Zynga Inc Cl A Cmn (NASDAQ:ZNGA) shares traded 1.1% up during most recent session to reach at the closing price of $3.69. The stock exchanged hands 17.86 Million shares versus average trading capacity of 12.05 Million shares, yielding a market cap of $3.14 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $3.76 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Zynga Inc Cl A Cmn (NASDAQ:ZNGA) high price target of $5 and with a conservative view have low price target of $3.
Morgan Stanley “Upgrades” Zynga Inc Cl A Cmn (NASDAQ:ZNGA) in a research note issued to investors on 6/09/17 to Overweight with price target of $0.
Additionally on 5/30/17 PiperJaffray “Upgrades” Zynga Inc Cl A Cmn (NASDAQ:ZNGA) to Overweight setting price target at $0 and on 5/05/17 Bank of America “Upgrades” the stock to Neutral at $0. Furthermore on 4/26/17 Pacific Crest “Reinstates” the stock to Sector Weight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 63.92 along with Average True Range (ATR 14) of 0.14, Consequently Zynga Inc Cl A Cmn (NASDAQ:ZNGA)’s weekly and monthly volatility is 4.68%, 3.74% respectively. The company’s beta value is at 0.83.
In terms of Buy, Sell or Hold recommendations, Zynga Inc Cl A Cmn (NASDAQ:ZNGA) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Zynga Inc Cl A Cmn (NASDAQ:ZNGA)’s minimum EPS for the current quarter is at $0.01 and can go high up to $0.03. The consensus mean EPS for the current quarter is at $0.02 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings.
Previously Zynga Inc Cl A Cmn (NASDAQ:ZNGA) reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The company posted an earnings surprise of 100%.
Zynga Inc Cl A Cmn (NASDAQ:ZNGA)’s revenue estimates for the current quarter are $206.8 Million according to 13 number of analysts, for the current quarter the company has high revenue estimates of $211.91 Million in contradiction of low revenue estimates of $204.18 Million. For the current year the company’s revenue estimates are $843.01 Million compared to low analyst estimates of $832.01 Million and high estimates of $858 Million according to 13 number of analysts.
Currently Zynga Inc Cl A Cmn (NASDAQ:ZNGA)’s shares owned by insiders are 0.6%, whereas shares owned by institutional owners are 78.4%. However the six-month change in the insider ownership was recorded -31.12%, as well as three-month change in the institutional ownership was recorded -4%.
Zynga Inc Cl A Cmn (NASDAQ:ZNGA) 52-week high price stands at $3.82 and low price stands at $2.27, its price distance from 52-week high is -3.4% while its distance from 52-week low price is 62.56%. The stock hit its 52-week high on 06/09/17, and 52-week low on 06/27/16.
Zynga Inc Cl A Cmn (NASDAQ:ZNGA)’s trailing twelve month revenues are $749 Million, whereas its price to sales ratio for the same period is 4.19. Its book value per share for the most recent quarter is $1.78 while its price to book ratio for the same period is 2.07, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.