Take-Two Interactive Software Company Profile (NASDAQ:TTWO)

Take-Two Interactive Software trades on the NASDAQ under the ticker symbol "TTWO."

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) released its quarterly earnings results on Tuesday, May, 23rd. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.57 by $0.08. The firm had revenue of $407.20 million for the quarter, compared to analysts' expectations of $354.10 million. Take-Two Interactive Software had a net margin of 3.70% and a return on equity of 22.89%. The firm's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. View Take-Two Interactive Software's Earnings History.

Take-Two Interactive Software is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Take-Two Interactive Software.

17 equities research analysts have issued twelve-month price objectives for Take-Two Interactive Software's shares. Their forecasts range from $48.00 to $87.00. On average, they anticipate Take-Two Interactive Software's share price to reach $72.94 in the next twelve months. View Analyst Ratings for Take-Two Interactive Software.

Here are some recent quotes from research analysts about Take-Two Interactive Software stock:

• 1. According to Zacks Investment Research, "Take Two’s enviable product portfolio that includes Grand Theft Auto, NBA 2K and WWE2K series along with increasing digital revenues will continue to drive growth. Moreover, the company will benefit from the recent acquisition of Barcelona-based mobile games developer, Social Point. Management expects Social Point to contribute 6% of the net revenue in the current fiscal.  The company’s attempts to strengthen its presence in the lucrative e-sports market are prudent in our view. Over the past one year, share prices have vastly outperformed the Zacks categorized Toys/Games/Hobby Prod industry. However, hit-driven and competitive nature of the video game industry begets caution." (7/27/2017)
• 2. Stifel Nicolaus analysts commented, "On Tuesday, Take-Two reported FY3Q results that exceeded expectations, with non-GAAP EPS of $0.99 (vs. $0.89), which beat our estimate ($0.94) and consensus ($0.97) ~ the variance was due largely to better top line, with non-GAAP revenue at $745 million (+53%) or about $15 million higher than our forecast. Digital surged +67%, with bookings from recurrent consumer spending up +55% y/y, propelled by outperformance for the Grand Theft Auto franchise (including GTA Online). FY2017 guidance was increased, and we've made upward adjustments to estimates as well. Overall, we thought this was a solid quarter for Take-Two, believe our investment thesis remains intact, and continue to recommend purchase of the shares." (2/9/2017)
• 3. Benchmark Co. analysts commented, "We view the Company's share price risk / reward profile balancing positive; valuation should benefit from strong execution over conservative guidance, an on-going digital sales opportunity and related margin expansion as the industry accelerates its transition to digital and a strong fiscal '18 growth potential, offset somewhat by an on-going roll forward of anticipated Rockstar games and op-ex growth. We view management as credible, with recent performance generating financial upside; we believe their fiscal '17 guidance is conservative, and note the recent trends in digital and recurring digital spends have demonstrated growth." (2/8/2017)

Take-Two Interactive Software saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 5,908,171 shares, an increase of 35.6% from the June 30th total of 4,356,652 shares. Based on an average daily volume of 1,838,690 shares, the days-to-cover ratio is presently 3.2 days. Approximately 5.8% of the shares of the stock are sold short.

Some companies that are related to Take-Two Interactive Software include Viacom (VIAB), Coach (COH), Hasbro (HAS), Whirlpool Corporation (WHR), Wynn Resorts, Limited (WYNN), Norwegian Cruise Line Holdings (NCLH), New Oriental Education & Technology Group (EDU), TAL Education Group (TAL), Discovery Communications (DISCB), Discovery Communications (DISCA), Scripps Networks Interactive (SNI), Discovery Communications (DISCK), Wynn Macau (WYNMF), Shaw Communications (SJR), Wyndham Worldwide Corp (WYN), Intercontinental Hotels Group (IHG), Melco Crown Entertainment Limited (MLCO) and PVH Corp. (PVH).

Take-Two Interactive Software's management team includes the folowing people:

• Strauss Zelnick, Executive Chairman of the Board, Chief Executive Officer
• Karl Slatoff, President
• Lainie Goldstein, Chief Financial Officer
• Daniel P. Emerson, Executive Vice President, General Counsel
• Michael Dornemann, Lead Independent Director
• Robert A. Bowman, Independent Director
• Jon J. Moses, Independent Director
• Michael J. Sheresky, Independent Director
• LaVerne Evans Srinivasan, Independent Director

Take-Two Interactive Software's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Harbour Capital Advisors LLC (1.66%), Kornitzer Capital Management Inc. KS (0.34%), Rothschild Asset Management Inc. (0.25%), Barometer Capital Management Inc. (0.11%), Gateway Investment Advisers LLC (0.09%) and Great West Life Assurance Co. Can (0.08%). Company insiders that own Take-Two Interactive Software stock include Daniel P Emerson, Jon J Moses, Karl Slatoff, Lainie Goldstein, Michael Dornemann, Michael Sheresky and Strauss Zelnick. View Institutional Ownership Trends for Take-Two Interactive Software.

Take-Two Interactive Software's stock was sold by a variety of institutional investors in the last quarter, including Rothschild Asset Management Inc., Bank of Montreal Can, Russell Investments Group Ltd., Insight Capital Research & Management Inc., Barometer Capital Management Inc., Profit Investment Management LLC, Kornitzer Capital Management Inc. KS and Adams Diversified Equity Fund Inc.. Company insiders that have sold Take-Two Interactive Software stock in the last year include Daniel P Emerson, Karl Slatoff, Lainie Goldstein, Michael Sheresky and Strauss Zelnick. View Insider Buying and Selling for Take-Two Interactive Software.

Take-Two Interactive Software's stock was bought by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, Gateway Investment Advisers LLC, Jag Capital Management LLC, Moody Lynn & Lieberson LLC, Great West Life Assurance Co. Can, Municipal Employees Retirement System of Michigan, KAMES CAPITAL plc and ING Groep NV. View Insider Buying and Selling for Take-Two Interactive Software.

Shares of Take-Two Interactive Software can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Take-Two Interactive Software stock can currently be purchased for approximately $79.71.