A share price of Take-Two Interactive Software, Inc. [TTWO] is currently trading at $149.57, down -0.29%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TTWO shares have gain 2.35% over the last week, with a monthly amount drifted -0.51%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 27, March 2024, Take-Two Interactive Software, Inc. to Acquire The Gearbox Entertainment Company Inc., Developer of Highly Successful Borderlands Franchise. In a post published today on Yahoo Finance, Transaction valued at $460 million; expected to close in the first quarter of Take-Two’s Fiscal Year 2025.
From an analyst’s perspective:
Previously, MoffettNathanson downgraded its rating to Neutral on February 05, 2024, and dropped its price target to $167. On January 09, 2024, BMO Capital Markets initiated with a Outperform rating and assigned a price target of $200 on the stock. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $186 on December 12, 2023. BofA Securities downgraded its rating to a Neutral but $170 remained the price target by the analyst firm on December 07, 2023. Deutsche Bank upgraded its rating to Buy for this stock on November 14, 2023, and upped its price target to $175. In a note dated October 11, 2023, Raymond James upgraded an Outperform rating on this stock but restated the target price of $170.
Take-Two Interactive Software, Inc. experienced fluctuations in its stock price throughout the past year between $117.35 and $171.59. Currently, Wall Street analysts expect the stock to reach $170.4 within the next 12 months. Take-Two Interactive Software, Inc. [NASDAQ: TTWO] shares were valued at $149.57 at the most recent close of the market. An investor can expect a potential return of 13.93% based on the average TTWO price forecast.
Analyzing the TTWO fundamentals
Trailing Twelve Months sales for Take-Two Interactive Software, Inc. [NASDAQ:TTWO] were 5.40B which represents -2.95% decline. 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 148.34 points at the first support level, and at 147.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.22, and for the 2nd resistance point, it is at 150.87.
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
To put it in perspective, the Current Ratio for Take-Two Interactive Software, Inc. [NASDAQ:TTWO] is 0.82. In addition, the Quick Ratio stands at 0.82 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 4.73, the price to book ratio is 3.00.
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.
