NASDAQ:ZNGA - Zynga Stock Price, Forecast & News

Zynga trades on the NASDAQ under the ticker symbol "ZNGA."

Zynga Inc (NASDAQ:ZNGA) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.05. The company had revenue of $345.29 million for the quarter, compared to the consensus estimate of $330.56 million. Zynga had a net margin of 3.94% and a negative return on equity of 11.86%. Zynga's revenue for the quarter was up 48.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 EPS. View Zynga's Earnings History.

Zynga is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Zynga.

13 brokerages have issued 1 year target prices for Zynga's shares. Their forecasts range from $5.30 to $9.00. On average, they expect Zynga's stock price to reach $7.17 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Zynga.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Zynga.

Press coverage about ZNGA stock has been trending negative on Saturday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zynga earned a news impact score of -2.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Zynga.

Zynga saw a decline in short interest in October. As of October 31st, there was short interest totalling 58,380,000 shares, a decline of 15.7% from the September 30th total of 69,270,000 shares. Based on an average daily trading volume, of 18,090,000 shares, the days-to-cover ratio is presently 3.2 days. Approximately 6.7% of the shares of the company are sold short. View Zynga's Current Options Chain.

Some companies that are related to Zynga include Activision Blizzard (ATVI), Electronic Arts (EA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Glu Mobile (GLUU) and Rosetta Stone (RST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Zynga investors own include Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), Quantum (QTM), Baytex Energy (BTE), Bank of America (BAC), Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Encana (ECA) and Sherritt International (S).

Zynga's stock is owned by many different of retail and institutional investors. Top institutional investors include TimesSquare Capital Management LLC (1.67%), black and white Capital LP (1.43%), State Street Corp (1.25%), Millennium Management LLC (1.22%), Scout Investments Inc. (0.74%) and First Trust Advisors LP (0.62%). Company insiders that own Zynga stock include Bernard Jin Kim, Ellen F Siminoff, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Mark J Pincus, Matthew S Bromberg and Phuong Y Phillips. View Institutional Ownership Trends for Zynga.

ZNGA stock was sold by a variety of institutional investors in the last quarter, including KCL Capital L.P., black and white Capital LP, Columbus Circle Investors, Squarepoint Ops LLC, Eagle Asset Management Inc., Russell Investments Group Ltd., Ibex Investors LLC and Mackay Shields LLC. Company insiders that have sold Zynga company stock in the last year include Bernard Jin Kim, Ellen F Siminoff, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Mark J Pincus, Matthew S Bromberg and Phuong Y Phillips. View Insider Buying and Selling for Zynga.

ZNGA stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., First Trust Advisors LP, Carillon Tower Advisers Inc., State of New Jersey Common Pension Fund D, California Public Employees Retirement System, State Street Corp, Tributary Capital Management LLC and Point72 Asset Management L.P.. View Insider Buying and Selling for Zynga.

Shares of ZNGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ZNGA stock can currently be purchased for approximately $6.22.

Zynga has a market capitalization of $5.88 billion and generates $907.21 million in revenue each year. The company earns $15.46 million in net income (profit) each year or $0.02 on an earnings per share basis. Zynga employs 1,777 workers across the globe.View Additional Information About Zynga.

The official website for Zynga is http://www.zynga.com/.

Zynga's mailing address is 699 Eighth Street, San Francisco CA, 94103. The company can be reached via phone at 855-449-9642 or via email at [email protected]