Nintendo (OTCMKTS:NTDOY) Shares Gap Down – Should You Sell?

Nintendo Co. (OTCMKTS:NTDOY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $16.16, but opened at $15.58. Nintendo shares last traded at $15.5860, with a volume of 1,367,164 shares changing hands.

Wall Street Analysts Forecast Growth

NTDOY has been the subject of a number of research analyst reports. Freedom Capital upgraded shares of Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. China Renaissance reaffirmed a “sell” rating on shares of Nintendo in a research note on Wednesday, February 4th. UBS Group upgraded shares of Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Zacks Research cut Nintendo from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Finally, Wolfe Research raised Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. Two research 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 issued a Sell rating to the company. According to MarketBeat.com, Nintendo presently has a consensus rating of “Moderate Buy”.

Nintendo Stock Down 3.5%

The business’s 50-day moving average price is $15.12 and its 200 day moving average price is $18.73. The company has a market capitalization of $80.99 billion, a P/E ratio of 27.35 and a beta of 0.57.

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its position in shares of Nintendo by 13.6% in the second quarter. PNC Financial Services Group Inc. now owns 6,040 shares of the company’s stock worth $145,000 after buying an additional 724 shares in the last quarter. O Brien Greene & Co. Inc grew its position in Nintendo by 2.1% during the fourth 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 grew its position in Nintendo by 76.1% during the third 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 increased its stake in 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 acquiring an additional 837 shares during 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 valued at $474,000 after acquiring an additional 1,835 shares in the last quarter. 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.