Is Zynga a Buy Sell or Hold?
Zynga stock has received a consensus rating of buy. The average rating score is and is based on 18 buy ratings, 8 hold ratings, and 2 sell ratings.
What is Zynga target price?
According to MarketBeat.com, Zynga presently has an average rating of “Hold” and an average target price of $10.39.
What happens to Zynga stock after merger?
Under the terms of the merger agreement, Zynga shareholders received $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock. The deal, which was first announced in January, will bring Zynga’s popular games under Take-Two ownership, including Farmville and Words With Friends.
Will Zynga be acquired?
Take-Two Interactive has officially acquired social and mobile gaming company Zynga. The $12.7 billion acquisition, announced in January, was completed Monday. The combined company will bring a new slate of popular games to Take-Two, including Zynga’s Farmville, Words with Friends and Zynga Poker.
Is Zynga a good buy now?
Zynga has received a consensus rating of Hold. The company’s average rating score is 2.35, and is based on 6 buy ratings, 11 hold ratings, and no sell ratings.
Is Zynga a good buy Zacks?
Zacks’ proprietary data indicates that Zynga Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the ZNGA shares relative to the market in the next few months.
How high can ZNGA stock go?
Analyst Price Target on ZNGA Based on 9 Wall Street analysts offering 12 month price targets for Zynga in the last 3 months. The average price target is $8.92 with a high forecast of $10.00 and a low forecast of $7.80.
Has Take-Two bought Zynga?
Take-Two has officially completed its $12.7 billion deal for social game developer Zynga, the two companies announced Monday. With the acquisition, Take-Two not only takes ownership of big Zynga franchises like FarmVille but also gets access to Zynga’s expertise building hugely popular free-to-play mobile games.
Did Zynga go out of business?
On January 10, 2022, Take-Two Interactive announced its intention to acquire the company in a cash-and-stock deal with a value of $12.7 billion, with Take-Two acquiring all outstanding shares of Zynga at $9.86 apiece.
How long can a stock be under $1?
Minimum Stock Price The stock can sell for under $1 a share for 29 consecutive trading days and still be safe from delisting. However, it must sell for $1 or more on day 30. If the stock sells for under $1 a share for 30 consecutive days, it’s in violation of the NYSE minimum price regulations.
Will Zynga go back up?
Zynga Inc – Class A quote is equal to 8.180 USD at 2022-06-06. Based on our forecasts, a long-term increase is expected, the “ZNGA” stock price prognosis for 2027-05-19 is 13.417 USD. With a 5-year investment, the revenue is expected to be around +64.03%. Your current $100 investment may be up to $164.03 in 2027.
Is Zynga a good long term stock?
In fact, at the current market price of $10, ZNGA stock is trading at just 22x its 2021 EPS estimate of $0.45. We continue to believe that Zynga deserves a higher P/E multiple given the strong revenue and earnings growth delivered over the recent past, a trend expected to continue going forward, as well.
Is Znga a sell?
Like earnings, a higher growth rate is better than a lower growth rate….Momentum Scorecard. More Info.
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What is Zynga game?
Zynga Poker2008FarmVille2009FarmVille 2: Country Escape2014Words with Friends2009Okey Plus101 Yüzbir Okey Plus
Is Zynga a takeover target?
January’s Tech-Stock Winners Are the Takeover Targets Like Activision, Zynga | Barron’s.
Is Zynga a good stock to buy right now?
This is the equivalent of Take-Two paying nearly no premium had it bought the company at the start of last year. However, it’s not surprising in a purchase announcement that the company making the acquisition falls in price as investors often question whether it paid too much. But Zynga is a quality growth stock to own.
Should you buy ZNGA stock?
In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares. The overview shows that ZNGA’s price is at present 1.94% off the SMA20 and -6.43% from the SMA50.
Should you buy Zynga stock?
Zynga Inc. [NASDAQ: ZNGA] gained 1.55% on the last trading session, reaching $10.48 price per share at the time. The company report on May 27, 2021 that Kenneth Cole and Zynga to Bring First-of-its-Kind Pride Month Partnership to Rollic’s Hyper-Casual
Should I buy Zynga?
Zynga (NASDAQ:ZNGA) might be worth looking into as a potential buy-the-dip investment or opinion of TipRanks or its affiliates, and should be considered for informational purposes only.