Home / Tech & Systems / Active Broker’s Choice: Zynga, Inc. (NASDAQ:ZNGA), Electronic Arts Inc. (NASDAQ:EA)

Active Broker’s Choice: Zynga, Inc. (NASDAQ:ZNGA), Electronic Arts Inc. (NASDAQ:EA)

Several matter pinch shares of Zynga, Inc. (NASDAQ:ZNGA) [Trend Analysis], as shares moving down -1.05% to $2.84 with a share volume of 8.69 Million. Bank of New York Mellon Corp reduced its stake in Zynga Inc. (ZNGA) by 3.9% during the q2, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,486,435 shares of the firm’s stock following selling 101,286 shares during the period. Bank of New York Mellon Corp owned about 0.29% of Zynga worth $6,191,000 at the end of the most recent quarter.

San Francisco-based mobile gaming firm Zynga has appointed former Electronic Arts Mobile executive Matt Bromberg to become its new chief operating officer, the firm stated Thursday. At the end of March, Zynga stated CEO Mark Pincus would step down, less than a year following taking the helm from Microsoft veteran Don Mattrick. “Matt is an experienced and proven leader who has worked with some of gaming’s highest quality studios and biggest franchises,” Gibeau stated in a statement.

The ZNGA held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The ZNGA ratings chart showed that 8 gave HOLD ratings for the current month, whereas, 2 analysts out of pool gave UNDERWEIGHT rating. For stocks’ current month, 5 analysts opted for BUY ratings as compared to 1 opting for SELL in the same period. The stock price target chart showed average price target of 3.17 as compared to current price of 2.84.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.01 and on annual basis FY 2016 estimate trends at current was for $0.03 as compared to one month ago of $0.03, and for next year per share earnings estimates have $0.07.

The stock is going forward its 52-week low with 59.55% and moving down from its 52-week high price with -5.96%. To have technical analysis views, liquidity ratio of a company was calculated 5.10 as evaluated with its debt to equity ratio of 0.00. The float short ratio was 2.48%, as compared to sentiment indicator; Short Ratio was 1.33.

Shares of Electronic Arts Inc. (NASDAQ:EA) [Trend Analysis] runs in leading trade, it moving down -0.36% to traded at $83.17. The firm has price volatility of 1.39% for a week and 1.63% for a month. Its beta stands at 0.62 times. Lets us look over what analysts have to say about performance of the EA. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.43 as compared to the next year Q1 current trend of $2.33. While on annual basis the current EPS estimates trend for FY 2017 came in for $4.09 as compared to three months ago $4.11.

The stock prices target chart showed high target of 105.00 kept by analysts at WSJ while the average price target was for 87.77 as compared to current price of 83.17. Somehow, the stock managed to gain BUY ratings by 15 analysts in current tenure as 2 analysts having overweight ratings, 4 recommend. Overall, the consensus ratings were for Buy by the pool of analysts.

Narrow down four to firm performance, its weekly performance was -0.24% and monthly performance was 1.04%. The stock price of EA is moving up from its 20 days moving average with 1.33% and isolated positively from 50 days moving average with 4.30%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

Check Also

Stocks Rallying on Investment Valuation: Altria Group, Inc. (NYSE:MO), Delphi Automotive PLC (NYSE:DLPH)

Under investment valuation analysis, Altria Group, Inc. (NYSE:MO) presented as an active mover, it has …

Leave a Reply

Your email address will not be published. Required fields are marked *