Take-Two Interactive Software - TTWO Stock Forecast, Price & News

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises. The company also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier's Civilization, XCOM series, and Borderlands. In addition, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; and PGA TOUR 2K. Further, the company offers Kerbal Space Program, OlliOlli World, and The Outer Worlds and Ancestors: the Humankind Odyssey under Private Division; and free-to-play mobile games, such as Dragon City, Monster Legends, Two Dots, and Top Eleven. Its products are designed for console gaming systems, including PlayStation 4 and PlayStation 5; Xbox One; the Nintendo's Switch; personal computers; and mobile comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Sanford C. Bernstein assumed coverage on shares of Take-Two Interactive Software in a report on Friday, April 22nd. They issued an "outperform" rating and a $173.00 target price for the company. Robert W. Baird decreased their target price on shares of Take-Two Interactive Software from $145.00 to $140.00 and set an "outperform" rating for the company in a report on Tuesday, August 9th. Barclays lifted their target price on shares of Take-Two Interactive Software to $175.00 in a report on Monday. UBS Group decreased their target price on shares of Take-Two Interactive Software from $185.00 to $143.00 and set a "neutral" rating for the company in a report on Wednesday, June 29th. Finally, JPMorgan Chase & Co. began coverage on shares of Take-Two Interactive Software in a report on Thursday, June 9th. They issued an "overweight" rating and a $175.00 target price for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $171.08.

Take-Two Interactive Software Price Performance

Shares of Take-Two Interactive Software stock opened at $136.59 on Wednesday. Take-Two Interactive Software has a one year low of $101.85 and a one year high of $195.82. The stock's fifty day moving average is $126.84 and its 200 day moving average is $137.28. The stock has a market cap of $15.82 billion, a P/E ratio of 89.86, a P/E/G ratio of 1.56 and a beta of 0.74. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.92 and a current ratio of 0.92.

Take-Two Interactive Software (NASDAQ:TTWO - Get Rating) last announced its earnings results on Monday, August 8th. The company reported ($0.76) EPS for the quarter, missing analysts' consensus estimates of $0.84 by ($1.60). Take-Two Interactive Software had a return on equity of 8.21% and a net margin of 4.26%. The company had revenue of $1,000.00 million during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the business posted $0.70 earnings per share. Take-Two Interactive Software's revenue for the quarter was up 40.6% compared to the same quarter last year. Sell-side analysts anticipate that Take-Two Interactive Software will post 4.34 earnings per share for the current year.

Insider Buying and Selling at Take-Two Interactive Software

In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 3,381 shares of the firm's stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $124.23, for a total transaction of $420,021.63. Following the sale, the insider now directly owns 92,191 shares of the company's stock, valued at $11,452,887.93. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Take-Two Interactive Software news, insider Daniel P. Emerson sold 3,125 shares of the firm's stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $127.78, for a total transaction of $399,312.50. Following the sale, the insider now directly owns 95,572 shares of the company's stock, valued at $12,212,190.16. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Daniel P. Emerson sold 3,381 shares of the firm's stock in a transaction dated Wednesday, June 15th. The shares were sold at an average price of $124.23, for a total value of $420,021.63. Following the sale, the insider now directly owns 92,191 shares in the company, valued at $11,452,887.93. The disclosure for this sale can be found here. Insiders own 1.13% of the company's stock.