Currently Zynga Inc Cl A Cmn (NASDAQ:ZNGA)'s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 81.1%. For the next fiscal year, analysts anticipate that the business will report earnings of $0.13 per share, with EPS estimates ranging from $0.11 to $0.17.
Zynga (NASDAQ:ZNGA) last announced its quarterly earnings results on Tuesday, November 7th. Previously Zynga Inc Cl A Cmn (NASDAQ:ZNGA) reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01 with surprise factor of 50%. For the current quarter Zynga Inc Cl A Cmn (NASDAQ:ZNGA) has high EPS estimates of $0.03 in contradiction of low EPS estimates of $0.02. Zynga had a negative return on equity of 1.37% and a negative net margin of 2.65%. The firm's revenue was up 23.1% on a year-over-year basis. Overall, the share price is down -0.75% so far this year.
Several equities analysts recently weighed in on the company. As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. Consumer Edge assumed coverage on Zynga in a research report on Wednesday, January 3rd. They set an "overweight" rating and a $4.50 price target on the stock. BidaskClub cut Zynga from a "buy" rating to a "hold" rating in a report on Wednesday, December 6th. Finally, KeyCorp reissued a "hold" rating on shares of Zynga in a report on Tuesday, October 17th.
Zynga Inc. (NASDAQ:ZNGA) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of "Buy" and a consensus price target of $4.14.
Shares of Bioscrip Inc (BIOS) is moving on volatility today 3.61% or 0.11 from the open.
Energy Transfer Partners, L.P. (NYSE:ETP) shares price surged 2.75% during latest trading session. Zynga has a one year low of $2.40 and a one year high of $4.34. The stock has a market cap of $3,460.00, a price-to-earnings ratio of -132.33, a PEG ratio of 2.86 and a beta of 0.76.
Zynga Inc (NASDAQ:ZNGA) Director Ellen F. Siminoff sold 12,000 shares of Zynga stock in a transaction that occurred on Friday, December 28th. 9,402,800 shares of the company's stock were exchanged, compared to its average volume of 10,440,088. Following the sale, the chief operating officer now directly owns 294,206 shares in the company, valued at approximately $1,162,113.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The shares were sold at an average price of $3.97, for a total value of $47,640.00. The disclosure for this sale can be found here. (ZNGA)'s shares. The total value of these holdings, in millions, is $2,388.
Headlines about Zynga (NASDAQ:ZNGA) have trended positive recently, according to Accern Sentiment. Renaissance Technologies LLC boosted its position in Zynga by 33.4% in the 2nd quarter. A year ago the company's sales were $201500 while its sales growth yearly estimates for the current quarter are 5.9%. First Trust Advisors LP boosted its stake in Zynga by 14.8% during the third quarter. Leading up to this report, we have seen a 1.02% rise in the stock price over the last 30 days and a 7.3% increase over the past 3 months. The Manufacturers Life Insurance Company lifted its position in shares of Zynga by 23.2% in the second quarter. Prudential Financial Inc. now owns 44,500 shares of the company's stock worth $162,000 after purchasing an additional 3,700 shares in the last quarter. Finally, River & Mercantile Asset Management LLP boosted its position in Zynga by 126.3% in the 3rd quarter. In the last three months, insiders sold 236,000 shares of company stock valued at $930,600.