Take-Two Interactive Software (TTWO) to Release Earnings on Thursday

Take-Two Interactive Software (NASDAQ:TTWO) is projected to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.64 per share and revenue of $1.39 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Take-Two Interactive Software Stock Performance

Shares of NASDAQ:TTWO opened at $186.07 on Tuesday. The business’s 50 day moving average price is $185.68 and its 200-day moving average price is $167.64. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $192.50. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $32.68 billion, a PE ratio of -8.79, a P/E/G ratio of 5.76 and a beta of 0.89.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Robert W. Baird raised their target price on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. lifted their price target on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday, December 18th. Stifel Nicolaus increased their target price on Take-Two Interactive Software from $220.00 to $223.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. UBS Group upgraded shares of Take-Two Interactive Software from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $175.00 to $230.00 in a research note on Monday, January 27th. Finally, StockNews.com raised shares of Take-Two Interactive Software from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $204.06.

Insider Transactions at Take-Two Interactive Software

In other news, insider Daniel P. Emerson sold 777 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $187.64, for a total transaction of $145,796.28. Following the completion of the sale, the insider now directly owns 149,379 shares in the company, valued at $28,029,475.56. This trade represents a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $179.17, for a total value of $358,340.00. Following the sale, the director now owns 9,692 shares in the company, valued at $1,736,515.64. This represents a 17.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.45% of the company’s stock.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.