Nintendo Co. (OTCMKTS:NTDOY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Nintendo Co. (OTCMKTS:NTDOY) have been given an average rating of “Moderate Buy” by the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

NTDOY has been the subject of a number of research reports. Wolfe Research upgraded Nintendo from an “underperform” rating to a “peer perform” rating in a research report on Thursday, January 22nd. China Renaissance reiterated a “sell” rating on shares of Nintendo in a research report on Wednesday, February 4th. Zacks Research downgraded Nintendo from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. UBS Group upgraded Nintendo from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 4th. Finally, Freedom Capital upgraded Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd.

Institutional Trading of Nintendo

A number of hedge funds have recently modified their holdings of the company. O Brien Greene & Co. Inc raised its holdings in shares of Nintendo by 2.1% in the 4th quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock worth $642,000 after buying an additional 800 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in shares of 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 buying an additional 809 shares in the last quarter. Appleton Partners Inc. MA raised its holdings 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 in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Nintendo by 13.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock worth $151,000 after buying an additional 1,073 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Nintendo by 9.0% in the 3rd quarter. GAMMA Investing LLC now owns 22,235 shares of the company’s stock worth $474,000 after buying an additional 1,835 shares in the last quarter. Institutional investors own 0.02% of the company’s stock.

Nintendo Stock Down 0.8%

Shares of OTCMKTS:NTDOY opened at $13.79 on Friday. The business has a 50 day moving average price of $14.48 and a 200 day moving average price of $17.77. Nintendo has a twelve month low of $13.05 and a twelve month high of $24.92. The company has a market cap of $71.64 billion, a price-to-earnings ratio of 24.19 and a beta of 0.57.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. Nintendo had a return on equity of 13.03% and a net margin of 18.91%.The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.29 billion. Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. Analysts anticipate that Nintendo will post 0.44 EPS for the current year.

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.