Analysts' ratings for Take-Two Interactive TTWO over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 4 | 0 | 0 | 0 |
Last 30D | 2 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 3 | 0 | 0 | 0 |
3M Ago | 3 | 1 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $190.6, a high estimate of $200.00, and a low estimate of $175.00. Witnessing a positive shift, the current average has risen by 11.03% from the previous average price target of $171.67.
Analyzing Analyst Ratings: A Detailed Breakdown
The perception of Take-Two Interactive by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Drew Crum | Stifel | Maintains | Buy | $175.00 | - |
Andrew Uerkwitz | Jefferies | Announces | Buy | $195.00 | - |
David Karnovsky | JP Morgan | Lowers | Overweight | $180.00 | $188.00 |
Eric Handler | Roth MKM | Raises | Buy | $185.00 | $168.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | - |
Brian Fitzgerald | Wells Fargo | Raises | Overweight | $193.00 | $170.00 |
Drew Crum | Stifel | Raises | Buy | $188.00 | $175.00 |
Mike Hickey | Benchmark | Raises | Buy | $200.00 | $164.00 |
Eric Sheridan | Goldman Sachs | Raises | Buy | $200.00 | $165.00 |
Brian Pitz | BMO Capital | Announces | Outperform | $200.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Take-Two Interactive. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Take-Two Interactive compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Take-Two Interactive's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Take-Two Interactive's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Take-Two Interactive analyst ratings.
Get to Know Take-Two Interactive Better
Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".
Take-Two Interactive's Economic Impact: An Analysis
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Challenges: Take-Two Interactive's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -2.95%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Take-Two Interactive's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -6.7%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Take-Two Interactive's ROE excels beyond industry benchmarks, reaching -1.08%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Take-Two Interactive's ROA stands out, surpassing industry averages. With an impressive ROA of -0.61%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Take-Two Interactive's debt-to-equity ratio is below the industry average. With a ratio of 0.41, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.