Nintendo (OTCMKTS:NTDOY) Hits New 12-Month Low – Should You Sell?

Nintendo Co. (OTCMKTS:NTDOY)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $12.8450 and last traded at $12.92, with a volume of 274188 shares traded. The stock had previously closed at $13.22.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NTDOY. Zacks Research cut Nintendo from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. TD Cowen reiterated a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. UBS Group raised 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 report 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. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Nintendo has an average rating of “Moderate Buy”.

Nintendo Price Performance

The stock has a 50 day simple moving average of $14.08 and a 200-day simple moving average of $17.16. The firm has a market cap of $66.23 billion, a PE ratio of 22.57 and a beta of 0.57.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.29 billion. Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. As a group, equities analysts predict that Nintendo Co. will post 0.51 EPS for the current fiscal year.

Institutional Investors Weigh In On Nintendo

A number of institutional investors have recently made changes to their positions in NTDOY. Salomon & Ludwin LLC raised its holdings in Nintendo by 76.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,872 shares of the company’s stock worth $40,000 after acquiring an additional 809 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Nintendo by 322.5% during the 4th 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 last quarter. PNC Financial Services Group Inc. boosted its stake in Nintendo by 13.6% during the 4th 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 last quarter. Diversified Trust Co increased its holdings in shares of Nintendo by 18.6% in the 3rd quarter. Diversified Trust Co now owns 11,980 shares of the company’s stock worth $260,000 after purchasing an additional 1,882 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in shares of Nintendo in the fourth quarter worth $295,000. Hedge funds and other institutional investors own 0.02% of the company’s stock.

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.