Take-Two Interactive Software, Inc. (NASDAQ: TTWO)’s stock price has dropped by -1.59 in relation to previous closing price of 148.33. Nevertheless, the company has seen a gain of 2.26% in its stock price over the last five trading days. The Motley Fool reported 2024-05-06 that Toast is still in its infancy as it disrupts traditional restaurant management. Long-term investors should load up on Take-Two stock as the company gears up for major releases.
Is It Worth Investing in Take-Two Interactive Software, Inc. (NASDAQ: TTWO) Right Now?
Additionally, the 36-month beta value for TTWO is 0.82. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 6 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for TTWO is 156.93M and currently, short sellers hold a 5.57% ratio of that float. The average trading volume of TTWO on May 09, 2024 was 1.81M shares.
TTWO’s Market Performance
TTWO’s stock has seen a 2.26% increase for the week, with a -5.64% drop in the past month and a -13.92% fall in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are at 1.78% for Take-Two Interactive Software, Inc. The simple moving average for the past 20 days is 0.89% for TTWO’s stock, with a -2.07% simple moving average for the past 200 days.
Analysts’ Opinion of TTWO
Many brokerage firms have already submitted their reports for TTWO stocks, with Citigroup repeating the rating for TTWO by listing it as a “Buy.” The predicted price for TTWO in the upcoming period, according to Citigroup is $200 based on the research report published on April 08, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see TTWO reach a price target of $195. The rating they have provided for TTWO stocks is “Buy” according to the report published on April 01st, 2024.
MoffettNathanson gave a rating of “Neutral” to TTWO, setting the target price at $167 in the report published on February 05th of the current year.
TTWO Trading at -0.34% from the 50-Day Moving Average
After a stumble in the market that brought TTWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.93% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares sank -4.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.33% lower at present.
During the last 5 trading sessions, TTWO rose by +2.26%, which changed the moving average for the period of 200-days by -2.87% in comparison to the 20-day moving average, which settled at $144.38. In addition, Take-Two Interactive Software, Inc. saw -9.31% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TTWO starting from Slatoff Karl, who sale 90,851 shares at the price of $148.54 back on Apr 12 ’24. After this action, Slatoff Karl now owns 87,286 shares of Take-Two Interactive Software, Inc., valued at $13,494,773 using the latest closing price.
ZELNICK STRAUSS, the Chairman, CEO of Take-Two Interactive Software, Inc., sale 90,851 shares at $148.54 during a trade that took place back on Apr 12 ’24, which means that ZELNICK STRAUSS is holding 87,286 shares at $13,494,773 based on the most recent closing price.
Stock Fundamentals for TTWO
Current profitability levels for the company are sitting at:
- -0.29 for the present operating margin
- 0.37 for the gross margin
The net margin for Take-Two Interactive Software, Inc. stands at -0.27. The total capital return value is set at -0.13. Equity return is now at value -16.08, with -9.14 for asset returns.
Based on Take-Two Interactive Software, Inc. (TTWO), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -0.01. The debt to equity ratio resting at 0.41. The interest coverage ratio of the stock is -15.44.
Currently, EBITDA for the company is 731.1 million with net debt to EBITDA at 31.5. When we switch over and look at the enterprise to sales, we see a ratio of 5.1. The receivables turnover for the company is 7.15for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
In conclusion, Take-Two Interactive Software, Inc. (TTWO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
