In the last three months, 16 analysts have published ratings on Take-Two Interactive TTWO, offering a diverse range of perspectives from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 8 | 6 | 2 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 4 | 2 | 2 | 0 | 0 |
2M Ago | 2 | 3 | 0 | 0 | 0 |
3M Ago | 2 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $184.44, along with a high estimate of $200.00 and a low estimate of $154.00. Observing a 2.28% increase, the current average has risen from the previous average price target of $180.33.
Breaking Down Analyst Ratings: A Detailed Examination
A comprehensive examination of how financial experts perceive Take-Two Interactive is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
David Karnovsky | JP Morgan | Raises | Overweight | $200.00 | $180.00 |
Omar Dessouky | B of A Securities | Raises | Buy | $185.00 | $160.00 |
Colin Sebastian | Baird | Lowers | Outperform | $172.00 | $173.00 |
Mike Hickey | Benchmark | Maintains | Buy | $200.00 | $200.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | $190.00 |
James Heaney | Jefferies | Lowers | Buy | $175.00 | $195.00 |
Eric Handler | Roth MKM | Lowers | Buy | $180.00 | $185.00 |
Mohammed Khallouf | HSBC | Announces | Hold | $154.00 | - |
Omar Dessouky | B of A Securities | Lowers | Neutral | $160.00 | $170.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | - |
Martin Yang | Oppenheimer | Maintains | Outperform | $185.00 | - |
Mike Hickey | Benchmark | Maintains | Buy | $200.00 | - |
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 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Take-Two Interactive. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Take-Two Interactive compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Take-Two Interactive's stock. This examination reveals shifts in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Take-Two Interactive's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Take-Two Interactive analyst ratings.
Unveiling the Story Behind Take-Two Interactive
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 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: Delving into Financials
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Take-Two Interactive's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -3.24%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind 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 -207.45%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Take-Two Interactive's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -40.96%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Take-Two Interactive's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -21.41%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Take-Two Interactive's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.62.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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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