Zynga Inc (ZNGA)

[Trevor11]

ZNGA: A PRECURSOR TO AN EARNINGS BEAT, ANALYSTS VERY RECENTLY BUMPED UP ESTIMATES






ZYNGA INC. (ZNGA) IS SET TO REPORT THIRD-QUARTER 2017 RESULTS ON (THIS TUESDAY) NOVEMBER 7, 2017.

ZNGA: A PRECURSOR TO AN EARNINGS BEAT, ANALYSTS VERY RECENTLY BUMPED UP ESTIMATES, GOOD THINGS ARE AHEAD

SUBSTANTIALLY OUTPERFORMING THE INDUSTRY

A SIGNIFICANTLY HIGHER CHANCE OF BEATING EARNINGS ESTIMATES.

OUR PROVEN MODEL SHOWS THAT ZYNGA IS LIKELY TO BEAT ESTIMATES

ANALYSTS HAVE VERY RECENTLY BUMPED UP THEIR ESTIMATES FOR ZNGA



CLEARLY, RECENT EARNINGS ESTIMATE REVISIONS SUGGEST THAT GOOD THINGS ARE AHEAD FOR ZYNGA

A PRETTY GOOD INDICATOR OF SOME FAVORABLE TRENDS UNDERNEATH the surface for ZNGA in this report.

ZYNGA IS SEEING FAVORABLE EARNINGS ESTIMATE REVISION ACTIVITY AS OF LATE, WHICH IS GENERALLY A PRECURSOR TO AN EARNINGS BEAT.

GIVEN THAT ZNGA HAS A ZACKS RANK #3 (HOLD) AND AN ESP IN POSITIVE TERRITORY, INVESTORS MIGHT WANT TO CONSIDER THIS STOCK AHEAD OF EARNINGS.

OUR RECENT 10-YEAR BACKTEST SHOWS THAT STOCKS THAT HAVE A POSITIVE EARNINGS ESP AND A ZACKS RANK #3 (HOLD) OR BETTER SHOW A POSITIVE SURPRISE NEARLY 70% OF THE TIME,







WHY EARNINGS SEASON COULD BE GREAT FOR ZYNGA (ZNGA)

NOVEMBER 03, 2017, 08:58:00 AM EDT BY ZACKS EQUITY RESEARCH, ZACKS.COM


Investors are always looking for STOCKS THAT ARE POISED TO BEAT AT EARNINGS SEASON AND ZYNGA INC. ZNGA may be one such company. The firm has EARNINGS COMING UP PRETTY SOON, AND EVENTS ARE SHAPING UP QUITE NICELY FOR THEIR REPORT.

THAT IS BECAUSE ZYNGA IS SEEING FAVORABLE EARNINGS ESTIMATE REVISION ACTIVITY AS OF LATE, WHICH IS GENERALLY A PRECURSOR TO AN EARNINGS BEAT. After all, ANALYSTS RAISING ESTIMATES RIGHT BEFORE EARNINGS - with the most up-to-date information possible - is A PRETTY GOOD INDICATOR OF SOME FAVORABLE TRENDS UNDERNEATH the surface for ZNGA in this report.

ANALYSTS HAVE VERY RECENTLY BUMPED UP THEIR ESTIMATES FOR ZNGA, GIVING THE STOCK A ZACKS EARNINGS ESP OF +33.33% HEADING INTO EARNINGS SEASON.


ZYNGA INC. PRICE AND EPS SURPRISE

ZYNGA INC. PRICE AND EPS SURPRISE | ZYNGA INC. QUOTE

WHY IS THIS IMPORTANT?

A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. OUR RECENT 10-YEAR BACKTEST SHOWS THAT STOCKS THAT HAVE A POSITIVE EARNINGS ESP AND A ZACKS RANK #3 (HOLD) OR BETTER SHOW A POSITIVE SURPRISE NEARLY 70% OF THE TIME, AND HAVE RETURNED OVER 28% ON AVERAGE IN ANNUAL RETURNS (see more Top Earnings ESP stocks here ).

GIVEN THAT ZNGA HAS A ZACKS RANK #3 (HOLD) AND AN ESP IN POSITIVE TERRITORY, INVESTORS MIGHT WANT TO CONSIDER THIS STOCK AHEAD OF EARNINGS. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

CLEARLY, RECENT EARNINGS ESTIMATE REVISIONS SUGGEST THAT GOOD THINGS ARE AHEAD FOR ZYNGA, and that a beat might be in the cards for the upcoming report…

Source:

www.nasdaq.com/article/why-earnings-season-could-be-great-for-zynga-znga-cm871083





ZYNGA INC. (ZNGA) MOVES HIGHER ON VOLUME SPIKE FOR NOVEMBER 03

EQUITIES STAFF | FRIDAY, 03 NOVEMBER 2017 17:18 (EST)


Market Summary

Zynga Inc. is a Provider of social game services
Last Price $ 3.92 Last Trade Nov/03 - 16:00

Change $ 0.04 Change Percent 1.03 %

Open $ 3.88 Prev Close $ 3.88

High $ 3.97 low $ 3.86

52 Week High $ 4.02 52 Week Low $ 2.40

Market Cap 3,392,606,258 PE Ratio 2.15

Volume 12,539,441 Exchange NGS

ZNGA - Market Data & News
ZNGA - Stock Valuation Report
TRADE
ZYNGA INC. (ZNGA) TRADED ON UNUSUALLY HIGH VOLUME ON NOV. 03, AS THE STOCK GAINED 1.03% TO CLOSE AT $3.92. ON THE DAY, ZYNGA INC. SAW 12.54 MILLION SHARES TRADE HANDS ON 25,731 TRADES. Considering that the stock AVERAGES only A DAILY VOLUME OF 8.03 MILLION shares a day over the last month, THIS REPRESENTS A PRETTY SIGNIFICANT BUMP IN VOLUME OVER THE NORM.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $4.02 and $2.40 over the last 52-weeks, its 50-day SMA is now $3.78, and its 200-day SMA $3.32. Zynga Inc. has a P/B ratio of 2.15.
Zynga Inc is engaged in developing, marketing and operating social games as live services played on mobile platforms, such as iOS and Android, and social networking sites, such as Facebook.
Headquartered in San Francisco, CA, Zynga Inc. has 1,681 employees and is currently under the leadership of CEO Frank Gibeau.
For a complete fundamental analysis analysis of Zynga Inc., check out Equities.com’s Stock Valuation Analysis report for ZNGA.
Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit http://www.equitiespremium.com/ to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

To get more information on Zynga Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: ZNGA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.

Source:

https://www.equities.com/news/zynga-inc-znga-moves-higher-on-volume-spike-for-november-03





ZYNGA (ZNGA) TO REPORT Q3 EARNINGS: IS A BEAT IN STORE?

ZACKS EQUITY RESEARCH NOVEMBER 03, 2017


ZYNGA INC. (ZNGA - FREE REPORT) IS SET TO REPORT THIRD-QUARTER 2017 RESULTS ON NOV 7.
In the last reported quarter, the company’s earnings were in line with the Zacks Consensus Estimate. In the trailing four quarters, the company missed estimates thrice, resulting in an average negative earnings surprise of 200%.

Revenues in the second quarter increased 15% year over year to $209.2 million and beat the Zacks Consensus Estimate of $207 million.
FOR THIRD-QUARTER 2017, THE COMPANY EXPECTS REVENUES TO BE APPROXIMATELY $210 MILLION.
NOTABLY, SHARES OF ZYNGA HAVE GAINED 51% YEAR TO DATE, SUBSTANTIALLY OUTPERFORMING THE INDUSTRY’S 23.8% RALLY.

Let’s see how things are shaping up for this announcement.
[color=green]FACTORS AT PLAY[/color]
Zynga is one of the leading game developers and has been seeing strength in the mobile game market. THE SURGE IN MOBILE AUDIENCE IS A KEY GROWTH DRIVER FOR THE COMPANY.

WE EXPECT ZYNGA’S INCREASING PAYER CONVERSION RATE DRIVEN BY GAMES LIKE CSR2 AND ZYNGA POKER TO DRIVE ITS TOP LINE. MOREOVER, THE COMPANY’S ACQUISITION OF SOLITAIRE GAMES IN THE FIRST QUARTER IS ANTICIPATED TO BOOST RESULTS IN THE SOON-TO-BE REPORTED QUARTER.
Zynga’s focus to improve live services is also anticipated to drive growth. Moreover, THE COMPANY’S COST-CUTTING INITIATIVES ARE HELPING IT TO IMPROVE OPERATIONAL EFFICIENCY.
However, management, on the last conference call, going by historical data, noted that player activity and advertising may decline in the third quarter.
Also, a sluggish web business, along with intensifying competition from the likes of Glu Mobile (GLUU - Free Report) , Electronic Arts (EA - Free Report) and Nintendo (NTDOY - Free Report) , remains a concern.
Zynga Inc. Price and EPS Surprise

Zynga Inc. Price and EPS Surprise | Zynga Inc. Quote
WHY A LIKELY POSITIVE SURPRISE?
OUR PROVEN MODEL SHOWS THAT ZYNGA IS LIKELY TO BEAT ESTIMATES due to the favorable combination of a Zacks Rank #3 (Hold) and Earnings ESP of +33.33%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Note that stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 [color=green]HAVE A SIGNIFICANTLY HIGHER CHANCE OF BEATING EARNINGS ESTIMATES.[/color] You can see the complete list of today’s Zacks #1 Rank stocks here.

Source:

https://www.zacks.com/stock/news/281735/zynga-znga-to-report-q3-earnings-is-a-beat-in-store




BETTING ON ZYNGA, INC. (NASDAQ:ZNGA) ?

BY LAUREN CORFIELD -

NOVEMBER 3, 2017


Zynga, Inc. (NASDAQ:ZNGA) closed its last session at $3.88. The stock traded within a range of $3.80 and $3.89. The company operates in the Technology sector with a market capitalization of 3.32 Million. Trading volume for Zynga, Inc. was 6.6 Million in its previous trading session. Currently, Zynga, Inc. (NASDAQ:ZNGA) has an average volume of 9.21 Million.
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.
ANALYST VIEWS
ZYNGA, INC. (NASDAQ:ZNGA) RECEIVED A BUY RATING FROM 3 ANALYSTS. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 ANALYSTS PROVIDED THEIR EXPERT OPINION AS SELL.
Zynga, Inc. (NASDAQ:ZNGA) touched its 1-Year High price of $4.02 on 09/20/17 and its 1-Year Low price of $2.40 on 02/10/17.
EPS & Financials
Zynga, Inc. (NASDAQ:ZNGA) reported its EPS in the last quarter as $0.02/Share lagging the analyst estimate of $0.02/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 11 analysts are projecting a mean EPS of $0.02/share. According to their observations and findings, the stock could provide a high EPS of $0.03/share and a low EPS of $0.02/share.
ANALYSTS BELIEVE THAT THE COMPANY HAS THE POTENTIAL TO EARN AVERAGE REVENUE OF $207.53 MILLION FOR THE CURRENT QUARTER. ACCORDING TO THEIR PREDICTIONS HIGH & LOW REVENUE ESTIMATES ARE 210 MILLION AND 204.9 MILLION RESPECTIVELY.
TECHNICAL ANALYSIS
By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. Zynga, Inc. (NASDAQ:ZNGA) has a 20-Day average volume of 7.85 Million. According to today’s trading volume Zynga, Inc. is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.7 Percent and Institutional ownership of 80 Percent. The return on assets stands at -4.3%, Return on Equity currently is -5.1% and the Return on Investment value is -7.4%.
Zynga, Inc. (NASDAQ:ZNGA) gross margin percentage stands at 67.2% while its operating margin for the past trailing twelve month is -10.8 percent and its overall profit margin (ttm) is -10.5 Percent.

The stock is currently moving above its 20-Day Simple Moving Average of 1.82% with a 50-Day Simple Moving Average of 2.76 percent. As of today, the company has a SMA200 (200-day simple moving average) of 16.88 Percent. The Stock has YTD (year to date) performance of 50.97 percent.

The TTM operating margin for the company stands at -10.8%. The return on invested capital is at -7.4%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 46.53.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 16.88%, and has A SOLID YEAR TO DATE (YTD) PERFORMANCE OF 50.97% WHICH MEANS THAT THE STOCK IS CONSTANTLY ADDING TO ITS VALUE FROM THE PREVIOUS FISCAL YEAR END PRICE.
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Lauren Corfield

Source:

https://topchronicle.com/betting-on-zynga-inc-nasdaqznga/