Nintendo Co. (OTCMKTS:NTDOY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.40 and traded as low as $11.27. Nintendo shares last traded at $11.44, with a volume of 3,505,007 shares trading hands.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on NTDOY shares. Zacks Research downgraded shares of Nintendo from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Benchmark reiterated a “buy” rating on shares of Nintendo in a report on Monday, May 11th. China Renaissance reiterated a “sell” rating on shares of Nintendo in a report on Wednesday, February 4th. UBS Group upgraded shares of Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Finally, TD Cowen reiterated a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.
View Our Latest Stock Analysis on NTDOY
Nintendo Price Performance
Nintendo (OTCMKTS:NTDOY – Get Free Report) last released its earnings results on Friday, May 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. Nintendo had a net margin of 18.33% and a return on equity of 13.82%. The business had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Sell-side analysts anticipate that Nintendo Co. will post 0.53 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its position in Nintendo by 11.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock valued at $143,000 after buying an additional 1,023 shares in the last quarter. Appleton Partners Inc. MA lifted its position in Nintendo by 27.9% during the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock valued at $2,248,000 after buying an additional 35,581 shares in the last quarter. DRW Securities LLC acquired a new position in Nintendo during the fourth quarter valued at approximately $295,000. AdvisorShares Investments LLC lifted its position in Nintendo by 4.9% during the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after buying an additional 2,413 shares in the last quarter. Finally, Hantz Financial Services Inc. acquired a new position in Nintendo during the fourth quarter valued at approximately $875,000. 0.02% of the stock is owned by institutional investors and hedge funds.
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.
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