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

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

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

Hedge Funds Weigh In On Nintendo

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC grew 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 valued at $40,000 after buying an additional 809 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Nintendo by 322.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock worth $71,000 after buying an additional 3,225 shares during the period. PNC Financial Services Group Inc. raised its stake in Nintendo by 13.6% during 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 during the period. Diversified Trust Co lifted its holdings in Nintendo by 18.6% during the third quarter. Diversified Trust Co now owns 11,980 shares of the company’s stock worth $260,000 after acquiring an additional 1,882 shares in the last quarter. Finally, DRW Securities LLC bought a new position in Nintendo during the fourth quarter worth about $295,000. 0.02% of the stock is owned by institutional investors.

Nintendo Price Performance

NTDOY opened at $13.88 on Friday. The stock has a market capitalization of $72.10 billion, a P/E ratio of 24.35 and a beta of 0.57. The company’s 50 day simple moving average is $14.66 and its 200-day simple moving average is $18.03. Nintendo has a one year low of $13.05 and a one year high of $24.92.

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, topping the consensus estimate of $0.20 by $0.02. The firm had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.29 billion. Nintendo had a return on equity of 13.03% and a net margin of 18.91%.Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. As a group, analysts anticipate that Nintendo will post 0.44 EPS for the current 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.