Post-Trade Analysis: Take-Two Interactive Software, Inc. (TTWO) Slides -0.79, Closing at 153.43

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After finishing at $154.65 in the prior trading day, Take-Two Interactive Software, Inc. (NASDAQ: TTWO) closed at $153.43, down -0.79%. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 0.72 million shares were traded. TTWO stock price reached its highest trading level at $154.81 during the session, while it also had its lowest trading level at $152.82.

Ratios:

Our goal is to gain a better understanding of TTWO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.61.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on May 23, 2024, Upgraded its rating to Buy and sets its target price to $185 from $160 previously.

On May 17, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $154.

Citigroup Upgraded its Neutral to Buy on April 08, 2024, whereas the target price for the stock was revised from $170 to $200.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 06 ’24 when Sheresky Michael sold 218 shares for $167.12 per share. The transaction valued at 36,432 led to the insider holds 64,173 shares of the business.

Emerson Daniel P sold 4,260 shares of TTWO for $694,636 on Jun 04 ’24. The Chief Legal Officer now owns 155,576 shares after completing the transaction at $163.06 per share. On Jun 03 ’24, another insider, Goldstein Lainie, who serves as the Chief Financial Officer of the company, sold 14,321 shares for $162.05 each. As a result, the insider received 2,320,747 and left with 363,346 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TTWO now has a Market Capitalization of 26863114240 and an Enterprise Value of 29065656320. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.02 while its Price-to-Book (P/B) ratio in mrq is 4.62. Its current Enterprise Value per Revenue stands at 5.433 whereas that against EBITDA is 57.272.

Stock Price History:

Over the past 52 weeks, TTWO has reached a high of $171.59, while it has fallen to a 52-week low of $130.34. The 50-Day Moving Average of the stock is 0.42%, while the 200-Day Moving Average is calculated to be 1.36%.

Shares Statistics:

The stock has traded on average 1.66M shares per day over the past 3-months and 1466880 shares per day over the last 10 days, according to various share statistics. A total of 170.80M shares are outstanding, with a floating share count of 160.61M. Insiders hold about 8.23% of the company’s shares, while institutions hold 89.52% stake in the company. Shares short for TTWO as of 1718323200 were 7731008 with a Short Ratio of 4.65, compared to 1715731200 on 7414750. Therefore, it implies a Short% of Shares Outstanding of 7731008 and a Short% of Float of 4.95.

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