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
___________________________________________________________
LAST QTR: EPS: 2.90/share ESTIMATED: 2.80/share (BEAT)
_____________________________________________________________
NEXT QTR: EPS: .42/share REV: 418.3/M
______________________________________________________
FY19: EPS: 4.78/share REV: 2,950/M
______________________________________________________
*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
Take-Two Interactive (TTWO) closed the most recent trading day at $187.99, moving +1.54% from the previous trading session.
Netflix’s gaming push gains traction, with Squid Game: Unleashed topping charts and Take-Two benefiting from GTA downloads
Take-Two Interactive Software (TTWO) benefits from dominance in popular franchises and genres mitiga
The United States market has experienced a robust performance, rising 3.2% in the last week and climbing 24% over the past year, with all sectors showing gains and earnings projected to grow by 15% annually. In this thriving environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation potential and adaptability to sustain momentum amid evolving market conditions.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore…
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
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.
___________________
TRADE PLAN:
ENTRY: SELL
STOP LOSS: 5%
TAKE PROFIT: 9%
___________________
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.
[/mepr-show
This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.
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.