Will Take-Two Interactive's "Grand Theft Auto V" Deliver Another Blowout Quarter?
![Will Take-Two Interactive's "Grand Theft Auto V" Deliver Another Blowout Quarter?](https://assets2.sharewise.com/attachment/file/59361/open-uri20170728-5620-3xefez "Will Take-Two Interactive's "Grand Theft Auto V" Deliver Another Blowout Quarter?")
Trading near all-time highs and valued at roughly 47 times forward earnings estimates, Take-Two Interactive (NASDAQ: TTWO) is priced for stellar performance and will be under the microscope when it reports first-quarter earnings on Aug. 2. Whether the company turns in another blockbuster quarter will mostly hinge on the performance of its hugely successful Grand Theft Auto V.
Strong unit sales and spending on the game's online mode have been at the heart of the publisher's tremendous stock performance over the last three years, and there are questions as to how long the title can continue to defy gravity. Take-Two is guiding for GTA V's sales to slow in the current fiscal year, which is sensible given that the title first launched in September 2013, but there are signs that point to the company's runaway hit once again surpassing expectations and driving another blockbuster earnings period.
Image source: Take-Two Interactive.
Source: Fool.com
Take-Two Interactive Aktie
Rein positive Einschätzungen für Take-Two Interactive, nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Das Kursziel von 171 € für Take-Two Interactive weist auf eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 140.42 € hin.
