NASDAQ:ZNGA Zynga Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Zynga Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $8.85 +0.15 (+1.72 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$8.60Now: $8.85▼$8.9250-Day Range$8.30MA: $9.00▼$10.0752-Week Range$5.63Now: $8.85▼$10.69Volume20.49 million shsAverage Volume21.52 million shsMarket Capitalization$9.52 billionP/E RatioN/ADividend YieldN/ABeta0.29 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Zynga Inc. develops, markets, and operates social games as live services in the United States and internationally. The company's games are played on mobile platforms, such as Apple iOS and Google's Android operating systems, as well as on social networking sites, such as Facebook. It also provides advertising services comprising mobile and display ads, engagement ads and offers, and branded virtual items and sponsorships to advertising agencies and brokers; and licenses its own brands. The company was formerly known as Zynga Game Network Inc. and changed its name to Zynga Inc. in November 2010. Zynga Inc. was founded in 2007 and is headquartered in San Francisco, California.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingZynga has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 12 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.93, Zynga has a forecasted upside of 23.5% from its current price of $8.85.Amount of Analyst CoverageZynga has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesZynga has received 764 “outperform” votes. (Add your “outperform” vote.)Underperform VotesZynga has received 932 “underperform” votes. (Add your “underperform” vote.)Community SentimentZynga has received 54.95% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Zynga and other stocks. Vote “Outperform” if you believe ZNGA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZNGA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldZynga does not currently pay a dividend.Dividend GrowthZynga does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Zynga insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,793,437.00 in company stock.Percentage Held by InsidersOnly 9.40% of the stock of Zynga is held by insiders.Percentage Held by Institutions69.62% of the stock of Zynga is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Zynga are expected to grow by 17.39% in the coming year, from $0.23 to $0.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Zynga is -295.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Zynga is -295.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioZynga has a PEG Ratio of 1.82. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioZynga has a P/B Ratio of 4.25. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Data processing & preparation Sub-IndustryHome Entertainment Software SectorConsumer Discretionary Current SymbolNASDAQ:ZNGA Previous Symbol CUSIP98986T10 CIK1439404 Webwww.zynga.com Phone855-449-9642Debt Debt-to-Equity Ratio0.41 Current Ratio1.84 Quick Ratio1.84Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio38.48 P/E Growth1.82 Sales & Book Value Annual Sales$1.32 billion Price / Sales7.20 Cash Flow$0.03 per share Price / Cash Flow325.12 Book Value$2.08 per share Price / Book4.25Profitability EPS (Most Recent Fiscal Year)($0.06) Net Income$41.92 million Net Margins-1.72% Return on Equity-2.06% Return on Assets-1.07%Miscellaneous Employees1,883 Outstanding Shares1,075,440,000Market Cap$9.52 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $8.85 +0.15 (+1.72 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ZNGA News and Ratings via Email Sign-up to receive the latest news and ratings for ZNGA and its competitors with MarketBeat's FREE daily newsletter. Zynga (NASDAQ:ZNGA) Frequently Asked Questions How has Zynga's stock been impacted by COVID-19 (Coronavirus)? Zynga's stock was trading at $6.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ZNGA shares have increased by 32.3% and is now trading at $8.85. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Zynga? 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 2 sell ratings, 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zynga. When is Zynga's next earnings date? Zynga is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Zynga. How were Zynga's earnings last quarter? Zynga Inc (NASDAQ:ZNGA) issued its quarterly earnings data on Wednesday, August, 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.05 by $0.08. The business earned $518.13 million during the quarter, compared to the consensus estimate of $503.07 million. Zynga had a negative return on equity of 2.06% and a negative net margin of 1.72%. View Zynga's earnings history. What guidance has Zynga issued on next quarter's earnings? Zynga issued an update on its FY20 earnings guidance on Wednesday, August, 5th. The company provided earnings per share guidance of ($0.54) for the period, compared to the Thomson Reuters consensus EPS estimate of $0.35. The company issued revenue guidance of $1.8 billion from $1.69 billion, compared to the consensus revenue estimate of $1.86 billion. What price target have analysts set for ZNGA? 17 brokerages have issued 12 month price targets for Zynga's shares. Their forecasts range from $7.50 to $13.25. On average, they expect Zynga's share price to reach $10.93 in the next twelve months. This suggests a possible upside of 23.5% from the stock's current price. View analysts' price targets for Zynga. Are investors shorting Zynga? Zynga saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 100,740,000 shares, an increase of 92.7% from the July 30th total of 52,280,000 shares. Based on an average daily volume of 22,280,000 shares, the days-to-cover ratio is currently 4.5 days. View Zynga's Short Interest. Who are some of Zynga's key competitors? 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). View all competitors. What other stocks do shareholders of Zynga own? Based on aggregate information from My MarketBeat watchlists, some companies that other Zynga investors own include NVIDIA (NVDA), Hudbay Minerals (HBM), Cellectar Biosciences (CLRB), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Square (SQ), Netflix (NFLX), Shopify (SHOP) and Trade Desk (TTD). Who are Zynga's key executives? Zynga's management team includes the following people: Mr. Mark Pincus, Founder & Non Exec. Chairman (Age 53)Mr. Frank D. Gibeau, CEO & Director (Age 50)Mr. James Gerard Griffin, Chief Financial Officer (Age 52)Mr. Matthew S. Bromberg, Chief Operating Officer (Age 52)Ms. Phuong Y. Phillips B.A., J.D., Chief Legal Officer & Sec. (Age 42) What is Zynga's stock symbol? Zynga trades on the NASDAQ under the ticker symbol "ZNGA." Who are Zynga's major shareholders? Zynga's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.09%), William Blair Investment Management LLC (2.69%), TimesSquare Capital Management LLC (1.52%), Cadian Capital Management LP (1.24%), Two Sigma Advisers LP (1.06%) and AJO LP (1.13%). Company insiders that own Zynga stock include Bernard Jin Kim, Ellen F Siminoff, Frank D Gibeau, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Mark J Pincus, Matthew S Bromberg, Phuong Y Phillips and Regina E Dugan. View institutional ownership trends for Zynga. Which institutional investors are selling Zynga stock? ZNGA stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Cadian Capital Management LP, Marshall Wace North America L.P., First Trust Advisors LP, Two Sigma Advisers LP, TimesSquare Capital Management LLC, Newbrook Capital Advisors LP, and Bank of New York Mellon Corp. Company insiders that have sold Zynga company stock in the last year include Bernard Jin Kim, Ellen F Siminoff, Frank D Gibeau, James Gerard Griffin, Jeffrey Buckley, Jeffrey Miles Ryan, Matthew S Bromberg, Phuong Y Phillips, and Regina E Dugan. View insider buying and selling activity for Zynga. Which institutional investors are buying Zynga stock? ZNGA stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, Bank of Nova Scotia, Nuveen Asset Management LLC, MUFG Securities EMEA plc, Parian Global Management LP, Vanguard Group Inc., Columbus Circle Investors, and Epoch Investment Partners Inc.. View insider buying and selling activity for Zynga. How do I buy shares of 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. What is Zynga's stock price today? One share of ZNGA stock can currently be purchased for approximately $8.85. How big of a company is Zynga? Zynga has a market capitalization of $9.52 billion and generates $1.32 billion in revenue each year. The company earns $41.92 million in net income (profit) each year or ($0.06) on an earnings per share basis. Zynga employs 1,883 workers across the globe. What is Zynga's official website? The official website for Zynga is www.zynga.com. How can I contact Zynga? 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
