Zynga is trading at a lower price-to-earnings ratio than Sohu.com, indicating that it is now the more affordable of the two stocks. Also, it has an estimated price-earnings (P/E) multiple of 14.49. Current trade price levels places ANSS's stock about -0.85% away from the 52-week high and closed 76.27% away from the 52-week low. The Company's year to date (YTD) performance is now negative at -10.00%. Earnings surprises can have a huge impact on a company's stock price. For the next fiscal year, analysts anticipate that the business will post sales of $925.35 million per share, with estimates ranging from $881.13 million to $952.00 million.
Institutions own 78.24% of Zynga Inc.
Zynga (NASDAQ:ZNGA) last released its quarterly earnings data on Tuesday, November 7th. They expect $0.11 EPS, down 42.11% or $0.08 from last year's $0.19 per share. The business had revenue of $224.60 million during the quarter, compared to the consensus estimate of $211.98 million.
This table compares Zynga and Sohu.com's net margins, return on equity and return on assets. During the same period in the prior year, the firm posted ($0.05) EPS.
ZNGA has been the subject of a number of recent analyst reports.
Zynga Inc Cl A Cmn (NASDAQ:ZNGA) 52-week high price stands at $4.34 and low price stands at $2.40, its price distance from 52-week high is -17.05% while its distance from 52-week low price is 50%. Jefferies has "Buy" rating and $500 target. Consumer Edge began coverage on Zynga in a report on Wednesday, January 3rd. (NASDAQ:ZNGA) earned "Overweight" rating by PiperJaffray on Tuesday, May 30. Cowen & Co maintained the shares of ZNGA in report on Friday, December 8 with "Buy" rating.
Zynga Inc. (ZNGA) stock price tumbled -1.91% to finalize at $3.60 throughout previous buying and selling session. (NASDAQ:ZNGA). New York-based Glob X Mgmt Lc has invested 0.11% in Zynga Inc. First Quadrant L P CA now owns 6,002,422 shares of the company's stock valued at $22,689,000 after acquiring an additional 3,731,357 shares during the last quarter. The company's beta value is at 0.51. After the latest session, which saw the stock close at a price of $3.67, ZNGA sits below its 52-week high. Also, Director Ellen F. Siminoff sold 12,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 24th.
The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -2.65%, and has a solid year to date (YTD) performance of -10.5% which means that the stock is constantly adding to its value from the previous fiscal year end price. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Kim Bernard Jin sold 20,000 shares worth $78,400.
Among new and sold out positions, 32 holders initiated new positions by a total of 21.93 million shares and 26 holders exited their positions by a total of 6.4 million shares. 13 were sells. Insider ownership decreased by a total of 550904 shares, which suggests that ZNGA's key executives are feeling less optimistic about the outlook for the stock. The disclosure for this sale can be found here. Following the sale, the director now directly owns 139,900 shares of the company's stock, valued at $540,014. It has outperformed by 19.13% the S&P500.The move comes after 7 months positive chart setup for the $3.23B company. Dynamic Technology Lab Private Ltd acquired a new stake in Zynga during the third quarter valued at $150,000. River & Mercantile Asset Management LLP raised its stake in shares of Zynga by 126.3% during the third quarter. TD Asset Management Inc. now owns 278,900 shares of the company's stock valued at $1,054,000 after acquiring an additional 33,400 shares in the last quarter. Finally, FMR LLC purchased a new stake in shares of Zynga during the second quarter valued at $8,920,000. Horan Capital Advisors Llc sold 9,380 shares as the company's stock rose 8.91% with the market. (NASDAQ:ZNGA) rating on Thursday, August 3. If you are accessing this report on another domain, it was illegally stolen and republished in violation of worldwide copyright legislation.
Analyst Thoughts About Zynga Inc. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) operating system and Android operating system and social networking sites, such as Facebook.