Research Report for Investors: Zynga, Inc. (NASDAQ:ZNGA)

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Zynga, Inc. (NASDAQ:ZNGA) Developer Of Social Games Accessible To Players Worldwide Via Social Networks And Mobile Platforms Belonging to the Consumer Discretionary sector which surged 3.56% and closed its last trading session at $2.91.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/1/2016. Currently, the stock has a 1 Year Price Target of $3.17.

The consensus recommendation, according to Zacks Investment research, is 2.33. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.4 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.45 and 2.45 respectively.

Many analysts have provided their estimated foresights on Zynga, Inc. Earnings, with 15 analysts believing the company would generate an Average Estimate of $0.01. Whereas they predicted High and Low Earnings Estimate as $0.02 and $0 respectively. While in the same Quarter Previous year, the Actual EPS was $0.

Analysts are also projecting an Average Revenue Estimate for Zynga, Inc. as $187.23 Million in the Current Quarter. This estimate is provided by 13 analysts. The High Revenue estimate is predicted as 195.2 Million, while the Low Revenue Estimate prediction stands at 180 Million. The company’s last year sales total was 175.98 Million.

The Company got Initiated by Morgan Stanley on 14-Jul-15 to Equal-Weight.

Insider Trades for Zynga, Inc. show that the latest trade was made on 18 Sep 2016 where Shah (Devang), the General Counsel completed a transaction type “Sell” in which 2697 shares were traded at a price of $2.91.

8 Insider Sales transactions were made totaling 203769 shares traded.

15 analysts projected Price Targets for Zynga, Inc. The analysts believe that the company stock price could grow as high as $5. The Low Price target projection by analysts is $2.5 and the Mean Price Target is $3.17.

Zynga, Inc. (NASDAQ:ZNGA) has the market capitalization of $2.48 Billion. The company rocked its 52-Week High of $3.02 on Aug 4, 2016 and touched its 52-Week Low of $1.78 on Feb 11, 2016. The stock has Return on Assets (ROA) of -3.8 percent. Return on Equity (ROE) stands at -4.5% and Return on Investment (ROI) of -7.7 percent.

The stock is currently showing YTD performance of 8.58 Percent. The company has Beta Value of 1.32 and ATR value of 0.08. The Weekly and Monthly Volatility stands at 2.71% and 3.23%.

Company profile:

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.