News headlines about Take-Two Interactive (NASDAQ:TTWO) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Take-Two Interactive earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.5173233312559 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s rankings:
- Why one investor is hot on Take Two, the company behind Grand Theft Auto (cnbc.com)
- Take-Two Interactive (TTWO) Rating Reiterated by Credit Suisse Group (americanbankingnews.com)
- Take-Two Interactive (TTWO) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- New BioShock Game is in Development, Says Report (gamerant.com)
- Take-Two Interactive’s (TTWO) Overweight Rating Reaffirmed at Piper Jaffray (americanbankingnews.com)
Several equities analysts have commented on TTWO shares. BidaskClub cut shares of Take-Two Interactive from a “hold” rating to a “sell” rating in a research report on Friday, March 30th. Morgan Stanley started coverage on shares of Take-Two Interactive in a research report on Thursday, February 1st. They set an “overweight” rating and a $150.00 target price on the stock. Zacks Investment Research cut shares of Take-Two Interactive from a “hold” rating to a “sell” rating in a research report on Thursday. KeyCorp reissued a “buy” rating on shares of Take-Two Interactive in a research report on Tuesday, December 19th. Finally, Hilliard Lyons raised shares of Take-Two Interactive from an “underperform” rating to a “neutral” rating in a research report on Friday, February 9th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eighteen have given a buy rating to the company’s stock. Take-Two Interactive presently has a consensus rating of “Buy” and a consensus target price of $123.48.
Shares of NASDAQ:TTWO traded up $1.28 during mid-day trading on Monday, reaching $98.47. The company had a trading volume of 1,004,901 shares, compared to its average volume of 2,732,197. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $11,118.37, a PE ratio of 51.55, a price-to-earnings-growth ratio of 1.53 and a beta of 1.04. Take-Two Interactive has a one year low of $57.55 and a one year high of $129.25.
Take-Two Interactive (NASDAQ:TTWO) last posted its quarterly earnings results on Wednesday, February 7th. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.34. The company had revenue of $653.94 million for the quarter, compared to analysts’ expectations of $669.08 million. Take-Two Interactive had a net margin of 9.43% and a return on equity of 27.78%. research analysts predict that Take-Two Interactive will post 2.43 earnings per share for the current year.
In related news, CEO Strauss Zelnick sold 252,197 shares of Take-Two Interactive stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $95.63, for a total value of $24,117,599.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Karl Slatoff sold 12,263 shares of Take-Two Interactive stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $93.95, for a total transaction of $1,152,108.85. The disclosure for this sale can be found here. Insiders sold a total of 492,559 shares of company stock worth $47,115,477 in the last ninety days. 1.55% of the stock is currently owned by insiders.
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About Take-Two Interactive
Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.
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