ZNGA: $5.00,ANALYSTS VALUATIONS,‘BUY’,‘OUTPERFORM’,AND,‘HOLD’,AUGUST,16,2016
ANALYSTS VALUATIONS FOR TWO STOCKS: ZYNGA INC (NASDAQ:ZNGA), SUPERVALU INC. (NYSE:SVU)
AUTHOR: KATHERINE BLACK
POSTED ON AUGUST 16, 2016
ZYNGA INC (NASDAQ:ZNGA) WENT UP +2.26% DURING TRADING ON 8/15/2016, HITTING $2.73. THE STOCK HAD A TRADING VOLUME OF 8.0 M SHARES. The firm has a SMA 50 (SIMPLE MOVING AVERAGE) OF $2.75 and a SMA 200-(SIMPLE MOVING AVERAGE) OF $2.46. THIS APPRECIATION HAS TAKEN ITS MARKET CAP TO $2.39B. ON AUG 4, 2016 THE SHARES REGISTERED ONE YEAR HIGH AT $3.02 and the one year low of $1.78 was seen on Feb 11, 2016.
ZYNGA INC (NASDAQ:ZNGA) ANALYST EVALUATION
Zynga Inc (NASDAQ:ZNGA) currently has mean rating of 2.8 while 2 ANALYST HAVE RECOMMENDED THE SHARES AS ‘BUY’, 2 COMMENTED AS ‘OUTPERFORM’ AND 10 COMMENTED AS ‘HOLD’. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell THE MEAN PRICE TARGET FOR THE SHARES OF COMPANY IS AT $3.17 WHILE THE HIGHEST PRICE TARGET SUGGESTED BY THE ANALYSTS IS $5.00 and low price target is $2.50. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.
COMPANY MEAN ESTIMATE FOR REVENUE FOR THE ONGOING QUARTER ENDING SEP 16 IS $187.25M BY 14 ANALYSTS. THE AVERAGE FORECAST OF SALES FOR THE YEAR ENDING DEC 16 IS $744.58M BY 15 ANALYSTS.
EARNINGS SUMMARY
In Zynga Inc (NASDAQ:ZNGA) latest quarter ended on 30 Jun 2016, company announced earnings of $0.00. The reported earnings missed the analyst’s consensus by $0.00. In the matter of earnings surprises, it can have a huge impact on a company’s stock price. SEVERAL STUDIES SUGGEST THAT POSITIVE EARNINGS SURPRISES NOT ONLY LEAD TO AN IMMEDIATE HIKE IN A STOCK’S PRICE, BUT ALSO TO A GRADUAL INCREASE OVER TIME...
Source:
voiceregistrar.com/2016/08/16/analysts-valuations-for-two-stocks-zynga-inc-nasdaqznga-supervalu-inc-nysesvu/
