Zynga Inc. is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) and Android and social networking sites, such as Facebook. The Company operates through developing and monetizing social games segment. It has developed various social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises. The Company also launched various games on mobile and Web, including Words on Tour and FarmVille: Harvest Swap in the Casual category; Black Diamond Casino and Princess Bride Slots in the Social Casino category; Empires & Allies in the Action Strategy category, and Mountain Goat Mountain. It invests in various game categories, including Social Casino, Casual, Action Strategy and Invest Express. It analyzes the data generated by its players' game play and social interactions to guide the creation of content and features.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Multimedia & Graphics Software
- Sub-Industry: Home Entertainment Software
- Exchange: NASDAQ
- Symbol: ZNGA
- CUSIP: 98986T10
- Previous Close: $2.71
- 50 Day Moving Average: $2.62
- 200 Day Moving Average: $2.75
- 52-Week Range: $2.10 - $3.08
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 30.00
- P/E Growth: 1.29
- Market Cap: $2.37B
- Outstanding Shares: 888,271,000
- Beta: 1.26
- Net Margins: -14.59%
- Return on Equity: -5.96%
- Return on Assets: -5.04%
Companies Related to Zynga:
- Current Ratio: 3.96%
- Quick Ratio: 4.60%
What is Zynga's stock symbol?
Zynga trades on the NASDAQ under the ticker symbol "ZNGA."
Where is Zynga's stock going? Where will Zynga's stock price be in 2017?
12 equities research analysts have issued 1-year price targets for Zynga's shares. Their forecasts range from $2.50 to $5.00. On average, they expect Zynga's stock price to reach $3.59 in the next year.
When will Zynga announce their earnings?
Zynga is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Zynga stock?
Here are some recent quotes from research analysts about Zynga stock:
According to Zacks Investment Research, "Zynga Inc. is the world's largest social game developer with users playing their games which include CityVille, FarmVille, FrontierVille, Words With Friends, Mafia Wars, Zynga Poker, Cafe World, and Treasure Isle. Zynga Inc. games are available on a number of global platforms including Facebook, MySpace, Yahoo, the iPad, the iPhone and Android devices. They operate their games as live services, by which they mean that they continue to support and update games after launch and gather daily, metrics-based player feedback that enable them to continually enhance their games by adding new content and features. All of their games are free to play, and they generate revenue through the in-game sale of virtual goods and advertising. " (2/15/2017)
- Mizuho analysts commented, "Zynga posted a strong beat, but the 1Q guide came in behind expectations and we didn't get much color on the new title slate for 2017. We think its prudent for the new management team to reset expectations and expect the company to remain focused on it existing live services. Break-out mobile game hits could drive material upside to our expectations but that is not something we are counting on. We still see all the ingredients for a successful turnaround and remain buyers of the stock." (2/10/2017)
Piper Jaffray Companies analysts commented, "MX reported solid results/guidance as it marches forward with its turnaround story. A recovery in Foundry and a positive product mix pushed GMs higher. MX continues to prioritize GM improvement, cash flow, and profitability. MX announced another headcount reduction plan and expects annual cost savings of $20-$27M over the next 1.5 year (70% in manufacturing, 30% SG&A). We think the reason for the stock sell-off this morning is around comments regarding AMOLED revenue declining in 1H17, before ramping in the 2H17. AMOLED revenue should come in below 2016 revenue, albeit it a tough compare as AMOLED grew 160% Y/Y in ’16. However, we believe MX has a good design win pipeline in AMOLED." (2/10/2017)
- Wedbush analysts commented, "We think that Zynga is a compelling investment. Its market cap of $2.3 billion includes $871 million in cash and securities, as well as an estimated $500 million in real estate, leaving an enterprise value of just over $900 million, or roughly 1.1x consensus FY:17 bookings. We think a reasonable multiple is 3.0x our forward bookings estimate, which would value shares at $4.25." (2/6/2017)
Pacific Crest analysts commented, "We still don’t see the breakout hit in its slate to justify a turnaround and remain Sector Weight." (8/5/2016)
Who owns Zynga stock?
Zynga's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.45%), Stelliam Investment Management LP (2.13%), Renaissance Technologies LLC (1.95%), AQR Capital Management LLC (1.57%), Raging Capital Management LLC (1.28%) and Alyeska Investment Group L.P. (1.16%). Company insiders that own Zynga stock include David J Lee, Devang Shah, Ellen F Siminoff, Frank D Gibeau and Michelle Quejado.
Who sold Zynga stock? Who is selling Zynga stock?
Zynga's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Oxford Asset Management, Dynamic Technology Lab Private Ltd, Federated Investors Inc. PA, Commerzbank Aktiengesellschaft FI and Capstone Investment Advisors LLC. Company insiders that have sold Zynga stock in the last year include Devang Shah, Ellen F Siminoff, Frank D Gibeau and Michelle Quejado.
Who bought Zynga stock? Who is buying Zynga stock?
Zynga's stock was acquired by a variety of institutional investors in the last quarter, including Raging Capital Management LLC, Alyeska Investment Group L.P., Dimensional Fund Advisors LP, Russell Investments Group Ltd., Folger Hill Asset Management LP, Two Sigma Investments LP, Kettle Hill Capital Management LLC and Stelliam Investment Management LP.
How do I buy Zynga stock?
Shares of Zynga can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Zynga stock cost?
One share of Zynga stock can currently be purchased for approximately $2.70.