Electronic Arts Inc. (EA) research, news, and more from GeoInvesting

Company description

Thu, 18 Feb 2016 13:19:28 GMT

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and online services for video game consoles, Internet-connected consoles, personal computers, mobile phones, and tablets worldwide. The company operates through EA Studios, EA Mobile, and Maxis divisions. It develops and publishes digital interactive entertainment games primarily under the The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, FIFA Soccer, Need for Speed, Dragon Age, and Plants vs. Zombies brand names. The company also offers casual games, such as cards, puzzles, and word games through pogo.com and on other platforms; and sells digital content. The company was founded in 1982 and is headquartered in Redwood City, California.

Call to Action

Tue, 28 Jun 2016 16:14:02 GMT

EA ($71.50) - This maker of video games has grown EPS at a rapid clip since 2013.

Growth is expected to remain favorable over the next 2 years. Further, the company announced an authorization of an additional $500 million for its stock repurchase program in mid-February, which it expects to complete over the next several months. An interesting topic to watch is the growth in popularity of broadcasting video games and digitally streaming games, both of which could continue to be positive tailwinds for EA on a broader scale. Trigger price* $53.99.

Call to Action

Thu, 18 Feb 2016 13:20:46 GMT

The company has grown EPS at a rapid clip since 2013. Growth is expected to remain favorable in the coming year. The stock has fallen off of recent highs possibly in anticipation of a senior notes offering that was just completed. Company has a stock repurchasing program in place which it expects to complete over the next several months. Trigger price $56