EPS for Zynga Inc. (ZNGA) Expected At $0.01

October 13, 2018 - By Nellie Frank

Investors sentiment decreased to 1.04 in Q2 2018. Its down 0.04, from 1.08 in 2018Q1. It dived, as 16 investors sold Zynga Inc. shares while 68 reduced holdings. 39 funds opened positions while 48 raised stakes. 609.18 million shares or 5.81% more from 575.74 million shares in 2018Q1 were reported.
10,000 were accumulated by Aspen Investment Management. Retirement Of Alabama invested in 0.03% or 1.26 million shares. Pnc Fincl Ser owns 2,126 shares for 0% of their portfolio. Element Cap Mngmt Ltd Limited Liability Company owns 0.01% invested in Zynga Inc. (NASDAQ:ZNGA) for 46,884 shares. 953,264 were reported by State Board Of Administration Of Florida Retirement System. Northern Trust has 0.01% invested in Zynga Inc. (NASDAQ:ZNGA). Moreover, Prudential Financial Inc has 0% invested in Zynga Inc. (NASDAQ:ZNGA). Rhumbline Advisers reported 0.01% stake. River And Mercantile Asset Mgmt Llp stated it has 7.46M shares. Oppenheimer Asset Mgmt stated it has 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Artisan Prtnrs Limited Partnership has invested 0.32% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Bancshares Of Mellon accumulated 2.75M shares. Bnp Paribas Arbitrage holds 46,102 shares. Georgia-based Earnest Prns Ltd Liability Company has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Numerixs Inv Technology Inc owns 38,100 shares.

Since April 18, 2018, it had 0 buys, and 10 insider sales for $715,402 activity. On Wednesday, April 18 the insider Kim Bernard Jin sold $71,400. $163,925 worth of stock was sold by Bromberg Matthew S on Friday, September 21.

Analysts expect Zynga Inc. (NASDAQ:ZNGA) to report $0.01 EPS on November, 6.They anticipate $0.01 EPS change or 50.00 % from last quarter’s $0.02 EPS. ZNGA’s profit would be $8.60 million giving it 105.00 P/E if the $0.01 EPS is correct. The stock increased 0.48% or $0.02 during the last trading session, reaching $4.2. About 15.51 million shares traded or 35.76% up from the average. Zynga Inc. (NASDAQ:ZNGA) has risen 6.33% since October 14, 2017 and is uptrending. It has underperformed by 9.29% the S&P500.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

Among 5 analysts covering Zynga (NASDAQ:ZNGA), 3 have Buy rating, 2 Sell and 0 Hold. Therefore 60% are positive. Zynga had 6 analyst reports since May 31, 2018 according to SRatingsIntel. Benchmark maintained Zynga Inc. (NASDAQ:ZNGA) rating on Thursday, May 31. Benchmark has “Buy” rating and $500 target. Credit Suisse maintained it with “Underperform” rating and $4.9 target in Thursday, August 2 report. As per Thursday, August 2, the company rating was maintained by Morgan Stanley. The firm earned “Overweight” rating on Wednesday, July 11 by Morgan Stanley.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States and internationally. The company has market cap of $3.61 billion. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. It has a 102.44 P/E ratio. The companyÂ’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com.

More notable recent Zynga Inc. (NASDAQ:ZNGA) news were published by: Nasdaq.com which released: “3 Big Stock Charts for Wednesday: Kinder Morgan, PG&E and Fastenal Company” on October 10, 2018, also Fool.com with their article: “Why Zynga Inc. Stock Popped Today” published on October 09, 2018, 247Wallst.com published: “Jefferies Has 5 Stocks Trading Under $10 With Huge Upside Potential” on October 13, 2018. More interesting news about Zynga Inc. (NASDAQ:ZNGA) were released by: Seekingalpha.com and their article: “Zynga: Buyout Target?” published on October 10, 2018 as well as Fool.com‘s news article titled: “Why Zynga, Pyxus International, and Papa John’s International Jumped Today” with publication date: October 09, 2018.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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