TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) has received a consensus recommendation of “Buy” from the twenty-seven research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $134.05.

TTWO has been the subject of a number of recent analyst reports. UBS Group initiated coverage on TAKE-TWO INTERACTIVE SOFTWARE in a research note on Wednesday, November 13th. They issued a “buy” rating and a $140.00 price objective for the company. Oppenheimer raised their target price on TAKE-TWO INTERACTIVE SOFTWARE from $135.00 to $145.00 in a research report on Wednesday, September 11th. BMO Capital Markets lifted their target price on TAKE-TWO INTERACTIVE SOFTWARE to $120.00 and gave the stock a “market perform” rating in a research note on Tuesday, November 12th. Wedbush reissued a “buy” rating and issued a $144.00 price target on shares of TAKE-TWO INTERACTIVE SOFTWARE in a report on Tuesday, August 6th. Finally, MKM Partners increased their price target 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.

Shares of TTWO stock traded up $2.38 on Tuesday, hitting $123.11. The stock had a trading volume of 1,688,316 shares, compared to its average volume of 1,927,811. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.48 and a quick ratio of 1.46. The business has a 50 day moving average of $121.17 and a 200 day moving average of $120.04. TAKE-TWO INTERACTIVE SOFTWARE has a 12-month low of $84.41 and a 12-month high of $135.70. The stock has a market cap of $13.75 billion, a price-to-earnings ratio of 31.73, a price-to-earnings-growth ratio of 4.29 and a beta of 0.70.

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

Institutional investors have recently bought and sold shares of the company. Nuveen Asset Management LLC raised its stake in shares of TAKE-TWO INTERACTIVE SOFTWARE by 1,012.9% during the 2nd 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 period. Southpoint Capital Advisors LP bought a new position in TAKE-TWO INTERACTIVE SOFTWARE in the 2nd quarter worth about $102,177,000. Massachusetts Financial Services Co. MA boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 21.2% in 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 period. Invesco Ltd. boosted its stake in TAKE-TWO INTERACTIVE SOFTWARE by 11.2% in the 2nd quarter. Invesco Ltd. now owns 4,656,054 shares of the company’s stock worth $528,602,000 after purchasing an additional 467,758 shares during the period. Finally, Boston Partners purchased a new position in TAKE-TWO INTERACTIVE SOFTWARE during the 2nd quarter valued at about $53,070,000. 90.92% of the stock is owned by hedge funds and other institutional investors.

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.

Recommended Story: How to find the components of the quick ratio

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

Receive News & Ratings for TAKE-TWO INTERACTIVE SOFTWARE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAKE-TWO INTERACTIVE SOFTWARE and related companies with MarketBeat.com's FREE daily email newsletter.