Nintendo Co. (OTCMKTS:NTDOY) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Nintendo Co. (OTCMKTS:NTDOY) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, one has issued a buy recommendation and two have given a strong buy recommendation to the company.

A number of equities research analysts have weighed in on NTDOY shares. Zacks Research downgraded shares of Nintendo from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Wolfe Research upgraded shares of Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. Freedom Capital raised shares of Nintendo from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 22nd. UBS Group upgraded shares of Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Finally, China Renaissance restated a “sell” rating on shares of Nintendo in a research report on Wednesday, February 4th.

Hedge Funds Weigh In On Nintendo

A number of hedge funds have recently modified their holdings of NTDOY. Appleton Partners Inc. MA lifted its holdings in shares of Nintendo by 0.7% during the third quarter. Appleton Partners Inc. MA now owns 127,279 shares of the company’s stock valued at $2,716,000 after purchasing an additional 837 shares during the last quarter. Dorsey Wright & Associates purchased a new position in Nintendo in the 3rd quarter worth about $1,562,000. Impala Asset Management LLC acquired a new stake in Nintendo during the 2nd quarter worth about $1,720,000. Confluence Investment Management LLC lifted its stake in Nintendo by 4.0% during the fourth quarter. Confluence Investment Management LLC now owns 67,829 shares of the company’s stock valued at $1,144,000 after buying an additional 2,628 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new stake in Nintendo during the fourth quarter valued at about $875,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

Nintendo Stock Performance

Shares of NTDOY stock opened at $13.88 on Friday. Nintendo has a 1 year low of $13.05 and a 1 year high of $24.92. The firm has a market capitalization of $72.10 billion, a PE ratio of 24.35 and a beta of 0.57. The stock has a fifty day moving average of $14.61 and a two-hundred day moving average of $17.89.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $5.29 billion. Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. Equities research analysts predict that Nintendo will post 0.44 earnings per share for the current fiscal year.

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.