Take-Two Interactive Software, Inc. (NASDAQ:TTWO) develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and T2 Mobile Games names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead Redemption names; and offers episodes and content, as well as develops brands in other genres, including the LA Noire, Bully, and Manhunt franchises. The company also publishes various entertainment properties across various platforms and a range of genres, such as shooter, action, role-playing, strategy, sports, and family/casual entertainment under the BioShock, Mafia, Sid Meier’s Civilization, XCOM series, and Borderlands. In addition, it publishes sports simulation titles comprising NBA 2K series, a basketball video game; the WWE 2K professional wrestling series; and PGA TOUR 2K. Further, the company offers Kerbal Space Program, OlliOlli World, and The Outer Worlds and Ancestors: the Humankind Odyssey under Private Division; and free-to-play mobile games, such as Dragon City, Monster Legends, Two Dots, and Top Eleven. Its products are designed for console gaming systems, including PlayStation 4 and PlayStation 5; Xbox One; the Nintendo’s Switch; personal computers; and mobile comprising smartphones and tablets. The company provides its products through physical retail, digital download, online platforms, and cloud streaming services. Take-Two Interactive Software, Inc. was incorporated in 1993 and is based in New York, New York.
- Market Cap: 19.64 billion
- PE Ratio: 78.03
- EPS: 1.51
Take-Two Interactive is a well-known game-maker. It’s responsible for games like Grand Theft Auto, Red Dead Redemption, NBA 2K and more. It’s been a bumpy couple of months for the stock price, which topped out in early 2021. At the recent low, shares were down more than 50%.
Based on this year’s earnings estimate of roughly $5 a share, TTWO stock trades at 25x earnings. However, if we look at estimates for next year, which calls for earnings of roughly $8 a share, the valuation plunges down to 15x earnings. If achieved, it will represent growth of almost 60%. In 2024, estimates call for another strong year of growth, at 25%.
Therefore, Take-Two is clearly a pure-play pick when it comes to the best gaming stocks. While it can be volatile, this is one of the premiere game-makers in the business.