Zynga Inc. (NASDAQ:ZNGA) Analyst Estimates And Rating

Zynga Inc. (NASDAQ:ZNGA) stock is presently standing at about $2.81 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 13 analysts covering the company is $3.00, which suggests the stock could still rise over 6 percent. The highest analyst price target is $5.00, which implies a rally of 22 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 2 rate ZNGA a strong buy. There are 8 equity research firms advocating a Hold and 0 consider it Sell.

Mizuho analysts provided their view on Zynga Inc. (NASDAQ:ZNGA) recently. The rating firm issued a Buy rating to this company in a research note released on Dec 23, 2016. Morgan Stanley analysts disclosed their opinion on Zynga Inc. (NASDAQ:ZNGA) recently. The rating firm gave a Equal-Weight rating to this stock in a research note published on Jul 14, 2015. According to a research note disclosed on Nov 07, 2014, analysts at Needham have upped their rating on these shares from Hold to Buy.

Zynga Inc. (NASDAQ:ZNGA) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Director Siminoff Ellen F sold 12,000 company shares for 32280, in a transaction on 2017-03-01. Following the transaction, the Director is left with a stake of 397,675 shares, currently valued at $1117467. Meanwhile, General Counsel, Sec. and SVP Shah Devang sold 2,135 shares worth $5570, through a transaction dated 2017-02-16. Following the completion of the transaction, the insider is left with a stake of 65,625 shares, amounting $184406.25. ZNGA Director Siminoff Ellen F also sold 12,000 shares, at a stock price of $2.54. This transaction occurred on 2017-02-01 totals $30480. After this transaction, the insider’s stake stands at 409,675 shares, with a market value of $1151187.

Executives hold 1.04 percent of the stock. Don A. Mattrick is one of the biggest insider owners in Zynga Inc. (NASDAQ:ZNGA), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 2,045,666 shares which have current market value of around $5748321.46.Mr. L. John Doerr is another major inside shareholder in the company. The insider owns 1,266,590 shares as of 0.14%, currently worth $3559117.9. William B. Gordon is ranked as third insider holder of the stock. This insider holds 794,435 shares with a market value around $2232362.35 as of recent close.

Zynga Inc. (NASDAQ:ZNGA) Earnings Outlook

In Zynga Inc. (NASDAQ:ZNGA)’s latest quarter, EPS moved to $0.01 from $0.01 in preceding quarter and revenues reached at $201.50M compared to $196.72M. Analysts had expected Zynga Inc. (NASDAQ:ZNGA) to post net income of about $0.01 per share on $192.65M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.01 to $0.02. That is compared with the $0.00 in EPS it reported during the same period a year ago.