In the last three months, 11 analysts have published ratings on Take-Two Interactive TTWO, offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 7 | 4 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 3 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 4 | 3 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $190.55, a high estimate of $200.00, and a low estimate of $175.00. Witnessing a positive shift, the current average has risen by 11.15% from the previous average price target of $171.43.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Take-Two Interactive among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | - |
Jason Bazinet | Citigroup | Raises | Buy | $200.00 | $170.00 |
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 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Take-Two Interactive compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Take-Two Interactive's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Take-Two Interactive's market position. Stay informed and make well-judged decisions with the assistance of 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.".
Unraveling the Financial Story of Take-Two Interactive
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Decline in Revenue: Over the 3 months period, Take-Two Interactive faced challenges, resulting in a decline of approximately -2.95% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Communication Services sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -6.7%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -1.08%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Take-Two Interactive's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.61%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Take-Two Interactive's debt-to-equity ratio is below the industry average at 0.41, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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.
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