Shaers of Electronic Arts Inc. (NASDAQ:EA) have been recommended as a long term growth pick. With the firm’s stock price currently trading around $112.27, the firm has proven a solid track record of growth over the recent years. Investors might consider the stock as a long term growth candidate as the firm has yielded 68.60% earnings per share growth over the past 5 years and 3.20% revenue growth over that same time frame.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same.
A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same. A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Electronic Arts Inc. (NASDAQ:EA)’s stock was 42.55%. Over the last week of the month, it was 0.51%, -5.85% over the last quarter, and 6.68% for the past six months.
Over the past 50 days, Electronic Arts Inc.’s stock is -8.07% off of the high and 1.99% removed from the low. Their 52-Week High and Low are as follows: -8.57% (High), 52.25%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $128.04 on the equity. Analysts have a consensus recommendation of 1.90 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.