Should you buy Take-Two Interactive Stock? (October 2023)
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Take-Two Interactive Stock Analysis. Ticker: TTWO
Take-Two Interactive owns the rights to big video games such as Grand Theft Auto, BioShock, Borderlands and NBA 2K. And it’s been one of the best stocks in the market. Over the last 10 ye...
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Take-Two Interactive Stock Analysis. Ticker: TTWO
Take-Two Interactive owns the rights to big video games such as Grand Theft Auto, BioShock, Borderlands and NBA 2K. And it’s been one of the best stocks in the market. Over the last 10 years, the stock has generated annualized returns of over 20%.
Right now, the company has a market cap of 23 billion dollars. It’s got 900 million of cash and investments and 2.7 billion of long term debt which means the enterprise value is 24.6 billion.
The company generated $5.5 billion in revenue over the last 12 months with a gross margin of 42% but this wasn’t enough to cover all of the operating expenses.
As a result, Take Two’s net income over the last 12 months is negative 1.2 billion with minus 288 million of free cash flow.
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