{"id":4751,"date":"2014-06-11T14:13:55","date_gmt":"2014-06-11T14:13:55","guid":{"rendered":"\/?p=4751"},"modified":"2014-06-11T14:13:57","modified_gmt":"2014-06-11T14:13:57","slug":"analysts-divergent-on-zynga-inc-nasdaqznga","status":"publish","type":"post","link":"\/articles\/analysts-divergent-on-zynga-inc-nasdaqznga\/","title":{"rendered":"Analysts Divergent on Zynga Inc. (NASDAQ:ZNGA)"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/9ZNGA_chart.png\" border=\"0\" alt=\"9ZNGA_chart.png\" title=\"9ZNGA_chart.png\" width=\"450\" height=\"201\" \/>Over the course of the last week several analysts expressed different opinions on Zynga, Inc. (NASDAQ:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a>) stock and gave the company differing price targets. Amid all the opinions, Zynga stock rose 6.6% on above average share volume yesterday. <\/p>\n<p>The company&#8217;s share price slipped just over 9% late last week on news of more executives leaving the company recently, as well as words of caution coming from Sterne Agee analysts. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> received different ratings over the last few of days, covering both ends of the spectrum. UBS analysts gave <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> a Buy rating, quoting the company&#8217;s commitment to meet its 2014 guidance and the ongoing effort to integrate its new acquisition &#8211; NaturalMotion of Clumsy Ninja fame, intended to give <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> a leg up in the mobile race. UBS gave Zynga a price target of $6 in conjunction with their Buy rating.<\/p>\n<p>On the other hand, TheStreet Ratings rated <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> as a Sell, explaining this with weaknesses including lacking net income growth and poor operating cash flows. TheStreet analysts cited the company&#8217;s Q1 performance on a year-over-year basis, with Zynga having dropped from net profit of $4 million in 2013 to net loss of $61 million recorded in just the first three months of 2014.<\/p>\n<p>Michael Pachter, an analyst particularly popular with his opinions and ratings on companies involved in the gaming industry, gave <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> a Buy rating too, praising CEO Mattrick&#8217;s efforts to turn the company around by doing the necessary changes in the company&#8217;s team.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/ZNGA_logo2.png\" border=\"0\" alt=\"ZNGA_logo2.png\" title=\"ZNGA_logo2.png\" width=\"120\" height=\"30\" \/>It&#8217;s no secret Zynga has not fared too well since its IPO. The stock, which originally launched into public trading at $10 per share, has lost over 25% since the beginning of April. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> reported 123 million monthly average users in late March, a significant drop from around 250 million in Q1 of 2013.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ZNGA\">ZNGA<\/a> stock is currently trading 1.5% down in the early session.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the course of the last week several analysts expressed different opinions on Zynga, Inc. (NASDAQ:ZNGA) stock and gave the company differing price targets. Amid all the opinions, Zynga stock rose 6.6% on above&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[747],"class_list":["post-4751","post","type-post","status-publish","format-standard","hentry","category-news","tag-znga"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=4751"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4751\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}