Take-Two Interactive Software, Inc. [TTWO] stock prices are up 2.22% to $148.43 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TTWO shares have gain 2.44% over the last week, with a monthly amount drifted -2.31%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Take-Two Interactive Software, Inc. [NASDAQ: TTWO] stock has seen the most recent analyst activity on February 05, 2024, when MoffettNathanson downgraded its rating to a Neutral and also revised its price target to $167 from $169. Previously, BMO Capital Markets started tracking the stock with Outperform rating on January 09, 2024, and set its price target to $200. On December 12, 2023, Wolfe Research initiated with a Outperform rating and assigned a price target of $186 on the stock. BofA Securities downgraded its rating to a Neutral but stick to its price target of $170 on December 07, 2023. Deutsche Bank upgraded its rating to a Buy and raised its price target to $175 on November 14, 2023. Raymond James upgraded its rating to Outperform for this stock on October 11, 2023, but kept the price target unchanged to $170. In a note dated July 25, 2023, HSBC Securities initiated an Buy rating and provided a target price of $170 on this stock.
The stock price of Take-Two Interactive Software, Inc. [TTWO] has been fluctuating between $113.51 and $171.59 over the past year. Currently, Wall Street analysts expect the stock to reach $169.38 within the next 12 months. Take-Two Interactive Software, Inc. [NASDAQ: TTWO] shares were valued at $148.43 at the most recent close of the market. An investor can expect a potential return of 14.11% based on the average TTWO price forecast.
Analyzing the TTWO fundamentals
The Take-Two Interactive Software, Inc. [NASDAQ:TTWO] reported sales of 5.40B for trailing twelve months, representing a drop of -2.95%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.27%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.17 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 145.90 points at the first support level, and at 143.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.19, and for the 2nd resistance point, it is at 151.94.
Take-Two Interactive Software, Inc. [TTWO] reported earnings per share of $0.71 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.72/share, meaning a difference of -$0.01 and a surprise factor of -1.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.22 per share as compared to estimates of $1.03 per share, a difference of $0.19 representing a surprise of 18.40%.
Ratios To Look Out For
It’s worth pointing out that Take-Two Interactive Software, Inc. [NASDAQ:TTWO]’s Current Ratio is 0.82. As well, the Quick Ratio is 0.82, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 4.69, the price to book ratio is 2.97.
Transactions by insiders
Recent insider trading involved Sheresky Michael, Director, that happened on Feb 15 ’24 when 260.0 shares were sold. Chief Financial Officer, Goldstein Lainie completed a deal on Dec 06 ’23 to sell 20701.0 shares. Meanwhile, Chairman, CEO ZELNICK STRAUSS sold 8000.0 shares on Dec 06 ’23.
