Zynga Inc (ZNGA)

[Trevor11]

ZNGA: $30.81 STOCK PRICE, AND WILL HIT $4.28 ON A SHORT TERM





ZYNGA INC. (ZNGA) SOON TO BE WORTH AROUND $4.28, FINANCIAL ANALYSTS PREDICT

CONSIDER A MEDIAN PRICE TO EARNINGS RATIO ON THE STOCK, THAT CORRESPONDS WITH A STOCK PRICE OF 30.81.

ANALYST RESEARCH FIRMS ARE EXPRESSING BULLISH STANCE ON ZYNGA INC. (NASDAQ:ZNGA)’S NEAR-TERM GROWTH POTENTIAL





MARKETS

TAKING A LOOK AT THE OPERATIONAL DATA FOR ZYNGA INC. (ZNGA)


WWW.STOCKNEWSGAZETTE.COM/2017/12/11

RAMONA ZIMMERMAN
18 HOURS AGO


ZYNGA INC. (NASDAQ:ZNGA) HAS RECENTLY BEEN IDENTIFIED AS AN INTERESTING STOCK but more in-depth monitoring is needed for a trade decision. Now trading with a market value of 3.19B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. As the day-to-day narrative ebbs and flows for this company, it is more important than ever to STEP BACK AND GET A BIRD’S EYE VIEW OF THE FUNDAMENTAL REALITY UNDER THE SURFACE OF THIS STORY.

ZYNGA INC. (NASDAQ:ZNGA) FUNDAMENTALS THAT MATTER

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For ZNGA, the company currently has 525.94 million of cash on the books. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 1.93 billion in total assets, balanced by 298.17 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.

Zynga Inc. (ZNGA) saw 32.35 million in free cash flow last quarter, representing a quarterly net change in cash of -221.72 million. Perhaps most importantly where cash movements are concerned, the company saw about 35.09 million in net operating cash flow.




ZYNGA INC. (NASDAQ:ZNGA) REVENUE GROWTH POTENTIAL

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 224.6 million in total revenues. That represents a quarterly year/year change in revenues of 0.23 in sequential terms, the ZNGA saw sales decline by 0.07.

BUT WHAT ABOUT THE BOTTOM LINE? AFTER ALL, THAT’S WHAT REALLY MATTERS IN THE END. ZYNGA INC. (ZNGA) IS INTRIGUING when broken down to its core data. The cost of selling goods last quarter was 65.91 million, YIELDING A GROSS BASIC INCOME OF 158.69 MILLION. For shareholders, given the total diluted outstanding shares of 893.68 million, this means overall earnings per share of 0.02. Note, this compares with a consensus analyst forecast of 0.01 in earnings per share for its next fiscal quarterly report.

IS ZYNGA INC. (NASDAQ:ZNGA) VALUATION ATTRACTIVE

LOOKING AHEAD AT VALUATIONS, ACCORDING TO THE CONSENSUS, the next fiscal year is forecast to bring about 0.06 IN TOTAL EARNINGS PER SHARE. If we CONSIDER A MEDIAN PRICE TO EARNINGS RATIO ON THE STOCK, THAT CORRESPONDS WITH A STOCK PRICE OF 30.81. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon on Zynga Inc..


Source

https://www.stocknewsgazette.com/2017/12/11/taking-a-look-at-the-operational-data-for-zynga-inc-znga/






ZYNGA INC. (ZNGA) SOON TO BE WORTH AROUND $4.28, FINANCIAL ANALYSTS PREDICT

DECEMBER 12, 2017


Zynga Inc. (NASDAQ:ZNGA) closed December 11 at $3.93, down -9.45% or $0.41 from its record high price of $4.34. Looking at the other side of the coin, ZNGA traded as low as $2.4 IN THE PAST 52 WEEKS, AND SINCE THEN THE SHARES HAVE RISEN 63.75% OR $1.53. The recent price momentum makes it one stock to watch in recent days. ITS 3.97% APPRECIATION FROM FRIDAY’S CLOSE HAS SET ALARM BELLS RINGING.

IS ZYNGA INC. (NASDAQ:ZNGA) PERFORMING WELL?

ZYNGA INC. (ZNGA) SHARES ARE UP 3.42% FOR THE WEEK AND THAT HAS GOT INVESTORS AND TRADERS SITTING UP AND TAKING NOTE. ZNGA IS ALREADY DRIVING A 34.13% RALLY OVER THE COURSE OF THE PAST YEAR AND IS NOW UP 52.92% SINCE THIS POINT IN 2017. Speaking of monthly performance, ZNGA tapped a 0.77% gain. Also, the equity price jumped 3.69% % in three months, taking the six-month increase to 11.97% as of recent close. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy Zynga Inc. (NASDAQ:ZNGA).

ZYNGA INC. (ZNGA) SOON TO BE A $3.61B COMPANY

ANALYST RESEARCH FIRMS ARE EXPRESSING BULLISH STANCE ON ZYNGA INC. (NASDAQ:ZNGA)’S NEAR-TERM GROWTH POTENTIAL.

They anticipate the ZNGA STOCK WILL HIT $4.28 ON A SHORT TERM (12 month) basis. Their average price target spell out an upbeat performance – a 9% and would give ZNGA a market capitalization of nearly $3.61B.

Zynga Inc. Current Recommendations

Valued currently at $3.93, the vast majority of WALL STREET ANALYSTS CONTINUE TO SAY IT’S A HOLD. Mean recommendation is rated on a 1 to 5 scale. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. The Mean Recommendation is the average rating on a stock by the analyst community.

Is ZNGA Technically Strong Enough?


Right now, ZNGA’s beta is 0.78. That makes it -0.22 more volatile than the broad market. Zynga Inc. (NASDAQ:ZNGA) is 12.59% above its 200-day moving average, providing a measure of resistance for long positions. On a similar note, the stock is 1.53% above its 50-day moving average, providing a measure of support for short positions. The average daily volatility for the week was at 3.1%, which was -0.17 lower than that in the past month.

Zynga Inc. (ZNGA) In Neutral Territory

From another technical standpoint, Zynga Inc. (NASDAQ:ZNGA)’s 14-day Relative Strength Index (RSI) has reached 51.47, putting it inside a neutral zone. If the RSI is traveling up and it is between 40 and 80, it is probably an indication of an uptrend. If it moves beyond 70 but cannot hold this ground and instead falls below 70, it could be an indication that the market is overbought and prone to become bearish, at least in the short term. Conversely, if the RSI is traveling down and it is between 60 and 20, it is probably an indication of a downtrend. If it moves below 30 and fails to remain below, it could be an indication that the market is oversold and poised to become bullish, at least in the short term.

How Active Are Zynga Inc. (NASDAQ:ZNGA) Shares?

Technical analysts also use volume to predict trends. The current trading volume of 8.45 sits 16.57% lower than the past 3 month’s readings, indicating near-term traders have been less active toward ZNGA than usual of late. The company trades on average around 985000 shares per market session. Major moves in volume can signal unusual activity, such as insider trading. Unusual volume can be a major signal that investment gurus and momentum traders are piling into a stock ahead of a catalyst. These types of traders like to get in well ahead of a large spike, so it’s always a smart move to monitor unusual volume. In terms of relative volume, these shares are trading at 1.17x their normal volume.



Source:

https://www.allstocknews.com/2017/12/12/zynga-inc-znga-soon-to-be-worth-around-4-28-financial-analysts-predict/