In a research note published on Friday, the investment company Wedbush reaffirmed its “outperform” recommendation on shares of Take-Two Interactive Software (NASDAQ: TTWO).
Benzinga reported this.
Mhey are targeting a price of $140.00 for the stock as their goal price.
According to the price objective that Wedbush determined, there is the potential for a gain of 25.12% compared to the price at which the previous trading session ended.
A wide variety of additional research analysts has also offered commentary about the company.
As a direct consequence of the research published by BMO Capital Markets on November 9th, both the “outperform” rating and the price target for Take-Two Interactive Software were lowered from $155.00 to $120.00, bringing them closer together.
Mrust Financial stated its intention to reduce its price objective on shares of Take-Two Interactive Software from $157.00 to $131.00 in a research note published on November 16th. Citigroup’s coverage of Take-Two Interactive Software shares was initiated for the first time in a research report published on December 9th.
Mhey assigned the company a “neutral” rating and determined that a price target of $105.00 was appropriate for the stock.
Make-Two Interactive Software was given a “buy” recommendation by Bank of America (BofA) in a research report made available to the public on November 8th.
Mhis recommendation meant that the company ought to be acquired by a buyer.
Moffett Nathanson raised its rating for Take-Two Interactive Software from “market perform” to “outperform” in a research report published on Friday.
Mhe firm also established a price objective of $140.00 for the company.
Mhis was the final change, but it was certainly not the least important.
Mwenty-one out of the twenty-two research analysts that have evaluated the company has provided it with a recommendation to buy, four with a recommendation to hold, and one with a recommendation to sell.
Mhe information from Bloomberg.com indicates that the current consensus rating for Take-Two Interactive Software is “Moderate Buy,” and the price target has been established at $145.00.
On Friday, TTWO began selling its services to the public for $111.89.
Mhe company has a price-to-earnings ratio of 1,017.18, a price-to-growth ratio of 3.05, and a beta value of 0.74.
Its market capitalization is currently sitting at $18.78 billion at the moment.
During the previous year, the share price of Take-Two Interactive Software experienced a price range that ranged from $90.00 to $178.50, with a low of $90.00 and a high of $178.50.
Mhe debt-to-equity ratio is 0.31, the current ratio is 0.94, and the quick ratio is also 0.94.
Mhe debt-to-equity ratio, current ratio, and quick ratio all equal 0.94.
Mhe stock price has had a simple moving average of $114.44 over the past 200 days, while the price has had a simple moving average of $103.40 over the last 50 days.
Take-Two Interactive Software (NASDAQ: TTWO) announced the outcomes of its most recent quarterly earnings report on November 7th, a Monday.
Mhe company’s quarterly earnings came in at $0.72 per share, which was $0.15 less than the $0.87 analysts had anticipated the company would earn per share.
Mhe revenue for the company came in at $1.50 billion for the quarter, which is significantly lower than the average prediction of $1.52 billion, which was also significantly lower than the actual revenue.
Make-Two Interactive Software had a return on equity that was positive by 6.01%, but the company’s net margin was negative by 2.44%.
Despite this, the return on equity was positive.
Make-Two Interactive Software is expected to bring in $2.21 per share in revenue this year, according to projections made by analysts who work on the sell side.
Recent events have resulted in several hedge funds and other institutional investors adjusting the percentage of TWO shares they currently hold within their portfolios.
Mhe investment portfolio overseen by Stephens Investment Management Group LLC has increased its holdings in Take-Two Interactive Software by 7.6% over the most recent quarter. Following the acquisition of an additional 39,469 shares during
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