Zynga Inc (ZNGA)

[Trevor11]

ZNGA: RATES BUY OR STRONG BUY, WILL REACH $4.24






ZNGA: ANALYSTS RATE ZYNGA INC. BUY OR STRONG BUY, WILL REACH $4.24




ANALYSTS ON A CONSENSUS BASIS ARE EXPECTING THAT THE STOCK WILL REACH $4.24 WITHIN THE YEAR.

6 ANALYSTS RATE ZYNGA INC. A BUY OR STRONG BUY, WHICH IS 50% OF ALL THE ANALYST RATINGS.


WHAT IS THE ANALYST SENTIMENT ON ZYNGA INC. (NASDAQ:ZNGA)?

SEPTEMBER 28, 2017 DARC NEWS CONTRIBUTOR


Zynga Inc. (NASDAQ:ZNGA) currently has an AVERAGE BROKER RATING of 2.04. The ABR rank within the industry stands at 55. This number is based on the 12 sell-side firms polled by Zacks.


Each brokerage research report carries with it some form of recommendation. The brokerage firms may use different lingo for their rating systems (like saying Outperform instead of Buy), but they can all be properly sorted into our 5 level classification system that is now the industry standard. Each of the 5 classifications has a value associated with it to help compute the ABR.

AS THE NAME IMPLIES THE ABR WILL SHOW YOU THE AVERAGE OF BROKERAGE RECOMMENDATIONS ON A GIVEN STOCK. THE BENEFIT IS THAT YOU QUICKLY GET A SNAPSHOT OF WHERE WALL STREET STANDS ON A STOCK WITHOUT HAVING TO READ A MOUNTAIN OF RESEARCH REPORTS.
Broker recommendations are made by brokerage firms (for example, JP Morgan) and are NOT AN OUTRIGHT RECOMMENDATION TO BUY OR SELL A SHARE, BUT INSTEAD GIVE AN INDICATION OF HOW THE BROKER THINKS THE COMPANY WILL PERFORM RELATIVE TO ITS SECTOR. Their recommendations are issued over a particular period of time. The recommendations provided in the Research Centre are shown on a 75 day rolling basis. EACH BROKERAGE FIRM HAS ITS OWN WAY OF RATING that may make it difficult to compare broker recommendations between the brokerage houses.
FOR EXAMPLE, AT ONE BROKERAGE “BUY” MAY BE THE STRONGEST RECOMMENDATION, WHILE AT ANOTHER “BUY” COULD BE SECOND TO A “STRONG BUY” RATING. THE SECOND-HIGHEST RATINGS ALSO HAVE A NUMBER OF DIFFERENT OTHER NAMES: “ACCUMULATE”, “OUTPERFORM”, “MODERATE BUY” OR “OVERWEIGHT”.

ANALYSTS ON A CONSENSUS BASIS ARE EXPECTING THAT THE STOCK WILL REACH $4.24 WITHIN THE YEAR.
With equity investing, there will constantly be worries and fears. The volatility in the market that accompanies these fears may trick investors into thinking the next bear market is on the doorstep. During a market-wide sell off, many stocks may experience the pain. Over time, many may gain back the ground they lost and return to previous levels. The biggest names may be the ones to recoup the losses the quickest. However, many investors might get stuck waiting for a rebound that just isn’t going to happen. Having the flexibility to adapt to market conditions may help repair a damaged portfolio. Sometimes a readjustment may be needed in order to regain some confidence. AS THE NEXT ROUND OF EARNINGS REPORTS START TO COME IN, INVESTORS WILL BE KEEPING A CLOSE WATCH TO SEE WHICH COMPANIES PRODUCE THE LARGEST SURPRISES, both positive and negative.

Most recently Zynga Inc. (NASDAQ:ZNGA) posted quarterly earnings of $0.02 which compared to the sell-side estimates of 0.02. The stock’s 12-month trailing earnings per share stands at $-0.07. Shares have moved $-0.27 over the past month and more recently, $-4.6 over the past week heading into the earnings announcement. There are 8 analyst projections that were taken into consideration from respected brokerage firms.

RESEARCH ANALYSTS ARE PREDICTING THAT ZYNGA INC. (NASDAQ:ZNGA) WILL REPORT EARNINGS OF $0.02 PER SHARE WHEN THE FIRM ISSUES THEIR NEXT QUARTERLY REPORT. This is the consensus earnings per share number according to data from Zack’s Research.
Zynga Inc. (NASDAQ:ZNGA) closed the last session at $3.73 and sees an average of 10050580 shares trade hands in each session. The 52-week low of the stock stands at $2.5 while the current level stands at 87.23% of the 52-week High-Low range. Looking further out we can see that the stock has moved 3.9% over the past 12 weeks and 45.14% YEAR TO DATE.
6 ANALYSTS RATE ZYNGA INC. A BUY OR STRONG BUY, WHICH IS 50% OF ALL THE ANALYST RATINGS.


Source:

https://darcnews.com/what-is-the-analyst-sentiment-on-zynga-inc-nasdaqznga/307354/