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

Take-Two Interactive Software (NASDAQ:TTWO) is set to issue its quarterly earnings data after the market closes on Thursday, May 16th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.02). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.34 billion. Take-Two Interactive Software had a positive return on equity of 3.03% and a negative net margin of 26.90%. On average, analysts expect Take-Two Interactive Software to post $1 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $145.97 on Thursday. The firm’s 50 day simple moving average is $146.45 and its 200-day simple moving average is $152.35. Take-Two Interactive Software has a 12 month low of $121.72 and a 12 month high of $171.59. The stock has a market capitalization of $24.90 billion, a price-to-earnings ratio of -17.01, a PEG ratio of 1.21 and a beta of 0.75. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.82 and a quick ratio of 0.82.

Analyst Ratings Changes

TTWO has been the subject of a number of research reports. Roth Mkm boosted their target price on shares of Take-Two Interactive Software from $168.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, February 9th. Wells Fargo & Company boosted their price objective on Take-Two Interactive Software from $170.00 to $193.00 and gave the stock an “overweight” rating in a research note on Thursday, February 1st. The Goldman Sachs Group raised their target price on Take-Two Interactive Software from $165.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, January 19th. Oppenheimer reiterated an “outperform” rating and set a $185.00 price target on shares of Take-Two Interactive Software in a research report on Tuesday, April 23rd. Finally, Jefferies Financial Group began coverage on Take-Two Interactive Software in a report on Monday, April 1st. They issued a “buy” rating and a $195.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $177.61.

Insider Transactions at Take-Two Interactive Software

In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total value of $13,495,007.54. Following the transaction, the president now owns 87,286 shares of the company’s stock, valued at $12,965,462.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Take-Two Interactive Software news, President Karl Slatoff sold 90,851 shares of Take-Two Interactive Software stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $148.54, for a total transaction of $13,495,007.54. Following the completion of the sale, the president now directly owns 87,286 shares in the company, valued at $12,965,462.44. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael Sheresky sold 260 shares of Take-Two Interactive Software stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $155.72, for a total transaction of $40,487.20. Following the sale, the director now owns 63,645 shares of the company’s stock, valued at $9,910,799.40. The disclosure for this sale can be found here. Company insiders own 1.37% 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. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.