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Take-Two Interactive (TTWO) ended the recent trading session at $187.14, demonstrating a -0.39% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.92%. On the other hand, the Dow registered a gain of 0.31%, and the technology-centric Nasdaq increased by 2.03%.
The publisher of "Grand Theft Auto" and other video games's shares have seen an increase of 1.8% over the last month, surpassing the Consumer Discretionary sector's gain of 1.7% and the S&P 500's gain of 0.81%.
The investment community will be closely monitoring the performance of Take-Two Interactive in its forthcoming earnings report. The company is scheduled to release its earnings on February 6, 2025. On that day, Take-Two Interactive is projected to report earnings of $0.58 per share, which would represent a year-over-year decline of 18.31%. Simultaneously, our latest consensus estimate expects the revenue to be $1.39 billion, showing a 3.72% escalation compared to the year-ago quarter.
TTWO's full-year Zacks Consensus Estimates are calling for earnings of $2.51 per share and revenue of $5.61 billion. These results would represent year-over-year changes of 0% and +5.22%, respectively.
Investors might also notice recent changes to analyst estimates for Take-Two Interactive. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Take-Two Interactive presently features a Zacks Rank of #4 (Sell).
Investors should also note Take-Two Interactive's current valuation metrics, including its Forward P/E ratio of 74.76. This valuation marks a premium compared to its industry's average Forward P/E of 12.68.
Also, we should mention that TTWO has a PEG ratio of 2.3. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Toys - Games - Hobbies stocks are, on average, holding a PEG ratio of 0.88 based on yesterday's closing prices.