TTWO

Take-Two Interactive Software Inc

TMT


Presented:05/16/2018
Price:$113.07
Cap:$13.30B
Current Price:$156.05
Cap:$27.35B

Presented

Date05/16/2018
Price$113.07
Market Cap$13.30B
Ent Value$11.23B
P/E Ratio69.37x
Book Value$12.25
Div Yield0%
Shares O/S117.64M
Ave Daily Vol2,798,155
Short Int3.21%

Current

Price$156.05
Market Cap$27.35B
Take-Two Interactive Software, Inc. is a developer, marketer and publisher of interactive entertainment for consumers around the globe. The company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K. Its products are designed for console systems, handheld gaming systems and personal computers, including smart phones and tablets and are delivered through physical retail, digital download, online platforms and cloud streaming services. Take-Two Interactive Software was founded by Ryan A. Brant in 1993 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Activision Blizzard Inc (ATVI), Electronic Arts Inc (EA), Take Two Interactive Software Inc (TTWO)

Highlights

The presenter is long shares of Take Two Interactive (TTWO), which reported Q4 FY '18 earnings after the close on the day of the presentation. In his opinion, the risk/reward setup is bullish with the stock trading at ~$113, as management’s commentary and guidance could set the stage for a multi-year EPS growth story. Fortnite fears may have peaked during Q4 2018/Q1 2019, and while the guide for June is bad in absolute terms, TTWO has been facing tough comps and the two-year stack has “held up nicely”, in his opinion. If the stock continues to trade at 25x forward earnings, and the presenter’s $6/share estimate for two-year stack earnings is accurate, the stock would be worth $150 in 12 months’ time.

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Idea Discussion

Commentor 1 - 2 weeks ago

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