Can Zynga Inc. (ZNGA) Remain Competitive?

Zynga Inc. (NASDAQ:ZNGA) went down by -1.79% from its latest closing price compared to the recent 1-year high of $10.69. The company’s stock price has collected 4.02% of gains in the last five trading sessions. Press Release reported on 10/02/20 that Zynga Closes Acquisition of Istanbul-Based Rollic, a Leader in the Fast-Growing Hyper-Casual Games Business

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Is It Worth Investing in Zynga Inc. (NASDAQ :ZNGA) Right Now?

Plus, the 36-month beta value for ZNGA is at 0.25. Opinions of the stock are interesting as 14 analysts out of 20 who provided ratings for Zynga Inc. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 1 as “sell.”


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The average price from analysts is $11.61, which is $2.31 above the current price. ZNGA currently public float of 1.00B and currently shorts hold a 9.88% ratio of that float. Today, the average trading volume of ZNGA was 19.62M shares.

ZNGA’s Market Performance

ZNGA stocks went up by 4.02% for the week, with a monthly jump of 2.87% and a quarterly performance of -4.12%, while its annual performance rate touched 60.41%. The volatility ratio for the week stands at 2.78% while the volatility levels for the past 30 days are set at 3.38% for Zynga Inc.. The simple moving average for the period of the last 20 days is 7.02% for ZNGA stocks with a simple moving average of 17.12% for the last 200 days.

Analysts’ Opinion of ZNGA

Many brokerage firms have already submitted their reports for ZNGA stocks, with MKM Partners repeating the rating for ZNGA by listing it as a “Buy.” The predicted price for ZNGA in the upcoming period, according to MKM Partners is $12 based on the research report published on September 30th of the current year 2020.

Berenberg, on the other hand, stated in their research note that they expect to see ZNGA reach a price target of $10.50. The rating they have provided for ZNGA stocks is “Hold” according to the report published on August 11th, 2020.

Barclays gave a rating of “Overweight” to ZNGA, setting the target price at $12 in the report published on June 09th of the current year.

ZNGA Trading at 1.83% from the 50-Day Moving Average

After a stumble in the market that brought ZNGA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.82% of loss for the given period.

Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 2.78%, as shares surge +2.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.10% lower at present.

During the last 5 trading sessions, ZNGA rose by +4.02%, which changed the moving average for the period of 200-days by +48.64% in comparison to the 20-day moving average, which settled at $8.72. In addition, Zynga Inc. saw 52.29% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ZNGA starting from Bromberg Matthew S, who sale 12,000 shares at the price of $8.61 back on Sep 22. After this action, Bromberg Matthew S now owns 901,166 shares of Zynga Inc., valued at $103,320 using the latest closing price.

Kim Bernard Jin, the President of Publishing of Zynga Inc., sale 51,808 shares at $8.36 during a trade that took place back on Sep 16, which means that Kim Bernard Jin is holding 895,937 shares at $433,115 based on the most recent closing price.

Stock Fundamentals for ZNGA

Current profitability levels for the company are sitting at:

  • -5.58 for the present operating margin
  • +60.35 for the gross margin

The net margin for Zynga Inc. stands at +3.17. The total capital return value is set at -3.36, while invested capital returns managed to touch 1.96. Equity return is now at value -1.50, with -0.80 for asset returns.

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Based on Zynga Inc. (ZNGA), the company’s capital structure generated 36.27 points at debt to equity in total, while total debt to capital is 26.62. Total debt to assets is 19.57, with long-term debt to equity ratio resting at 35.47. Finally, the long-term debt to capital ratio is 26.03.

Currently, EBITDA for the company is 42.06M with total debt to EBITDA at 33.73. When we switch over and look at the enterprise to sales, we see a ratio of 4.00, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 11.41 and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.99.

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