Take-Two Interactive Software, Inc. (TTWO)
Will Take-Two Interactive Stock Rebound To $200 Levels?
The stock price of Take-Two Interactive (NASDAQ: TTWO) trades at $157 per share, about 26% below its peak level of over $213 seen in February 2021. In contrast, Electronic Arts stock (NYSE: EA) saw a 9% decline over this period.
Take-Two (TTWO) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Take-Two Interactive Offers A Scaled Portfolio Of Mobile Games, Says Analyst
J.P. Morgan analyst Cory A Carpenter reiterated an Overweight rating on the shares of Take-Two Interactive Software Inc TTWO with a price target of $200.00.
Take-Two (TTWO) to Expand Portfolio With Upcoming Video Game
Take-Two (TTWO) is set to expand its gaming portfolio with its upcoming game, Game of Thrones: Legends. The game is set to release on Jul 25, 2024.
Take-Two's (TTWO) Expanding Gaming Portfolio Boosts Prospects
Take-Two's (TTWO) expansion of its gaming portfolio with the launch of Star Wars: Hunters makes it an attractive investment opportunity.
Wall Street Analysts See Take-Two (TTWO) as a Buy: Should You Invest?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Teacher Retirement System of Texas Decreases Stock Holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO)
Teacher Retirement System of Texas lowered its holdings in Take-Two Interactive Software, Inc. (NASDAQ:TTWO – Free Report) by 40.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,785 shares of the company’s stock after selling 5,335 shares during the period. Teacher Retirement System of Texas’ holdings in Take-Two Interactive Software were worth $1,253,000 as of its most recent SEC filing. Other institutional investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its holdings in shares of Take-Two Interactive Software by 1.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,720,699 shares of the company’s stock worth $662,690,000 after buying an additional 84,633 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Take-Two Interactive Software by 8.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,170,470 shares of the company’s stock valued at $585,492,000 after acquiring an additional 321,632 shares during the period. Boston Partners increased its stake in shares of Take-Two Interactive Software by 10.5% during the 3rd quarter. Boston Partners now owns 2,893,303 shares of the company’s stock worth $405,792,000 after purchasing an additional 275,368 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Take-Two Interactive Software by 2.8% in the 3rd quarter. Northern Trust Corp now owns 1,625,005 shares of the company’s stock worth $228,134,000 after purchasing an additional 44,826 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Take-Two Interactive Software by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 909,893 shares of the company’s stock valued at $146,447,000 after purchasing an additional 16,578 shares during the last quarter. Institutional investors own 95.46% of the company’s stock. Insider Activity at Take-Two Interactive Software In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $148.54, for a total value of $13,495,007.54. Following the completion of the sale, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.37% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades A number of analysts have issued reports on the company. Jefferies Financial Group decreased their target price on Take-Two Interactive Software from $195.00 to $175.00 and set a “buy” rating for the company in a research report on Friday. Citigroup raised shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and upped their price objective for the company from $170.00 to $200.00 in a report on Monday, April 8th. Bank of America reduced their target price on shares of Take-Two Interactive Software from $170.00 to $160.00 and set a “neutral” rating for the company in a research note on Friday. HSBC cut shares of Take-Two Interactive Software from a “buy” rating to a “hold” rating and set a $154.00 price target on the stock. in a research note on Friday. Finally, Wedbush reiterated an “outperform” rating and issued a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Friday. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $176.32. Check Out Our Latest Stock Report on TTWO Take-Two Interactive Software Trading Up 1.2 % Shares of NASDAQ:TTWO opened at $147.84 on Monday. The company’s fifty day moving average price is $146.50 and its 200-day moving average price is $152.94. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.94 and a quick ratio of 0.82. Take-Two Interactive Software, Inc. has a one year low of $130.34 and a one year high of $171.59. Take-Two Interactive Software (NASDAQ:TTWO – Get Free Report) last released its earnings results on Thursday, May 16th. The company reported ($17.02) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($17.09). Take-Two Interactive Software had a negative net margin of 69.99% and a positive return on equity of 2.19%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the prior year, the company earned $0.47 EPS. The firm’s revenue was down 3.2% compared to the same quarter last year. As a group, analysts anticipate that Take-Two Interactive Software, Inc. will post 4.26 EPS for the current year. Take-Two Interactive Software Company Profile (Free Report) Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.
Navigating Take-Two Interactive's Q4 2024 Financial Performance
Revenue exceeded expectations, reaching $1.4 billion. A substantial goodwill impairment led to significant losses.
Take-Two Interactive Sets 'Grand Theft Auto VI' Release Date
Take-Two Interactive Software (TTWO) shares edged higher in intraday trading Friday, a day after the video game maker said the highly anticipated latest version of its "Grand Theft Auto" franchise would be released in the fall of 2025.
Video Game Stock Higher Despite GTA Delay
Take-Two Interactive Software, Inc (NASDAQ:TTWO) stock is up 2.2% to trade at $149.43, reversing premarket losses after the video game company reported a sharper-than-expected loss for the fiscal fourth quarter.
TTWO Stock Alert: Why Is Take-Two Interactive Trending Today?
Take-Two Interactive Software (NASDAQ: TTWO ) stock is on the move Friday following the release of the video game publishing company's preliminary fiscal Q4 2024 earnings report. The bad news for TTWO stock comes from its net loss of $2.9 billion, or $17.02 per share.
Take-Two Interactive Software Offers 2nd Chance for Investors
Take-Two Interactive Software (NASDAQ: TTWO) turned a corner in 2022, which resulted in a 60% upswing in the stock price. The growth outlook is intact, but the Q4 results and 2025 guidance have reset the market.
