Besides, FCF/Sales are expected to be equal to 29%-28% in the same time period. Most analysts are expecting sales growth to be equal to 18%-7% from 2021 to 2024. Market estimates are also quite optimistic. The fact that the company’s net debt is negative will most likely be appreciated by investors: The company’s financial position is also very solid with an asset/liability ratio of 2x and senior notes worth $1.87 billion. With this cash in hand, the management will be able to invest in marketing and product design, which will most likely enhance sales growth: Source: Presentation Solid Balance Sheet With Beneficial Market Estimates For 2022-2024Īs of June 30, 2021, EA reports a significant amount of cash, $2.8 billion, with short-term investments worth $881 million. Obviously, net revenue and CFO are also expected to increase significantly in the next two years:
#FIFA ONLINE 4 PRICE FULL#
The company expects an increase in the life services business segment as well as the full game segment. Notice that the company expects net bookings to increase by 37% from 2020 to 2022. With a portfolio of assets worth $12 billion, the most exciting is not the current amount of assets, but the expected growth delivered by the management. The image below offers more information on the matter: Fifa, Sims, Battlefield, and Madden are among EA’s successful digital assets. With that, I would like to mention some of the games because millennial readers would most likely remember them. I can’t really go through all the assets owned and currently being developed by EA. Source: Electronic Arts Home Page - Official EA Site EA's Expected Growthįounded in 1982, Electronic Arts develops games, content, and digital services for consoles, PCs, mobile phones, and tablets: In any case, like many other analysts, I believe that the company is a buy at its current market price of $124-$130. However, with new acquisitions and effective integration of Glu Mobile and Codemasters, I would be expecting the share price to trend north, up to $255. If Electronic Arts ( NASDAQ: EA) continues to sell FIFA as the company did in the past, I believe that EA’s share price is likely to be worth $174-$175.
0 kommentar(er)
