Zynga stock: buy or sell?
May 21st, 2019
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:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-2||Piper Jaffray Companies||n/a||Overweight|
|2019-5-2||Jefferies Financial Group||n/a||Buy|
|2019-5-2||Bank of America||n/a||Neutral|
|2019-2-7||Piper Jaffray Companies||n/a||Overweight|
|2019-1-30||Goldman Sachs Group||n/a||Buy|
Zynga stock analysis
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%).
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%).
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 $6.50Nobody 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-2||Piper Jaffray Companies||Reiterates||$6.00||$7.25||20.8%|
|2019-5-2||Jefferies Financial Group||Raises Target||$5.75||$7.00||21.7%|
|2019-5-2||Bank of America||Reiterates||$5.50||$6.50||18.2%|
|2019-2-7||Piper Jaffray Companies||Reiterates||n/a||$6.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|2013||$873 M||-||$-36.98 M-4.2%||-|
|2014||$690 M||-20.94%||$-225.90 M-32.7%||510.87%|
|2015||$765 M||10.76%||$-121.51 M-15.9%||-46.21%|
|2016||$741 M||-3.05%||$-108.17 M-14.6%||-10.98%|
|2017||$861 M||16.18%||$27 M3.1%||-124.63%|
|2018||$907 M||5.32%||$15 M1.7%||-41.98%|
|TTM||$964 M||6.30%||$-118.98 M-12.3%||-869.75%|
Quarterly financial resultsZynga 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.
|2017-Q2||$209 M||-||$5.09 M2.4%||-|
|2017-Q3||$225 M||7.34%||$18.09 M8.1%||255.42%|
|2017-Q4||$233 M||3.87%||$12.93 M5.5%||-28.53%|
|2018-Q1||$208 M||-10.74%||$5.61 M2.7%||-56.62%|
|2018-Q2||$217 M||4.23%||$-0.91 M-0.4%||-116.24%|
|2018-Q3||$233 M||7.46%||$10.20 M4.4%||-1,219.65%|
|2018-Q4||$249 M||6.62%||$0.56 M0.2%||-94.52%|
|2019-Q1||$265 M||6.72%||$-128.83 M-48.5%||-23,146.15%|
Zynga ownershipWhen 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:
|Market cap||$5.8 B||$842.2 B||$33.3 B||$981.8 M||$28.7 B|
|Total shares||935.3 M||4,600.0 M||766.0 M||51.9 M||299.6 M|
|Float shares||862.4 M||4,340.0 M||757.5 M||16.4 M||297.5 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$6.12 - $6.23|
|Average true range||$0.24|
|50d mov avg||$5.59|
|100d mov avg||$5.10|
|200d mov avg||$4.47|
Zynga performanceTo 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.