Zynga Inc (ZNGA)

[Trevor11]

ZNGA: SHARES SEEN HITTING $4.50,...MOTIVATES INVESTORS







ZYNGA ISSUED STRONG OUTLOOK FOR 2Q17


ZNGA: ..KEEP DELIVERING AFTER A JACKPOT...


ZYNGA SHARES SEEN HITTING $4.50


MORGAN STANLEY IS BULLISH ON ZYNGA


AS OF JUNE 9, THE STOCK HAD RISEN 44.4% SINCE THE BEGINNING OF
2017.


ANALYSTS ALSO EXPRESSED CONFIDENCE IN ZYNGA’S MANAGEMENT TEAM, NOTING THAT MOST OF THE KEY PLAYERS IN THE TEAM CAME FROM ELECTRONIC ARTS (EA).

WHEN DATA POINTS OF DIFFERENT VARIETIES COME TOGETHER, THE RESULTS CAN BE TRULY SPECTACULAR






[color=green]Home Stocks Zynga Inc. (ZNGA) moves +30.82% above 50 DMA
• Stocks
ZYNGA INC. (ZNGA) MOVES +30.82% ABOVE 50 DMA
BY
MACK TYLER
-
JUNE 16, 2017
ZYNGA INC. (ZNGA) IS LOOKING VERY INTERESTING AS A TRADING OPPORTUNITY RIGHT NOW.

The technical setup offers the best window into what traders can expect whether they are bullish on the play or bearish. We’re therefore exploring these deeper technical numbers with a view to helping traders make better decisions on the current trading prospects of ZNGA. Before we get into the numbers let’s take a look at the importance of these numbers that help to make up the technical chart. The technical charts are, when used properly at least, great vehicles for profit. When used in the way they should, traders are able to roar along as they pick and choose the stocks they want to trade.
ZNGA’s position, when dissected using the very handy technical charting tool we’ve championed above, now looks very interesting. This position is opened up first by the stock’s current day’s high $3.73 and the accompanying day’s low $3.49. As things stand, the current day’s high means the stock is positioned negatively when matched against the prevailing 52-week high of $3.82 set by ZNGA on 06/27/16. Given the range, and in particular the position of the stock’s low, we can make the assessment that the day’s low represents a 60.79% since 06/09/17. As a trader you can take this to mean something positive as it relates to ZNGA latent upside potential and the opportunities, or not, that it provides for active traders.

IT’S NOT JUST TRADERS WHO ARE TAKING A KEEN LOOK AT THE STOCK, EITHER. IN THE WEEKS AND DAYS OF DATA AMASSED FOR THE STOCK, A MORE OPEN DISPLAY OF ANALYSTS. FROM THEIR PERSPECTIVE, THE STOCK HAS PRESENTED A COMPELLING PICTURE VIA DATA. THIS DATA HAS CREATED A $3.67 FOR ZNGA. AS IT STANDS, THIS TARGET PRICE IS ABOVE THE BIGGEST GAINS SET BY THE STOCK IN RECENT TIMES. OTHER IMPORTANT DATA IS STARTING TO INFORM THE WAY ANALYSTS AND TRADERS SEE THE STOCK. ZNGA BETA IS CURRENTLY 0.83. TRADERS THAT USE THE BETA METRIC IN THEIR TRADING ASSESSMENTS OF STOCKS KNOW THAT THE CURRENT BETA FOR ZNGA IS LESS THAN 1, AND AS SUCH, GIVES CLEAR DIRECTIONAL BEARING FOR UPSIDE.

The current beta, as assessed below or above 1, suggests that ZNGA is theoretically less volatile than the composite sector to which it belongs. AT THIS STAGE YOU SHOULD START TO SEE WHAT IS DEVELOPING FOR THE STOCK. Let’s move more inland; these metrics only scratch the edges
WHEN DATA POINTS OF DIFFERENT VARIETIES COME TOGETHER, THE RESULTS CAN BE TRULY SPECTACULAR. We are therefore going to use the next section to flesh out a stronger, more compelling picture for ZNGA. Two of the most important technical indicators used by savvy traders are the Relative strength indicator (RSI) and Stochastic – both offer a deeper glimpse into the soul of the stock as it were. The present reading for ZNGA 14-day RSI is 61.77%. What does this mean in real terms? A RSI reading at that level suggests that ZNGA is neutral, suggesting that the stock is relatively stable and may possibly stay in situ, moving neither up or down in any meaningful or dramatic way. The stochastic reading is a sort of tag team partner for RSI. Usually they speak the same language in terms of telegraphing upside. For ZNGA, the stochastic reading of 45.39% suggests that the stock is neither overbought nor oversold at prevailing levels. ZNGA and its upside, of course, can be judged by tacking on even more salient technical data points. We are thinking here about the always-used statistical moving averages – NAMELY THE 50 AND 200 SMAS. ZNGA, ON THE STRENGTH OF ITS MOVING AVERAGES, APPEARS TO PRESENT A SENTIMENT WORTHY OF BEING CALLED BULLISH. And as go the sentiment around the SMAs, so goes the upside potential of the stock. In this case the sentiments appear to be positive.
So far we’ve put together, what we feel, is a pretty compelling image of the trading g prospects for the stock. But what if we could do more? Stick around because in the next section we’ll do just that. ZNGA’s +0.28 has now created a much more confident set of data upon which traders can rely.

THIS RELIANCE IS SO PRONOUNCED THAT WE CAN MAKE A JUDGMENT THAT OVERALL SENTIMENT IS NOW POSITIVE. THIS IS HARDLY SURPRISING FOR ZNGA BECAUSE FURTHER ANALYSIS REVEALS THAT THE STOCK HAS ACTUALLY OUTPERFORMED THE S&P 500 BY 20.56.

As a result of this performance the stock is now offering lower volatility levels when juxtaposed with similar stocks in its native sector. Based on the overall readings, historical volatility has placed ZNGA in the front row for many traders. Again, this is hardly a shocker given that historical volatility for ZNGA is 30.75%. ZNGA is no slouch on the measure of the Average True Range, either. ATR, as you know, simply cannot be ignored in assessing a stock and ZNGA offers a very clear reading with an ATR reading of 3.66.

ZNGA IS AS REVEALING IT CAN BE AND THOSE FINE TECHNICAL INDICATORS USED TO ILLUSTRATE ITS UPSIDE SHOULD NEVER BE TAKEN FOR GRANTED. USE THEM WELL.

https://nystocknews.com/2017/06/16/zynga-inc-znga-moves-30-82-above-50-dma/







ZYNGA, INC. (ZNGA) JUMPED 3.4% IN THE LAST TRADING SESSION
BY
JACK
-
JUNE 16, 2017
0
78

Simple Moving Averages
Before looking at the financial values or the trading statistics of Zynga, Inc. (ZNGA), we will start our analysis with the SMA or Simple Moving Average values.
The SMA or Simple Moving Averages are commonly available for 20 Day, 50 Day and 200 Day Simple Moving Averages. For our stock under consideration here, Zynga, Inc. (ZNGA) has distance from 20 Day SMA is 3.15% while its distance from 50 day SMA is 14.26%. ZNGA’s distance from 200 Day SMA is 27.04%.
While looking at the SMA values of Zynga, Inc. (ZNGA), the 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The 200 SMA is considered so critically important a trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a death cross, signaling a serious bear market in a stock, index or other investment.

LAST TRADING DAY PERFORMANCE
ON THE LAST TRADING DAY, ZYNGA, INC. (ZNGA) GAINED 3.4% CLOSING AT THE PRICE OF $3.65 WHILE THE PREVIOUS CLOSE OF ZNGA WAS $3.53.
Zynga, Inc. (ZNGA) traded with the volume of 25.76 Million shares while its average 3 months volume is at 11730 shares.
Zynga, Inc. (ZNGA) has a market capitalization of 3.15 Billion while its Major Index membership is at 0.
Key Indicators
Shares of Zynga, Inc. (ZNGA) touched the day high at $3.73 while its day Low was at $3.49. In contrast, ZNGA’s 52 week high hovers at $3.82 with its current distance from 52 week high value is -4.45%. Zynga, Inc. (ZNGA) 52 week low value is at $2.27 and its current distance from 52 week low value is 60.79%.
Volatility of the shares is also to be considered while making the investment decisions. As volatility place a very vital role in identifying the risk involved in the particular case. In our current pick, Zynga, Inc. (ZNGA) has weekly volatility of 5.33%% while its monthly volatility value is at 3.77%%.
Another indicator of risk for a particular security is “Beta”. A beta approximates the overall volatility of a security’s returns against the returns of a relevant benchmark (usually the S&P 500 is used). Currently Zynga, Inc. (ZNGA) has beta value of 0.83. This Beta value of Zynga, Inc. (ZNGA) shows that it has historically moved 83% for every 100% move in the benchmark.
Financial Ratios
For making investment decisions, Financial Ratios play a vital role. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Zynga, Inc. (ZNGA), we will discuss a few.
Annual Dividend Yield of Zynga, Inc. (ZNGA) stands at 0%.
Price to Earning P/E ratio and Forward P/E stand at 0 and 34.11 respectively.
Zynga, Inc.’s Quick Ratio shows the value of 3.5.
Debt to Equity ratio stands at 0 while Long Term Debt To Equity Ratio flashes the value of 0.


https://hugopress.com/zynga-inc-znga-jumped-3-4-in-the-last-trading-session/641847







CAN ZYNGA KEEP DELIVERING AFTER A JACKPOT MAY
WHY MORGAN STANLEY IS BULLISH ON ZYNGA

BY NAOMI GRAY | JUN 16, 2017 11:14 AM EDT

ZYNGA SHARES SEEN HITTING $4.50

Experts at Morgan Stanley (MS) see Zynga (ZNGA) shares rising further. In a June 8 note to investors, MS analyst Brian Nowak upgraded his rating on Zynga to “overweight” from “equal weight” and boosted his price target on the stock to $4.50 from $3.00.
MORGAN STANLEY’S NEW TARGET PRICE FOR ZYNGA STOCK IMPLIES AN UPSIDE potential of about 20.0%.


Receive e-mail alerts for new research on ZNGA
Although Zynga had a slow start to the year, the stock has steadily built momentum. Shares of Zynga fell ~2.0% in January and rose 5.2% in February. THE STOCK’S GAINS ACCELERATED IN MARCH, RISING 7.6% THAT MONTH, BUT THEN SLOWED DOWN IN APRIL, RISING ONLY 1.4%. IN MAY, THE STOCK GAINED 21.8%. AS OF JUNE 9, THE STOCK HAD RISEN 44.4% SINCE THE BEGINNING OF 2017.
Optimism anchored on live services
Morgan Stanley sees room for Zynga to keep rising, and the basis of this optimism lies in Zynga’s live services business. According to Nowak, live services are driving improvement in engagement and monetization.
ZYNGA POSTED REVENUE OF $194.3 MILLION IN 1Q17, WHICH WAS UP FROM $186.7 MILLION IN 1Q16, TOPPING THE CONSENSUS ESTIMATE OF $191.5 MILLION.
Given the wave of competition that Zynga faces from Electronic Arts (EA), Glu Mobile (GLUU), and Activision Blizzard (ATVI), it appears that ZNGZ will need a strong business model to succeed in the crowded video games publishing industry.

http://marketrealist.com/2017/06/why-morgan-stanley-is-bullish-on-zynga/




Part 2
Can Zynga Keep Delivering after a Jackpot May? PART 2 OF 6

THESE DEVELOPMENTS SENT ZYNGA SOARING IN MAY
BY NAOMI GRAY | JUN 16, 2017 11:14 AM EDT
ZYNGA MOTIVATES INVESTORS
AS OF JUNE 9, ZYNGA’S (ZNGA) SHARES HAD RISEN 44.4% SINCE THE START OF 2017, WITH THE STOCK’S BEST MONTH SO FAR BEING MAY. The stock climbed 21.8% in May, adding to its smaller gains in April, March, and February.
Zynga’s strong stock performance in May can be linked to several positive developments that month. On May 4, Zynga released its 1Q17 earnings report, which investors largely interpreted as positive, reporting $194.3 million in revenue. This revenue represented a rise over its $186.7 million in 1Q16 and exceeded the consensus estimate of $191.5 million.


Receive e-mail alerts for new research on ZNGA

ZYNGA ISSUED STRONG OUTLOOK FOR 2Q17
Zynga also motivated investors with its strong guidance for 2Q17, estimating $200.0 million in revenue—which, if attained, would imply a decent growth from its revenue of $181.7 million one year previously and would top the consensus estimate of $199.8 million.
Vote of confidence in Zynga’s cost focus
A few analysts who have weighed in on Zynga following the 1Q17 report have also sounded largely bullish on the stock’s prospects. At Piper Jaffray (PJC), for instance, analysts have cited Zynga’s focus on real-time services and cost-curtailment measures as positive actions.
ANALYSTS ALSO EXPRESSED CONFIDENCE IN ZYNGA’S MANAGEMENT TEAM, NOTING THAT MOST OF THE KEY PLAYERS IN THE TEAM CAME FROM ELECTRONIC ARTS (EA). THE HOPE APPEARS TO BE THAT ZYNGA WILL BE A SUCCESSFUL TURNAROUND STORY LIKE ELECTRONIC ARTS.

marketrealist.com/2017/06/why-morgan-stanley-is-bullish-on-zynga/