Take-Two Interactive Software Inc. [TTWO] fell -17.39% so far this year. What now?

Take-Two Interactive Software Inc. [NASDAQ: TTWO] traded at a low on 06/16/21, posting a -3.89 loss after which it closed the day’ session at $171.65. The company report on June 14, 2021 that Private Division and Supergiant Games Announce Partnership to Publish Physical Edition of Hades on PlayStation® and Xbox Consoles.

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The multi-award-winning rogue-like Game of the Year comes to PlayStation®5, PlayStation®4, Xbox Series X, and Xbox One on August 13th in a boxed edition that includes additional goodies.

Hades is now available for pre-order from your favorite physical retailer.

The results of the trading session contributed to over 3078261 shares changing hands. Over the past one week, the price volatility of Take-Two Interactive Software Inc. stands at 2.82% while the volatility over the past one month is 2.54%.

The market cap for TTWO stock reached $19.70 billion, with 115.10 million shares outstanding and 113.67 million shares in the current float. Compared to the average trading volume of 1.26M shares, TTWO reached a trading volume of 3078261 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 $221.58 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.

Jefferies have made an estimate for Take-Two Interactive Software Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2021. While these analysts kept the previous recommendation, Jefferies dropped their target price from $200 to $185. The new note on the price target was released on April 23, 2021, representing the official price target for Take-Two Interactive Software Inc. stock. Previously, the target price had yet another raise from $205 to $235, while Wells Fargo kept a Overweight rating on TTWO stock. On February 09, 2021, analysts increased their price target for TTWO shares from 200 to 210.

The Average True Range (ATR) for Take-Two Interactive Software Inc. is set at 4.71, with the Price to Sales ratio for TTWO stock in the period of the last 12 months amounting to 5.84. The Price to Book ratio for the last quarter was 5.93, with the Price to Cash per share for the same quarter was set at 23.80. Price to Free Cash Flow for TTWO in the course of the last twelve months was 23.36 with Quick ratio for the last quarter at 1.90.

How has TTWO stock performed recently?

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 -6.50. With this latest performance, TTWO shares gained by 2.04% in over the last four-week period, additionally sinking by -12.06% over the last 6 months – not to mention a rise of 26.52% 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 38.20, with the RSI for the last a single of trading hit 30.85, and the three-weeks RSI is set at 42.05 for Take-Two Interactive Software Inc. [TTWO]. The present Moving Average for the last 50 days of trading for this stock 177.86, while it was recorded at 181.68 for the last single week of trading, and 178.84 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 +19.81 and a Gross Margin at +53.69. Take-Two Interactive Software Inc.’s Net Margin is presently recorded at +17.46.

Return on Total Capital for TTWO is now 21.42, given the latest momentum, and Return on Invested Capital for the company is 19.05. Return on Equity for this stock inclined to 20.06, with Return on Assets sitting at 10.73. 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 5.74. Additionally, TTWO Total Debt to Total Capital is recorded at 5.43, with Total Debt to Total Assets ending up at 3.17. Long-Term Debt to Equity for the company is recorded at 4.79, with the Long-Term Debt to Total Capital now at 4.53.

Reflecting on the efficiency of the workforce at the company, Take-Two Interactive Software Inc. [TTWO] managed to generate an average of $90,668 per employee. Receivables Turnover for the company is 5.06 with a Total Asset Turnover recorded at a value of 0.61.Take-Two Interactive Software Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 1.90.

Earnings analysis for Take-Two Interactive Software Inc. [TTWO]

With the latest financial reports released by the company, Take-Two Interactive Software Inc. posted 2.3/share EPS, while the average EPS was predicted by analysts to be reported at 1.6/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 43.70%. 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 13.69%.

Insider trade positions for Take-Two Interactive Software Inc. [TTWO]

There are presently around $17,784 million, or 91.90% of TTWO stock, in the hands of institutional investors. The top three institutional holders of TTWO stocks are: VANGUARD GROUP INC with ownership of 12,419,208, which is approximately -0.435% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 10,587,922 shares of the stock with an approximate value of $1.82 billion in TTWO stocks shares; and PUBLIC INVESTMENT FUND, currently with $968.11 million in TTWO stock with ownership of nearly 41.959% of the company’s market capitalization.

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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 359 institutional holders increased their position in Take-Two Interactive Software Inc. [NASDAQ:TTWO] by around 9,069,699 shares. Additionally, 363 investors decreased positions by around 12,000,266 shares, while 99 investors held positions by with 82,536,975 shares. The mentioned changes placed institutional holdings at 103,606,940 shares, according to the latest SEC report filing. TTWO stock had 89 new institutional investments in for a total of 645,052 shares, while 103 institutional investors sold positions of 3,558,493 shares during the same period.

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