Jump Report
| Avg Daily Volume: 2,867,524 Market Cap: 10.18B Sector: Technology Short Interest: 4.02 |
EARNINGS EXPECTATIONS:
CONSENSUS EPS: .76/share REV: 506.46/M
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LAST QTR: EPS: 2.90/share ESTIMATED: 2.80/share (BEAT)
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NEXT QTR: EPS: .42/share REV: 418.3/M
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FY19: EPS: 4.78/share REV: 2,950/M
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*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 88% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : -14.72, -6.96, 15.16
POTENTIAL JUMP MOVE: 12-15%
Links To Latest News and Headlines
Recent share performance and business snapshot Take-Two Interactive Software (TTWO) has seen mixed recent returns, with the stock up over the past month and past 3 months, while year to date and 1 year total returns are slightly negative. The company reports annual revenue of US$6,656.4m, split between the United States and international markets. It currently records a net loss of US$298.2m despite positive annual revenue and net income growth rates. See our latest analysis for Take-Two…
Take-Two Interactive Software (NasdaqGS:TTWO) reported its latest earnings with solid contributions from core game franchises and mobile titles. The company paired this performance update with cautious full-year revenue and EBITDA guidance that came in weaker than peers. Management commentary highlighted both the resilience of existing hits and a measured stance toward the coming year. For you as an investor, the update highlights how NasdaqGS:TTWO is balancing established console and PC…
e.l.f. Beauty delivers affordable cosmetics and skin care through a multi-channel model targeting value-conscious consumers worldwide.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the consumer internet stocks, including Take-Two (NASDAQ:TTWO) and its peers.
Take-Two’s first quarter results were well received by the market, reflecting strong execution across its core franchises and robust growth in mobile gaming. Management credited the outperformance to enduring engagement with titles like Grand Theft Auto V and NBA 2K, as well as the continued success of Zynga’s mobile portfolio. CEO Strauss Zelnick highlighted, “These titles have proven to be vastly more resilient than anyone expected,” emphasizing the company’s strength in live services. The dir
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ANALYSIS:
StockJumpers trajectory analysis reveals a drop in price post release on soft investor sentiment. Consensus has earnings at .76/share on bookings of 512 million. They may not meet that or if they do, we don’t see them beating by much. Though competitor EA which just reported a beat and the stock went up post release we are not seeing that here.
We are overall SHORT on the event.
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TRADE PLAN:
ENTRY: SELL
STOP LOSS: 5%
TAKE PROFIT: 9%
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UPDATE: We remain biased short on this trade. The stock is down almost 4% from open so the concern is the move may be priced in. Factor that in your decision to trade it.
POST RELEASE ACTION: Trading was halted prior to the release as they printed much lower expectations. The stock dropped 7% – and then back up to near close level. We grabbed a quick profit and are short again with a belief it will resume dropping in the am.
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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.