Take-Two Interactive Software Inc
Take-Two Interactive Missed Out on Codemasters, Investors Should Be Patient
Take-Two Crushed Its Earnings Estimates, Stock Fell 5%
Take-Two Interactive (NASDAQ:TTWO) stock lost about 5% in after-hours trading on Wednesday following its results for the fourth quarter of fiscal 2020.
EA, TTWO, ATVI: Are Gaming Stocks a Good Bet in 2020?
Gaming stocks have done well for investors over the years. Let’s look at whether Activision Blizzard, Take-Two Interactive, and EA are good bets for 2020.
EA Stock Could Spike after Strong Star Wars Launch
EA launched Star Wars Jedi: Fallen Order on Friday, and the game’s early reviews are encouraging. EA’s valuation is $28.4 billion or 5.5x its forward sales.
Is Sony a Solid Bet in an Uncertain Economy?
Sony (SNE) has long had a reputation for being a formidable global brand. Amid current market uncertainty, is its stock promising?
Is Apple Arcade a Threat to Gaming Companies?
Apple Arcade (AAPL) is a subscription gaming service that was unveiled at Apple’s annual event last week. The service will launch on September 19.
Valuation and Upside Potential for EA, TTWO, and ATVI
Gaming stocks have made a strong comeback in the last six months. Electronic Arts has a 12-month target price of $111.48—12.4% above its current price.
Why Have ATVI Shares Risen 6% Today?
Currently, Activision Blizzard (ATVI) stock is trading at $51.24. The stock is 30% above its 52-week low and 39% below its 52-week high.
Are Video Games Really to Blame for Mass Shootings?
On Monday, all gaming-related stocks dipped significantly. What came as a surprise was the news that caused this decline.
Take-Two Crushes Earnings Estimates, Gains Big after Hours
Shares of leading gaming company Take-Two Interactive (TTWO) rose over 7% after earnings in after-hours trading on August 5. Here’s why.
Activision Blizzard (ATVI) Future Value Uncertain
Shares of leading gaming company Activision Blizzard (ATVI) have been unsteady. The company’s stock is currently trading at early 2017 levels.
Could Take-Two Stock Gain after Its Earnings Release?
Take-Two Interactive (TTWO) is set to announce its fiscal 2020 first-quarter results on August 5. Analysts expect its revenue to rise.
Take-Two Interactive Is Up 30.0% since We Dubbed It Undervalued
In April this year, we identified TTWO as being undervalued, and the stock has risen an impressive 30.0% in the two and a half months since then.
E3 2019: The Big Announcements Shaping the Gaming Space
E3, the annual Electronic Entertainment Expo, is underway in Los Angeles. It’s a trade event for the video gaming industry that sees leading gaming companies make important announcements—including new games. Here’s how the expo has been affecting the market so far—and what you can expect.
How Take-Two Interactive Benefits from a Growing Gaming Industry
The global games industry is expected to reach $183 billion by the end of 2022, up from $130 billion in 2017.
What Games Could Drive Take-Two’s Sales in 2020 and Beyond?
Take-Two’s 2K and Gearbox Software also released Borderlands: Game of the Year Edition for PC, PlayStation 4 (SNE), and Xbox One (MSFT).
What Drove Take-Two’s Sales in 2019?
Take-Two Interactive has managed to grow its sales at a robust pace. The company’s sales rose 48.8% YoY (year-over-year) to $2.67 billion in fiscal 2019.
What’s Driven Take-Two Interactive Stock Up since April?
On April 16, we outlined why Take-Two Interactive (TTWO) stock made for an attractive investment.
Take-Two Stock Has Gained 8.5% in May
Gaming company Take-Two Interactive (TTWO) has gained just over 2% since the start of 2019.
What Analysts Are Projecting for TTWO’s Q4 Earnings
Take-Two Interactive Software (TTWO) is scheduled to release its fiscal 2019 fourth-quarter earnings results on May 13 after the market closes.
How Gaming Stocks Fared as Markets Wrapped the Worst Week of 2019
Last week, Activision Blizzard (ATVI) fell 2.4%, while GameStop (GME) saw downward price action of 5.4%.
Electronic Arts Is Trading at a Discount to Analysts’ Estimates
Among the 27 analysts tracking Electronic Arts, 22 recommended a “buy,” while five recommended a “hold.”
Electronic Arts’ Valuation Compared to Its Peers
Electronic Arts has a forward PE ratio of 28.2x for 2019. The ratio might seem high given the company’s negative revenue and earnings growth.
Electronic Arts: What to Expect from the Earnings Growth
The shift to digital gaming has driven the profit margins higher for Electronic Arts (EA) and its peers over the last few years.
Is Zynga Poised for Significant Growth in 2019 and Beyond?
The stock of gaming company Zynga (ZNGA) has generated a return of 51% in the last 12 months.
How Take-Two’s Valuation Compares with Peers
Take-Two Interactive (TTWO) has a forward PE ratio of 28.9x for 2019.
What Games Are Important for Take-Two’s Revenue Growth?
Take-Two Interactive (TTWO) will be banking on games such as Red Dead Redemption 2, NBA 2K19, and WWE 2K19 to drive sales in fiscal 2019 and beyond.
Red Dead Redemption 2 Is a Key Revenue Growth Driver for Take-Two
Gaming companies such as Take-Two Interactive (TTWO), Electronic Arts (EA), and Activision Blizzard (ATVI) are highly dependent on popular franchises to drive sales.
How Has Take-Two Interactive Performed In 2019?
Take-Two Interactive is up 370% in the last five years and 156% in the last three years.
A Look at Activision Blizzard’s Valuation
Activision Blizzard (ATVI) has a forward PE ratio of 35.9x for 2019.
What Has Affected Activision Blizzard Stock Recently?
Activision Blizzard (ATVI) stock was trading at ~$84 in October 2018. The stock has since lost 43% in market value.
A Look at Activision Blizzard’s 2019 Revenue and Earnings Growth
The global gaming market continues to grow at a robust pace. The gaming market is expected to reach $150 billion this year.
Activision Blizzard: Analysts’ Recommendations in April
For Activision Blizzard, eight analysts recommended a “strong buy,” 14 analysts recommended a “buy,” 11 analysts recommended a “hold.”
TTWO: After a Dismal Year, Analysts See Better Days Ahead
Take-Two Interactive Software (TTWO) has seen downward price action of 8.4% in 2019 based on its closing prices on April 8.
Electronic Arts: Analysts’ Views in April
For Electronic Arts (EA), ten analysts recommended a “strong buy,” 13 analysts recommended a “buy,” and ten analysts recommended a “hold.”
Here’s What Investors Can Expect from Zynga’s Q1 Report
Though 2018 was mostly a turnaround year, Zynga has said that it expects a great start to 2019.
Zynga Is Transferring $200 Million to Its Shareholders
The additional cash that Zynga is planning to raise through various means may end up in the pockets of its shareholders.
Why Zynga May Put Its San Francisco Building on the Block
Zynga (ZNGA) exited 2018 with $581 million in cash, but the company isn’t satisfied with this amount and wants to increase it.
Zynga Banks on New Products to Sustain Its Recovery
According to Zynga (ZNGA), it’s planning to introduce new products to drive growth this year.
ATVI: After Dismal Q1, Wedbush Sees ‘Significant Outperformance’
Activision Blizzard’s price action was supported by a bullish note from Wedbush. The brokerage added Activision Blizzard to its “best idea” list.
Except Electronic Arts, Gaming Stocks Had a Dismal Q1
In the first quarter, Activision Blizzard and Take-Two Interactive Software saw downward price action of 1.5% and 8.3%, respectively.
Gaming Ban and Higher Costs Hit Tencent’s Q4 Earnings
Tencent reported its fourth-quarter earnings results on March 21. The company generated revenue of 84.9 billion Chinese yuan.
Electronic Arts: Has the Apex Legends Frenzy Fizzled Away?
Electronic Arts (EA) has seen upward price action of 25.5% this year.
Wall Street Weighs In on Gaming Stocks in March
Gaming stocks are having a mixed year so far. Electronic Arts has gained 25.5% YTD (year-to-date), but its peers haven’t fared so well.
How Much Upside Do Wall Street Analysts See in TTWO?
Take-Two Interactive Software (TTWO) released its fiscal 2019 third-quarter earnings results on February 6.
Apex Legends Changed the Game for Electronic Arts
Electronic Arts (EA) released its fiscal 2019 third-quarter earnings results on February 5 after the markets closed.
Electronic Arts Surges as Apex Legends Continues Its Strong Run
Electronic Arts stock has seen significant buying interest on optimism over Apex Legends, its first free-to-play battle royale game.
Why Wall Street Fell in Love with Electronic Arts Stock
Electronic Arts (EA) gained 6.8% today as of 10:45 AM EST.
Gaming Industry Struggles Continue with EA’s Top-Line Miss
Electronic Arts missed top-line estimates but posted better-than-expected earnings in the third quarter.
ATVI’s Q4 Earnings: What’s the Word on Wall Street?
Activision Blizzard (ATVI) is scheduled to release its fourth-quarter earnings results on February 12.
Mattel Stock Fell 37.8% in 2018, Sales Deteriorated
On a YTD (year-to-date) basis, Mattel (MAT) stock has fallen 37.8% to $9.56 as of December 21. Mattel is facing soft business trends in China.
Why Is Hasbro Stock Down 11.4% Year-to-Date?
Hasbro (HAS) and other toymakers in the United States have been left in the lurch due to the Toys “R” Us store closures.
Analysts Remain Bullish on Hasbro Entering into 2019
Renowned toymaker Hasbro (HAS) has had a rough year due to the liquidation of Toys “R” Us.
Will Gaming Companies Make a Strong Comeback in 2019?
In this series, we’ve learned that Take-Two Interactive (TTWO) stock has fallen more than 6% in 2018.
Take-Two Interactive Stock Is Down 3.5% in 2018
Gaming companies such as Take-Two Interactive (TTWO) have had a difficult 2018.
How Has Take-Two Interactive Performed since Its Q2 2019 Results?
Shares of gaming company Take-Two Interactive have fallen nearly 18% since it announced its results for the second quarter of fiscal 2019.
Why Gaming Stocks Are a Safe Bet after Their Recent Price Fall
The recent market pullback has resulted in several gaming stocks trading at 52-week lows.
Election Over, Market Still Undecided
We know the nation is politically divided, and now the market is showing us its split personality as well.
Is Activision Blizzard Stock Attractive following Its Fall?
Investors were unimpressed with Activision Blizzard’s fourth-quarter revenue guidance, its Call of Duty: Black Ops 4 sales, and its Diablo Immortal announcement.
What Are Activision Blizzard’s Key Revenue Growth Drivers?
Activision Blizzard’s (ATVI) Call of Duty, World of Warcraft, and Candy Crush continue to be major drivers of its revenue growth.
Activision Blizzard’s Valuation Compared to Its Peers’
We’ve already seen that Activision Blizzard’s’ (ATVI) revenues are expected to rise 4.6% in 2018 and 6.3% in 2019.
ATVI Is Banking on Call of Duty’s Success for Revenue Growth
Activision Blizzard launched its much-awaited Call of Duty: Black Ops 4 on October 12, but the game’s initial response wasn’t too encouraging.
How Mattel Stock Reacted to Third-Quarter Results
Mattel (MAT) reported its third-quarter results on October 25, and the stock fell 2.8% on October 26. It missed its top- and bottom-line estimates.
Why Hasbro’s Third-Quarter Revenue Declined 12%
Hasbro’s (HAS) third-quarter revenues of $1.57 billion missed analysts’ projection of $1.71 billion.
Analysts Revise Targets for Hasbro after Dismal Third Quarter
On October 22, toymaker Hasbro (HAS) announced disappointing results for the third quarter of fiscal 2018.
Will Mattel’s Q3 Bottom-Line Numbers Impress Investors?
Mattel (MAT) is scheduled to announce its third-quarter results on October 25.
What’s Driving Hasbro Stock?
YTD (year-to-date), Hasbro (HAS) stock has risen 8.2% to $98.31 as of October 12.
A Look at Electronic Arts’ Gaming Launches in Fiscal 2019
EA will be launching FIFA 19 on September 28. Madden NFL 19 was launched on Xbox (MSFT) and PlayStation (SNE) on August 10.
Electronic Arts: Stock Performance since Fiscal Q1 2019 Results
Electronic Arts (EA) reported its fiscal Q1 2019 results on July 26. Since then, the stock has fallen 22% to close at $113.84.
Analysts Rate Hasbro a ‘Buy’ but Remain on Sidelines for Mattel
Of the 16 analysts covering Hasbro (HAS) stock, 63.0% recommended a “buy” while 31.0% recommended a “hold.”
A Look at the Valuations for Gaming Stocks
Activision Blizzard’s (ATVI) PE (price-to-earnings) ratio is 34.4x, which is higher than Electronic Arts’ (EA) PE ratio of 31.3x.
A Look at Revenue and Earnings Growth of Gaming Stocks
The global games market is estimated to rise 13.3% year-over-year to $137.9 billion in 2018.
A Look at the Global Gaming Market
Smartphone and tablet gaming revenues are expected to rise 25.5% YoY to $70.3 billion this year, outpacing the gaming industry’s growth.
S&P 500’s Top Losses: Twitter Fell on July 30
Twitter was the S&P 500’s top loss on July 30. Last week, Twitter declined for the third consecutive week. Twitter continued to decline on July 30.
What Are Analysts Recommending for Mattel after Q2 2018?
Since Mattel’s (MAT) second-quarter earnings announcement, most analysts have rated it as a “hold.”
Wall Street Recommendatins for Hasbro after Q2 2018
After the second-quarter earnings announcements, 60% of 15 analysts have rated Hasbro (HAS) a “buy” while 33% rated it a “hold.”
Over 80% of Analysts Covering Electronic Arts Recommend ‘Buy’
Electronic Arts (EA) stock has returned 35% in the last 12 months, 0.1% in the last month, and 1.4% in the last five days.
What Are Zynga’s Four Strategic Priorities?
Zynga (ZNGA) recently outlined four strategic priorities that tie in with its mission to stimulate growth and deliver long-term profitability.
Zynga Betting Big on Live Services in 2018
Zynga (ZNGA) expects live services to deliver more than 95% of its revenue in 2018.
Global Games Market Could Grow 13.3% in 2018
According to gaming research firm Newzoo, there will be approximately 2.3 billion gamers in the world by the end of 2018.
How Gaming Stocks Have Performed in 2018
In this series, we’ll look at the performance of top gaming companies in the United States and some of their key growth drivers.
Zynga Shares Continue to Impress in 2018
Shares of online gaming company Zynga (ZNGA) rose over 27% in May and closed at $4.40.
Our 10, Make That 11, Stocks to Buy Scorecard
Our belief is that you have to be a stock picker today. The Nasdaq (QQQ) is up 8% this year and Dow Jones Industrial Average (DIA) is down 1%.
What Activision Blizzard Expects from the Second Quarter
We’ve seen how Activision Blizzard (ATVI) managed to achieve double-digit revenue growth in the first quarter despite no major gaming releases and what has traditionally been a slow quarter after the holiday season.
Why Activision Blizzard Aims to Target the Battle Royale Gaming Segment
In March, the stock prices of gaming companies Activision Blizzard (ATVI), Take-Two Interactive (TTWO), and Electronic Arts (EA) fell, driven by concerns over the tremendous success of Epic Games’ Fortnite.
Scorecard Update: 5 Stocks I am Watching in a Turbulent Market
It’s been 2 weeks since Market Realist’s CEO picked 5 stocks he was watching in the turbulent market, so let’s take a look back at how those picks have performance compared with the S&P 500.
5 Stocks I am Watching in a Turbulent Market
Looking across industries and sectors to gauge where we are as earnings winds down next week.
Take-Two Continues Share Repurchases
In a bid to enhance shareholder wealth, Take-Two Interactive Software (TTWO) continues to buy back shares.
Social Point Acquisition to Boost Mobile Game for Take-Two
In a bid to bolster its mobile game portfolio, Take-Two Interactive Software (TTWO) bought privately held Social Point in January 2017.
Could Take-Two’s Margins Improve?
To counter competition and gain market share, Take-Two Interactive Software (TTWO) may need to invest heavily in new and innovative product development.
Recurrent Consumer Spending Improving Take-Two’s Outlook
Leading video game company Take-Two Interactive Software (TSS) has provided encouraging net booking estimates for fiscal 4Q18 and fiscal 2018.
How Does Activision Blizzard Compare with Peers in Key Metrics?
Activision Blizzard’s PE ratio is estimated at 41.06x for 2018, which is lower than Zynga’s PE ratio of 46.07x and Take-Two Interactive’s PE ratio of 74x.
These Were Activision Blizzard’s Top Selling Games in 2017
Activision Blizzard’s (ATVI) Call of Duty was launched about 14 years ago and has been a favorite ever since.
Why Activision Blizzard’s Revenues Are Expected to Rise in Fiscal 2018
Analysts expect Activision Blizzard’s (ATVI) revenues to rise 10.8% YoY (year-over-year) to $1.33 billion in 1Q18.
Electronic Arts versus Analyst Price Target Estimates
Electronic Arts (EA) has returned 44% in the trailing 12 months, 0.5% in the last month, and -1.6% in the trailing five days.
How EA Compares with Peers: Revenue Growth and Other Metrics
In the table below, you can see that analysts expect revenue growth for Electronic Arts (EA) to continue in fiscal 2018 and beyond.
Why Electronic Arts Expects Revenue to Rise 5.3% in Fiscal 2018
Electronic Arts (EA) expects GAAP (generally accepted accounting principles) revenue of $5.1 billion in fiscal 2018, a YoY (year-over-year) rise of 5.3% to $4.84 billion in fiscal 2017
How Zynga Is Spending Its Cash
With Zynga (ZNGA) hitting profitability milestones in its recent quarters, its cash holdings have grown.
What to Expect as Zynga Reports 4Q17 Results
Video game publisher Zynga (ZNGA) is scheduled to report its 4Q17 earnings on February 7, 2018. Zynga’s guidance calls for 4Q17 revenue of $215 million.
Activision Blizzard versus Analyst Estimates this Month
Activision Blizzard (ATVI) has generated returns of 77% in the trailing-12-month period, 11% in the last month, and -1.5% in the trailing five-day period.