Zynga stock: buy or sell?

ZNGA stock price: $6.17 0.33% At close on May 21st, 2019

Updated on:
May 21st, 2019

3

Zynga shares stayed stable 0.33% to $6.17 today.

Zynga Inc. develops, markets, and operates social games as live services in the United States and internationally. The company's games are played on mobile platforms, such as iOS and Android operating systems, as well as on social networking sites, including Facebook.

Should I buy Zynga stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Check the only buy setup that matches with Zynga stock now:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Zynga stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 7 ratings published for ZNGA stock in the last month.

The general sentiment of these ratings is bullish for ZNGA stock, with 5 positive ratings.
Is ZNGA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-2Piper Jaffray Companiesn/aOverweight
2019-5-2Jefferies Financial Groupn/aBuy
2019-5-2Barclaysn/aHold
2019-5-2Bank of American/aNeutral
2019-4-29KeyCorpOverweightOverweight
2019-2-7Piper Jaffray Companiesn/aOverweight
2019-1-30Goldman Sachs Groupn/aBuy

Zynga stock analysis

Daily outlook

Zynga stayed stable a slightly good 0.33% and closed at $6.17.

Zynga stayed steady a slightly good 0.33% and closed at $6.17. Since SMA100d and SMA200d crossed up on March, ZNGA price climbed $0.95 per share (18.20%). Since price and SMA200d lines crossed up on December, ZNGA climbed $2.28 (58.61%).

ZNGA stock chart (daily)

Weekly outlook

Shares of Zynga ended this week at $6.17 and remained stable an unpleasant -0.32%. Late April ZNGA skyrocketed an exceptional 8.62% in just one week.

Zynga stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since SMA20d and SMA40w crossed up late February, ZNGA price climbed $1.14 per share (22.66%). Since late December 2018 when ZNGA stock price broke up the SMA40w line, it gained $2.28 (58.61%).

ZNGA stock chart (weekly)

Zynga stock price history

Zynga stock went public on December 16th, 2011 with a price of $11.001. Since then, ZNGA stock sliced a -43.90%, with a yearly average of -6.30%.

1: Adjusted price after possible price splits or reverse-splits.

Zynga stock historical price chart

ZNGA stock reached 52-week highs on Thursday at $6.31, and all-time highs 2012-03-02 with a price of 15.91.

Zynga stock price target is $6.50

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 6 price targets for Zynga stock:
ZNGA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-2Piper Jaffray CompaniesReiterates$6.00$7.2520.8%
2019-5-2Jefferies Financial GroupRaises Target$5.75$7.0021.7%
2019-5-2BarclaysUpgradesn/a$6.00-
2019-5-2Bank of AmericaReiterates$5.50$6.5018.2%
2019-4-29KeyCorpRaises Target$5.00$6.0020%
2019-2-7Piper Jaffray CompaniesReiteratesn/a$6.00-
(in average)$5.60$6.5016.0%
Moving in a range from $7.25 and $6.00, the price prediction for ZNGA stock is $6.50. In average, analysts' outlook on ZNGA price forecast is positive, increasing the forecast by a 16.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on Apr/30, Zynga escalated a very good 9.01%. Unfortunately, reported EPS is not yet available in our database.
ZNGA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.01n/a
2017-Q32017-11-070.020.0350.0%
2017-Q42018-02-070.030.0433.3%
2018-Q12018-05-02n/a0.01n/a
2018-Q22018-08-01n/an/an/a
2018-Q32018-10-310.010.010.0%
2018-Q42019-02-060.02n/an/a
2019-Q12019-04-300.05n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Zynga annual sales escalated a decent 5.32% to $907.21 M USD from $861.39 marked in 2017. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) decreased a -1.39% to 1.70%.

To have an updated picture of the financial situation of Zynga, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Zynga TTM sales up to March 2019 were $964.38 and earnings were $-118.98 M dollars. If we compare this TTM figures with the last reported annuality, we can review Zynga business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, soared a remarkable 6.30%. Regarding profit margin, Zynga collapsed -14.04% to 1.70%

ZNGA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$873 M-$-36.98 M-4.2%-
2014$690 M-20.94%$-225.90 M-32.7%510.87%
2015$765 M10.76%$-121.51 M-15.9%-46.21%
2016$741 M-3.05%$-108.17 M-14.6%-10.98%
2017$861 M16.18%$27 M3.1%-124.63%
2018$907 M5.32%$15 M1.7%-41.98%
TTM $964 M6.30%$-118.98 M-12.3%-869.75%

Quarterly financial results

Zynga reported $265.40 M in revenues for 2019-Q1, a 6.72% improvement compared to previous quarter. Reported quarter income marked $-128.83 M with a profit margin of -48.54%. Profit margin plunged a -48.77% compared to previous quarter when profit margin was 0.22%. When comparing turnover to same quarter last year, Zynga sales marked an exceptional growth and skyrocketed a 27.46%. Looking back to recent quarterly results, Zynga posted 4 negative quarters in a row.
ZNGA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$209 M-$5.09 M2.4%-
2017-Q3$225 M7.34%$18.09 M8.1%255.42%
2017-Q4$233 M3.87%$12.93 M5.5%-28.53%
2018-Q1$208 M-10.74%$5.61 M2.7%-56.62%
2018-Q2$217 M4.23%$-0.91 M-0.4%-116.24%
2018-Q3$233 M7.46%$10.20 M4.4%-1,219.65%
2018-Q4$249 M6.62%$0.56 M0.2%-94.52%
2019-Q1$265 M6.72%$-128.83 M-48.5%-23,146.15%

Zynga ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

Zynga shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 7.97% of all shares.

In case of Zynga stock, 79.16% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ZNGA stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

ZNGAAAPLATVICYOUEA
Market cap$5.8 B$842.2 B$33.3 B$981.8 M$28.7 B
Total shares935.3 M4,600.0 M766.0 M51.9 M299.6 M
Float shares862.4 M4,340.0 M757.5 M16.4 M297.5 M
  - Institutional holdings (%)79.2%61.0%91.5%82.6%96.7%
  - Insider holdings (%)8.0%0.1%1.1%4.1%0.5%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Zynga summary

Tuesday, May 21st, 2019
Open$6.19
Close$6.17
Day range$6.12 - $6.23
Previous close$6.15
Session gain0.33%
Average true range$0.24
50d mov avg$5.59
100d mov avg$5.10
200d mov avg$4.47
Daily pattern
Weekly pattern lt06a

Zynga performance

To measure stock performance is always good to benchmark with competitors or related stocks. We picked Apple, Activision Blizzard, Changyou.com, Electronic Arts, Facebook, Glu Mobile, Alphabet, GRAVITY and PolarityTE as the bechmarking frame for Zynga stock.
Stock3m6m12m
ZNGAZynga22.66%77.30%47.96%
AAPLApple6.26%7.13%-1.43%
ATVIActivision Blizza...5.54%-12.49%-38.71%
CYOUChangyou.com-12.41%4.24%4.53%
EAElectronic Arts-0.28%15.70%-27.46%
FBFacebook14.16%40.30%-0.05%
GLUUGlu Mobile-1.12%30.72%58.89%
GOOGLAlphabet3.39%12.07%6.49%
GRVYGRAVITY72.93%133.59%139.41%
PTEPolarityTE-44.41%-53.62%-72.70%

Zynga competitors

We selected a few stocks to conform a list of Zynga competitors to check if you are interested in investing in ZNGA: