ZNGA: $27.03, (EXPIRING SHORT SELLERS TODAY)
ZNGA: $27.03, INSTITUTIONAL SHARES INCREASE, (EXPIRING SHORT SELLERS TODAY) NOVEMBER 10, 2017
THE RATIO IS MORE POSITIVE, AS 114 INSTITUTIONAL INVESTORS OPENED NEW AND
INCREASED POSITIONS
INCREASED: 62
NEW POSITION: 52
IF WE CONSIDER A MEDIAN PRICE TO EARNINGS RATIO ON THE STOCK, THAT CORRESPONDS WITH A STOCK PRICE OF 27.03.
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..
STOCKNEWSGAZETTE.COM /2017/11/09
Does Zynga (ZNGA) Present Much Upside ?
Gene Daniel
It’s worth it to have a look at Zynga Inc. (NASDAQ:ZNGA) as there may be a chasm between the bulls and the bears as far as recent trading activity goes. Now trading with a market value of 3.28B, 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 750.16 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 1.86 billion in total assets, balanced by 280.49 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 35.97 million in free cash flow last quarter, representing a quarterly net change in cash of 18.54 million. Perhaps most importantly where cash movements are concerned, the company saw about 37.83 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 209.23 million in total revenues. That represents a quarterly year/year change in revenues of 0.15 in sequential terms, the ZNGA saw sales decline by 0.08.
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 64.17 million, yielding a gross basic income of 145.06 million. For shareholders, given the total diluted outstanding shares of 887.99 million, this means overall earnings per share of 0.01. 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 0.04 IN TOTAL EARNINGS PER SHARE.
IF WE CONSIDER A MEDIAN PRICE TO EARNINGS RATIO ON THE STOCK, THAT CORRESPONDS WITH A STOCK PRICE OF 27.03.
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://stocknewsgazette.com/2017/11/09/does-zynga-inc-znga-present-much-upside/
ZYNGA INC (NASDAQ:ZNGA) SHIFTING INSTITUTIONAL INVESTORS SENTIMENT
NOVEMBER 7, 2017 - BY MICHAEL COLLIER
SENTIMENT FOR ZYNGA INC (NASDAQ:ZNGA)
ZYNGA INC (NASDAQ:ZNGA) INSTITUTIONAL SENTIMENT INCREASED TO 1.65 IN Q2 2017. ITS UP 0.26, from 1.39 in 2017Q1.
The RATIO IS MORE POSITIVE, AS 114 INSTITUTIONAL INVESTORS OPENED NEW AND INCREASED POSITIONS,
while 69 reduced and sold positions in Zynga Inc.
THE INSTITUTIONAL INVESTORS IN OUR PARTNER’S DATABASE NOW POSSESS: 556.87 MILLION SHARES, UP FROM 552.46 MILLION SHARES in 2017Q1.
Also, the number of INSTITUTIONAL INVESTORS HOLDING ZYNGA INC IN THEIR TOP 10 POSITIONS INCREASED FROM 3 TO 5 FOR AN INCREASE OF 2.
INCREASED: 62
NEW POSITION: 52
Sold All: 20
Reduced: 49
Zynga Inc. is a provider of social game services…
.
Source:
https://bzweekly.com/zynga-inc-nasdaqznga-shifting-institutional-investors-sentiment/
SHORT SELLERS EXPIRING TODAY NOVEMBER 10, 2017
( SEE BELOW )
CALLS FOR NOVEMBER 10, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171110C00003000 2017-11-09 7:32PM EST 3.00 0.93 0.75 0.95 0.00 - 249 150 440.63%
ZNGA171110C00003500 2017-11-09 2:35PM EST 3.50 0.40 0.18 0.44 0.00 - 10 10,990 218.75%
ZNGA171110C00004000 2017-11-09 3:53PM EST 4.00 0.02 0.02 0.03 0.00 - 276 7,606 75.00%
ZNGA171110C00004500 2017-11-09 7:32PM EST 4.50 0.01 0.00 0.03 0.00 - 5 1 193.75%
PUTS FOR NOVEMBER 10, 2017
Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility
ZNGA171110P00003000 2017-10-06 10:45PM EST 3.00 0.02 0.00 0.31 -0.02 - 8 8 668.75%
ZNGA171110P00003500 2017-11-08 3:46PM EST 3.50 0.01 0.00 0.01 0.00 - 13 25,384 125.00%
ZNGA171110P00004000 2017-11-09 12:32PM EST 4.00 0.15 0.08 0.14 +0.08 +114.29% 10 614 50.00%
ZNGA171110P00005000 2017-11-09 7:32PM EST 5.00 1.08 1.04 1.52 0.00 - 50 50 618.75%
Source:
https://ca.finance.yahoo.com/quote/ZNGA/options?ltr=1
