Headlines about Take Two Interactive Software (NASDAQ:TTWO) have been trending positive on Thursday, according to AlphaOne. AlphaOne, a division of Accern, ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Take Two Interactive Software earned a coverage optimism score of 0.37 on AlphaOne’s scale. AlphaOne also gave media stories about the company an impact score of 80 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted AlphaOne’s analysis:
- Take-Two Interactive Software, Inc. breached its 50 day moving average in a Bearish Manner : TTWO-US : April 13, 2017 (finance.yahoo.com)
- 28.1% Return Seen to Date on SmarTrend Take-Two Interactive Software Call (TTWO) (mysmartrend.com)
- Looking Mainly At Fundamentals: Take-Two Interactive Software, Inc. (TTWO), CNO Financial Group, Inc. (CNO) – USA Commerce Daily (usacommercedaily.com)
- Insider Selling: Take Two Interactive Software Inc (TTWO) President Sells 387,237 Shares of Stock (americanbankingnews.com)
A number of research firms have weighed in on TTWO. Zacks Investment Research lowered shares of Take Two Interactive Software from a “buy” rating to a “hold” rating in a research report on Saturday, February 18th. Wedbush reiterated a “neutral” rating and issued a $48.00 price target on shares of Take Two Interactive Software in a research report on Friday, February 10th. MKM Partners reiterated a “buy” rating and issued a $62.00 price target (up from $55.00) on shares of Take Two Interactive Software in a research report on Monday, February 6th. Cowen and Company reiterated an “outperform” rating and issued a $58.00 price target on shares of Take Two Interactive Software in a research report on Sunday, February 5th. Finally, Stifel Nicolaus upped their price target on shares of Take Two Interactive Software from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, February 9th. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Take Two Interactive Software has a consensus rating of “Buy” and a consensus target price of $58.34.
Shares of Take Two Interactive Software (NASDAQ:TTWO) traded down 0.59% during trading on Thursday, hitting $57.53. 1,024,210 shares of the company were exchanged. The firm has a market capitalization of $5.20 billion, a PE ratio of 344.49 and a beta of 0.86. The firm’s 50-day moving average price is $58.35 and its 200 day moving average price is $51.68. Take Two Interactive Software has a 12 month low of $33.06 and a 12 month high of $60.20.
Take Two Interactive Software (NASDAQ:TTWO) last announced its quarterly earnings data on Tuesday, February 7th. The company reported $0.99 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.03. The firm earned $476.50 million during the quarter, compared to analyst estimates of $689.64 million. Take Two Interactive Software had a net margin of 0.91% and a return on equity of 21.74%. Take Two Interactive Software’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the firm posted $0.89 EPS. On average, equities research analysts expect that Take Two Interactive Software will post $1.98 earnings per share for the current fiscal year.
In other Take Two Interactive Software news, President Karl Slatoff sold 387,237 shares of the firm’s stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $57.98, for a total transaction of $22,452,001.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Sheresky sold 485 shares of the firm’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $57.82, for a total transaction of $28,042.70. Following the transaction, the director now directly owns 67,394 shares of the company’s stock, valued at $3,896,721.08. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.
About Take Two Interactive Software
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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