UBS Group Downgrades Nintendo (OTCMKTS:NTDOY) to Sell

Nintendo (OTCMKTS:NTDOY) was downgraded by research analysts at UBS Group from a “neutral” rating to a “sell” rating in a research note issued on Friday, Briefing.com reports.

Other analysts have also issued research reports about the company. Citigroup reissued a “buy” rating on shares of Nintendo in a report on Friday, August 14th. BNP Paribas Exane initiated coverage on Nintendo in a research report on Tuesday. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Nintendo has a consensus rating of “Hold”.

Nintendo Stock Performance

Shares of Nintendo stock traded down $0.35 on Friday, hitting $12.46. 140,674 shares of the company’s stock were exchanged, compared to its average volume of 3,151,277. The company has a 50-day simple moving average of $12.91 and a 200-day simple moving average of $12.52. The stock has a market capitalization of $64.16 billion, a PE ratio of 18.88 and a beta of 0.43. Nintendo has a 1 year low of $10.18 and a 1 year high of $22.89.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.10 by $0.10. Nintendo had a return on equity of 16.31% and a net margin of 21.00%.The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. On average, analysts expect that Nintendo will post 0.58 EPS for the current fiscal year.

Institutional Trading of Nintendo

Several institutional investors and hedge funds have recently modified their holdings of NTDOY. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 buying an additional 1,000 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of Nintendo by 11.4% in the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after acquiring an additional 1,023 shares during the period. AdvisorShares Investments LLC grew its position in shares of Nintendo by 4.9% during the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after purchasing an additional 2,413 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Nintendo during the fourth quarter worth about $875,000. Finally, Appleton Partners Inc. MA grew its position in shares of Nintendo by 27.9% during the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock worth $2,248,000 after purchasing an additional 35,581 shares in the last quarter. 0.02% of the stock is currently owned by institutional investors.

Nintendo Company Profile

Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive video games and related hardware, software and digital content. Its business centers on dedicated gaming platforms, first-party software and accessories, supported by a portfolio of globally recognized intellectual properties, including Mario, The Legend of Zelda, Pokémon, Animal Crossing and Splatoon.

The company’s current platform business includes the Nintendo Switch family of consoles, along with downloadable games, add-on content and subscription services distributed through Nintendo eShop and Nintendo Switch Online.