Equities research analysts expect Take-Two Interactive Software, Inc. (NASDAQ:TTWO) to report earnings of $0.98 per share for the current quarter, according to Zacks. Six analysts have made estimates for Take-Two Interactive Software’s earnings. The lowest EPS estimate is $0.89 and the highest is $1.22. Take-Two Interactive Software reported earnings per share of $0.86 in the same quarter last year, which would indicate a positive year over year growth rate of 14%. The company is scheduled to report its next quarterly earnings results on Tuesday, February 6th.

On average, analysts expect that Take-Two Interactive Software will report full-year earnings of $2.96 per share for the current fiscal year, with EPS estimates ranging from $2.09 to $3.49. For the next financial year, analysts expect that the firm will post earnings of $4.63 per share, with EPS estimates ranging from $2.88 to $6.28. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Take-Two Interactive Software.

TTWO has been the subject of a number of analyst reports. Benchmark reissued a “buy” rating and issued a $110.00 price objective (up previously from $100.00) on shares of Take-Two Interactive Software in a research report on Saturday, September 16th. MKM Partners lifted their target price on shares of Take-Two Interactive Software from $97.00 to $122.00 and gave the stock a “buy” rating in a report on Monday, October 30th. BMO Capital Markets lifted their target price on shares of Take-Two Interactive Software from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Monday, November 13th. Barclays initiated coverage on shares of Take-Two Interactive Software in a report on Wednesday, October 4th. They set an “overweight” rating and a $115.00 target price for the company. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $105.00 target price on shares of Take-Two Interactive Software in a report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Take-Two Interactive Software has an average rating of “Buy” and a consensus price target of $112.90.

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded down $8.65 on Monday, hitting $102.11. 7,430,284 shares of the stock were exchanged, compared to its average volume of 1,941,382. Take-Two Interactive Software has a 52 week low of $47.48 and a 52 week high of $120.62. The company has a market cap of $12,632.52, a P/E ratio of 43.27, a PEG ratio of 3.21 and a beta of 0.81. The company has a current ratio of 1.33, a quick ratio of 1.31 and a debt-to-equity ratio of 0.04.

In other Take-Two Interactive Software news, CEO Strauss Zelnick sold 31,004 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $116.49, for a total value of $3,611,655.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Dornemann sold 5,500 shares of the business’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $118.50, for a total transaction of $651,750.00. Following the completion of the sale, the director now directly owns 4,777 shares of the company’s stock, valued at approximately $566,074.50. The disclosure for this sale can be found here. Insiders sold a total of 66,504 shares of company stock valued at $7,729,606 in the last three months. Insiders own 1.55% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Prudential Financial Inc. boosted its holdings in Take-Two Interactive Software by 20.4% in the 3rd quarter. Prudential Financial Inc. now owns 77,314 shares of the company’s stock valued at $7,904,000 after purchasing an additional 13,080 shares during the period. Engineers Gate Manager LP boosted its holdings in Take-Two Interactive Software by 1,063.4% in the 2nd quarter. Engineers Gate Manager LP now owns 75,841 shares of the company’s stock valued at $5,565,000 after purchasing an additional 69,322 shares during the period. Nomura Holdings Inc. bought a new stake in Take-Two Interactive Software in the 2nd quarter valued at about $385,000. CIBC Asset Management Inc acquired a new position in shares of Take-Two Interactive Software in the 3rd quarter valued at approximately $349,000. Finally, BNP Paribas Arbitrage SA raised its position in shares of Take-Two Interactive Software by 70.2% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 39,335 shares of the company’s stock valued at $2,886,000 after buying an additional 16,224 shares in the last quarter. 91.26% of the stock is owned by hedge funds and other institutional investors.

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Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

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Earnings History and Estimates for Take-Two Interactive Software (NASDAQ:TTWO)

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