3.57 -0.03 (-0.84%)
After hours: 4:11PM EST
|Bid||3.55 x 27000|
|Ask||3.64 x 1100|
|Day's Range||3.49 - 3.62|
|52 Week Range||3.20 - 4.57|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||87.80|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.69|
Zynga Inc. , a leading social game developer, announced today its Chief Executive Officer, Frank Gibeau, will present at two upcoming investor conferences. During the course of these presentations, Zynga may disclose material developments affecting its business and/or financial performance.
NEW YORK, Nov. 14, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Activision Blizzard's Q3 Results Were in Line—Why Did It Fall? Activision Blizzard (ATVI) stock has fallen 32% over the last 40 days or so to end up at $56.6 on November 8. Investors were unimpressed with the company’s fourth-quarter revenue guidance, its Call of Duty: Black Ops 4 sales, and its Diablo Immortal announcement, leading to the steep fall in its stock.
We’ve already seen that Activision Blizzard’s’ (ATVI) revenues are expected to rise 4.6% in 2018 and 6.3% in 2019. The company’s EPS are expected to rise 15.8% in 2018 and 11.7% in 2019. It has forward PE ratio estimates of 33.3x for 2018 and 31.1x for 2020. Activision stock may seem slightly overvalued considering its revenue and earnings growth rates.
In the previous article, we discussed that analysts expect Activision Blizzard’s (ATVI) revenue to fall 12.5% in the third quarter. Its sales are projected to rise 16% to $3.06 billion in the fourth quarter. The rise should translate into revenue growth of 4.6% for Activision in 2018. Activision Blizzard’s EPS could rise 15.8% to $1.34 in 2018.
Zynga (ZNGA) delivered earnings and revenue surprises of -25.00% and -0.47%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The company said it expects fourth-quarter bookings of $250 million (195.61 million pounds), below analysts' estimates of $269 million, according to Refinitiv data. "Zynga Poker" was continuing to face challenges from platform changes made by Facebook in the last quarter and adjustments to its in-game purchases. Facebook Connect bug and login challenges caused some players to not be able to log in and had an impact on the overall business, Chief Executive Officer Frank Gibeau told Reuters.
Zynga Inc. today released its financial results for the quarter ended September 30, 2018 by posting management’s Q3 2018 Quarterly Earnings Letter to its Investor Relations website.
The competition to get a piece of the top gaming startups is fierce right now, with some investors agreeing to lofty prices to win deals.
We’ve already seen that Electronic Arts’ (EA) revenues are expected to rise 0.3% in 2019 and 9.5% in 2020. The company’s EPS is expected to rise 4.5% in 2019 and 17% in 2020. The company has forward PE ratio estimates of 28.1x for 2019 and 22.3x for 2020.
Zynga Inc. today announced it will report its third quarter 2018 financial results on Wednesday, October 31, 2018, at approximately 1:05 p.m. Pacific Time .
Electronic Arts stock (EA) has gained 314% in the last five years. With revenue growth of 2% and earnings growth of 4.8% in fiscal 2019 (year ending in March), analysts have an average target price estimate of $141.15 for EA, indicating an upside potential of 34%. Activision Blizzard (ATVI) stock has gained 322% in the last five years.
Zynga, which makes mobile games such as “Farmville” and “Words With Friends,” has been approached by other developers about a takeover, Bloomberg News reported Tuesday, without identifying the prospective buyers. Channeling Ubisoft’s existing games, which include “Rainbow Six” and “Assassin’s Creed,” through Zynga’s advertising platform could further turbocharge growth. It would also help Ubisoft maximize the advantages from its latest major tie-up: Tencent Holdings Ltd. When the Chinese tech conglomerate took a 5 percent stake in March, it also signed a separate deal to operate, publish and promote Ubisoft games in China.
NEW YORK, NY / ACCESSWIRE / October 10, 2018 / Zynga shares were temporarily halted on news that the company has received takeover interest from a rival. The company has declined to comment on the rumors, ...
Zynga climbed 12 percent to close at $4.36 in New York on Tuesday, the biggest jump since May 2017, giving Zynga a market value of about $3.8 billion. Zynga operates in the cutthroat world of mobile gaming, where companies often struggle to replicate the runaway success of their early hits. It increasingly competes with larger firms, such as Paris-based Ubisoft Entertainment SA, maker of the Assassin’s Creed games, as well as Activison Blizzard Inc., which bought Candy Crush developer King Digital Entertainment Plc in 2016.
Zynga's stock rose after a report that the company is receiving takeover interest. Shares of online game developer Zynga ZNGA rose 12 percent on Tuesday following a Bloomberg report that the company has received takeover interest from rivals. Zynga's stock climbed 48 cents to $4.36 at the close of trading, and is now up 9 percent for the year.