Nintendo (OTCMKTS:NTDOY) Hits New 12-Month Low – What’s Next?

Nintendo Co. (OTCMKTS:NTDOY) hit a new 52-week low on Friday . The stock traded as low as $13.05 and last traded at $13.07, with a volume of 68165 shares traded. The stock had previously closed at $13.38.

Analysts Set New Price Targets

NTDOY has been the topic of a number of research reports. UBS Group upgraded Nintendo from a “sell” rating to a “neutral” rating in a research note on Wednesday, February 4th. China Renaissance restated a “sell” rating on shares of Nintendo in a research note on Wednesday, February 4th. Zacks Research downgraded Nintendo from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Wolfe Research upgraded Nintendo from an “underperform” rating to a “peer perform” rating in a research note on Thursday, January 22nd. Finally, Freedom Capital upgraded Nintendo from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Nintendo Trading Down 2.8%

The business has a 50 day moving average of $14.31 and a 200-day moving average of $17.63. The stock has a market cap of $67.53 billion, a PE ratio of 22.81 and a beta of 0.57.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. Nintendo had a return on equity of 13.03% and a net margin of 18.91%.The firm had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.29 billion. Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. Research analysts expect that Nintendo Co. will post 0.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of NTDOY. Salomon & Ludwin LLC increased its holdings in shares of Nintendo by 76.1% in the third quarter. Salomon & Ludwin LLC now owns 1,872 shares of the company’s stock valued at $40,000 after purchasing an additional 809 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Nintendo by 322.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock valued at $71,000 after purchasing an additional 3,225 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Nintendo by 13.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock valued at $151,000 after purchasing an additional 1,073 shares during the period. Diversified Trust Co increased its holdings in shares of Nintendo by 18.6% in the third quarter. Diversified Trust Co now owns 11,980 shares of the company’s stock valued at $260,000 after purchasing an additional 1,882 shares during the period. Finally, DRW Securities LLC acquired a new position in shares of Nintendo in the fourth quarter valued at approximately $295,000. Institutional investors and hedge funds own 0.02% of the company’s stock.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.