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) posted its earnings results on Tuesday, May, 23rd. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.08. The business had revenue of $407.20 million for the quarter, compared to analyst estimates of $354.10 million. Take-Two Interactive Software had a net margin of 3.70% and a return on equity of 22.89%. The company's revenue for the quarter was up 18.9% on a year-over-year basis. During the same period in the prior year, the company posted $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 brokerages have issued 12-month price objectives for Take-Two Interactive Software's shares. Their forecasts range from $48.00 to $87.00. On average, they expect Take-Two Interactive Software's share price to reach $72.94 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 Interactive Software, Inc. is a leading worldwide developer, publisher and distributor of interactive software games. The company's software operates on multimedia personal computers and video game console platforms. They are one of the largest distributors of interactive software games in the United States and one of the top publishers of interactive software games in Europe. " (7/13/2017)
• 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 during 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 short-interest ratio is presently 3.2 days. Approximately 5.8% of the shares of the company are sold short.

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

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 number of of retail and institutional investors. Top institutional investors include Barometer Capital Management Inc. (0.11%), Gateway Investment Advisers LLC (0.09%), Jag Capital Management LLC (0.05%), Russell Investments Group Ltd. (0.05%), State Treasurer State of Michigan (0.04%) and Bank of Montreal Can (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 Bank of Montreal Can, Russell Investments Group Ltd., Insight Capital Research & Management Inc., Barometer Capital Management Inc., Profit Investment Management LLC, Adams Diversified Equity Fund Inc., Sit Investment Associates Inc. and Nisa Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Jag Capital Management LLC, KAMES CAPITAL plc, ING Groep NV, Glaxis Capital Management LLC, Breton Hill Capital Ltd., Quantitative Systematic Strategies LLC and Creative Planning. 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 $80.85.