Electronic Arts (NASDAQ:EA) Issues FY25 Earnings Guidance

Electronic Arts (NASDAQ:EA) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $3.34-4.00 for the period, compared to the consensus earnings per share estimate of $4.61. The company issued revenue guidance of $7.3-7.7 billion, compared to the consensus revenue estimate of $7.74 billion. Electronic Arts also updated its Q1 guidance to $0.73-0.90 EPS.

Electronic Arts Stock Down 0.2 %

EA traded down $0.32 during midday trading on Tuesday, reaching $130.24. The company’s stock had a trading volume of 3,378,050 shares, compared to its average volume of 1,988,431. Electronic Arts has a 1 year low of $117.47 and a 1 year high of $144.53. The stock’s 50-day moving average is $131.75 and its 200-day moving average is $134.50. The firm has a market capitalization of $34.82 billion, a price-to-earnings ratio of 32.89, a PEG ratio of 1.73 and a beta of 0.78. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.25.

Electronic Arts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, May 29th will be paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.58%. Electronic Arts’s payout ratio is currently 19.14%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on EA shares. Roth Mkm decreased their target price on shares of Electronic Arts from $140.00 to $135.00 and set a neutral rating for the company in a report on Wednesday, May 1st. Oppenheimer restated an outperform rating and set a $150.00 price objective on shares of Electronic Arts in a research report on Tuesday, April 23rd. BMO Capital Markets assumed coverage on Electronic Arts in a research note on Tuesday, January 9th. They issued an outperform rating and a $160.00 price target on the stock. Stifel Nicolaus raised their target price on Electronic Arts from $152.00 to $155.00 and gave the stock a buy rating in a research report on Thursday, January 18th. Finally, UBS Group reduced their price target on shares of Electronic Arts from $146.00 to $143.00 and set a neutral rating for the company in a research report on Wednesday, March 27th. Eight investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $146.72.

Insider Activity

In related news, Director Luis A. Ubinas sold 4,872 shares of Electronic Arts stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $136.84, for a total value of $666,684.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Electronic Arts news, CEO Andrew Wilson sold 2,500 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $142.39, for a total value of $355,975.00. Following the completion of the sale, the chief executive officer now owns 28,430 shares of the company’s stock, valued at $4,048,147.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Luis A. Ubinas sold 4,872 shares of the stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $136.84, for a total value of $666,684.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 37,144 shares of company stock worth $5,087,143. 0.20% of the stock is currently owned by corporate insiders.

About Electronic Arts

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.