Nintendo Co. (OTCMKTS:NTDOY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Nintendo Co. (OTCMKTS:NTDOY) have earned a consensus recommendation of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities research analysts recently issued reports on NTDOY shares. Wolfe Research raised shares of Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. Freedom Capital upgraded shares of Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Zacks Research cut shares of Nintendo from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. UBS Group upgraded shares of Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Finally, China Renaissance reissued a “sell” rating on shares of Nintendo in a report on Wednesday, February 4th.

Institutional Trading of Nintendo

A number of hedge funds have recently made changes to their positions in NTDOY. Appleton Partners Inc. MA grew its holdings in shares of Nintendo by 0.7% during the third quarter. Appleton Partners Inc. MA now owns 127,279 shares of the company’s stock worth $2,716,000 after purchasing an additional 837 shares during the last quarter. Dorsey Wright & Associates bought a new position in Nintendo in the 3rd quarter valued at approximately $1,562,000. Impala Asset Management LLC acquired a new stake in Nintendo during the 2nd quarter worth approximately $1,720,000. Confluence Investment Management LLC boosted its position in Nintendo by 4.0% during the 4th quarter. Confluence Investment Management LLC now owns 67,829 shares of the company’s stock worth $1,144,000 after buying an additional 2,628 shares during the period. Finally, Hantz Financial Services Inc. bought a new stake in Nintendo during the 4th quarter worth approximately $875,000. 0.02% of the stock is owned by institutional investors and hedge funds.

Nintendo Stock Performance

Shares of NTDOY stock opened at $15.90 on Monday. Nintendo has a fifty-two week low of $13.05 and a fifty-two week high of $24.92. The stock’s fifty day moving average price is $15.17 and its two-hundred day moving average price is $18.90. The company has a market cap of $82.60 billion, a PE ratio of 27.90 and a beta of 0.57.

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

About Nintendo

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.