Monday, November 30, 2020

Take-Two Interactive Software Inc. [TTWO] Revenue clocked in at $3.09 billion, up 10.10% YTD: What’s Next?

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Take-Two Interactive Software Inc. [NASDAQ: TTWO] closed the trading session at $134.80 on 06/08/20. The day’s price range saw the stock hit a low of $125.78, while the highest price level was $134.98. The stocks have a year to date performance of 10.10 percent and weekly performance of -1.04 percent. The stock has been moved at 8.74 percent over the last six months. The stock has performed 4.67 percent around the most recent 30 days and changed 18.37 percent over the most recent 3-months.

If compared to the average trading volume of 2.61M shares, TTWO reached to a volume of 2943897 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here’s what leading stock market gurus have to say about Take-Two Interactive Software Inc. [TTWO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TTWO shares is $147.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TTWO stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BMO Capital Markets have made an estimate for Take-Two Interactive Software Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 26, 2020. The new note on the price target was released on May 21, 2020, representing the official price target for Take-Two Interactive Software Inc. stock. Previously, the target price had yet another raise from $142 to $149, while The Benchmark Company kept a Buy rating on TTWO stock.

The Average True Range (ATR) for Take-Two Interactive Software Inc. is set at 5.21, with the Price to Sales ratio for TTWO stock in the period of the last 12 months amounting to 4.92. The Price to Book ratio for the last quarter was 6.02, with the Price to Cash per share for the same quarter was set at 17.75. Price to Free Cash Flow for TTWO in the course of the last twelve months was 24.04 with Quick ratio for the last quarter at 1.70.

TTWO stock trade performance evaluation

Take-Two Interactive Software Inc. [TTWO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.04. With this latest performance, TTWO shares gained by 4.67% in over the last four-week period, additionally plugging by 8.74% over the last 6 months – not to mention a rise of 20.73% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TTWO stock in for the last two-week period is set at 54.71, with the RSI for the last a single of trading hit 54.16, and the three-weeks RSI is set at 54.60 for Take-Two Interactive Software Inc. [TTWO]. The present Moving Average for the last 50 days of trading for this stock 127.37, while it was recorded at 131.04 for the last single week of trading, and 123.12 for the last 200 days.

Take-Two Interactive Software Inc. [TTWO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Take-Two Interactive Software Inc. [TTWO] shares currently have an operating margin of +13.77 and a Gross Margin at +48.31. Take-Two Interactive Software Inc.’s Net Margin is presently recorded at +13.09.

Return on Equity for this stock inclined to 17.66, with Return on Assets sitting at 8.80.

Take-Two Interactive Software Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for Take-Two Interactive Software Inc. [TTWO] stock

With the latest financial reports released by the company, Take-Two Interactive Software Inc. posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.02/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 1,250.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TTWO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Take-Two Interactive Software Inc. go to 13.32%.

Take-Two Interactive Software Inc. [TTWO]: Insider Ownership positions

There are presently around $13,728 million, or 96.00% of TTWO stock, in the hands of institutional investors. The top three institutional holders of TTWO stocks are: VANGUARD GROUP INC with ownership of 13,347,210, which is approximately 1.931% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 8,190,108 shares of the stock with an approximate value of $1.06 billion in TTWO stocks shares; and STATE STREET CORP, currently with $715.96 million in TTWO stock with ownership of nearly 5.596% of the company’s market capitalization.

Positions in Take-Two Interactive Software Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 297 institutional holders increased their position in Take-Two Interactive Software Inc. [NASDAQ:TTWO] by around 18,436,713 shares. Additionally, 333 investors decreased positions by around 16,825,848 shares, while 71 investors held positions by with 71,230,229 shares. The mentioned changes placed institutional holdings at 106,492,790 shares, according to the latest SEC report filing. TTWO stock had 88 new institutional investments in for a total of 6,666,252 shares, while 104 institutional investors sold positions of 3,716,003 shares during the same period.

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