Take-Two Interactive (TTWO) Stock Dips While Market Gains: Key Facts

Company Overview - Take-Two Interactive (TTWO) closed at $255.40, down 1.15% from the previous trading session, underperforming the S&P 500's gain of 0.34% [1] - Over the past month, TTWO shares have increased by 7.23%, outperforming the Consumer Discretionary sector's decline of 0.7% and the S&P 500's rise of 3.54% [1] Financial Performance - Take-Two Interactive is projected to report earnings of $0.91 per share, reflecting a year-over-year growth of 37.88% [2] - The consensus estimate for revenue is $1.74 billion, indicating a 17.72% increase from the same quarter last year [2] - For the entire fiscal year, earnings are expected to be $2.83 per share and revenue is projected at $6.1 billion, representing changes of +38.05% and +7.99% respectively from the previous year [3] Analyst Sentiment - Recent changes to analyst estimates for Take-Two Interactive suggest a positive outlook, indicating optimism regarding the company's business and profitability [3][4] - The Zacks Rank system, which assesses estimate changes, currently ranks Take-Two Interactive at 3 (Hold) [5] Valuation Metrics - Take-Two Interactive has a Forward P/E ratio of 91.32, significantly higher than the industry average of 25.7, suggesting it is trading at a premium [6] - The company has a PEG ratio of 2.67, compared to the Gaming industry's average PEG ratio of 1.96, indicating a higher valuation relative to expected earnings growth [7] Industry Context - The Gaming industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]