Take-Two Interactive (TTWO) Stock Declines While Market Improves: Some Information for Investors

Company Overview - Take-Two Interactive's upcoming earnings report is anticipated with EPS projected at $0.01, a significant decrease of 97.22% from the same quarter last year [1] - Revenue is forecasted to be $1.24 billion, reflecting a growth of 2.79% compared to the same quarter of the previous year [1] - For the entire fiscal year, earnings are estimated at $2.52 per share and revenue at $5.64 billion, indicating changes of +0.4% and +5.67% respectively from the prior year [6] Valuation Metrics - The company has a Forward P/E ratio of 63.01, which is a premium compared to the industry average Forward P/E of 17.29 [3] - Take-Two Interactive's PEG ratio stands at 1.94, while the average PEG ratio for the Toys - Games - Hobbies industry is 1.37 [11] Industry Context - The Toys - Games - Hobbies industry is part of the Consumer Discretionary sector and currently holds a Zacks Industry Rank of 233, placing it in the bottom 8% of over 250 industries [4] - The Zacks Rank system indicates that Take-Two Interactive currently has a rank of 5 (Strong Sell) [7] Stock Performance - Prior to the latest trading day, Take-Two Interactive's shares had gained 1.43% over the past month, underperforming the Consumer Discretionary sector's gain of 2.11% and the S&P 500's gain of 3.22% [8] - The stock closed at $157.54, moving -0.94% from the previous trading session, which was behind the S&P 500's daily gain of 0.16% [9] Analyst Estimates - Recent changes to analyst estimates for Take-Two Interactive suggest a shifting landscape in near-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [10]