Electronic Arts Inc. (NASDAQ:EA) has been assigned an average recommendation of “Buy” from the thirty-one research firms that are currently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $135.96.

EA has been the subject of a number of research analyst reports. ValuEngine cut shares of Electronic Arts from a “hold” rating to a “sell” rating in a report on Thursday, November 1st. BidaskClub downgraded Electronic Arts from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 25th. Credit Suisse Group raised their price objective on Electronic Arts from $143.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, July 25th. Argus dropped their price objective on Electronic Arts from $155.00 to $134.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. Finally, Wedbush set a $133.00 price objective on Electronic Arts and gave the company a “buy” rating in a research note on Wednesday, October 31st.

Shares of EA stock traded down $4.98 during trading hours on Monday, reaching $88.89. 7,236,309 shares of the company’s stock were exchanged, compared to its average volume of 6,002,176. The company has a market cap of $28.34 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 1.61 and a beta of 0.96. Electronic Arts has a 1 year low of $88.22 and a 1 year high of $151.26. The company has a current ratio of 3.52, a quick ratio of 3.84 and a debt-to-equity ratio of 0.19.

Electronic Arts (NASDAQ:EA) last released its quarterly earnings data on Tuesday, October 30th. The game software company reported $0.83 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.46. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Electronic Arts had a return on equity of 26.01% and a net margin of 18.76%. Electronic Arts’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.62 earnings per share. On average, equities analysts forecast that Electronic Arts will post 3.87 earnings per share for the current fiscal year.

In other Electronic Arts news, insider Laura Miele sold 1,250 shares of Electronic Arts stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $93.83, for a total value of $117,287.50. Following the completion of the sale, the insider now owns 10,961 shares in the company, valued at approximately $1,028,470.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Blake J. Jorgensen sold 10,500 shares of Electronic Arts stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $92.79, for a total value of $974,295.00. Following the completion of the sale, the chief financial officer now owns 104,391 shares of the company’s stock, valued at approximately $9,686,440.89. The disclosure for this sale can be found here. Insiders sold a total of 109,750 shares of company stock valued at $12,200,643 over the last ninety days. 2.24% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB grew its stake in Electronic Arts by 0.7% during the second quarter. Xact Kapitalforvaltning AB now owns 56,992 shares of the game software company’s stock worth $8,037,000 after buying an additional 371 shares during the period. Motley Fool Asset Management LLC boosted its holdings in Electronic Arts by 13.8% in the 2nd quarter. Motley Fool Asset Management LLC now owns 3,286 shares of the game software company’s stock worth $463,000 after acquiring an additional 399 shares during the period. Braun Stacey Associates Inc. boosted its holdings in Electronic Arts by 0.4% in the 2nd quarter. Braun Stacey Associates Inc. now owns 102,837 shares of the game software company’s stock worth $14,502,000 after acquiring an additional 460 shares during the period. Kaizen Advisory LLC boosted its holdings in Electronic Arts by 159.5% in the 2nd quarter. Kaizen Advisory LLC now owns 763 shares of the game software company’s stock worth $108,000 after acquiring an additional 469 shares during the period. Finally, World Asset Management Inc boosted its holdings in Electronic Arts by 2.3% in the 2nd quarter. World Asset Management Inc now owns 21,069 shares of the game software company’s stock worth $2,971,000 after acquiring an additional 470 shares during the period. Hedge funds and other institutional investors own 94.21% of the company’s stock.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The company develops and publishes games and services across various genres, such as sports, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v.

Recommended Story: What is intrinsic value?

Analyst Recommendations for Electronic Arts (NASDAQ:EA)

Receive News & Ratings for Electronic Arts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Electronic Arts and related companies with MarketBeat.com's FREE daily email newsletter.