Could Take-Two Interactive Software Inc. (NASDAQ:TTWO) burn your fingers?


Here is a look at the scorecard of Take-Two Interactive Software Inc. (NASDAQ:TTWO) for the most recent quarter as well as analyst estimates for the coming periods.

The company generated sales of 476.47M%, implying an increase of 0.13% compared to a similar quarter a year earlier.

To achieve the reported sales of 476.47M% for the quarter, the company incurred $310.8M in cost of goods. Therefore, after taking into account the cost of sales, Take-Two Interactive Software Inc. emerged with a gross income of $165.67M.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announcing that one of the most anticipated games ever, Red Dead Redemption 2, would be delayed for a release until spring of next year, traders were still cautiously optimistic about the company. Activision also hit a new high after BTIG’s Rich Greenfield mentioned Disney should get a bigger role in the video game arena.

Let?s look into the technical of the stock

The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend.

Take-Two Interactive Software Inc. also incurred other expenses in the course of operation. So after taking those into account as well, it exited the quarter with EPS of $(0.33). The company had 90.43M diluted outstanding shares at the end of the quarter.

For the next quarter, analysts on the average are modeling EPS of $0.78.

Take-Two Interactive Software Inc.’s cash balance at the end of the most recent quarter was 1.32B%. The company generated free cash flow of $194.76M during the quarter, with net operating cash flow being $200.84M. Net change in cash was $179.86M.

What is Wall Street thinking about Take-Two Interactive Software Inc.? So far 16 analysts have weighed on the stock, and from that it has average analyst recommendation of Overweight and average price target of $68.67. To put the analyst recommendation into perspective, recommendation in the range of 1.00 – 1.24 implies a BUY recommendation, while 1.25 – 1.74 implies OVERWEIGHT. HOLD recommendation is represented by 1.75 – 2.24, UNDERWEIGHT is represented by 2.25 – 2.74 while SELL is represented by 2.75 – 3.00.

Does Take-Two Interactive Software Inc. have a healthy balance sheet? A look at the company’s balance sheet at the end of the most recent quarter shows that it reflects total assets of $3.09B, offset by total liabilities of $2.27B.