Take-Two Interactive Software Inc. (NASDAQ:TTWO) saw a downside of -1.71% to close Monday at $170.72 after subtracting -$2.97 on the day. The 5-day average trading volume is 1,773,840 shares of the company’s common stock. It has gained $175.55 in the past week. An average of 1,441,930 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,405,538.
TTWO’s 1-month performance is 10.90% or $16.78 on its low of $144.58 reached on 09/22/21. The company’s shares have touched a 52-week low of $144.58 and high of $214.91, with the stock’s rally to the 52-week high happening on 02/08/21. YTD, TTWO has lost -17.84% or -$37.07. However, the current price is down -20.56%% from the 52-week high price.
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On Aug 12, 61 days have gone by since the last insider trading activity for Take-Two Interactive Software Inc. (TTWO). Sheresky Michael (Director) most recently sold 159 shares at $159.08 per share on Aug 12. This transaction cost the insider $25,294. Chief Legal Officer, Emerson Daniel P, sold 4,000 shares at a price of $177.65 on Jun 03. Then, on Jun 02, Director Sheresky Michael sold 196 shares at a price of $181.06 per share. This transaction amounted to $35,488.
The company’s PE ratio for the last five years has touched a high of 749.62 and a low of 25.89. TTWO stock has a beta of 0.56. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 5.83 while the price-to-book (PB) in the most recent quarter is 5.46, with the price to cash flow ratio at 41.74.
Take-Two Interactive Software Inc.’s quick ratio for the period ended June 29 was 1.80, with the current ratio over the same period at 1.90 meaning that TTWO stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 58.90%. The trailing 12-month EBITDA margin is 25.51% while for the period ending June 29; Take-Two Interactive Software Inc.’s operating margin was 21.40%. The firm’s gross profit as reported stood at $1.84 billion against revenue of $3.37 billion.
For the quarterly period ending June 29 this year, Take-Two Interactive Software Inc.’s cash and short-term investments amounted to $1.14 billion against total debt of $188.31 million. Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -2.21% to $813.35 million, while revenue of $839.43 million was -3.21% off the previous quarter. Analysts expected TTWO to announce $0.89 per share in earnings in its latest quarter, but it posted $1.01, representing a 13.50% surprise. EBITDA for the quarter stood at more than $222.66 million. TTWO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.68 billion, with total debt at $188.31 million. Shareholders hold equity totaling $116.52 million
Let’s look briefly at Take-Two Interactive Software Inc. (TTWO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 74.48% to suggest the stock is trending Overbought, with historical volatility in this time period at 22.59%.
The stock’s 5-day moving average is $168.53, reflecting a +8.65% or $13.59 change from its current price. TTWO is currently trading +11.63% above its 20-day SMA, -4.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -1.56% and -15.41% respectively.
Stochastic %K and %D was 91.04% and 94.15% and the average true range (ATR) pointed at 4.67. The RSI (14) points at 69.11%, while the 14-day stochastic is at 84.40% with the period’s ATR at 4.33. The stock’s 9-day MACD Oscillator is pointing at 9.06 and 14.51 on the 14-day charts.
In the most recent analyst report for Take-Two Interactive Software Inc. (NASDAQ: TTWO), BMO Capital Markets downgraded it to a Market perform rating. They previously had an Outperform rating on the stock. Analysts offering their rating for TTWO stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate TTWO as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 14 have offered a “buy” rating.
What is TTWO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $150.00 and a high of $235.00, with their median price target at $212.00. Looking at these predictions, the average price target given by analysts is for Take-Two Interactive Software Inc. (TTWO) stock is $206.36.