11 analysts have shared their evaluations of Take-Two Interactive TTWO during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 6 | 5 | 0 | 0 | 0 |
Last 30D | 0 | 1 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 2 | 0 | 0 | 0 | 0 |
3M Ago | 4 | 4 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $191.73, along with a high estimate of $210.00 and a low estimate of $179.00. Surpassing the previous average price target of $190.56, the current average has increased by 0.61%.
Understanding Analyst Ratings: A Comprehensive 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 |
---|---|---|---|---|---|
David Karnovsky | JP Morgan | Lowers | Overweight | $195.00 | $200.00 |
Drew Crum | Stifel | Raises | Buy | $191.00 | $175.00 |
Hamilton Faber | Redburn Atlantic | Announces | Buy | $194.00 | - |
Omar Dessouky | B of A Securities | Maintains | Buy | $185.00 | $185.00 |
Mike Hickey | Benchmark | Raises | Buy | $210.00 | $200.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | $190.00 |
Mohammed Khallouf | HSBC | Announces | Buy | $179.00 | - |
Mike Hickey | Benchmark | Maintains | Buy | $200.00 | $200.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | $190.00 |
Nick McKay | Wedbush | Maintains | Outperform | $190.00 | $190.00 |
Brian Pitz | BMO Capital | Maintains | Outperform | $185.00 | $185.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Take-Two Interactive. This information provides 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: Analysts gauge the dynamics of price targets, providing estimates for the future value of Take-Two Interactive's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Take-Two Interactive's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Take-Two Interactive analyst ratings.
All You Need to Know About 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: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Take-Two Interactive displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 4.16%. This indicates a notable increase 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: Take-Two Interactive's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -19.58%, the company may encounter 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 -4.49%, the company showcases efficient use of equity capital and strong financial health.
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 -2.08%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.69, Take-Two Interactive adopts a prudent financial strategy, indicating a balanced approach to debt management.
How Are Analyst Ratings Determined?
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.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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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