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The Zacks Analyst Blog Highlights: Zynga, Disney and 21st Century Fox
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For Immediate Release
Chicago, IL – August 23, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Zynga , Disney (DIS - Free Report) and 21st Century Fox (FOXA - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
What Does Zynga’s Partnership with Disney (DIS - Free Report) Have in Store?
Just recently, gaming company Zynga and media giant Disney signed a partnership deal for Zynga to develop video games based on the Star Wars franchise. Just today, the multi-year partnership has pushed ZNGA's stock upwards by 8%. The developer will initially start off with two free-to-play mobile games, which will be based off of the Star Wars: Commander game released in 2014.
Recent performances of the companies, as well as other factors, will help both Disney and Zynga earn attraction and user success.
Disney’s Current Position
Overall, Disney saw a 21% increase year-over-year in revenue, whereas the Consumer Products & Interactive Media sector revenues decreased by 8%. As stated in their quarterly report, this is due to the fact that there was a decrease in operating income from licensing activities, driven by lower revenue from products based on Spider-Man and Cars.
Disney has seen a number of partnerships with different gaming companies in order to produce content. For example, it recently partnered with 21st Century Fox’s video game division FoxNext. This past year has been quite big for Disney with its Marvel franchise. The most revenue came from that specific division and has been doing well with the video game sector as well. However, in order to gain more valuation, Disney will need to see a large push in its video game industry.
Zynga Trying to Find its Place in the Gaming Market
In 2014, Zynga's business didn't do so well, due to a decrease in its user base and lack of new game launches. Zynga sees very high competition with other developers in its market, but its partnership with Disney could potentially reel the company out of its slump. Zynga expects the partnership to boost users and its presence in the gaming market.
In its most recent quarterly report, the company saw a 4% increase in revenue, as well as a 12% increase in mobile DAU's and a 10% increase in mobile MAU's. As we all know, Disney is a huge media giant and one of the most popular in the industry. So this partnership, more so, would be benefiting Zynga in the long run.
Mobile Video Game Popularity
Most people would think that a majority of video game users come from PCs, PlayStation or Xbox. However, in a recent study done by NewZoo, between mobile, PC and console games, mobile had the largest global games market at 51%, or $70 billion. According to Refinery29, mobile gaming seems to be more convenient and efficient, especially for people on the go. Although gaming on computers and consoles are still intact, users are seemingly taking the easier route, which in turn increases user demographics for mobile video games.
Bottom Line
Zynga’s partnership will prove to be a beneficial one for both companies, respectively. If the developer creates a game which could spike user growth, especially from the Star Wars fan base, it could really help boost Zynga’s presence in the market.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: Zynga, Disney and 21st Century Fox
For Immediate Release
Chicago, IL – August 23, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Zynga , Disney (DIS - Free Report) and 21st Century Fox (FOXA - Free Report) .
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday’s Analyst Blog:
What Does Zynga’s Partnership with Disney (DIS - Free Report) Have in Store?
Just recently, gaming company Zynga and media giant Disney signed a partnership deal for Zynga to develop video games based on the Star Wars franchise. Just today, the multi-year partnership has pushed ZNGA's stock upwards by 8%. The developer will initially start off with two free-to-play mobile games, which will be based off of the Star Wars: Commander game released in 2014.
Recent performances of the companies, as well as other factors, will help both Disney and Zynga earn attraction and user success.
Disney’s Current Position
Overall, Disney saw a 21% increase year-over-year in revenue, whereas the Consumer Products & Interactive Media sector revenues decreased by 8%. As stated in their quarterly report, this is due to the fact that there was a decrease in operating income from licensing activities, driven by lower revenue from products based on Spider-Man and Cars.
Disney has seen a number of partnerships with different gaming companies in order to produce content. For example, it recently partnered with 21st Century Fox’s video game division FoxNext. This past year has been quite big for Disney with its Marvel franchise. The most revenue came from that specific division and has been doing well with the video game sector as well. However, in order to gain more valuation, Disney will need to see a large push in its video game industry.
Zynga Trying to Find its Place in the Gaming Market
In 2014, Zynga's business didn't do so well, due to a decrease in its user base and lack of new game launches. Zynga sees very high competition with other developers in its market, but its partnership with Disney could potentially reel the company out of its slump. Zynga expects the partnership to boost users and its presence in the gaming market.
In its most recent quarterly report, the company saw a 4% increase in revenue, as well as a 12% increase in mobile DAU's and a 10% increase in mobile MAU's. As we all know, Disney is a huge media giant and one of the most popular in the industry. So this partnership, more so, would be benefiting Zynga in the long run.
Mobile Video Game Popularity
Most people would think that a majority of video game users come from PCs, PlayStation or Xbox. However, in a recent study done by NewZoo, between mobile, PC and console games, mobile had the largest global games market at 51%, or $70 billion. According to Refinery29, mobile gaming seems to be more convenient and efficient, especially for people on the go. Although gaming on computers and consoles are still intact, users are seemingly taking the easier route, which in turn increases user demographics for mobile video games.
Bottom Line
Zynga’s partnership will prove to be a beneficial one for both companies, respectively. If the developer creates a game which could spike user growth, especially from the Star Wars fan base, it could really help boost Zynga’s presence in the market.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.