TTWO - Take-Two Interactive Software, Inc.
| Previous Close | 125.28 |
| Open | 122.19 |
| Bid | 0.00 x 800 |
| Ask | 133.52 x 1100 |
| Day's Range | 121.55 - 123.92 |
| 52 Week Range | 84.41 - 135.70 |
| Volume | 1,368,576 |
| Avg. Volume | 1,223,030 |
| Market Cap | 13.95B |
| Beta (5Y Monthly) | 0.68 |
| PE Ratio (TTM) | 39.59 |
| EPS (TTM) | 3.11 |
| Earnings Date | Feb 05, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 136.15 |
- Yahoo Finance Video
MARKETS: SPY and QQQ approaching critical resistance; bullish on Take-Two Interactive (TTWO)
Joining Yahoo Finance's Myles Udland is Brian Shannon, CMT and founder of www.alphatrends.net, who breaks down the price action in the SPDR S&P 500 ETF (SPY) and the Invesco QQQ Trust (QQQ) as well as Take-Two Interactive (TTWO).
- Yahoo Finance Video
‘Fortnite’ named the top grossing online video game of 2019
Once again, ‘Fortnite’ holds the title for the top grossing online video games of 2019. According to Nielsen’s Video Game Arm Superdata, Epic Games' 'Fortnite' earned $1.8 billion in sales. Yahoo Finance's On The Move panel discuss.
- Benzinga
MKM Downgrades Take-Two On Valuation
It's not completely clear what might be coming this year and when from game makers Take-Two Interactive Software, Inc (NASDAQ: TTWO ), MKM Partners said in a Friday note. The Analyst MKM's Eric Handler ...
- Investing.com
Take-Two Takes a Hit as Wall Street Questions Content
Investing.com - Videogame maker Take-Two (NASDAQ:TTWO) Interactive stumbled Friday after an analyst cut the stock down a notch.
- Simply Wall St.
A Closer Look At Take-Two Interactive Software, Inc.'s (NASDAQ:TTWO) Impressive ROE
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- Investopedia
Top Video Game Stocks for Q1 2020
The video game industry is involved in the development, marketing and sale of hardware and software, fueled by advances in technology, high-speed connectivity, and customized gadgets. Some of the top companies in the industry today include Sony Corp.
- Zacks
Activision to Release Galakrond's Awakening for Hearthstone
Activision Blizzard (ATVI) is benefiting from franchise strength. The upcoming launch of Galakrond's Awakening for Hearthstone expands its gaming portfolio.
- Bloomberg
DBS Touts E-Sports Stocks as Bet on Millennial, Gen-Z Wealth
(Bloomberg) -- The electronic sports industry is likely to grow significantly in coming years and stocks in the sector are poised to benefit, according to DBS Group Holdings Ltd.E-sports, or multiplayer video games played competitively by professional gamers, is a key investment theme in the Singapore-based bank’s quarterly CIO outlook as the phenomenon gains traction among increasingly wealthy millennials and their Generation Z counterparts. Live streaming will help lead to “exponential growth,” with companies such as Activision Blizzard Inc., Nintendo Co. and Tencent Holdings Ltd. set to benefit, according to Thursday’s report.“E-sports is expected to undergo phenomenal growth in the coming years - from both a viewership and monetization standpoint,” the report said. “Game developers are predominantly the biggest beneficiaries given that they are involved in almost every facet of e-Sports – from games publishing to the creation of leagues and the hosting of tournaments.”Streaming platforms and hardware manufacturers will also benefit, it said.Read: Even Small Esports Names Gain as Industry Matures, Stephens SaysExposure to the field has already been paying off for investors. The MVIS Global Video Gaming and eSports Index is up 47% since the end of 2018, compared with the S&P 500’s 31% advance. The gauge of 25 companies which includes NetEase Inc., Zynga Inc., Take-Two Interactive Software Inc. and Electronic Arts Inc., has risen 3.4% this year versus a 1.4% gain in the broader benchmark.(Adds story link after fourth paragraph.)To contact the reporter on this story: Joanna Ossinger in Singapore at jossinger@bloomberg.netTo contact the editors responsible for this story: Christopher Anstey at canstey@bloomberg.net, Cormac Mullen, Naoto HosodaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Business Wire
Take-Two Interactive Software, Inc. to Report Fiscal Third Quarter 2020 Results on Thursday, February 6, 2020
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that it plans to report financial results for the third quarter of its fiscal year 2020, ended December 31, 2019, after the market close on Thursday, February 6, 2020. The Company plans to hold a conference call to discuss its results at 4:30 p.m. Eastern Time, which can be accessed by dialing (877) 407-0984 or (201) 689-8577. A live, listen-only webcast and a replay of the call will be available at http://ir.take2games.com/.
- Insider Monkey
Hedge Fund Consensus Stocks vs. Take-Two Interactive Software, Inc. (TTWO) In 2019
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
- Zacks
E-sports Boom in 2020 to Bring These Stocks in Focus
Global e-sports industry is expected to witness a boom in 2020 on growing revenues from advertising, sponsorships, media rights, ticket sales to live events and merchandising. Here are few stocks to watch.
- InvestorPlace
Activision Blizzard Is Breaking Out. Can It Get Back to New Highs?
The video game stocks have been very volatile over the past 15 months. Of the group, Activision Blizzard (NASDAQ:ATVI) has certainly seen its share of ups and downs. Despite a steady economy and strong consumer, Activision Blizzard stock has been under tremendous pressure.Source: Piotr Swat / Shutterstock.com Instead of rallying to new highs like many other stocks this year, ATVI stock is simply trying to recover from its massive losses. From peak to trough -- from October 2018 to February 2019 -- shares lost more than 52%.Now though, the stock is in breakout mode. Activision Blizzard stock just hit new 2019 highs and is pushing through some notable levels on the charts. Can it keep up the run or is it just a holiday squeeze?InvestorPlace - Stock Market News, Stock Advice & Trading TipsLet's look at the charts. Trading ATVI Stock Click to Enlarge Source: Chart courtesy of StockCharts.comThe first is the daily chart, followed by weekly action for Activision Blizzard stock below.On the daily chart, ATVI stock is above all of its major moving averages and is making new highs. From here, it looks like it can continue higher, as it's not too overbought (blue circle) and shares are consolidating.A look at the weekly chart unveils a few different notes -- some good, some bad. Starting with the former, we can see that Activision Blizzard stock is also clearing its 200-week moving average. It has been a year since ATVI stock has been above this metric. Further, the breakout on the weekly chart looks very clean from a technical perspective. This is a textbook ascending triangle. Click to Enlarge Source: Chart courtesy of StockCharts.com On the downside, Activision Blizzard stock is nowhere near making new highs. While shares may be hitting their highest levels of 2019, they're well off the 2018 highs up at $84. In fact, ATVI stock would need to rally another 42% just to hit those highs.That's a lot to ask of a stock, even if the chart does look bullish. So what now?I would love to see a rally up to $65, which has been a notable level over the past several years. While atypical to study the three-year chart in regards to Fibonacci levels, the 61.8% retracement does come into play at $65.07 in this case.That would represent a rally of about 10% from current levels. Over that mark and a rally to $70-plus is possible. It won't be a straight line and I'm certainly not sure that Activision Blizzard stock can make new all-time highs in 2020. But rallying to $65 and eventually clearing this mark is the first step.On a pullback, see that $56 to $57 -- the breakout level -- acts as support. If ATVI rallies further before pulling back, see if the 200-week moving average buoys the name. Valuing Activision Blizzard StockLike the charts, there is good and bad in the fundamentals for Activision Blizzard stock. Again, let's start with the good, then the bad.After a tough 2019, where earnings and revenue are expected to sink 15% and 12.2%, respectively, 2020 is forecast to be a better year. Analysts expect revenue to jump 8.3% to $6.9 billion. Further, they expect double-digit earnings growth of 13.1% to $2.50 per share.Some will certainly argue that 24 times earnings is too expensive for ATVI, even if it does have high single-digit revenue growth and double-digit earnings growth. My issue isn't so much the valuation, but rather, the recovery.Let's say the company comes right in line with estimates. That is, earnings of $2.50 per share on sales of $6.9 billion. That's still below 2018's results of $2.60 per share on revenue of $7.26 billion.From a technical perspective, Nvidia (NASDAQ:NVDA) is in a similar boat. It's making new 2019 highs, but at $235, it's still well off the 2018 highs north of $290. Also like Activision Blizzard stock, NVDA saw a big decline in sales and earnings this year. However, its bounce back is vicious, with sales and earnings forecast to rebound ~20% and ~30%, respectively, and make new highs. The Bottom LineObviously chips and video games are two different businesses, but from a fundamental perspective, Nvidia's rebound is what we want to see in Activision Blizzard.The question is, will the market overlook ATVI's modest rebound and accept a return to growth as good enough? Unfortunately, we won't find out until we're slogging through 2020.With all that said though, the company has put the worst behind it and the technicals favor the bulls. Further, the earnings and revenue growth outlook for Activision Blizzard stock is better than both of its two main peers, Electronic Arts (NASDAQ:EA) and Take-Two Interactive Software (NASDAQ:TTWO).Let's see if Activision Blizzard stock can maintain momentum after the holidays.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVDA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post Activision Blizzard Is Breaking Out. Can It Get Back to New Highs? appeared first on InvestorPlace.
- Zacks
Electronic Arts (EA) Launches Apex Legends Global Series
Electronic Arts (EA) is expected to benefit from portfolio strength with the release of Apex Legends Global Series for PC despite intensifying competition.
- Business Wire
2K and UnitedMasters Reveal 10 Artists Joining NLE Choppa and Tobe Nwigwe on the NBA 2K20 In-Game Soundtrack
2K and UnitedMasters today announced the 10 winners of a global contest who will have their songs added to the NBA 2K20 in-game soundtrack. Announced in July, the contest gave artists from around the world the chance to submit songs to UnitedMasters for the opportunity to be featured on the in-game soundtrack. This is the first-time users and fans of NBA 2K have been able to submit their own music to be included in an official soundtrack for the video game.
- Zacks
Activision Rides on Franchise Strength & New COD Release
Activision Blizzard (ATVI) is benefiting from franchise strength. The introduction of Call of Duty: Modern Warfare Battle Pass is expected to boost revenue growth.
- Benzinga
The Game Festival Will Allow Players To Stream Titles Like 'System Shock,' 'Eastward' For 48 Hours
Producers of The Game Awards on Thursday will lead into that event with a new offering called The Game Festival, an opportunity for gamers to try out new games. Today I'm introducing a brand new aspect of #TheGameAwards It's called #TheGameFestival, and tomorrow for 48 hours, you'll get to play 12 new game demos for the first time on @Steam. Other games that will be part of the trial are "Röki," "Wooden Nickel," and "Haven," according to organizer Geoff Keighley.
- Investor's Business Daily
IBD Rating Upgrades: Take-Two Interactive Software Flashes Improved Technical Strength
Take-Two Interactive Software shows rising price performance, earning an upgrade to its IBD Relative Strength Rating
- Zacks
Activision's Descent of Dragons For Hearthstone Now Available
Activision Blizzard (ATVI) is likely to benefit from portfolio strength with the launch of Hearthstone's Descent of Dragons expansion pack despite intensifying competition.
- Zacks
Take Two (TTWO) Launches Cloud Chamber, New Bioshock in Development
Take-Two Interactive (TTWO) announces the launch of new studio to expand portfolio and push the boundaries of interactive entertainment.
- Benzinga
College Esports: 7 Pioneering Programs In The Collegiate Gaming World
Oakland University in Michigan recently announced it will launch a varsity esports program next fall, investing $100,000 into the program, which will offer partial scholarships to student gamers. The team will play “Super Smash Bros.,” “Rocket League” and “League of Legends,” the school said during a press conference. Oakland University is just the latest to officially sanction esports as an intercollegiate competitive program, joining more than 150 other schools that are members of the National Association of Collegiate Esports and about 170 that have varsity esports programs.
- Zacks
Take-Two Launches Kerbal Space Program Expansion on Console
Take-Two (TTWO) is likely to benefit from portfolio strength with the launch of Kerbal Space Program Enhanced Edition: Breaking Ground expansion pack despite intensifying competition.
- Business Wire
2K Announces Newly-Formed Studio – Cloud Chamber™ – Developing Next Iteration in Acclaimed BioShock® Franchise
2K today announced the founding of Cloud Chamber™, the newest, wholly owned game development studio under the Company’s publishing label. A collective of storytellers eager to push the frontlines of interactive entertainment by making unique, entertaining and thoughtful experiences that engage the world, Cloud Chamber will build its team at two locations: 2K’s San Francisco Bay Area headquarters in Novato, Calif., as well as in Montréal, Québec, which marks the first-ever Canadian office for a 2K studio. In addition, 2K announced that Cloud Chamber has started to work on the next iteration of the globally acclaimed BioShock® franchise, which will be in development for the next several years.
- Zacks
Why Is Take-Two (TTWO) Up 5.8% Since Last Earnings Report?
Take-Two (TTWO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Business Wire
Ancestors: The Humankind Odyssey Now Available for PlayStation 4 and Xbox One
Private Division and Panache Digital Games today launched Ancestors: The Humankind Odyssey for PlayStation®4, PlayStation®4 Pro, and across the Xbox One family of devices, including Xbox One X. Ancestors: The Humankind Odyssey is a third-person, exploration, survival game from Panache Digital Games, the independent development studio co-founded in 2014 by Patrice Désilets, the original creative director behind Assassin’s Creed. Previously released on PC in August 2019, Ancestors: The Humankind Odyssey was praised by Comicbook.com as "Truly unique" and "As engrossing as it is dangerous" by Screen Rant.
- Business Wire
Kerbal Space Program Enhanced Edition: Breaking Ground Expansion Now Available for PlayStation 4 and Xbox One
Private Division and Squad today announced that Kerbal Space Program Enhanced Edition: Breaking Ground Expansion is now available for PlayStation®4, PlayStation®4 Pro and across the Xbox One family of devices, including Xbox One X. This highly- anticipated second expansion for Kerbal Space Program Enhanced Edition, brings plenty of fresh content for new and current players on console. The fan-favorite expansion Kerbal Space Program: Breaking Ground previously launched on PC in May 2019.
