Stock Rating Downgrade
The Value Trend Rating for Take-Two Interactive Software In (NASDAQ: TTWO) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Take-Two Interactive Software In (NASDAQ: TTWO) stock increased 1.7% on 4/8/24. The shares closed at $153.65. However, below average trading volume at 76% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
TTWO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Take-Two Interactive Software In has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Take-Two Interactive Software In has a neutral Power Rating of 50 but a good Appreciation Score of 74, triggering the High Neutral Value Trend Rating.
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