Zynga Company Profile (NASDAQ:ZNGA)

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

Zynga Inc. (NASDAQ:ZNGA) announced its earnings results on Thursday, May, 4th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The company earned $194.30 million during the quarter, compared to analysts' expectations of $188.14 million. Zynga had a negative net margin of 12.16% and a negative return on equity of 5.25%. The company's revenue was up 4.1% on a year-over-year basis. View Zynga's Earnings History.

Zynga is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Zynga.

12 analysts have issued twelve-month price targets for Zynga's shares. Their predictions range from $3.00 to $5.00. On average, they anticipate Zynga's share price to reach $3.89 in the next year. View Analyst Ratings for Zynga.

Here are some recent quotes from research analysts about Zynga stock:

• 1. 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. " (7/7/2017)
• 2. Canaccord Genuity analysts commented, "We believe the revenue miss is a combination of factors including weaker than expected sales of the LR54 router from the cellular business group, weaker than expected sales for the mature networking business and a faster than expected decline in legacy RF and embedded products. As a result, Digi lowered guidance for FY17 from $201-211M to $182-189M with management highlighting new products ramping slower than expected in RF and embedded and some product modifications needed to improve its cellular offering. We believe new products in key segments of cellular routers and gateways, RF and embedded will lead to sequential improved results in Q4/F’17 combined with ramping sales for the cold chain recurring revenue services business now named Digi Smart Solutions. We maintain our belief Digi is in the early stage of its strategic initiatives to drive improving revenue growth with strong margin leverage potential. With Mr. Konezny helping implement Digi’s improved IoT focus and execution to drive a simplified Digi with stronger revenue growth and adjusted EBITDA margins longer-term, Digi’s strong product portfolio, and a healthy net cash position of $133M, we believe the shares represent an attractive opportunity for longer-term investors even with our lowered estimates." (5/5/2017)
• 3. Jefferies Group LLC analysts commented, "This was Zynga’s best quarter in years. User levels grew for the first time since late 2012, while nice opex control drove solid upside to our estimates. While still very early, these are encouraging results that give confidence in management’s plan to drive leverage out of the company’s existing live operations." (5/5/2017)
• 4. 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)
• 5. 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)

Zynga saw a decline in short interest in the month of July. As of July 14th, there was short interest totalling 12,566,285 shares, a decline of 26.4% from the June 30th total of 17,072,070 shares. Based on an average daily trading volume, of 8,245,501 shares, the short-interest ratio is presently 1.5 days. Currently, 1.7% of the shares of the stock are sold short.

Some companies that are related to Zynga include H&R Block (HRB), Ralph Lauren Corporation (RL), Polaris Industries (PII), Sjm Holdings (SJMHF), Brunswick Corporation (BC), Michael Kors Holdings Limited (KORS), Dolby Laboratories (DLB), Hugo Boss (BOSSY), The Madison Square Garden Company (MSG), Six Flags Entertainment Corporation New (SIX), Bright Horizons Family Solutions (BFAM), Skechers U.S.A. (SKX), Cinemark Holdings (CNK), Pool Corporation (POOL), Liberty Global PLC (LILAK), Liberty Global PLC (LILA), Cable One (CABO) and Carter's (CRI).

Zynga's management team includes the folowing people:

• Mark J. Pincus, Chairman, CEO, and Chief Product Officer
• David (Dave) Wehner, CFO
• Debra J. Chrapaty, CIO
• Mark J. Pincus, Executive Chairman of the Board
• Bernard Kim, President - publishing
• Frank D. Gibeau, Chief Executive Officer, Director
• Gerard Griffin, Chief Financial Officer, Principal Accounting Officer
• Matthew S. Bromberg, Chief Operating Officer
• William B. Gordon, Director
• Louis J. Lavigne Jr., Director

Zynga's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.31%), First Quadrant L P CA (0.26%), Acadian Asset Management LLC (0.25%) and Mizuho Securities USA LLC (0.03%). Company insiders that own Zynga stock include David J Lee, Devang Shah, Ellen F Siminoff, Frank D Gibeau, Michelle Quejado and William B Gordon. View Institutional Ownership Trends for Zynga.

Zynga's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have sold Zynga stock in the last year include Devang Shah, Ellen F Siminoff, Frank D Gibeau, Michelle Quejado and William B Gordon. View Insider Buying and Selling for Zynga.

Zynga's stock was acquired by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Acadian Asset Management LLC and Mizuho Securities USA LLC. View Insider Buying and Selling for Zynga.

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.

One share of Zynga stock can currently be purchased for approximately $3.74.