Take-Two Interactive Software, Inc. (TTWO) stock hits $152.94: Is it a good time to buy or wait for a dip?

A share price of Take-Two Interactive Software, Inc. [TTWO] is currently trading at $152.94, up 0.48%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TTWO shares have gain 1.63% over the last week, with a monthly amount drifted -2.16%, 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

From an analyst’s perspective:

Take-Two Interactive Software, Inc. [NASDAQ: TTWO] stock has seen the most recent analyst activity on August 29, 2024, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $194. Previously, HSBC Securities upgraded its rating to Buy on August 12, 2024, and kept the price target unchanged to $179. On May 23, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $185 on the stock. HSBC Securities downgraded its rating to a Hold but stick to its price target of $154 on May 17, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $200 on April 08, 2024. In a note dated February 05, 2024, MoffettNathanson downgraded an Neutral rating on this stock and revised its target price from $169 to $167.

Take-Two Interactive Software, Inc. experienced fluctuations in its stock price throughout the past year between $130.34 and $171.59. Currently, Wall Street analysts expect the stock to reach $176.69 within the next 12 months. Take-Two Interactive Software, Inc. [NASDAQ: TTWO] shares were valued at $152.94 at the most recent close of the market. An investor can expect a potential return of 15.53% 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 4.16% growth. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.68%, and Net Profit Margin reading is -0.7%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.53 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.

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 151.81 points at the first support level, and at 150.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 153.57, and for the 2nd resistance point, it is at 154.21.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Take-Two Interactive Software, Inc. [NASDAQ:TTWO] is 0.90. Also, the Quick Ratio is 0.90, while the Cash Ratio stands at 0.49. Considering the valuation of this stock, the price to sales ratio is 4.96, the price to book ratio is 4.47.

Transactions by insiders

Recent insider trading involved Emerson Daniel P, Chief Legal Officer, that happened on Sep 03 ’24 when 790.0 shares were sold. Chief Financial Officer, Goldstein Lainie completed a deal on Sep 03 ’24 to sell 1152.0 shares. Meanwhile, Officer Emerson Daniel P bought 790.0 shares on Sep 03 ’24.

Related Posts