|Bid||104.83 x 800|
|Ask||104.93 x 900|
|Day's range||104.14 - 108.12|
|52-week range||90.00 - 178.50|
|Beta (5Y monthly)||0.71|
|PE ratio (TTM)||63.53|
|Earnings date||06 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||133.49|
As with many companies in the tech world, the video games industry has suffered from slowing consumer demand after an economically challenging year. As a result, multiple gaming stocks have started 2023 on sale, with bright outlooks over the long term. Here are three top gaming stocks that are screaming buys this February.
Take-Two's (TTWO) fiscal third-quarter results are expected to be negatively impacted by rising operating expenses despite growing digital revenues.
Shares of Take-Two Interactive (NASDAQ: TTWO) were down 2.9% as of 10:55 a.m. ET on Wednesday. Investors have concerns about the near-term trends in gaming following a disappointing earnings report from Electronic Arts on Tuesday. Electronic Arts missed earnings and revenue estimates for the recent quarter, in which management blamed lower engagement for some of its games that is not consistent with historical trends this time of year.