Take-Two Interactive Software Inc. [NASDAQ: TTWO] jumped around 0.89 points on Thursday, while shares priced at $166.11 at the close of the session, up 0.54%.
Take-Two Interactive Software Inc. stock is now 35.68% up from its year-to-date (YTD) trading value. TTWO Stock saw the intraday high of $168.03 and lowest of $165.68 per share. The company’s 52-week high price is 180.61, which means current price is +66.11% above from all time high which was touched on 08/04/20.
Compared to the average trading volume of 1.30M shares, TTWO reached a trading volume of 1047069 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $186.50 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 2.00. 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.
BofA Securities have made an estimate for Take-Two Interactive Software Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on August 04, 2020. The new note on the price target was released on June 12, 2020, representing the official price target for Take-Two Interactive Software Inc. stock. Previously, the target price had yet another raise from $120 to $170, while BMO Capital Markets kept a Outperform rating on TTWO stock.
The Average True Range (ATR) for Take-Two Interactive Software Inc. is set at 4.73, with the Price to Sales ratio for TTWO stock in the period of the last 12 months amounting to 5.54. The Price to Book ratio for the last quarter was 7.14, with the Price to Cash per share for the same quarter was set at 20.29. Price to Free Cash Flow for TTWO in the course of the last twelve months was 19.28 with Quick ratio for the last quarter at 1.70.
How has TTWO stock performed recently?
Take-Two Interactive Software Inc. [TTWO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.73. With this latest performance, TTWO shares dropped by -3.70% in over the last four-week period, additionally plugging by 38.99% over the last 6 months – not to mention a rise of 38.82% 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 51.03, with the RSI for the last a single of trading hit 55.65, and the three-weeks RSI is set at 52.97 for Take-Two Interactive Software Inc. [TTWO]. The present Moving Average for the last 50 days of trading for this stock 166.29, while it was recorded at 165.78 for the last single week of trading, and 136.79 for the last 200 days.
Take-Two Interactive Software Inc. [TTWO]: Deeper insight into the 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 Total Capital for TTWO is now 17.88, given the latest momentum, and Return on Invested Capital for the company is 17.10. Return on Equity for this stock inclined to 17.66, with Return on Assets sitting at 8.80. When it comes to the capital structure of this company, Take-Two Interactive Software Inc. [TTWO] has a Total Debt to Total Equity ratio set at 6.98. Additionally, TTWO Total Debt to Total Capital is recorded at 6.52, with Total Debt to Total Assets ending up at 3.58. Long-Term Debt to Equity for the company is recorded at 5.99, with the Long-Term Debt to Total Capital now at 5.60.
Reflecting on the efficiency of the workforce at the company, Take-Two Interactive Software Inc. [TTWO] managed to generate an average of $69,734 per employee. Receivables Turnover for the company is 5.77 with a Total Asset Turnover recorded at a value of 0.67.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 analysis for Take-Two Interactive Software Inc. [TTWO]
With the latest financial reports released by the company, Take-Two Interactive Software Inc. posted 1.93/share EPS, while the average EPS was predicted by analysts to be reported at 1.69/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.20%. 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 14.72%.
Insider trade positions for Take-Two Interactive Software Inc. [TTWO]
There are presently around $17,845 million, or 97.30% of TTWO stock, in the hands of institutional investors. The top three institutional holders of TTWO stocks are: VANGUARD GROUP INC with ownership of 13,111,019, which is approximately -1.77% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 10,312,162 shares of the stock with an approximate value of $1.71 billion in TTWO stocks shares; and STATE STREET CORP, currently with $940.1 million in TTWO stock with ownership of nearly 1.9% of the company’s market capitalization.
Positions in Take-Two Interactive Software Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 387 institutional holders increased their position in Take-Two Interactive Software Inc. [NASDAQ:TTWO] by around 21,536,768 shares. Additionally, 241 investors decreased positions by around 20,258,626 shares, while 74 investors held positions by with 65,633,524 shares. The mentioned changes placed institutional holdings at 107,428,918 shares, according to the latest SEC report filing. TTWO stock had 118 new institutional investments in for a total of 3,310,608 shares, while 60 institutional investors sold positions of 7,629,066 shares during the same period.