TAKE-TWO INTERACTIVE SOFTWARE Stock Price, Forecast & Analysis (NASDAQ:TTWO)

TAKE-TWO INTERACTIVE SOFTWARE trades on the NASDAQ under the ticker symbol "TTWO."

TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) announced its earnings results on Thursday, November, 7th. The company reported $2.02 EPS for the quarter, beating the Zacks' consensus estimate of $1.24 by $0.78. The firm had revenue of $950.50 million for the quarter, compared to analysts' expectations of $926.91 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.14% and a return on equity of 26.81%. The company's quarterly revenue was up 62.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 EPS. View TAKE-TWO INTERACTIVE SOFTWARE's Earnings History.

TAKE-TWO INTERACTIVE SOFTWARE is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for TAKE-TWO INTERACTIVE SOFTWARE.

TAKE-TWO INTERACTIVE SOFTWARE updated its FY20 earnings guidance on Thursday, November, 7th. The company provided earnings per share (EPS) guidance of $3.38-3.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.04. The company issued revenue guidance of $2.75-2.85 billion, compared to the consensus revenue estimate of $2.80 billion.

22 analysts have issued 12-month price targets for TAKE-TWO INTERACTIVE SOFTWARE's stock. Their forecasts range from $114.00 to $150.00. On average, they expect TAKE-TWO INTERACTIVE SOFTWARE's share price to reach $134.30 in the next twelve months. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for TAKE-TWO INTERACTIVE SOFTWARE.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TAKE-TWO INTERACTIVE SOFTWARE in the last year. There are currently 4 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TAKE-TWO INTERACTIVE SOFTWARE.

Headlines about TTWO stock have trended very negative recently, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. TAKE-TWO INTERACTIVE SOFTWARE earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View News Stories for TAKE-TWO INTERACTIVE SOFTWARE.

TAKE-TWO INTERACTIVE SOFTWARE saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 2,330,000 shares, a decrease of 19.7% from the September 15th total of 2,900,000 shares. Based on an average trading volume of 1,480,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 2.1% of the shares of the stock are sold short. View TAKE-TWO INTERACTIVE SOFTWARE's Current Options Chain.

Some companies that are related to TAKE-TWO INTERACTIVE SOFTWARE include Activision Blizzard (ATVI), Electronic Arts (EA), Zynga (ZNGA), Glu Mobile (GLUU) and Rosetta Stone (RST).

Based on aggregate information from My MarketBeat watchlists, some companies that other TAKE-TWO INTERACTIVE SOFTWARE investors own include NVIDIA (NVDA), Alibaba Group (BABA), Activision Blizzard (ATVI), Micron Technology (MU), Netflix (NFLX), salesforce.com (CRM), Walt Disney (DIS), Paypal (PYPL), Adobe (ADBE) and Visa (V).

TAKE-TWO INTERACTIVE SOFTWARE's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.72%), Congress Asset Management Co. MA (0.58%), Robeco Institutional Asset Management B.V. (0.50%), Russell Investments Group Ltd. (0.47%), Sumitomo Mitsui Trust Holdings Inc. (0.38%) and Eagle Asset Management Inc. (0.37%). Company insiders that own TAKE-TWO INTERACTIVE SOFTWARE stock include Daniel P Emerson, Karl Slatoff, Lainie Goldstein, Michael Sheresky, Paul E Viera and Strauss Zelnick. View Institutional Ownership Trends for TAKE-TWO INTERACTIVE SOFTWARE.

TTWO stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, Russell Investments Group Ltd., Gabelli Funds LLC, Gateway Investment Advisers LLC, SG Americas Securities LLC, Congress Asset Management Co. MA, Great West Life Assurance Co. Can and CIBC Asset Management Inc. Company insiders that have sold TAKE-TWO INTERACTIVE SOFTWARE company stock in the last year include Daniel P Emerson, Michael Sheresky and Strauss Zelnick. View Insider Buying and Selling for TAKE-TWO INTERACTIVE SOFTWARE.

TTWO stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, First Trust Advisors LP, Robeco Institutional Asset Management B.V., California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Mackay Shields LLC, Chicago Equity Partners LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for TAKE-TWO INTERACTIVE SOFTWARE.

Shares of TTWO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TTWO stock can currently be purchased for approximately $123.82.

TAKE-TWO INTERACTIVE SOFTWARE has a market capitalization of $14.03 billion and generates $2.67 billion in revenue each year. The company earns $333.84 million in net income (profit) each year or $3.88 on an earnings per share basis. TAKE-TWO INTERACTIVE SOFTWARE employs 4,894 workers across the globe.View Additional Information About TAKE-TWO INTERACTIVE SOFTWARE.

The official website for TAKE-TWO INTERACTIVE SOFTWARE is http://www.thetradedesk.com/.

TAKE-TWO INTERACTIVE SOFTWARE's mailing address is 110 West 44th Street, New York NY, 10036. The company can be reached via phone at 646-536-2842 or via email at [email protected]