Of the 16 analysts covering the stock, 44% recommend a buy while 44% suggest a hold. Analysts polled by Bloomberg expect the stock to gain an average 5.1% to $8.2 in the upcoming 12 months.
For 2010 fourth quarter, the company's net profit surged 17% to $35 million on improved revenue. Excluding stock-based compensation, earnings per share increased 18.4% to 16 cents. Net revenue multiplied to $55.8 million, mainly generated from its ZT online series gaming. Meanwhile, during the quarter, active subscriptions for online games were up 49% to 1.7 million, compared to the year earlier. The company recently declared a cash dividend of 18 cents per share on its outstanding shares.For 2011 first quarter, the company expects sequential growth in its top-line. A strategy to expand the online games market coupled with effective cost structures will generate attractive results in the year to come. In addition, in the second quarter of 2011, the company plans to conduct additional testing for Dragon Soul, a game launched in 2010 fourth quarter. This game would extend beyond the home market.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV