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

Take-Two Interactive Software is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Take-Two Interactive Software.

18 analysts have issued 12-month price targets for Take-Two Interactive Software's shares. Their predictions range from $48.00 to $108.00. On average, they expect Take-Two Interactive Software's share price to reach $85.59 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 drop in short interest in the month of July. As of July 31st, there was short interest totalling 4,462,765 shares, a drop of 24.5% from the July 14th total of 5,908,171 shares. Based on an average trading volume of 2,125,093 shares, the days-to-cover ratio is presently 2.1 days. Currently, 4.3% of the company's stock are short sold.

Some companies that are related to Take-Two Interactive Software include Mohawk Industries (MHK), Liberty Broadband Corporation (LBRDK), Liberty Broadband Corporation (LBRDA), MGM Resorts International (MGM), Viacom (VIA), Sharp Corp. (SHCAY), Wynn Resorts, Limited (WYNN), Discovery Communications (DISCB), Norwegian Cruise Line Holdings (NCLH), Discovery Communications (DISCA), Whirlpool Corporation (WHR), New Oriental Education & Technology Group (EDU), Hasbro (HAS), Discovery Communications (DISCK), Viacom (VIAB), Coach (COH), Wynn Macau (WYNMF) and Scripps Networks Interactive (SNI).

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 shareholders include Vanguard Group Inc. (7.93%), JPMorgan Chase & Co. (3.93%), State Street Corp (2.55%), Alliancebernstein L.P. (2.45%), Renaissance Technologies LLC (1.84%) and Harbour Capital Advisors LLC (1.66%). 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 Alliancebernstein L.P., Victory Capital Management Inc., Northern Trust Corp, Rothschild Asset Management Inc., State Street Corp, Royal Bank of Canada, Artemis Investment Management LLP and Arrowstreet Capital Limited Partnership. 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 purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Harbour Capital Advisors LLC, Jackson Square Partners LLC, Macquarie Group Ltd., Newbrook Capital Advisors LP, Gilder Gagnon Howe & Co. LLC, Wedge Capital Management L L P NC and Marshall Wace North America L.P.. 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 $90.94.