![]() ![]() Take2 Games has one of the most impressive game catalogs in the industry. ★ 108 Videos + 3 Full eBooks + 5 Scripts for TradingView & Stock Rover ★ ★ Fully Guided Videos, eBooks & Lifetime Email Support ★ ★ Exclusive Bonus Course – The Stock Market Crash Detector Strategy ★ ★ LST Beat the Market Stock Picking Strategy ★ ★ Liberated Stock Trader Pro Stock Investing & Trading Course ★ Invest in yourself! Get all our courses & strategies for 50% off Rockstar Games and 2K can build MMOGs of popular games such as Red Dead and Grand Theft Auto. The SocialPoint and Nordeus mobile games could make money from subscriptions, however. MMOGs, such as Fortnite and League of Legends, make money because thousands pay to play them daily. Take2 is not generating much cash flow from Massive Multiplayer Online Games (MMOGs) like Blizzard Activision and Tencent Holdings. ![]() One reason Take2 is not growing is that it relies heavily on traditional console games, which are sold as standalone products. Take2 shows games can generate cash flow, but the cash does not always indicate growth. That number grew to $3.189 billion on June 30, 2021. Take2 had $2.548 billion in cash and short-term investments on March 31, 2020. The cash and short-term investments grew during the pandemic. Take2 Interactive has a small amount of debt. However, the total debt rose slightly from $177 million on March 31, 2020, to $188 million on June 30, 2021. Take2 reported six straight quarters of negative financing cash flow between March 31, 2020, and June 30, 2021. Take2 survived the first pandemic year without borrowing. The quarterly operating cash flow fell from $445.52 million, and the quarterly ending cash flow fell from $2.161 billion on June 30, 2020. It reported a quarterly operating cash flow of $148.24 million and a quarterly ending cash flow of $2.157 billion on June 30, 2022 ![]() Take2 Interactive can generate some cash. This means that investors may be overpaying for Rockstar stock. The Margin of Safety is the calculation investors use to value a company based on its forward discounted cash flow. This values Take2 at $20 billion with a stock price of around $170.Īccording to Stock Rover, Take-Two Interactive is overvalued because its current Margin of Safety is -17%. Rockstar/Take-Two Interactive’s stock price has risen 380% in the last 5 years. Take2Games is the parent company that owns Rockstar Games, 2K, Socialpoint, Ghost Story, Private Division, and other game publishers. Take2 trades on the NASDAQ stock exchange as TTWO. ![]() The stock ticker symbol for Rockstar Games, the publisher of Grand Theft Auto, is TTWO, representing Take Two Interactive Software Inc., commonly known as Take2Games. TTWO is a leading games developer and publishing house that owns 2K games. (TTWO) is the current owner of Rockstar Games. Rockstar sold five million Grand Theft Auto V copies between May and August 2022. Rockstar Games sold over 350 million Grand Theft Auto games between 1997 and August 2021. Grand Theft Auto V is one of the critically acclaimed and commercially successful video games of all time, with 145 million copies sold, according to the TTWO financial reports. You can buy stock in Rockstar, the makers of Grand Theft Auto, by buying TTWO shares. The author or Liberated Stock Trader is not affiliated, paid by, or owns stock in any of the companies mentioned in this report. Note: This is an unbiased research report. ![]()
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