4. Analysts were expecting revenue of $1.49 billion. Traders bought 26,487 call options on the company. The company's current price-earnings ratio amounts to 23.53 times earnings, below the average P/E ratio of 46.57 times earnings.

Electronic Arts (NASDAQ:EA) last released its earnings results on Tuesday, May 9th.

Last time, the company shocked Wall Street by reporting EPS of $2.48, smashing the consensus of $2.30 per share. Electronic Arts had a net margin of 28.10% and a return on equity of 27.22%.

The video game maker posted revenue of $1.53 billion in the period, up from $1.31 billion a year earlier. The 4Q EPS outperformance was a function of: higher then expected digital revenue (+24% y/y growth and accounting for 81% of total revenue versus 77% last year); and a higher gross margin of 81.6% versus the firm's 77.8% estimate (and up 370bps y/y). Infosys's revenue for the quarter was up 3.8% compared to the same quarter past year. Equities research analysts predict that Electronic Arts will post $4.16 EPS for the current year.

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In other Electronic Arts news, EVP Peter R. Moore sold 10,000 shares of the stock in a transaction that occurred on Wednesday, May 3rd. Jorgensen Blake J sold $1.06M worth of stock. Following the completion of the transaction, the executive vice president now owns 16,745 shares in the company, valued at approximately $1,774,467.65. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The Monthly and Yearly performances are 8.3 percent and 53.82 percent respectively. The shares were sold at an average price of $86.60, for a total transaction of $866,000.00. The disclosure for this sale can be found here. Moody Lynn & Lieberson LLC now owns 49,353 shares of the game software company's stock worth $4,418,000 after buying an additional 40,673 shares in the last quarter. Bank of America Downgrades the company's stock to Neutral on 10/24/16 with no specific Price Target. (EA) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. Cornerstone Capital Management Holdings LLC. now owns 185,218 shares of the game software company's stock valued at $16,580,000 after buying an additional 34,301 shares during the last quarter. Rothschild Asset Mgmt has invested 0.28% in Electronic Arts Inc. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in Electronic Arts by 270.5% in the third quarter. Wells Fargo & Company MN boosted its position in shares of Infosys by 1.6% in the third quarter. Cibc World Markets Corp increased its position in Electronic Arts by 51.7% in the first quarter.

Electronic Arts Inc. develops, markets, publishes and distributes games, content and services that can be played by clients on a range of platforms, which include consoles, personal computers, mobile phones and tablets.