ZNGA

Zynga Inc

TMT


Presented:01/15/2019
Price:$4.27
Cap:$4.33B
Current Price:$8.18
Cap:$9.30B

Presented

Date01/15/2019
Price$4.27
Market Cap$4.33B
Ent Value$3.13B
P/E Ratio140.46x
Book Value$1.88
Div Yield0%
Shares O/S1,012.92M
Ave Daily Vol12,402,089
Short Int8.29%

Current

Price$8.18
Market Cap$9.30B
Zynga, Inc. provides social game services. It develops, markets and operates social games as live services played on mobile platforms such as Apple's iOS operating system and Google's Android operating system, and social networking sites such as Facebook. It offers Chess with Friends, Crazy Cake Swap, Draw Something, FarmVille, Gems With Friends, Ice Age: Arctic Blast, Looney Tunes Dash, Speed Guess Something, What's The Phrase, Wizard of Oz Magic Match, Yummy Gummy, Free Slots, Black Diamond Casino, Hit It Rich, Zynga Poker and Willy Wonka Slots. The company was founded by Mark Jonathan Pincus on April 19, 2007 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOG), Apple Inc (AAPL), Electronic Arts Inc (EA), Netflix Inc (NFLX), Take-Two Interactive Software Inc (TTWO), Ubisoft Entertainment SA (UBI FP), Walt Disney Co/The (DIS), Zynga Inc (ZNGA)

Highlights

The presenter is long shares of Zynga Inc (ZNGA), viewing it as a leader in the video game space with solid growth potential. Despite gaining ~13% in the past year, he views the current stock price of ~$4.25 and 2020 EBITDA multiple of 10x as an attractive entry point. He has a price target of ~$7 on the back of its unique competitive advantages, undervalued growth potential for revenues (and profitability), stickiness of products, and position as a strategic asset.

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Idea Discussion

Commentor 1 - 2 weeks ago

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