|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||134.53 - 136.34|
|52 Week Range||92.81 - 138.65|
|PE Ratio (TTM)||84.72|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||137.95|
In the chart below, we can see how Take-Two Interactive (TTWO) has been able to deliver robust long-term growth in net bookings. Take-Two Interactive’s net bookings have risen at a CAGR (compound annual growth rate) of 19.0% from $826.0 million in fiscal 2012 to almost $2.0 billion in fiscal 2018.
2K, publisher of NBA 2K - the number one rated and selling basketball simulation entertainment series - today announced the launch of 2K Foundations. Created to support underserved communities across the nation by refurbishing basketball courts in neighborhoods that need them the most, 2K Foundations will also provide essential technology upgrades in local community centers that will enable STEM (science, technology, engineering and mathematics) education programming for youth.
Take-Two Interactive (TTWO) is one of the leading producers and distributors of interactive entertainment and has seen tremendous growth over the last few years. Its primary focus to drive revenues is increasing user engagement and recurrent consumer spending.
The holiday season is the most critical time of year in the video game industry as investors and publishers watch closely to see which games are going to me the season’s must-have holiday gifts. Activision Blizzard, Inc. (NASDAQ: ATVI) and Take-Two Interactive Software, Inc (NASDAQ: TTWO) are well-positioned with their holiday releases. Activision Blizzard is releasing “Call of Duty: Black Ops 4,” “World of Warcraft” and “Destiny” expansions, and Take-Two’s “Red Dead Redemption 2” is one of the most highly-anticipated and potentially largest releases of the holiday season.
As the holiday season approaches, many videogame makers plan to cash in on the increased U.S. consumer spending by selling popular new game releases. Two of those companies - and their stocks - are especially well poised to benefit: Activision Blizzard Inc. ( ATVI) and Take-Two Interactive Software Inc. ( TTWO), according to KeyBanc analyst Evan Wingren. The four biggest companies may do well as far as sales. Wingren says he expects revenues of Activision, Take-Two, Electronic Arts Inc. ( EA) and Ubisoft to grow 20% year over year in the fourth quarter.
Its Rockstar Games label publishes some of the most successful game brands in the industry, including Grand Theft Auto, Red Dead Redemption, Max Payne and Manhunt. Its 2k Games label has a stable of best sellers like NBA 2k, WWE 2k, Bioshock and Borderlands as well as others. NBA 2k is the top-rated and top-selling basketball game in the segment.
In the chart below, we can see that Take-Two Interactive (TTWO) has outlined its growth projections in the global games market. The gaming industry is estimated to grow from $123.0 billion in 2017 to $137.0 billion in 2018 and might reach $166.0 billion by the end of 2022. Take-Two Interactive and its peers Activision Blizzard (ATVI), Electronic Arts (EA), and Zynga (ZNGA) have an opportunity to drive revenues in a growing market.
Among its peers, Electronic Arts (EA), Activision Blizzard (ATVI), and Zynga (ZNGA) expect to see their revenues rise 2.8%, 16.3%, and 20.0%, respectively, in the 2018 holiday season. The holiday season is a key revenue driver not just for consumer and electronic companies, but also for gaming companies.
Take-Two Interactive (TTWO) stock was trading at $12.00 at the start of 2013. That year, the gaming company’s stock price rose 44.0% to $17.60. Take-Two stock rose 59.0% in 2014, 24.0% in 2015, and 41.0% in 2016 to $49.29.
Take-Two Interactive Software, Inc. announced the results of the stockholder vote at its Annual Meeting of Stockholders held today.
Take Two's (TTWO) upcoming release of NBA 2K Playgrounds 2 will help the company expand its presence in the basketball video game market.
The individual content packages will begin releasing in late 2018, with some packages releasing in early 2019, for the PlayStation® 4 computer entertainment system, the Xbox One family of devices including the Xbox One X, and Windows PC. “WWE 2K19’s downloadable content will offer many popular playable WWE, NXT and 205 Live Superstars, as well as our largest offering of new moves to date,” said Greg Thomas, President at Visual Concepts.
2K today announced in-game soundtrack details for WWE® 2K19, the forthcoming release in the flagship WWE video game franchise. The soundtrack was exclusively revealed yesterday by WWE Superstars The New Day® and Elias™ – along with global hip-hop magnate and WWE superfan Wale on UpUpDownDown™, WWE Superstar Xavier Woods®’ preeminent gaming YouTube channel. Executive produced and personally curated by several WWE Superstars as a special gift to the WWE Universe, WWE 2K19’s soundtrack features 12 unique songs across hip-hop, hard rock, heavy metal and alternative/indie rock that represent many of the Superstars’ favorites when preparing for a match, on the road, in the gym or relaxing at home.
The S&P 500 telecommunications sector is morphing into an all-new communications services sector, effective at the end of September; the sector shuffle has implications for shareholders of dozens of legacy and newer U.S. media, entertainment and telecommunications stocks. Here's how one top Wall Street technician plans to profit from the move.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting TTWO. Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Are you looking for a post-summer portfolio boost? Look no further. Investment firm Oppenheimer has released a bullish report highlighting its latest Top Stock Picks for September 2018. "These are the most timely stocks in the opinion of our research analysts" stated the firm. "Each analyst was asked to contribute the one idea they considered to outperform over the next 12 months, based on their view of the company's fundamentals in the context of current market conditions." The report lists 30 top stocks. But here I focus on the seven stocks that truly stand out from the crowd. I used TipRanks' market data to cherry-pick the report's best stocks. These are the the stocks which boast a "strong buy" consensus rating from the Street. This is based on all the ratings each stock has received over the last three months. That way we have the added reassurance of knowing that these stocks score big across the board.Let's take a closer look at these hot shots now: SEE ALSO FROM KIPLINGER: 12 Top Stock Picks to Shield Your Portfolio
Gaming companies Electronic Arts (EA), Take-Two Interactive (TTWO), and Activision Blizzard (ATVI) bank heavily on successful franchises to drive revenue. A successful franchise can easily churn over a billion dollars for gaming companies. While EA has the FIFA and NFL sports franchises, Activision has the Call of Duty franchise. Take-Two has its blockbuster game Grand Theft Auto.
News that EA is delaying its upcoming "Battlefield V" shooter has sent its shares down, but the market is losing focus on what really drives the company's performance.
Electronic Arts (EA) reported its fiscal Q1 2019 results on July 26. EA stock fell 12% in August after it announced that its Battlefield V game was delayed and would launch on November 20 instead of October 19.
Take-Two Interactive Software, Inc. (TTWO) today announced that the Company will provide a live listen-only webcast of its Annual Meeting of Stockholders to be held on Friday, September 21, 2018 at 9:00 a.m. Eastern Time. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made.
2K and Firaxis Games today announced that Sid Meier’s Civilization® VI, winner of The Game Awards’ Best Strategy Game, DICE Awards’ Best Strategy Game and latest entry in the prestigious Civilization franchise, is coming to Nintendo Switch™ on November 16, 2018. Additionally, 2K and Firaxis Games have partnered with Aspyr Media to bring Civilization VI to Nintendo Switch and ensure the experience meets the same high standards of the beloved series.
On August 15, MKM Partners increased the price target for HAS stock to $115.00 from $92.00. It also raised its rating to “buy” from “neutral.” Consumer Edge Research commenced coverage with an “overweight” rating and a price target of $115.00. The 12-month average target price for Hasbro is $109.79, which reflects an 8.1% upside to its price on September 11.