Positive News Coverage Somewhat Likely to Affect NINTENDO LTD/ADR (NTDOY) Share Price
Press coverage about NINTENDO LTD/ADR (OTCMKTS:NTDOY) has trended positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. NINTENDO LTD/ADR earned a news impact score of 2.20 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 6 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have effected NINTENDO LTD/ADR’s analysis:
- NINTENDO LTD/ADR (NTDOY) Getting Positive Press Coverage, Report Shows (americanbankingnews.com)
- Nintendo shares surge more than 14% after tie-up with Tencent to sell Switch console in China (finance.yahoo.com)
- Nintendo shares untraded after key China Switch sales approval (finance.yahoo.com)
- Nintendo shares jump 17 percent after Tencent wins key China Switch sales approval (finance.yahoo.com)
- Nikkei buoyed by cyclical stocks; Nintendo jumps 16 pct (finance.yahoo.com)
A number of brokerages recently issued reports on NTDOY. ValuEngine raised NINTENDO LTD/ADR from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research downgraded NINTENDO LTD/ADR from a “buy” rating to a “hold” rating in a report on Wednesday, January 30th. Wedbush reaffirmed a “neutral” rating on shares of NINTENDO LTD/ADR in a report on Monday, January 28th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of NINTENDO LTD/ADR in a report on Wednesday, March 27th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. NINTENDO LTD/ADR presently has an average rating of “Hold” and a consensus price target of $41.00.
NINTENDO LTD/ADR (OTCMKTS:NTDOY) last issued its quarterly earnings data on Thursday, January 31st. The company reported $0.96 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.19. NINTENDO LTD/ADR had a return on equity of 13.01% and a net margin of 14.42%. The company had revenue of $5.40 billion during the quarter, compared to analysts’ expectations of $4.69 billion. As a group, equities research analysts expect that NINTENDO LTD/ADR will post 1.56 EPS for the current year.
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NINTENDO LTD/ADR Company Profile
Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells electronic entertainment products in Japan, the United States, Europe, Australia, Asia, and internationally. It provides video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware and related software.
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