Nintendo Co. (OTCMKTS:NTDOY – Get Free Report)’s stock price dropped 4.8% on Thursday . The stock traded as low as $11.33 and last traded at $11.37. Approximately 86,536 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 3,173,391 shares. The stock had previously closed at $11.94.
Wall Street Analyst Weigh In
NTDOY has been the topic of several recent analyst reports. TD Cowen reaffirmed 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 report on Wednesday, February 4th. Wolfe Research raised Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. China Renaissance reissued a “sell” rating on shares of Nintendo in a report on Wednesday, February 4th. Finally, Benchmark reissued a “buy” rating on shares of Nintendo in a report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on Nintendo
Nintendo Trading Down 3.6%
Nintendo (OTCMKTS:NTDOY – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $2.60 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Nintendo had a return on equity of 13.82% and a net margin of 18.33%.Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, equities analysts anticipate that Nintendo Co. will post 0.51 earnings per share for the current year.
Institutional Investors Weigh In On Nintendo
Large investors have recently made changes to their positions in the business. Dorsey Wright & Associates bought a new stake in shares of Nintendo in the 3rd quarter worth approximately $1,562,000. AdvisorShares Investments LLC bought a new stake in shares of Nintendo in the 3rd quarter worth approximately $1,052,000. PNC Financial Services Group Inc. grew its position in shares of Nintendo by 30.6% in 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 during the last quarter. Appleton Partners Inc. MA grew its position in shares of Nintendo by 0.7% in the 3rd quarter. Appleton Partners Inc. MA now owns 127,279 shares of the company’s stock worth $2,716,000 after buying an additional 837 shares during the last quarter. Finally, Atlatl Advisers LLC bought a new stake in shares of Nintendo in the 3rd quarter worth approximately $462,000. 0.02% of the stock is currently owned by institutional investors.
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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