Press coverage about Take-Two Interactive Software (NASDAQ:TTWO) has been trending somewhat positive on Wednesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Take-Two Interactive Software earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.4234672125966 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Take-Two Interactive Could Be Running Out of Steam (finance.yahoo.com)
- Cramer: Here Are the Ideal Stocks Now (finance.yahoo.com)
- Take-Two Interactive Software’s (TTWO) Buy Rating Reaffirmed at Stifel Nicolaus (americanbankingnews.com)
- A Lawyer Explains Who Really Owns Your Tattoos (vice.com)
- Take-Two Interactive Software, Inc. (TTWO) stock surged 35.73% during past quarter – Street Observer (press release) (streetobserver.com)
Take-Two Interactive Software (TTWO) opened at 103.90 on Wednesday. The stock has a market cap of $10.85 billion, a PE ratio of 61.33 and a beta of 0.78. Take-Two Interactive Software has a 52-week low of $42.65 and a 52-week high of $107.53. The firm has a 50-day moving average price of $100.51 and a 200 day moving average price of $80.48.
Take-Two Interactive Software (NASDAQ:TTWO) last announced its earnings results on Wednesday, August 2nd. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.25. The firm had revenue of $348.30 million for the quarter, compared to the consensus estimate of $280.70 million. Take-Two Interactive Software had a return on equity of 28.89% and a net margin of 8.73%. The firm’s revenue for the quarter was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.21) EPS. Equities analysts anticipate that Take-Two Interactive Software will post $2.21 earnings per share for the current year.
A number of brokerages have weighed in on TTWO. Cowen and Company cut Take-Two Interactive Software from an “outperform” rating to a “market perform” rating and set a $83.00 price objective for the company. in a research note on Monday, October 9th. KeyCorp reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Tuesday. Stifel Nicolaus reiterated a “buy” rating and issued a $105.00 price objective on shares of Take-Two Interactive Software in a research note on Thursday, October 12th. BMO Capital Markets restated a “buy” rating and set a $100.00 price target on shares of Take-Two Interactive Software in a research note on Friday, October 13th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and set a $112.00 price target (up previously from $93.00) on shares of Take-Two Interactive Software in a research note on Monday, September 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $92.95.
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In other Take-Two Interactive Software news, Director Michael Dornemann sold 7,000 shares of Take-Two Interactive Software stock in a transaction on Friday, August 4th. The stock was sold at an average price of $87.80, for a total transaction of $614,600.00. Following the sale, the director now owns 9,394 shares of the company’s stock, valued at approximately $824,793.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Strauss Zelnick sold 50,000 shares of Take-Two Interactive Software stock in a transaction on Friday, August 4th. The shares were sold at an average price of $87.81, for a total value of $4,390,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 87,465 shares of company stock worth $7,677,331 in the last ninety days. 1.55% of the stock is owned by company insiders.
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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