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

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, February 6th. Analysts expect Take-Two Interactive Software to post earnings of $0.64 per share and revenue of $1.39 billion for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Take-Two Interactive Software Stock Performance

Take-Two Interactive Software stock traded up $0.76 during trading on Thursday, hitting $190.85. The stock had a trading volume of 403,847 shares, compared to its average volume of 1,488,938. The stock has a market cap of $33.52 billion, a price-to-earnings ratio of -9.03, a price-to-earnings-growth ratio of 5.84 and a beta of 0.89. The stock's 50 day moving average is $185.67 and its two-hundred day moving average is $166.78. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.53. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $192.50.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TTWO. Robert W. Baird boosted their target price on Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $240.00 price objective (up from $190.00) on shares of Take-Two Interactive Software in a research report on Thursday, December 5th. Wedbush reiterated an "outperform" rating and set a $190.00 price objective on shares of Take-Two Interactive Software in a research note on Monday, December 9th. TD Cowen increased their target price on shares of Take-Two Interactive Software from $176.00 to $211.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Finally, Morgan Stanley increased their price objective on shares of Take-Two Interactive Software from $185.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $203.47.

Insiders Place Their Bets

In other news, insider Daniel P. Emerson sold 777 shares of the business's stock in a transaction dated Monday, December 2nd. The shares were 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 owns 149,379 shares of the company's stock, valued at $28,029,475.56. The trade was a 0.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Laverne Evans Srinivasan sold 2,000 shares of the company's stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $179.17, for a total transaction of $358,340.00. Following the completion of the sale, the director now directly owns 9,692 shares of the company's stock, valued at $1,736,515.64. This represents a 17.11 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.45% of the company's stock.

About Take-Two Interactive Software

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.