Fundamentally, Electronic Arts Inc. (NASDAQ:EA) looks appealing. Its stock trades at 5.6 times the company’s sales over the past 12 months. The broad Computer Software: Prepackaged Software industry boasts an average P/S ratio of 9287.86, which is significantly worse than the sector’s 153.93. In the past 13-year record, this ratio went down as low as 0.93 and as high as 9.53. Also, it is down from 75% of the total 2268 rivals across the globe.
EA traded at an unexpectedly low level on 03/18/2019 when the stock experienced a 0.69% gain to a closing price of $99.66. The company saw 4985603 shares trade hands over the course of the day. Given that its average daily volume over the 5 sessions has been 5376040 shares a day, this signifies a pretty significant change over the norm.
Analysts are speculating a 20.41% move, based on the high target price ($120) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $100.71 price target, but the stock is already up 34.84% from its recent lows. However, the stock is trading at -34.11% versus recent highs ($151.26). Analysts believe that we could see stock price minimum in the $71 range (lowest target price), allowing for another -28.76% drop from its current position. Leading up to this report, we have seen a -5.31% fall in the stock price over the last 30 days and a 23.25% increase over the past 3 months. Overall, the share price is up 26.3% so far this year.Electronic Arts Inc. (EA) Price Potential
Heading into the stock price potential, Electronic Arts Inc. needs to grow just 1.85% to cross its median price target of $101.5. In order to determine directional movement, the 50-day and 200-day moving averages for Electronic Arts Inc. (NASDAQ:EA) are $96.12 and $95.89. Given that liquidity is king in the short-term, EA is a stock with 299.14 million shares outstanding that normally trades 3.65% of its float. The stock price recently experienced a 5-day gain of 0.63% with 3.85 average true range (ATR). EA has a beta of 1.18 and RSI is 55.41.
Investors also need to beware of the Southwest Airlines Co. (NYSE:LUV) valuations. The stock trades on a P/S of 1.29, which suggests that the shares are not attractive compared with peers. The broad Air Freight/Delivery Services industry has an average P/S ratio of 0.81, which is significantly better than the sector’s 2.87. In the past 13-year record, this ratio went down as low as 0.35 and as high as 1.91. Also, it is down from 84% of the total 74 rivals across the globe.Southwest Airlines Co. (LUV)’s Lead Over its Technicals
Southwest Airlines Co. by far traveled 15.36% versus a 1-year low price of $44.28. The share price was last seen -0.56% lower, reaching at $51.08 on Mar. 18, 2019. At recent session, the prices were hovering between $51 and $51.5323. This company shares are 22.69% off its target price of $62.67 and the current market capitalization stands at $28.5B. The recent change has given its price a -4.34% deficit over SMA 50 and -20.21% deficit over its 52-week high. The stock witnessed -11.93% declines, 1.47% gains and -18.09% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found LUV’s volatility during a week at 2.82% and during a month it has been found around 2.51%.Southwest Airlines Co. (NYSE:LUV) Intraday Metrics
Southwest Airlines Co. (LUV) exchanged hands at an unexpectedly low level of 4130435 shares over the course of the day. Noting its average daily volume at 8074800 shares each day over the month, this signifies a pretty significant change over the norm.Southwest Airlines Co. Target Levels
The market experts are predicting a 46.83% rally, based on the high target price of $75 for Southwest Airlines Co. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $52 range (lowest target price). If faced, it would be a 1.8% jump from its current position. Overall, the share price is up 9.9% year to date [T2].