Take-Two Interactive Software Inc (TTWO) Expected to Post Q4 2018 Earnings of $0.37 Per Share

Take-Two Interactive Software Inc (NASDAQ:TTWO) – Research analysts at Oppenheimer boosted their Q4 2018 earnings per share estimates for shares of Take-Two Interactive Software in a report issued on Thursday. Oppenheimer analyst A. Uerkwitz now forecasts that the company will post earnings per share of $0.37 for the quarter, up from their previous forecast of $0.27. Oppenheimer currently has a “Outperform” rating and a $135.00 target price on the stock.

Several other research analysts have also issued reports on the stock. TheStreet raised shares of Take-Two Interactive Software from a “c+” rating to a “b” rating in a research note on Wednesday, February 7th. Hilliard Lyons raised shares of Take-Two Interactive Software from an “underperform” rating to a “neutral” rating in a research note on Friday. BidaskClub lowered shares of Take-Two Interactive Software from a “strong-buy” rating to a “buy” rating in a research note on Friday. Morgan Stanley reaffirmed an “overweight” rating and issued a $148.00 target price (down previously from $150.00) on shares of Take-Two Interactive Software in a research note on Thursday. Finally, Credit Suisse Group raised their target price on shares of Take-Two Interactive Software from $125.00 to $128.00 and gave the company a “neutral” rating in a research note on Thursday. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $123.48.

Take-Two Interactive Software (NASDAQ:TTWO) opened at $108.45 on Monday. The stock has a market cap of $12,370.00, a PE ratio of 67.36, a PEG ratio of 3.15 and a beta of 0.85. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.18 and a quick ratio of 1.31. Take-Two Interactive Software has a one year low of $56.13 and a one year high of $129.25.

Hedge funds have recently made changes to their positions in the business. Dupont Capital Management Corp acquired a new stake in Take-Two Interactive Software during the 3rd quarter worth approximately $102,000. Invictus RG raised its holdings in Take-Two Interactive Software by 1,188.8% during the 3rd quarter. Invictus RG now owns 1,031 shares of the company’s stock worth $105,000 after buying an additional 951 shares during the period. JFS Wealth Advisors LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $110,000. Cerebellum GP LLC acquired a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $133,000. Finally, Huntington National Bank raised its holdings in Take-Two Interactive Software by 75.0% during the 4th quarter. Huntington National Bank now owns 1,419 shares of the company’s stock worth $156,000 after buying an additional 608 shares during the period. Hedge funds and other institutional investors own 90.97% of the company’s stock.

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About Take-Two Interactive Software

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.

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

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