ZYNGA (NASDAQ: ZNGA) does not pay a dividend.
Similarly, Is Zynga overvalued?
Is Zynga Overvalued? Market consensus expects Zynga’s revenue and EBITDA to grow by +35% and 20% YoY to $2,667 million and $674 million, respectively in FY 2021. But the strong growth is largely factored into Zynga’s share price as evidenced by the company’s rich valuations.
What dividend does Zynga pay? Historical dividend payout and yield for Zynga (ZNGA) since 1971. The current TTM dividend payout for Zynga (ZNGA) as of March 29, 2022 is $0.00. The current dividend yield for Zynga as of March 29, 2022 is 0.00%.
Thereof, Is Zynga a public company?
The company primarily focuses on mobile and social networking platforms. Zynga states its mission as « connecting the world through games ».
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Zynga.
| Type of site | Public |
|---|---|
| Total assets | US$ 6.21 billion (2020) |
| Total equity | US$ 2.94 billion (2020) |
| Employees | 2,245 (2020) |
| Parent | Take-Two Interactive |
Is Zynga a good stock to buy 2020?
The stock is a better value
The stock’s price-to-sales ratio has dropped from 6 in 2020 to 3.9 at current price levels. That’s a huge discount to top gaming stocks that trade between 5.7 to 7.3 times sales. At this level, Zynga offers a combination of value and growth, which makes it a great buy, in my opinion.
What happens to Zynga stock after merger?
Under the terms of the deal, Zynga stockholders will receive $3.50 in cash and $6.36 in stock when the transaction closes, for a total of $9.86 per Zynga share.
Is Zynga a profitable company?
The San Francisco-based Zynga’s revenue was $705 million, up 40% year-over-year; and bookings of $668 million, up 6% year-over-year. In after-hours trading, Zynga’s stock price is up 6% to $7.41 a share.
What does the company Zynga do?
Company Description
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.
Where can I find stock dividend history?
Sites like CNBC, Morningstar, The Wall Street Journal, and Investopedia are all great resources available for researching dividend data. For example, on Investopedia’s Markets Today page, you can use the stock search tool to enter the company name or ticker symbol that you’re researching.
What happens to Zynga stockholders?
Under the terms of the deal, Zynga stockholders will receive $3.50 in cash and $6.36 in stock when the transaction closes, for a total of $9.86 per Zynga share. The purchase price is a premium of 64% to Zynga’s closing price on Jan. 7.
Does Facebook own Zynga?
We knew that Zynga had to share virtual goods revenue and spend advertising on Facebook, but this goes beyond a tax. This is control. Facebook decides what games Zynga can launch, and when, and how successful these games will be.
Who purchased Zynga?
Take-Two Interactive just made the biggest acquisition in the history of the video game industry, agreeing on Monday to buy arguably the most well-known name in social gaming, Zynga, for $12.7 billion.
Who is buying Zynga?
In a tie-up of two massive but very different makers of video games, Take-Two Interactive TTWO -0.8% agreed today to buy Zynga ZNGA +0.1% in a cash-and-stock takeover worth $12.7 billion. It’s the biggest acquisition of all time in the video game space.
Why is Zynga a strong buy?
Key Points. Despite headwinds in the ad business, Zynga reported strong earnings results in the third quarter. Advertising bookings nearly doubled year over year. Zynga is building momentum in advertising ahead of several new releases in the pipeline.
Is Zynga still popular?
In 2017, its most successful games were Zynga Poker and Words with Friends 2, with about 57 million games being played at any given moment ; and CSR Racing 2, the most popular racing game on mobile devices.
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Zynga.
| Type of site | Public |
|---|---|
| Users | 134 million monthly active users (2020) 36 million daily active users (2020) |
What company buys Zynga?
Take-Two Interactive just made the biggest acquisition in the history of the video game industry, agreeing on Monday to buy arguably the most well-known name in social gaming, Zynga, for $12.7 billion.
Who owns Zynga?
Take-Two Interactive, the game publisher behind Grand Theft Auto and 2K Sports, has agreed to acquire Zynga for a mix of cash and stock in a deal worth $12.7 billion, the two companies announced Monday. The number represents the highest ever acquisition deal between gaming companies.
Why is Zynga not profitable?
The second-quarter profit was a surprise at mobile-videogame company Zynga, but shares are falling because fewer people are playing. Zynga stock was plunging after the company signaled that people were spending less time playing mobile games as the economies in the U.S. and elsewhere begin to reopen.
Is Zynga losing money?
In the three-month period ending December 31, 2021, Zynga earned $695 million in revenue, a 12 percent rise in revenue over the same quarter in 2020. Losses also increased from $53 million to $67 million. But even with increased losses in the holiday quarter, Zynga still earned much more money in all of 2021.
How does Zynga make money?
But how does Zynga make money, exactly? Two ways: From the sale of so-called virtual goods, which are used as currency within Zynga’s online games and are items that help the player in the game, and. From advertising, both in and around its games.
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