Zynga Inc. (NASDAQ:ZNGA) could surge as high as $5



Zynga Inc. (NASDAQ:ZNGA) has a 1 Year Target Estimate of $3.21. The stock traded with the volume of 5.38 Million in the last trading session. Zynga Inc. opened at $2.89 and closed by showing a decrease of -0.35%. The Bid price in the last session was $2.89 x 500 and the Ask price was $2.97 x 200. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Zynga Inc. has the Market Capitalization of 2.49 Billion. The Stock has its 52-week High of $3.04 and 52-Week Low of $1.78 and it touched its 52-week high on Oct 10, 2016 and 52-Week Low on Feb 11, 2016.

Zynga Inc. reported its last Earnings on Nov 02 AMC where the company reported Actual EPS of $0.01/Share whereas, the Analyst Estimated EPS was $0.01/share. The difference between Actual EPS and Estimated EPS was $0/share. This represented an Earnings Surprise of 0%. The company will report its next earnings on Feb 8 – Feb 13 (Est.).

14 number of analysts also provided their insight on Zynga Inc., where the Average Price Target for the stock is $3.21. They also projected Low Price Target as $2.5 while High Price Target is set at $5.

A number of analysts rated the stock as well: 2 analysts believe that the stock is a STRONG BUY while 3 reported it as Buy.8 analysts assigned a HOLD rating, 3 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Zynga Inc. annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 46.89. The company has its Price to Sales (P/S) ratio of 3.46 where Price to Book (P/B) ratio of 1.53, Price to Cash Per share (P/C) of 2.93 and Price to Free Cash Flow (P/FCF) has a value of 90.78.

The company has its Return on Assets (ROA) of -6.2 Percent. Return on Equity (ROE) stands at -7.3% and Return on Investment (ROI) displays a value of -7.7%.

The stock is currently trading at Distance from 20-Day simple moving Average of 1.6% whereas, Distance from 50-Day Simple moving average is 0.4 Percent and Distance from 200-Day Simple Moving Average of 9.57 percent.

A look at performance overview of Zynga Inc. depicts that Performance (Week) is 2.51 percent while Performance Month is 1.78%. Quarterly performance shows a value of 4.76% and Half Year Performance value stands at 9.16%. Yearly performance of the stock has the value of 10 percent. Zynga Inc. has its YTD performance of 6.72 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 15 Nov 2016 where General Counsel Shah (Devang) did a transaction type “Sell” in which 3617 shares were traded at a price of $2.8. Another insider trade includes General Counsel Shah (Devang) who also initiated a transaction in which 965 shares were traded on 15 Nov 2016 as “Sell”. On 15 Nov 2016 General Counsel Shah (Devang) traded 1206 shares as “Sell” at $2.8. General Counsel Shah (Devang) Buy 9375 shares on 14 Nov 2016 at the price of $0.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Morgan Stanley on 14-Jul-15 who Initiated the stock  to Equal-Weight. Other firms have also Upgraded/Downgraded the stock. On 7-Nov-14, Needham took an action “Upgrade” from Hold to Buy. On 4-Feb-14, the stock was Upgrade to Buy by UBS.