Take-Two Interactive (TTWO) Ascends While Market Falls: Some Facts to Note

Group 1: Company Performance - Take-Two Interactive (TTWO) closed at $260.50, reflecting a +1.37% change from the previous day, outperforming the S&P 500's loss of 0.38% [1] - Prior to the latest trading session, TTWO shares had gained 3.3%, while the Consumer Discretionary sector experienced a loss of 2.35% [1] - The upcoming earnings per share (EPS) for Take-Two Interactive is projected at $0.91, indicating a 37.88% increase year-over-year [2] Group 2: Financial Estimates - The consensus estimate for revenue in the upcoming release is $1.74 billion, representing a 17.72% increase from the same quarter last year [2] - Full-year Zacks Consensus Estimates predict earnings of $2.82 per share and revenue of $6.1 billion, reflecting year-over-year changes of +37.56% and +7.99% respectively [3] - There have been no changes in the Zacks Consensus EPS estimate over the past month, and Take-Two Interactive currently holds a Zacks Rank of 3 (Hold) [5] Group 3: Valuation Metrics - Take-Two Interactive has a Forward P/E ratio of 91.03, which is significantly higher than the industry average Forward P/E of 24.24 [6] - The PEG ratio for TTWO is currently 2.66, compared to the Gaming industry's average PEG ratio of 1.88 [6] Group 4: Industry Context - The Gaming industry is part of the Consumer Discretionary sector and holds a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]