|Bid||3.69 x 1200|
|Ask||3.75 x 900|
|Day's Range||3.68 - 3.77|
|52 Week Range||3.20 - 4.57|
|PE Ratio (TTM)||90.73|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.80|
Electronic Arts (EA) has sold more than 130 million units since of the release of the franchise. The company cited strong weekend sales of the latest title as the key catalyst.
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Arena ...
Four companies in the internet and interactive entertainment sectors offer particularly “compelling” opportunities in the wake of second-quarter financial results, according to new research. Those companies—Alphabet ...
(This version of the story corrects to show that Zynga acquired a unit of Peak Games and not the entire company in paragraph 3)
Zynga Inc. (ZNGA), a leading social game developer, and premier sports car maker Porsche, today announced a global content partnership. In honor of this year’s 70th anniversary of the Porsche brand, the partnership includes new in-game content in CSR Racing 2 (CSR2), the world’s most popular mobile racing game, as well as a four-part docuseries featuring passionate Porsche connoisseurs from around the world. The docuseries participants include Australian former racing driver Mark Webber, collector and designer Magnus Walker, custom tuner Akira Nakai, and former racer Bruce Canepa.
Zynga Inc. today released its financial results for the quarter ended June 30, 2018 by posting management’s Q2 2018 Quarterly Earnings Letter to its Investor Relations website.
NEW YORK, NY / ACCESSWIRE / August 1, 2018 / Zynga Inc. Class A (NASDAQ: ZNGA) will be discussing their earnings results in their Q2 Earnings Call to be held on August 1, 2018 at 5:00 PM Eastern Time. ...
Zynga's (ZNGA) second-quarter 2018 results are expected to benefit from solid mobile live services and growing acquisitions.
Activision Blizzard (ATVI) stock has returned 32.5% in the last 12 months, 4.4% in the last month, and 3.4% in the last five days. It fell 6% in 2016 and then rose significantly by 76% in 2017. This year, it has risen ~29%, while peers Electronic Arts (EA), Zynga (ZNGA), and Take-Two Interactive (TTWO) have returned 42%, 7.5%, and 15.5%, respectively.
Activision Blizzard’s (ATVI) market cap-to-revenue ratio is expected to be 8.20x in fiscal 2018 and 7.66x in fiscal 2019. The company’s EV1-to-revenue ratio is expected to be 7.91x in 2018 and 7.08x in 2019, while its EV-to-EBITDA ratio is expected to be 21.1x in 2018 and 18.6x in 2019.
WallStEquities.com has initiated research reports on the following Technology stocks: VirnetX Holding Corp. (NYSE AMER: VHC), Yext Inc. (NYSE: YEXT), Take-Two Interactive Software Inc. (NASDAQ: TTWO), and Zynga Inc. (NASDAQ: ZNGA). Zephyr Cove, Nevada-based VirnetX Holding Corp.’s stock finished Wednesday’s session 1.49% lower at $3.30 with a total trading volume of 225,890 shares.
Zynga Inc. today announced it will report its second quarter 2018 financial results on Wednesday, August 1, 2018, at approximately 1:05 p.m. Pacific Time .
Zynga (ZNGA) expects live services to deliver more than 95% of its revenue in 2018. The recent acquisition of Gram Games aligns with Zynga’s efforts to grow its live services business. Gram Games is a mobile game developer headquartered in Istanbul, Turkey, but also runs a studio office in London.
Share repurchase programs are part of Zynga’s (ZNGA) ongoing capital allocation strategy that ties in with the company’s commitment to deliver long-term shareholder value. The company recently announced a new repurchase program of $200 million, coming shortly after it recently completed a repurchase program of a similar amount.
Zynga (ZNGA) has long relied on its domestic market, the US, for two-thirds of its revenues. In the last quarter, for instance, international revenue was 35% of total revenue. International business represented 34% of total revenue in the previous quarter.
Zynga (ZNGA) had an enterprise value (or EV) of $2.9 billion for 2017. In comparison, Symantec (SYMC), FireEye (FEYE), Oracle (ORCL), and International Business Machines (IBM), Zynga’s peer companies in the software sector, have EVs of $15.7 billion, $3.1 billion, $173.9 billion, and $163.4 billion, respectively.
Zynga’s advertising revenue grew 12% YoY (year-over-year) to $44.8 million in the first quarter, representing 22% of total revenue. Advertising revenue jumped 20% YoY and represented 25% of total revenue in the fourth quarter of 2017, which marked the first time since the third quarter of 2016 that Zynga’s advertising revenue grew.
Zynga (ZNGA) has simplified its stock structure by moving away from the contentious multi-class stock structure to a single-class structure, which has enabled Zynga founder, Mark Pincus, to convert all his high-voting shares into regular common shares that carry one vote per share. As a result, Pincus’s control in Zynga has significantly declined with his voting power dropping to about 10% from 70% previously.
NEW YORK, NY / ACCESSWIRE / June 27, 2018 / U.S. markets rebounded on Tuesday after experiencing steep losses the past week due to growing trade tensions. The Dow Jones Industrial Average increased 0.12 ...
In this series, we have looked at the estimated growth of the global games industry and compared it with the four core gaming stocks in the United States. Gaming stocks have had an impressive upward rally over the last two years driven by growth in digital gaming and mobile gaming. Of the 29 analysts tracking Activision Blizzard (ATVI), 21 have recommended a “buy,” and eight have recommended a “hold.” The stock doesn’t have any “sell” ratings.
In the previous part of this series, we saw that the global games market is estimated to rise 13.3% YoY (year-over-year) in 2018. We’ll now see how much revenue growth gaming companies are expecting.
In this series, we’ll look at the performance of top gaming companies in the United States and some of their key growth drivers. We’ll look at Activision Blizzard (ATVI), Zynga (ZNGA), Take-Two Interactive (TTWO), and Electronic Arts (EA). Activision Blizzard has a market cap of $58 billion. In the last 12 months, the stock generated returns of 25%, while in the last month it rose 6.4%. In 2017, ATVI rose 76%, while it has risen over 20% in 2018.
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