Zynga stock was plunging after the company signaled that people were spending less time playing mobile games as the economies in the U.S. and elsewhere begin to reopen.
Is Zynga’s stock undervalued?
Sep 03, 2021 · While those numbers look good, the drop in stock price may have been because Zynga missed the consensus estimate of $716 million for bookings -- which is the primary performance metric the company...
Will ZNGA stock fall in the near term?
Dec 08, 2021 · The stock price of Zynga (NASDAQ: ZNGA) has seen a decline of 6.5% over the last week, while it is down 22% year-to-date. ZNGA stock has seen a …
What to expect from Zynga’s Q2 earnings?
Apr 08, 2022 · Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. ZNGA Articles. This Week.
What does Trefis machine learning tell us about ZNGA stock returns?
Aug 06, 2021 · What happened. Shares of Zynga(NASDAQ: ZNGA)plummeted on Friday after the video gamedeveloper warned investors that its growth was slowing. As of 3:40 p.m. EDT, Zynga's stock price was down 18% ...
Will Zynga stock go up?
Stock Price Forecast The 15 analysts offering 12-month price forecasts for Zynga Inc have a median target of 10.00, with a high estimate of 11.00 and a low estimate of 8.20. The median estimate represents a +11.36% increase from the last price of 8.98.
Why is Zynga stock going up today?
Zynga ( ZNGA 0.22% ) stock is soaring today following news that the company is set to be acquired by Take-Two Interactive ( TTWO -1.49% ) in a $12.7 billion cash-and-stock deal. The mobile-focused video game publisher's share price was up roughly 45% as of noon ET.Jan 10, 2022
Is Zynga stock undervalued?
What is Zynga worth? According to our discounted cash flow (DCF) model, the company is undervalued at the moment. Compared to the current share price of US$8, the company appears relatively undervalued at a 43% discount .Sep 17, 2021
What happened to Zynga?
According to TechCrunch, Zynga is shutting down, stopping accepting new players, or pulling from the app stores 11 of its games. According to the company, keeping some of these games up was too much strain on the company and was costing it money that it couldn't afford.
Is Zynga stock good to buy?
Analysts generally believe Zynga is underweight and its stock price target is estimated at a $12.00 value. Its price-to-sales ratio is over 33% lower than it was a year ago, but it's operating cash flow of $161 million last quarter is an 11 percent year-over-year increase.
What happens to Zynga stock after merger?
Under the terms of the deal, Zynga stockholders will receive $3.50 in cash and $6.36 in stock when the transaction closes, for a total of $9.86 per Zynga share.Jan 10, 2022
Is Zynga a sell or buy?
Is Zynga a buy right now? 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zynga in the last year. There are currently 10 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Zynga stock.
Who might buy Zynga?
Take-Two InteractiveTake-Two Interactive says it is buying mobile gaming company Zynga for $12.7 billion with a mix of cash and stock, marking the latest blockbuster acquisition in a string of major deals in the video game industry.Jan 10, 2022
Does Zynga pay a dividend?
ZYNGA (NASDAQ: ZNGA) does not pay a dividend.
Is Zynga still in business?
Zynga began trading on NASDAQ on December 16, 2011, under the ticker ZNGA. Take-Two Interactive announced in January 2022 its intent to buy Zynga for $12.7 billion....Zynga.Type of sitePublicOperating incomeUS$ -370.2 million (2020)Net incomeUS$ -429.4 million (2020)Total assetsUS$ 6.21 billion (2020)16 more rows
How does Zynga make money?
Zynga generates its revenues primarily from two sources ~ Online Games, and Advertising. Online Games refers to sales of all of Zynga's games, and accounts for over 70% of total revenues. Key franchises ~ Poker, FarmVille, CSR.Sep 13, 2019
How much did Zynga sell for?
$12.7 billionBut one thing he never did was dump the majority of his stock. Following Take-Two Interactive's announced acquisition of Zynga on Monday for $12.7 billion, Pincus is inline to be the biggest individual beneficiary, thanks to his continued ownership of about 5% of his company's outstanding shares.Jan 11, 2022
Zynga Media Sentiment
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
Media Coverage
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Zynga (NASDAQ ZNGA) News Headlines Today
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
