Several other research firms also recently weighed in on TTWO. Stephens downgraded TAKE-TWO INTERACTIVE SOFTWARE from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 14th. ValuEngine downgraded TAKE-TWO INTERACTIVE SOFTWARE from a “buy” rating to a “hold” rating in a research report on Saturday, January 4th. Exane BNP Paribas raised TAKE-TWO INTERACTIVE SOFTWARE from an “underperform” rating to a “neutral” rating and set a target price on the stock in a research report on Monday, March 2nd. Stifel Nicolaus cut their target price on TAKE-TWO INTERACTIVE SOFTWARE from $142.00 to $135.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Wedbush cut their target price on TAKE-TWO INTERACTIVE SOFTWARE from $144.00 to $131.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have issued a buy rating to the stock. TAKE-TWO INTERACTIVE SOFTWARE presently has an average rating of “Buy” and a consensus price target of $131.17.
NASDAQ TTWO opened at $115.25 on Friday. The company has a market cap of $12.73 billion, a P/E ratio of 38.80, a P/E/G ratio of 2.97 and a beta of 0.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.63 and a current ratio of 1.64. The business’s 50 day moving average price is $112.60 and its 200-day moving average price is $120.98. TAKE-TWO INTERACTIVE SOFTWARE has a fifty-two week low of $87.97 and a fifty-two week high of $135.70.
TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its earnings results on Thursday, February 6th. The company reported $1.63 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.75 by ($0.12). The company had revenue of $930.10 million for the quarter, compared to the consensus estimate of $921.16 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.81% and a return on equity of 15.30%. The business’s revenue for the quarter was down 25.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.57 EPS. As a group, equities analysts predict that TAKE-TWO INTERACTIVE SOFTWARE will post 3.14 EPS for the current year.
Institutional investors have recently made changes to their positions in the business. Heritage Wealth Advisors bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter worth $27,000. Assetmark Inc. grew its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 287.7% during the 4th quarter. Assetmark Inc. now owns 221 shares of the company’s stock worth $27,000 after buying an additional 164 shares in the last quarter. Atticus Wealth Management LLC bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter worth $49,000. Huntington National Bank grew its position in shares of TAKE-TWO INTERACTIVE SOFTWARE by 37.5% during the 4th quarter. Huntington National Bank now owns 455 shares of the company’s stock worth $56,000 after buying an additional 124 shares in the last quarter. Finally, Advisors Preferred LLC bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE during the 4th quarter worth $71,000. 92.02% of the stock is currently owned by institutional investors.
TAKE-TWO INTERACTIVE SOFTWARE Company Profile
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, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.
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