Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) have earned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, nineteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $296.9474.

Several equities analysts have commented on the stock. Bank of America increased their target price on shares of Take-Two Interactive Software from $320.00 to $368.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Take-Two Interactive Software in a research report on Friday, July 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, July 28th. Oppenheimer reiterated an “outperform” rating on shares of Take-Two Interactive Software in a research note on Tuesday, September 8th. Finally, UBS Group reissued a “buy” rating on shares of Take-Two Interactive Software in a report on Monday, August 10th.

Take-Two Interactive Software Stock Performance

TTWO stock opened at $211.81 on Friday. The firm has a 50 day moving average of $233.86 and a two-hundred day moving average of $224.25. Take-Two Interactive Software has a 12 month low of $187.63 and a 12 month high of $265.94. The company has a market capitalization of $39.60 billion, a price-to-earnings ratio of -122.43, a P/E/G ratio of 1.48 and a beta of 0.97. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.52.

Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the business posted ($0.07) EPS. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities analysts anticipate that Take-Two Interactive Software will post 5.25 EPS for the current fiscal year.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, Director Michael Sheresky sold 127 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the completion of the sale, the director owned 65,368 shares of the company’s stock, valued at $16,015,813.68. This represents a 0.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Strauss Zelnick sold 40,000 shares of the stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $252.64, for a total value of $10,105,600.00. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 43,652 shares of company stock worth $10,947,380. 1.12% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Mayflower Financial Advisors LLC boosted its position in shares of Take-Two Interactive Software by 3.6% during the first quarter. Mayflower Financial Advisors LLC now owns 1,364 shares of the company’s stock worth $269,000 after purchasing an additional 48 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. increased its position in shares of Take-Two Interactive Software by 5.7% in the 1st quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 963 shares of the company’s stock valued at $190,000 after buying an additional 52 shares in the last quarter. Huntington National Bank increased its position in shares of Take-Two Interactive Software by 4.5% in the 4th quarter. Huntington National Bank now owns 1,335 shares of the company’s stock valued at $342,000 after buying an additional 57 shares in the last quarter. Beacon Financial Advisory LLC raised its stake in Take-Two Interactive Software by 3.7% during the 2nd quarter. Beacon Financial Advisory LLC now owns 1,697 shares of the company’s stock worth $424,000 after buying an additional 60 shares during the period. Finally, Trust Asset Management LLC raised its stake in Take-Two Interactive Software by 3.5% during the 2nd quarter. Trust Asset Management LLC now owns 1,881 shares of the company’s stock worth $470,000 after buying an additional 63 shares during the period. 95.46% of the stock is currently owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a global developer, publisher and marketer of interactive entertainment. The company creates and distributes games for consoles, personal computers and mobile devices, as well as related downloadable content, subscriptions and in-game services.

Take-Two operates through well-known labels including Rockstar Games, 2K and Zynga. Its portfolio includes the Grand Theft Auto, Red Dead Redemption, NBA 2K, WWE 2K, Borderlands, BioShock, Civilization and XCOM franchises, along with mobile and social games such as Zynga’s casual and social entertainment offerings.

Founded in 1993 and headquartered in New York City, Take-Two serves customers worldwide through both physical retail channels and digital distribution platforms.