Take-Two Interactive Software, Inc. (TTWO) is making a move up in the market today. The company, focused on the technology industry, is currently trading at $94.37 after a move up of -2.20% so far today. When it comes to technology stocks, there are quite a few aspects that have the potential to cause gains in the market. One of the most common is news. Here are the recent headlines centered around TTWO:

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However, when making an investing decision, investors should take a look at far more than news, this is especially the case in the ever evolving tech industry. Here’s what’s happening with Take-Two Interactive Software, Inc..

Performance Trends That We’ve Seen From TTWO

Although a single session gain, like the gain that we’re seeing from Take-Two Interactive Software, Inc. may cause excitement in some investors, a single session move alone should not be the basis of a decision to, or not to, buy a company’s stock. It’s always important to take a look at trends for a period longer than a single session. In the case of TTWO, below are the returns that investors have seen:

  • Weekly – In the past 5 trading sessions, TTWO has produced a change in value amounting to -1.72%.
  • Past 30 Days – The return on investment from Take-Two Interactive Software, Inc. over the last 30 days works out to 8.15%.
  • Past Three Months – Throughout the past three months, the stock has produced a return on investment that works out to -11.10%
  • Past Six Months – Throughout the last 6 months, investors have seen a change that works out to -29.85% from the company.
  • This Year So Far – Since the open of this year TTWO has generated a return on investment of -8.33%.
  • Full Year – Finally, throughout the last full year, we have seen movement of -3.17% out of TTWO. In this period of time, the stock has traded at a high of -32.55% and a low price of 11.80%.

Ratios Of Note

Looking at various key ratios associated with a stock can give prospective traders an understanding of just how risky and/or rewarding a pick might be. Here are some of the most important ratios to think about when looking at TTWO.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it means that more investors have a belief that the value of the stock is going to go down. Across the sector, strong technology stocks can have a lower short ratio. However, we also tend to see quite a few short squeezes in the industry. Nonetheless, when it comes to Take-Two Interactive Software, Inc., the stock’s short ratio comes to 1.97.

Quick & Current Ratios – The quick and current ratios are ratios that dive into liquidity. Essentially, they measure If a company is able to cover its debts when they come due with only quick assets or current assets. Because in tech, several companies are reliant on continued investor support as they work to bring new technologies to market, the current and quick ratios can look bad. However, some better companies in the tech sector come with great current and quick ratios. In terms of TTWO, the quick and current ratios total up to 1.40 and 1.40 respectively.  

Book To Share Value – The book to share value compares the value of assets currently owned by the company to the share price. In the case of Take-Two Interactive Software, Inc., the book to share value ratio equates to 17.87.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value is 13.83.

Investors Tend To Follow The Big Money

One thing I have learned in my short time here has been that smart investors tend to follow big money. So, investors that are looking to play it relatively safe will pay close attention to trades made by institutional investors and those on the inside. So, where is the big money as it relates to TTWO? Here’s what’s going on:

  • Institutional Investors – As it stands now, institutional investors own 98.30% of the company. On the other hand, it is important to mention that the ownership held by institutions has moved in the amount of 4.65% over the last 3 months.
  • Insider Moves – as it relates to insiders, those close to the situation currently hold 0.20% of Take-Two Interactive Software, Inc.. Their ownership of the company has moved -5.54% throughout the past 3 months.

Analyst Opinions With Regard To Take-Two Interactive Software, Inc.

While it’s rarely a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their thoughts to validate your own opinions when it comes to making investment decisions in the tech sector. Here are the most recent moves that we’ve seen from analysts when it comes to TTWO.

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Jan-30-19 Initiated Goldman Buy $130
Jan-22-19 Initiated Deutsche Bank Buy $130
Jan-16-19 Initiated Gabelli & Co Buy $136
Jan-11-19 Initiated Stephens Overweight $138
Dec-18-18 Resumed Buckingham Research Buy $130

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $4.97. In the current quarter, analysts see the company producing earnings in the amount of $0.78. Over the last 5 years, TTWO has generated revenue in the amount of $8.10% with earnings coming in at 45.50%. On a quarter over quarter basis, earnings have seen movement of 399.70% and revenue has seen movement of 159.70%.

A Look At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 115.70M shares of Take-Two Interactive Software, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, TTWO has a float of 111.86M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to TTWO, the short percent of the float is 5.41%.

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