ZNGA

Zynga Inc

TMT


Presented:12/13/2016
Price:$2.81
Cap:$2.48B
Current Price:$8.18
Cap:$9.30B

Presented

Date12/13/2016
Price$2.81
Market Cap$2.48B
Ent Value$1.69B
P/E RatioN/A
Book Value$1.85
Div Yield0%
Shares O/S882.41M
Ave Daily Vol11,457,811
Short Int1.97%

Current

Price$8.18
Market Cap$9.30B
Zynga, Inc. engages in the development and provision of online social games. Its products are played over the Internet, mobile applications, and social networking sites. 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: Activision Blizzard Inc (ATVI), Electronic Arts Inc (EA), Zynga Inc (ZNGA)

Highlights

The presenter is long shares of Zynga (ZNGA), citing meaningful “self-help” opportunities that will improve margins to industry levels, better than expected performance from new titles like CSR Racing 2 and Dawn of Titans, and a general “re-evaluation” of ZNGA beyond just “the Farmville company.” By the presenter’s model, ZNGA shares could appreciate to $4.00, with short-term catalysts over the next 3 – 6 months that could drive the stock to $3.50 very quickly.

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Idea Discussion

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