|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||4.07 - 4.18|
|52 Week Range||3.20 - 4.34|
|PE Ratio (TTM)||138.00|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.40|
Activision Blizzard (ATVI) stock has returned 25% in the last 12 months, 7.9% in the last month, and 1.8% in the last five days. ATVI stock fell 6% in 2016 and rose 76% in 2017. Since the start of 2018, ATVI stock has risen ~13%.
Activision Blizzard has attributed this revenue growth to a successful shift toward a games-as-a-service model. In the second quarter, Activision Blizzard expects revenue of $1.55 billion with a gross margin of 78% and an operating margin of 31%. It has estimated non-GAAP earnings per share of $0.46. Activision Blizzard has forecasted revenue of $7.36 billion in fiscal 2018 with a gross margin of 78% and an operating margin of 34%.
Zynga Inc. , a leading social game developer, today announced the launch of an Android Augmented Reality Mode for CSR Racing 2 , the world’s most popular mobile Racing game.
NEW YORK, May 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Monster ...
Zynga Inc (NASDAQ:ZNGA) hasn’t done much so far in 2018, about flat for the first four and a half months of the year. ZNGA stock is up 56 cents per share from $3.40 at the start of the month. While a 16.5% rally is nothing to scoff at, much more upside could be in the cards if ZNGA can breakout over the $4 mark.
Today, Zynga Inc. (ZNGA), a leading social game developer, announced the launch of the Words With Friends 2 Royal Social Dictionary, an extension of last year’s pop culture inspired Social Dictionary, which added more than 50,000 new playable words. Curated by “The Royals” actress Elizabeth Hurley, the Words With Friends 2 Royal Social Dictionary gives Brits and non-Brits alike, a novel way to celebrate the pomp and circumstance of Prince Harry and Meghan Markle’s nuptials from the palm of their hands. The launch of the new Royal Social Dictionary introduces never-before-playable words stemming from popular British slang including Bagsy, Blimey, Skive, Knackered, Clanger, Gobsmacked, and Harkle, a playful portmanteau in honor of the soon to be wed, Harry and Meghan.
For today, WallStEquities.com takes a close look at the recent performance of Zynga Inc. (NASDAQ: ZNGA), Take-Two Interactive Software Inc. (NASDAQ: TTWO), TrueCar Inc. (NASDAQ: TRUE), and The9 Ltd (NASDAQ: NCTY). Last Friday, shares in San Francisco, California headquartered Zynga Inc. ended the session 0.76% higher at $3.96. The stock recorded a trading volume of 8.84 million shares.
Electronic Arts (EA) reported record revenue of $5.2 billion in fiscal 2018, with costs of revenue of $1.3 billion and operating income of $1.4 billion. Driven by its record revenue, EA also reported record operating cash flow of $1.7 billion.
As we’ve discussed, Electronic Arts (EA) has called fiscal 2018 its strongest year ever with regards to mobile gaming. Although EA’s mobile gaming revenue rose only 1% YoY (year-over-year) to $176 million in fiscal 4Q18, it rose 5% YoY to $659 million in fiscal 2018. Electronic Arts has introduced several engaging games to penetrate this market and compete with Zynga (ZNGA) and Activision Blizzard (ATVI).
Peer gaming stocks Electronic Arts (EA), Activision Blizzard (ATVI), and Zynga (ZNGA) have generated returns of 30%, 31%, and 32%, respectively, in the last 12 months. According to analysts at Wedbush, Take-Two Interactive has two big gaming releases scheduled during the next two years: Red Dead Redemption 2 and an unnamed first-person shooter game. Wedbush expects the shooter game to be Borderland 3.
Broken internet companies would seem to have a leg up on other kinds of struggling firms. Being nimble and responsive to change is what internet companies do. It turns out it’s incredibly tough to nurse an internet company back to health.
Do you think penny stocks are best left to amateur traders who don’t understand that cheap stocks are cheap for a reason? It’s a misnomer, however, to think all penny stocks — let’s quantify them as equities priced at less than $5 per share — aren’t worth owning. Thanks to factors ranging from prolonged weakness in the commodities market to strategic stock splits to poorly-timed IPOs, a handful of these low-priced equities are actually compelling prospects.
Last week, Zynga Inc (NASDAQ:ZNGA) stock gained 3% on Tuesday then lost 2% on Wednesday as investors were apparently unsure what to make of the company’s first-quarter earnings report and the news that founder Mark Pincus has given up super control of his company. As CEO Frank Gibeau explained in the earliest minutes of the earnings call, Mark’s high voting shares have been converted into common stock. More tangibly, Pincus’s voting rights have shrunk from 70% to 10%.
Electronic Arts Networks (EA) has returned 28% in the last 12 months, 1% in the last month, and 0.5% in the last five days. Electronic Arts stock rose 15% in 2016 and 33% in 2017. Since the start of 2018, it’s risen almost 14.5%. Peers Take-Two Interactive (TTWO), Zynga (ZNGA), Activision Blizzard (ATVI), and Sony (SNE) have returned 64%, 26%, 26%, and 36%, respectively, in the last 12 months.
NEW YORK, NY / ACCESSWIRE / May 7, 2018 / Apple shares hit a new record on Friday after traders learned that Warren Buffet's Berkshire Hathaway had scooped up a substantial stake in the company during the first quarter. Zynga shares also saw gains after reporting strong first quarter results and that it's co-founder and former CEO has given up voting control. Apple Inc. shares closed up 3.92% on Friday and hit a new record high of $184.25.
Previously, we learned that analysts expect Electronic Arts’ (EA) revenue to rise ~13% YoY (year-over-year) in fiscal 4Q18. The company’s EPS (earnings per share) are expected to rise ~37% in the quarter.
NEW YORK, NY / ACCESSWIRE / May 4, 2018 / U.S. markets were mixed Thursday as investors appear to be awaiting monthly jobs data due to be released on Friday. The Dow Jones Industrial Average gained 0.02 ...
The earnings report started optimistically enough, with Elon Musk forecasting an end to Tesla Inc.’s cash-burning days after blazing through another $1 billion last quarter. Anyway if Tesla does blow up you can’t say there weren’t any hints.
At a time when many technology companies are keeping a tight hold on their company operations through their share structures, Zynga Inc.’s ( ZNGA) founder is taking the opposite tack. The online game maker’s former CEO and founder Mark Pincus has converted all of his “super-voting” Class C shares (70 votes per share) and Class B shares (seven votes per share) into common Class A shares with one vote per share. Essentially, Pincus gave up his voting control by paring down his voting power from 70% to 10% and creates a single-class share structure for the San Francisco-based company.
Opinion: Mark Pincus’s move could be seen as an example for time limits to founder controlMark Pincus, founder of Zynga, is seen in 2017. Zynga Inc. founder and former chief executive Mark Pincus is a poster boy of why many investors are opposed to founder control.
The entertainment company reported revenues and monthly active users that fell in line with estimates, but its guidance for the upcoming quarter was weak and it is still losing money. Square SQ stock sank more than 6 percent post-market. Tesla TSLA shares rose as much as 2 percent in extended trading after posting better than expected earnings, but the company's stock later gave up its gains.
On a per-share basis, the San Francisco-based company said it had net income of 1 cent. Earnings, adjusted for stock option expense, were 2 cents per share. The results met Wall Street expectations. The ...