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Electronic Arts (EA) Stock Moves -0.02%: What You Should Know
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Electronic Arts (EA - Free Report) closed the most recent trading day at $83.02, moving -0.02% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.82%. At the same time, the Dow lost 2.21%, and the tech-heavy Nasdaq lost 1.7%.
Prior to today's trading, shares of the video game maker had lost 18.07% over the past month. This has lagged the Consumer Discretionary sector's loss of 3.95% and the S&P 500's loss of 2.57% in that time.
EA will be looking to display strength as it nears its next earnings release, which is expected to be January 29, 2019. In that report, analysts expect EA to post earnings of $2.06 per share. This would mark a year-over-year decline of 7.21%. Our most recent consensus estimate is calling for quarterly revenue of $1.76 billion, down 10.45% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.64 per share and revenue of $5.26 billion. These totals would mark changes of +14.29% and +1.61%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for EA. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.39% lower within the past month. EA is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, EA currently has a Forward P/E ratio of 17.89. Its industry sports an average Forward P/E of 21.57, so we one might conclude that EA is trading at a discount comparatively.
We can also see that EA currently has a PEG ratio of 1.19. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EA's industry had an average PEG ratio of 1.31 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 172, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Electronic Arts (EA) Stock Moves -0.02%: What You Should Know
Electronic Arts (EA - Free Report) closed the most recent trading day at $83.02, moving -0.02% from the previous trading session. This move was narrower than the S&P 500's daily loss of 1.82%. At the same time, the Dow lost 2.21%, and the tech-heavy Nasdaq lost 1.7%.
Prior to today's trading, shares of the video game maker had lost 18.07% over the past month. This has lagged the Consumer Discretionary sector's loss of 3.95% and the S&P 500's loss of 2.57% in that time.
EA will be looking to display strength as it nears its next earnings release, which is expected to be January 29, 2019. In that report, analysts expect EA to post earnings of $2.06 per share. This would mark a year-over-year decline of 7.21%. Our most recent consensus estimate is calling for quarterly revenue of $1.76 billion, down 10.45% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.64 per share and revenue of $5.26 billion. These totals would mark changes of +14.29% and +1.61%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for EA. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.39% lower within the past month. EA is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, EA currently has a Forward P/E ratio of 17.89. Its industry sports an average Forward P/E of 21.57, so we one might conclude that EA is trading at a discount comparatively.
We can also see that EA currently has a PEG ratio of 1.19. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EA's industry had an average PEG ratio of 1.31 as of yesterday's close.
The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 172, putting it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.