The shares of Zynga Inc (NASDAQ:ZNGA) currently has mean rating of 2.8 while 2 analyst have recommended the shares as ‘BUY’ ,2 recommended as ‘OUTPERFORM’ and 11 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell
The mean price target for the shares of Zynga Inc (NASDAQ:ZNGA) is at $2.86 while the highest price target suggested by the analysts is $4.25 and low price target is $2.45. The mean price target is calculated keeping in view the consensus of 13 brokerage firms.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 170.30M by 15 analysts. The means estimate of sales for the year ending Dec 16 is 745.86M by 17 analysts.
The average estimate of EPS for the current fiscal quarter for Zynga Inc (NASDAQ:ZNGA) stands at $0.00 while the EPS for the current year is fixed at $0.02 by 18.00 analysts
The next one year’s EPS estimate is set at 0.07 by 18.00 analysts while a year ago the analysts suggested the company’s EPS at $0.02. The analysts also projected the company’s long-term growth at 30.00% for the upcoming five years
In its latest quarter ended on 31 Mar 2016 , Zynga Inc (NASDAQ:ZNGA) reported earnings of $0.00. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 100.00%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
Zynga Inc (NASDAQ:ZNGA) traded up +1.97% during trading on Friday, hitting $2.62 . The stock had a trading volume of 12.5 M shares. The firm has a 50 day moving average of $2.57 and a 200-day moving average of $2.40. The stock has a market cap of $2.26B. On Jun 26, 2015 the shares registered one year high at $3.00 and the one year low was seen on Feb 11, 2016.
On June 23, 2016 Zynga Inc (NASDAQ:ZNGA) announced the launch of Ice Age: Arctic Blast, a playful Match-3 adventure set in the beloved animated world of the Ice Age film franchise. Debuting in advance of next month’s worldwide premiere of the summer movie event, Ice Age: Collision Course, Ice Age: Arctic Blast is now available to download for free on the App Store for iPhone and iPad and Google Play.
“Starring timeless characters like Sid, Manny, Diego, Scrat and more, Ice Age: Arctic Blast is a new twist on the Match-3 genre, challenging players to progress through the iconic Ice Age universe,” said Jim Stern, Executive Producer, Zynga. “For the first time ever, we are integrating all of the Ice Age movies into a single game, giving movie fans the ability to interact with the entire herd of Ice Age characters through deeply immersive gameplay and stunning visuals. We can’t wait for our players to travel back in time and discover it for themselves.”
Starting, players can access 100 levels of matching fun featuring 16 beloved characters from across the Ice Age movie franchise. As they match, swipe, expand and swap tiles to bust through the jewel-blasting levels, movie fans will harness the heroic powers of their favorite furry friends, including Scrat’s Super-Smash and Crash & Eddie’s Snowball Assault, to propel them to victory. In addition to featuring exciting Match-3 gameplay, Ice Age: Arctic Blast will premiere never-before-seen movie scenes from the upcoming film, Ice Age: Collision Course in-game, giving players a sneak-peek at the latest Ice Age movie ahead of its theatrical debut.