|Bid||4.090 x 36900|
|Ask||4.100 x 900|
|Day's Range||4.060 - 4.160|
|52 Week Range||3.200 - 4.340|
|PE Ratio (TTM)||136.33|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.40|
Zynga Inc. , a leading social game developer, today announced the launch of an Android Augmented Reality Mode for CSR Racing 2 , the world’s most popular mobile Racing game.
NEW YORK, May 16, 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 Monster ...
Today, Zynga Inc. (ZNGA), a leading social game developer, announced the launch of the Words With Friends 2 Royal Social Dictionary, an extension of last year’s pop culture inspired Social Dictionary, which added more than 50,000 new playable words. Curated by “The Royals” actress Elizabeth Hurley, the Words With Friends 2 Royal Social Dictionary gives Brits and non-Brits alike, a novel way to celebrate the pomp and circumstance of Prince Harry and Meghan Markle’s nuptials from the palm of their hands. The launch of the new Royal Social Dictionary introduces never-before-playable words stemming from popular British slang including Bagsy, Blimey, Skive, Knackered, Clanger, Gobsmacked, and Harkle, a playful portmanteau in honor of the soon to be wed, Harry and Meghan.
For today, WallStEquities.com takes a close look at the recent performance of Zynga Inc. (NASDAQ: ZNGA), Take-Two Interactive Software Inc. (NASDAQ: TTWO), TrueCar Inc. (NASDAQ: TRUE), and The9 Ltd (NASDAQ: NCTY). Last Friday, shares in San Francisco, California headquartered Zynga Inc. ended the session 0.76% higher at $3.96. The stock recorded a trading volume of 8.84 million shares.
Electronic Arts (EA) reported record revenue of $5.2 billion in fiscal 2018, with costs of revenue of $1.3 billion and operating income of $1.4 billion. Driven by its record revenue, EA also reported record operating cash flow of $1.7 billion.
As we’ve discussed, Electronic Arts (EA) has called fiscal 2018 its strongest year ever with regards to mobile gaming. Although EA’s mobile gaming revenue rose only 1% YoY (year-over-year) to $176 million in fiscal 4Q18, it rose 5% YoY to $659 million in fiscal 2018. Electronic Arts has introduced several engaging games to penetrate this market and compete with Zynga (ZNGA) and Activision Blizzard (ATVI).
Peer gaming stocks Electronic Arts (EA), Activision Blizzard (ATVI), and Zynga (ZNGA) have generated returns of 30%, 31%, and 32%, respectively, in the last 12 months. According to analysts at Wedbush, Take-Two Interactive has two big gaming releases scheduled during the next two years: Red Dead Redemption 2 and an unnamed first-person shooter game. Wedbush expects the shooter game to be Borderland 3.
Electronic Arts Networks (EA) has returned 28% in the last 12 months, 1% in the last month, and 0.5% in the last five days. Electronic Arts stock rose 15% in 2016 and 33% in 2017. Since the start of 2018, it’s risen almost 14.5%. Peers Take-Two Interactive (TTWO), Zynga (ZNGA), Activision Blizzard (ATVI), and Sony (SNE) have returned 64%, 26%, 26%, and 36%, respectively, in the last 12 months.
NEW YORK, NY / ACCESSWIRE / May 7, 2018 / Apple shares hit a new record on Friday after traders learned that Warren Buffet's Berkshire Hathaway had scooped up a substantial stake in the company during the first quarter. Zynga shares also saw gains after reporting strong first quarter results and that it's co-founder and former CEO has given up voting control. Apple Inc. shares closed up 3.92% on Friday and hit a new record high of $184.25.
Previously, we learned that analysts expect Electronic Arts’ (EA) revenue to rise ~13% YoY (year-over-year) in fiscal 4Q18. The company’s EPS (earnings per share) are expected to rise ~37% in the quarter.
Disney has the opportunity to quickly reshape its perception on Wall Street — and see its stock soar in the next few years.
NEW YORK, NY / ACCESSWIRE / May 4, 2018 / U.S. markets were mixed Thursday as investors appear to be awaiting monthly jobs data due to be released on Friday. The Dow Jones Industrial Average gained 0.02 ...
Opinion: Mark Pincus’s move could be seen as an example for time limits to founder controlMark Pincus, founder of Zynga, is seen in 2017. Zynga Inc. founder and former chief executive Mark Pincus is a poster boy of why many investors are opposed to founder control.
The entertainment company reported revenues and monthly active users that fell in line with estimates, but its guidance for the upcoming quarter was weak and it is still losing money. Square SQ stock sank more than 6 percent post-market. Tesla TSLA shares rose as much as 2 percent in extended trading after posting better than expected earnings, but the company's stock later gave up its gains.
Inc. is moving to a single-class stock structure, diminishing the control of its founder as other technology companies maintain systems that give insiders extra voting power. would convert his extra voting shares into Class A shares, reducing his voting control to about 10% from 70% previously. Mr. Pincus is also moving to become nonexecutive chairman from his executive chairman role, Zynga said.
Zynga announced a new share structure on Wednesday that voluntarily reduces the voting power of chairman and co-founder Mark Pincus.
Zynga Inc. (ZNGA), a leading social game developer, today announced that its founder, Mark Pincus, has converted all of his high voting shares into Zynga’s Class A common stock. This decision enables Zynga (the “Company”) to simplify its stock structure and move from a multi-class to a single class structure. Pincus’ share conversion establishes voting rights parity for all Zynga shareholders and reduces his overall voting rights in Zynga from approximately 70% to approximately 10%.
Zynga Inc. today released its financial results for the first quarter ended March 31, 2018 by posting management’s Q1 2018 Quarterly Earnings Letter on its investor relations website.
Zynga announced a new share-class structure that would voluntarily reduce the voting power of co-founder Mark Pincus. Pincus — who is moving to executive chairman — is not selling any stock. Zynga ZNGA announced a new share structure on Wednesday that voluntarily reduces the voting power of chairman and co-founder Mark Pincus.
Activision Blizzard (ATVI) has returned 26.0% in the last 12 months, -0.5% in the last month, and -1.0% in the last five days. Activision Blizzard stock fell 6.0% in 2016 and rose 76.0% in 2017. Since the start of 2018, ATVI stock has risen ~4.0%.
NEW YORK, NY / ACCESSWIRE / May 2, 2018 / U.S. markets were mixed Tuesday as a strong performance by the tech sector was not enough to lift all three indexes higher. Dow Jones dropped for the 3rd consecutive ...
Zynga's (ZNGA) first-quarter 2018 results are likely to hurt from increasing operating expenses primarily due to higher marketing spending.
Previously, we learned that analysts expect Activision Blizzard’s (ATVI) revenues to rise ~10.6% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to rise ~13.0% in the quarter.