Nintendo Co. (OTCMKTS:NTDOY – Get Free Report) shares crossed below its 50-day moving average during trading on Friday following a dissappointing earnings announcement. The stock has a 50-day moving average of $13.17 and traded as low as $12.86. Nintendo shares last traded at $13.10, with a volume of 1,615,288 shares.
The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). The company had revenue of $2.83 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Nintendo had a return on equity of 16.31% and a net margin of 21.00%.
Key Headlines Impacting Nintendo
Here are the key news stories impacting Nintendo this week:
- Positive Sentiment: First-half net profit rose 11% year over year to 220.92 billion yen, supported by stronger software sales and expectations around the new Mario movie. Article: Nintendo’s First-Half Profit Rose on Stronger Software Sales, New Mario Movie
- Positive Sentiment: A new The Legend of Zelda: Ocarina of Time remake launched for Switch 2, offering a potential boost to software sales, though launch performance was not yet reported. Article: Nintendo stock surges following Zelda: Ocarina of Time remake launch
- Neutral Sentiment: Star Fox joined Nintendo’s million-seller club, a sign of software demand, but the report did not provide additional sales or financial details. Article: Star Fox has joined Nintendo’s Million-Seller Club
- Neutral Sentiment: Nintendo sold another 2.67 million Switch 2 units in fiscal Q2, providing a measure of ongoing demand, although other reports highlighted a year-over-year sales decline. Article: Nintendo Switch 2 sells another 2.67 million units in Q2 FY27
- Negative Sentiment: Switch 2 sales reportedly fell 41% year over year in fiscal Q2. Price increases and higher memory costs were cited as headwinds, raising concerns about hardware demand and margins. Article: Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite
- Negative Sentiment: Quarterly EPS of $0.10 missed the $0.11 consensus, while revenue of $2.83 billion came in below the $2.94 billion estimate, adding to near-term pressure on investor expectations.
Wall Street Analyst Weigh In
NTDOY has been the topic of a number of analyst reports. BNP Paribas Exane assumed coverage on Nintendo in a research report on Tuesday, September 22nd. They set a “neutral” rating on the stock. UBS Group lowered Nintendo from a “neutral” rating to a “sell” rating in a report on Friday, September 25th. Finally, Citigroup reaffirmed a “buy” rating on shares of Nintendo in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Nintendo currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on NTDOY
Institutional Investors Weigh In On Nintendo
Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake in shares of Nintendo by 31.5% in the third quarter. GAMMA Investing LLC now owns 22,266 shares of the company’s stock worth $279,000 after acquiring an additional 5,340 shares during the last quarter. O Brien Greene & Co. Inc lifted its stake in shares of Nintendo by 4.8% in the third quarter. O Brien Greene & Co. Inc now owns 43,650 shares of the company’s stock worth $547,000 after buying an additional 2,000 shares in the last quarter. Gagnon Securities LLC raised its holdings in Nintendo by 2.6% in the 3rd quarter. Gagnon Securities LLC now owns 72,483 shares of the company’s stock valued at $908,000 after acquiring an additional 1,808 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in Nintendo by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after purchasing an additional 1,023 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Nintendo by 47.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company’s stock worth $32,000 after purchasing an additional 1,000 shares in the last quarter. 0.02% of the stock is currently owned by institutional investors and hedge funds.
Nintendo Trading Down 4.0%
The company has a fifty day simple moving average of $13.17 and a 200-day simple moving average of $12.94. The company has a market capitalization of $67.45 billion, a PE ratio of 21.48 and a beta of 0.49.
About Nintendo
Nintendo Co, Ltd. is a Japanese entertainment company headquartered in Kyoto. Founded in 1889 as a maker of playing cards, it later expanded into video games and became a developer and publisher of interactive entertainment.
The company makes video game hardware, including the Nintendo Switch family of systems, and develops and publishes games for its platforms. Its well-known franchises include Super Mario, The Legend of Zelda, Animal Crossing and Splatoon. Nintendo also extends its intellectual property through mobile games, licensing and location-based attractions.
Nintendo serves customers around the world through its operations in Japan and international subsidiaries and distribution partners.
See Also
- Five stocks we like better than Nintendo
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Nintendo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nintendo and related companies with MarketBeat.com's FREE daily email newsletter.
