New Lifetime High Reached By Take-Two Interactive Software (TTWO)

Trade-Ideas LLC identified Take-Two Interactive Software (TTWO) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Take-Two Interactive Software

(

TTWO

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Take-Two Interactive Software as such a stock due to the following factors:

  • TTWO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $55.9 million.
  • TTWO has traded 45,920 shares today.
  • TTWO is trading at a new lifetime high.

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More details on TTWO:

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment for consumers worldwide. The company offers its products under the Rockstar Games and 2K labels. Currently there are 7 analysts that rate Take-Two Interactive Software a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for Take-Two Interactive Software has been 1.4 million shares per day over the past 30 days. Take-Two Interactive Software has a market cap of $2.9 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 0.80 and a short float of 17% with 9.00 days to cover. Shares are up 21.4% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Take-Two Interactive Software as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.

Highlights from the ratings report include:

  • TTWO's very impressive revenue growth greatly exceeded the industry average of 18.8%. Since the same quarter one year prior, revenues leaped by 119.5%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • Compared to its closing price of one year ago, TTWO's share price has jumped by 45.43%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • TTWO's debt-to-equity ratio of 0.91 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Regardless of the somewhat mixed results with the debt-to-equity ratio, the company's quick ratio of 1.40 is sturdy.
  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Software industry and the overall market, TAKE-TWO INTERACTIVE SFTWR's return on equity significantly trails that of both the industry average and the S&P 500.
  • The gross profit margin for TAKE-TWO INTERACTIVE SFTWR is currently lower than what is desirable, coming in at 26.40%. It has decreased significantly from the same period last year. Along with this, the net profit margin of -24.34% is significantly below that of the industry average.

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