Analysts See $0.01 EPS for Zynga Inc (ZNGA)

October 13, 2017 - By Clifton Ray

 Analysts See $0.01 EPS for Zynga Inc (ZNGA)
Investors sentiment increased to 1.65 in 2017 Q2. Its up 0.26, from 1.39 in 2017Q1. It improved, as 20 investors sold Zynga Inc shares while 49 reduced holdings. 52 funds opened positions while 62 raised stakes. 556.87 million shares or 0.80% more from 552.46 million shares in 2017Q1 were reported.
Eminence Cap Lp stated it has 2.99% of its portfolio in Zynga Inc (NASDAQ:ZNGA). 4.67 million are owned by Northern Trust. Chicago Equity Prns Ltd Llc has 108,000 shares for 0.01% of their portfolio. Balyasny Asset Management Lc has invested 0.05% in Zynga Inc (NASDAQ:ZNGA). Oz Mgmt Lp holds 0.01% or 581,051 shares. North Star Invest Management owns 0% invested in Zynga Inc (NASDAQ:ZNGA) for 1,150 shares. Cibc Asset Mgmt holds 29,679 shares or 0% of its portfolio. Blackrock Inc has invested 0.01% in Zynga Inc (NASDAQ:ZNGA). 1.24M were accumulated by Quantum Cap. Moreover, Shannon River Fund Management Lc has 1.35% invested in Zynga Inc (NASDAQ:ZNGA) for 1.26 million shares. Quantitative Mgmt Limited Liability Com, a Virginia-based fund reported 3.56 million shares. Alpine Woods Cap Investors Lc accumulated 23,000 shares. Mckinley Cap Ltd Llc Delaware owns 809,726 shares. Susquehanna Interest Grp Inc Llp reported 0% in Zynga Inc (NASDAQ:ZNGA). Airain has invested 0.04% in Zynga Inc (NASDAQ:ZNGA).

Since May 1, 2017, it had 0 insider purchases, and 4 selling transactions for $6.33 million activity. The insider GORDON WILLIAM B sold 549,637 shares worth $1.93 million.

Analysts expect Zynga Inc (NASDAQ:ZNGA) to report $0.01 EPS on November, 1.They anticipate $0.04 EPS change or 133.33 % from last quarter’s $-0.03 EPS. ZNGA’s profit would be $8.62 million giving it 96.00 P/E if the $0.01 EPS is correct. After having $0.01 EPS previously, Zynga Inc’s analysts see 0.00 % EPS growth. About 11.63 million shares traded or 26.83% up from the average. Zynga Inc (NASDAQ:ZNGA) has risen 35.83% since October 14, 2016 and is uptrending. It has outperformed by 19.13% the S&P500.

Zynga Inc (NASDAQ:ZNGA) Ratings Coverage

Among 16 analysts covering Zynga (NASDAQ:ZNGA), 8 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Zynga had 36 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Mizuho with “Buy” on Friday, December 23. The firm has “Underperform” rating given on Friday, August 7 by Credit Suisse. The stock of Zynga Inc (NASDAQ:ZNGA) earned “Neutral” rating by Goldman Sachs on Monday, August 10. Piper Jaffray maintained Zynga Inc (NASDAQ:ZNGA) on Tuesday, July 18 with “Buy” rating. The rating was maintained by Benchmark with “Buy” on Tuesday, February 9. KeyBanc Capital Markets maintained Zynga Inc (NASDAQ:ZNGA) on Friday, August 25 with “Hold” rating. The firm earned “Equal Weight” rating on Monday, August 10 by Morgan Stanley. The stock has “Hold” rating by Canaccord Genuity on Thursday, August 3. The firm has “Buy” rating given on Thursday, September 14 by Piper Jaffray. The stock has “Buy” rating by Piper Jaffray on Tuesday, May 30.

Zynga Inc. is a provider of social game services. The company has market cap of $3.31 billion. The Firm develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System operating system and Android operating system and social networking sites, such as Facebook. It currently has negative earnings. The Firm has developed a range of social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises.

More news for Zynga Inc (NASDAQ:ZNGA) were recently published by: Globenewswire.com, which released: “Zynga Names Phuong Phillips as Chief Legal Officer” on September 27, 2017. Seekingalpha.com‘s article titled: “Race To $4: Zynga Vs. Glu Mobile” and published on September 26, 2017 is yet another important article.

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