|Bid||115.44 x 800|
|Ask||116.68 x 1000|
|Day's Range||112.71 - 116.00|
|52 Week Range||68.12 - 129.25|
|PE Ratio (TTM)||71.05|
|Earnings Date||May 21, 2018 - May 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||130.15|
Despite a mixed quarter, analysts remain optimistic about Take-Two Interactive Software Inc.’s prospects. Shares of the videogame publisher are up almost 1% in late trading Thursday, though the company reported a revenue miss and delivered an outlook that fell short of what analysts had been expecting the prior afternoon. Analysts, however, saw plenty of bright spots in the company’s commentary.
Take-Two Interactive Software, Inc. (TTWO) today announced that Paul Viera has been appointed to the Company’s Board of Directors effective May 18, 2018. In addition, Mr. Viera has been appointed to Take-Two’s Audit Committee. With the appointment of Mr. Viera, the size of Take-Two’s Board of Directors increases from six to seven members, six of whom are independent.
Video game publisher Take-Two Interactive Software delivered a mixed quarterly report, but Wall Street remains optimistic about the company's year-ahead prospects.
Shares of Take-Two Interactive Software Inc. are up 1.7% in Thursday morning trading after analysts found positives in the company's earnings commentary, though the company's revenue and outlook disappointed. "It was a messy quarter with a lot of moving parts but the bottom line is we absolutely want to own Take-Two heading into the upcoming launch of Red Dead Redemption 2 (Oct 26), which we expect to be a smash hit with a long, high-margin revenue tail," Jefferies analyst Tim O'Shea wrote.
Dow Jones futures fell Thursday. Cisco Systems and Take-Two Interactive, both near buy points, fell on earnings. Loxo Oncology spiked on cancer drug trial data.
Take-Two Interactive Software, Inc. (TTWO) just released its latest quarterly financial results, posting adjusted earnings of 69 cents per share and revenues of $450.3 million.
Revenue in the three months ended in March fell to $411 million, yielding earnings per share of 70 cents. For the current quarter, the company sees bookings of $216 million to $265 million, which, at the mid-point, is below consensus for $371 million.
The company reported fiscal fourth-quarter net income of $90.8 million, or 77 cents a share, compared with $99 million, or 89 cents a share, in the year-ago period. The company said it expects earnings of 53 cents to 63 cents a share on net bookings of $215 million to $265 million and net revenue of $345 million to $395 million.
Take-Two Interactive Software, Inc. today reported results for its fourth quarter and fiscal year 2018, ended March 31, 2018, and provided its initial financial outlook for its fiscal first quarter 2019, ending June 30, 2018, and fiscal year 2019, ending March 31, 2019.
Earnings from Macy's and Cisco, along with housing market data, will be the big highlights for investors on Wednesday after stocks snapped an 8-day winning streak on Tuesday.
2K and Hangar 13 – the critically acclaimed storytellers and developer of Mafia III – today announced the expansion of Hangar 13 in Brighton, United Kingdom, furthering the studio’s efforts to tap into the world’s most talented development pools and build a globally diverse team. This new office will be headed by UK game development veteran Nick Baynes, and will collaborate with the teams in Novato, CA and Czech Republic across all aspects of development on all future Hangar 13 projects.
For today, WallStEquities.com takes a close look at the recent performance of Zynga Inc. (NASDAQ: ZNGA), Take-Two Interactive Software Inc. (NASDAQ: TTWO), TrueCar Inc. (NASDAQ: TRUE), and The9 Ltd (NASDAQ: NCTY). Last Friday, shares in San Francisco, California headquartered Zynga Inc. ended the session 0.76% higher at $3.96. The stock recorded a trading volume of 8.84 million shares.
"Mad Money" host Jim Cramer looks ahead to key stocks and events he'll watch as a slew of retail companies report earnings. Home Depot, Macy's, Walmart and others are scheduled to report. With the stock market locking in the largest weekly gain since March, CNBC's Jim Cramer wondered if newfound optimism around trade and U.S.-China relations could continue.
Electronic Arts (EA) reported record revenue of $5.2 billion in fiscal 2018, with costs of revenue of $1.3 billion and operating income of $1.4 billion. Driven by its record revenue, EA also reported record operating cash flow of $1.7 billion.
On April 26, I published an article entitled “5 Stocks I am Watching in a Turbulent Market.” Let’s take a look at how each pick has performed compared with the S&P 500:StockClosing Price on 4/26Closing Price on 5/9Gain/(Loss)Gain/(Loss) of S&P 500Alibaba Group Holding Ltd. (BABA) [Paired with JD.com in post] $173.90$195.43 12.38% 1.16% JD.Com Inc. (JD) [Paired with BABA in post]$36.50$37.141.75% 1.16%AutoZone, Inc. (AZO) $619.29$658.336.30% 1.16%Scotts Miracle-Gro Co. (SMG) $83.45$ 80.54(3.49)% 1.16%AT&T Inc. (T)$33.10$31.40(5.14)% 1.16%Take-Two Interactive Software, Inc. ...
Peer gaming stocks Electronic Arts (EA), Activision Blizzard (ATVI), and Zynga (ZNGA) have generated returns of 30%, 31%, and 32%, respectively, in the last 12 months. According to analysts at Wedbush, Take-Two Interactive has two big gaming releases scheduled during the next two years: Red Dead Redemption 2 and an unnamed first-person shooter game. Wedbush expects the shooter game to be Borderland 3.