Shares of TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) have received a consensus recommendation of “Buy” from the twenty-seven analysts that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and eighteen have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $134.05.

A number of equities analysts recently weighed in on TTWO shares. UBS Group started coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research report on Wednesday, November 13th. They issued a “buy” rating and a $140.00 price target for the company. Wedbush reiterated a “buy” rating and issued a $144.00 target price on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Tuesday, August 6th. MKM Partners raised their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $136.00 to $142.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Piper Jaffray Companies reiterated a “buy” rating on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Wednesday, September 18th. Finally, Morgan Stanley upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $140.00 to $145.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th.

Shares of TTWO stock traded up $2.38 during midday trading on Tuesday, reaching $123.11. 1,688,316 shares of the company were exchanged, compared to its average volume of 1,927,811. TAKE-TWO INTERACTIVE SOFTWARE has a 12 month low of $84.41 and a 12 month high of $135.70. The company has a market cap of $13.75 billion, a P/E ratio of 31.73, a PEG ratio of 4.29 and a beta of 0.70. The company’s 50 day moving average price is $121.17 and its two-hundred day moving average price is $120.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.46 and a current ratio of 1.48.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last posted its quarterly earnings data on Thursday, November 7th. The company reported $2.02 EPS for the quarter, beating the Zacks’ consensus estimate of $1.24 by $0.78. The business had revenue of $950.50 million for the quarter, compared to analyst estimates of $926.91 million. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 11.14% and a return on equity of 26.81%. The business’s revenue for the quarter was up 62.9% on a year-over-year basis. During the same quarter last year, the business earned $1.05 earnings per share. As a group, sell-side analysts predict that TAKE-TWO INTERACTIVE SOFTWARE will post 3.16 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the company. Nuveen Asset Management LLC grew its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 1,012.9% during the second quarter. Nuveen Asset Management LLC now owns 1,493,115 shares of the company’s stock valued at $169,514,000 after purchasing an additional 1,358,953 shares during the last quarter. Southpoint Capital Advisors LP bought a new position in TAKE-TWO INTERACTIVE SOFTWARE in the second quarter valued at about $102,177,000. Massachusetts Financial Services Co. MA raised its holdings in TAKE-TWO INTERACTIVE SOFTWARE by 21.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,075,167 shares of the company’s stock worth $385,441,000 after purchasing an additional 538,535 shares during the last quarter. Invesco Ltd. boosted its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock valued at $528,602,000 after purchasing an additional 467,758 shares during the last quarter. Finally, Boston Partners bought a new position in shares of TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter valued at about $53,070,000. Institutional investors own 90.92% of the company’s stock.

TAKE-TWO INTERACTIVE SOFTWARE 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, as well as under Private Division and Social Point labels. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; and offers downloadable episodes, content and virtual currency, and releasing titles for smartphones and tablets.

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Analyst Recommendations for TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO)

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