Take-Two Interactive Software Inc. [NASDAQ: TTWO] closed the trading session at $177.30 on 07/02/21. The day’s price range saw the stock hit a low of $176.03, while the highest price level was $180.97. The company report on July 1, 2021 that Take-Two Interactive Software Acquires Dynamixyz.
Leader in video-based facial animation services to provide cutting-edge, proprietary technology and services exclusively for Company’s publishing labels and development studios.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced that it has acquired privately-held Dynamixyz, a world-class leader in video-based facial animation services. Founded in 2010 in Cesson-Sévigné, France, Dynamixyz owns and operates a suite of leading-edge, proprietary motion capture, facial-analysis, and full 3D processing tools and technology that combines computer graphics, computer vision, and machine learning. Over the past decade, Dynamixyz has been a valued partner of the entertainment industry, including Take-Two’s wholly-owned labels, Rockstar Games and 2K, and has worked on such acclaimed projects as Red Dead Redemption 2 and NBA 2K21, the animated series Love, Death & Robots, and movies, including Avengers: Endgame. Financial details of the acquisition were not disclosed.
The stocks have a year to date performance of -14.67 percent and weekly performance of 2.00 percent. The stock has been moved at -14.67 percent over the last six months. The stock has performed -0.24 percent around the most recent 30 days and changed -3.32 percent over the most recent 3-months.
If compared to the average trading volume of 1.27M shares, TTWO reached to a volume of 737802 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $222.54 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.
MoffettNathanson 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 24, 2021. While these analysts kept the previous recommendation, Jefferies raised their target price from $185 to $231. The new note on the price target was released on June 03, 2021, representing the official price target for Take-Two Interactive Software Inc. stock. Previously, the target price had yet another drop from $200 to $185, while Jefferies kept a Hold rating on TTWO stock. On February 09, 2021, analysts increased their price target for TTWO shares from 205 to 235.
The Average True Range (ATR) for Take-Two Interactive Software Inc. is set at 3.94, with the Price to Sales ratio for TTWO stock in the period of the last 12 months amounting to 6.14. The Price to Book ratio for the last quarter was 6.12, with the Price to Cash per share for the same quarter was set at 23.40. Price to Free Cash Flow for TTWO in the course of the last twelve months was 24.54 with Quick ratio for the last quarter at 1.90.
TTWO stock trade performance evaluation
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 2.00. With this latest performance, TTWO shares dropped by -0.24% in over the last four-week period, additionally sinking by -14.67% over the last 6 months – not to mention a rise of 22.78% 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 49.81, with the RSI for the last a single of trading hit 50.49, and the three-weeks RSI is set at 49.67 for Take-Two Interactive Software Inc. [TTWO]. The present Moving Average for the last 50 days of trading for this stock 176.46, while it was recorded at 177.90 for the last single week of trading, and 179.63 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 +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 per share (EPS) analysis for Take-Two Interactive Software Inc. [TTWO] stock
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%.
Take-Two Interactive Software Inc. [TTWO]: Insider Ownership positions
There are presently around $18,363 million, or 91.50% 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 $1.88 billion in TTWO stocks shares; and PUBLIC INVESTMENT FUND, currently with $999.97 million in TTWO stock with ownership of nearly 41.959% 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 355 institutional holders increased their position in Take-Two Interactive Software Inc. [NASDAQ:TTWO] by around 9,050,074 shares. Additionally, 362 investors decreased positions by around 11,991,968 shares, while 97 investors held positions by with 82,529,223 shares. The mentioned changes placed institutional holdings at 103,571,265 shares, according to the latest SEC report filing. TTWO stock had 87 new institutional investments in for a total of 637,055 shares, while 102 institutional investors sold positions of 3,557,277 shares during the same period.