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

Shares of Nintendo Co. (OTCMKTS:NTDOY) have been given an average recommendation of “Moderate Buy” by the eight research firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

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

Hedge Funds Weigh In On Nintendo

Institutional investors have recently bought and sold shares of the business. Salomon & Ludwin LLC grew its holdings in shares of Nintendo by 76.1% during the third quarter. Salomon & Ludwin LLC now owns 1,872 shares of the company’s stock worth $40,000 after purchasing an additional 809 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised 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 buying an additional 3,225 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Nintendo by 30.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,891 shares of the company’s stock worth $168,000 after buying an additional 1,851 shares in the last quarter. Diversified Trust Co lifted its position in Nintendo by 18.6% during the 3rd quarter. Diversified Trust Co now owns 11,980 shares of the company’s stock worth $260,000 after buying an additional 1,882 shares in the last quarter. Finally, DRW Securities LLC bought a new stake in Nintendo during the 4th quarter worth about $295,000. Institutional investors own 0.02% of the company’s stock.

Nintendo Trading Down 2.4%

Shares of NTDOY opened at $13.88 on Friday. The stock has a market cap of $72.10 billion, a PE ratio of 24.35 and a beta of 0.57. Nintendo has a 1 year low of $13.05 and a 1 year high of $24.92. The stock has a 50 day simple moving average of $14.66 and a 200-day simple moving average of $18.03.

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

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.