Take-Two Interactive (TTWO) Getting Somewhat Favorable Media Coverage, Analysis Finds

Headlines about Take-Two Interactive (NASDAQ:TTWO) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Take-Two Interactive earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.6404955257388 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern’s scoring:

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TTWO has been the subject of a number of research reports. BidaskClub raised shares of Take-Two Interactive from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. Barclays reissued an “overweight” rating and issued a $128.00 target price (up previously from $121.00) on shares of Take-Two Interactive in a report on Thursday, February 8th. Morgan Stanley reissued an “overweight” rating and issued a $148.00 target price (down previously from $150.00) on shares of Take-Two Interactive in a report on Thursday, February 8th. Credit Suisse Group increased their target price on shares of Take-Two Interactive from $125.00 to $128.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Finally, Hilliard Lyons raised shares of Take-Two Interactive from an “underperform” rating to a “neutral” rating in a report on Friday, February 9th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $123.10.

NASDAQ TTWO traded down $2.39 during trading hours on Friday, reaching $98.38. The company’s stock had a trading volume of 1,745,234 shares, compared to its average volume of 2,674,889. The firm has a market cap of $11,725.83, a PE ratio of 51.51, a price-to-earnings-growth ratio of 1.61 and a beta of 1.04. Take-Two Interactive has a 52 week low of $61.95 and a 52 week high of $129.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.18 and a quick ratio of 1.17.

Take-Two Interactive (NASDAQ:TTWO) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.34. The business had revenue of $653.94 million during the quarter, compared to analyst estimates of $669.08 million. Take-Two Interactive had a net margin of 9.43% and a return on equity of 27.78%. research analysts anticipate that Take-Two Interactive will post 2.43 earnings per share for the current fiscal year.

In other Take-Two Interactive news, President Karl Slatoff sold 12,263 shares of the firm’s stock in a transaction that occurred on Wednesday, April 4th. The shares were sold at an average price of $93.95, for a total transaction of $1,152,108.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Strauss Zelnick sold 252,197 shares of the firm’s stock in a transaction that occurred on Wednesday, April 4th. The stock was sold at an average price of $95.63, for a total transaction of $24,117,599.11. The disclosure for this sale can be found here. In the last quarter, insiders sold 492,559 shares of company stock valued at $47,115,477. 1.55% of the stock is owned by company insiders.

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Take-Two Interactive Company Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

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