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 earnings results on Wednesday, August, 2nd. The company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.25. The company had revenue of $348.30 million for the quarter, compared to the consensus estimate of $280.70 million. Take-Two Interactive Software had a net margin of 8.73% and a return on equity of 28.89%. Take-Two Interactive Software's quarterly revenue was up 27.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.21) EPS. View Take-Two Interactive Software's Earnings History.

Take-Two Interactive Software is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Take-Two Interactive Software.

21 brokers have issued 1-year price objectives for Take-Two Interactive Software's stock. Their forecasts range from $48.00 to $125.00. On average, they anticipate Take-Two Interactive Software's stock price to reach $94.20 in the next year. 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)

Some companies that are related to Take-Two Interactive Software include Sky Plc (SKYAY), Mohawk Industries (MHK), MGM Resorts International (MGM), TAL Education Group (TAL), Liberty Broadband Corporation (LBRDK), Liberty Broadband Corporation (LBRDA), Wynn Resorts, Limited (WYNN), New Oriental Education & Technology Group (EDU), Carnival Corporation (CUK), Viacom (VIA), Wynn Macau (WYNMF), Whirlpool Corporation (WHR), Hasbro (HAS), Norwegian Cruise Line Holdings (NCLH), Grupo Televisa S.A. (TV), Melco Crown Entertainment Limited (MLCO), Coach (COH) and Wyndham Worldwide Corp (WYN).

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 Srinivasan, Independent Director

Take-Two Interactive Software's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Barometer Capital Management Inc. (0.12%), Mutual of America Capital Management LLC (0.12%), Shell Asset Management Co. (0.10%), Assenagon Asset Management S.A. (0.05%), APG Asset Management N.V. (0.04%) and State Treasurer State of Michigan (0.04%). 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 Mutual of America Capital Management LLC, Profit Investment Management LLC, State Treasurer State of Michigan and Sit Investment Associates Inc.. Company insiders that have sold Take-Two Interactive Software stock in the last year include Daniel P Emerson, Karl Slatoff, Lainie Goldstein, Michael Dornemann, 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 Shell Asset Management Co., Assenagon Asset Management S.A., APG Asset Management N.V., Barometer Capital Management Inc., Wealth Enhancement Advisory Services LLC, Meeder Asset Management Inc., Oakbrook Investments LLC and Quantitative Systematic Strategies LLC. 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 $104.93.