Just2Trade: June 2nd Gold Stocks - American Electronic Arts

Just2Trade analysts are still optimistic about EA's stock (NASDAQ: EA), a video game maker for gaming consoles, computers, mobile phones and tablets in the United States.

Financial status

Recently, the company announced its stable financial position for the fourth quarter of the fiscal year ending March 31, 2017. Net income increased by 16.7% to $1.53 billion compared with the same period last year, which is roughly the same as consensus. Digital revenue (61% of total revenue) increased by 30.6% to $934 million, and packaged goods and other sectors (39% of total revenue) revenue fell to $593 million. Operating income increased by 33.8% to US$771 million, and operating profit margin increased by 600 basis points to 47%. Diluted earnings per share fell 35.1% to $1.81, higher than the consensus estimate of $1.63. In fiscal year 2017, EA's earnings per share reached $3.08 (down 12%) and total revenue reached $4.86 billion (up 10.2%) .

US EA's cash and short-term investments for the fourth quarter totaled $4.53 billion, up from $3.83 billion at the end of the previous fiscal year. In fiscal 2017, the company's operating cash flow totaled $1.38 billion, capital expenditures totaled $508 million, and spent $508 million to repurchase 6.5 million shares. At the same time, EA launched a new $120 million two-year stock repurchase program.

2. Development expectations

In FY18, EA expects earnings per share to reach $3.57 and total revenue to reach $5.1 billion. Operating cash flow is expected to reach $1.575 billion.

3. Investment advice

We believe that the franchise of EA, the business of data, especially the strength of the mobile phone business, will continue to promote its growth. Just2Trade analysts suggested that EA's stock target price is $115 and recommends a medium-term investment in the stock. The stop loss price is set at $100.

【Agency presentation】

Just2Trade J & S Trading Group is a global broker a highly regulated, the company registered with the US Securities and Exchange Commission (SEC), and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), the branch Just2Trade Futures is a Futures Commission Merchant by the National Futures Association (NFA) regulation. In 2015, Finam Group acquired the US financial institution Just2Trade, achieving a comprehensive layout across the global equity , foreign exchange, precious metals, options, ETFs and CFDs.

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(Editor: Zhao Nannan HF087)