TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $98.46, but opened at $96.03. TAKE-TWO INTERACTIVE SOFTWARE shares last traded at $92.43, with a volume of 3810708 shares.

TTWO has been the subject of a number of research analyst reports. TheStreet upgraded shares of TAKE-TWO INTERACTIVE SOFTWARE from a “c+” rating to a “b+” rating in a research report on Wednesday, February 6th. Benchmark upped their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE from $124.00 to $156.00 and gave the stock a “buy” rating in a research report on Thursday, February 7th. Goldman Sachs Group initiated coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Wednesday, January 30th. They set a “buy” rating and a $130.00 price objective for the company. MKM Partners reduced their price objective on shares of TAKE-TWO INTERACTIVE SOFTWARE to $130.00 and set a “buy” rating for the company in a research report on Friday, January 25th. Finally, Deutsche Bank initiated coverage on shares of TAKE-TWO INTERACTIVE SOFTWARE in a research report on Tuesday, January 22nd. They set a “buy” rating and a $130.00 price objective for the company. One analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $134.92.

The firm has a market capitalization of $10.17 billion, a PE ratio of 52.82, a price-to-earnings-growth ratio of 1.63 and a beta of 1.01.

TAKE-TWO INTERACTIVE SOFTWARE (NASDAQ:TTWO) last released its earnings results on Wednesday, February 6th. The company reported $3.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.02 by $1.17. TAKE-TWO INTERACTIVE SOFTWARE had a net margin of 14.26% and a return on equity of 28.92%. The business had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the prior year, the firm earned $1.12 earnings per share. The company’s revenue for the quarter was up 139.9% compared to the same quarter last year. Analysts predict that TAKE-TWO INTERACTIVE SOFTWARE, INC will post 3.15 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in TTWO. Lavaca Capital LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the fourth quarter valued at about $25,000. Phocas Financial Corp. purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the fourth quarter valued at about $26,000. Synovus Financial Corp grew its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 381.5% in the fourth quarter. Synovus Financial Corp now owns 260 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares during the period. TCI Wealth Advisors Inc. grew its holdings in shares of TAKE-TWO INTERACTIVE SOFTWARE by 348.4% in the fourth quarter. TCI Wealth Advisors Inc. now owns 278 shares of the company’s stock valued at $29,000 after purchasing an additional 216 shares during the period. Finally, Kistler Tiffany Companies LLC purchased a new stake in shares of TAKE-TWO INTERACTIVE SOFTWARE in the fourth quarter valued at about $31,000. 95.84% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “TAKE-TWO INTERACTIVE SOFTWARE (TTWO) Shares Gap Down to $96.03” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/take-two-interactive-software-ttwo-shares-gap-down-to-96-03/2890669.html.

TAKE-TWO INTERACTIVE SOFTWARE Company Profile (NASDAQ:TTWO)

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.

Further Reading: What is Net Asset Value (NAV)?

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.