Take-Two Interactive (TTWO) closed at $151.69 in the latest trading session, marking a +0.61% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.4%. Elsewhere, the Dow saw an upswing of 0.62%, while the tech-heavy Nasdaq appreciated by 0.6%.

Shares of the publisher of "Grand Theft Auto" and other video games witnessed a loss of 5.18% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 3% and the S&P 500's gain of 1.71%.

The investment community will be paying close attention to the earnings performance of Take-Two Interactive in its upcoming release. It is anticipated that the company will report an EPS of $0.42, marking a 65.85% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.45 billion, indicating a 0.34% growth compared to the corresponding quarter of the prior year.

TTWO's full-year Zacks Consensus Estimates are calling for earnings of $2.53 per share and revenue of $5.61 billion. These results would represent year-over-year changes of +0.8% and +5.28%, respectively.

Investors might also notice recent changes to analyst estimates for Take-Two Interactive. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 6.65% higher. Take-Two Interactive presently features a Zacks Rank of #3 (Hold).

In terms of valuation, Take-Two Interactive is presently being traded at a Forward P/E ratio of 59.67. This denotes a premium relative to the industry's average Forward P/E of 15.63.

It is also worth noting that TTWO currently has a PEG ratio of 1.84. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Toys - Games - Hobbies was holding an average PEG ratio of 1.22 at yesterday's closing price.