Recent notable negative changes in fundamentals have affected Take-Two Interactive Software In (NASDAQ: TTWO): the consensus estimate for March, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for March, 2024 decreased significantly.
Extremely significant negative changes in Take-Two Interactive Software In (NASDAQ: TTWO) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TTWO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Take-Two Interactive Software In has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Take-Two Interactive Software In has a slightly positive Power Rating of 67 and a good Appreciation Score of 74, with the Positive Value Trend Rating the result.
Recent Price Action
Take-Two Interactive Software In (NASDAQ: TTWO) stock declined modestly by -1.2% on 2/27/24. The stock closed at $147.94. Moreover, this decline was accompanied by above average trading volume at 149% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.5% during the last week.
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