Nintendo (OTCMKTS:NTDOY) Downgraded by UBS Group to "Sell"

Key Points

• UBS Group downgraded Nintendo to “sell” from “neutral,” while other analysts remain mixed; the stock’s overall consensus rating is “hold.”
• Nintendo shares fell 2.7% to $12.46, with the stock trading below its 50-day moving average and near its 200-day average.
• The company recently exceeded quarterly expectations, reporting $0.20 in EPS versus a $0.10 consensus estimate and $3.29 billion in revenue versus $2.72 billion expected.

Nintendo (OTCMKTS:NTDOY - Get Free Report) was downgraded by stock analysts at UBS Group from a "neutral" rating to a "sell" rating in a report released on Friday, Briefing.com reports.

Several other research firms have also issued reports on NTDOY. Citigroup reiterated a "buy" rating on shares of Nintendo in a report on Friday, August 14th. BNP Paribas Exane assumed coverage on Nintendo in a research note on Tuesday. They issued a "neutral" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold".

Nintendo Stock Down 2.7%

Shares of NTDOY stock traded down $0.35 during mid-day trading on Friday, reaching $12.46. 140,674 shares of the company's stock traded hands, compared to its average volume of 3,151,277. The company's 50-day moving average price is $12.91 and its 200-day moving average price is $12.52. The company has a market cap of $64.16 billion, a P/E ratio of 18.88 and a beta of 0.43. Nintendo has a 12 month low of $10.18 and a 12 month high of $22.89.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.10. Nintendo had a net margin of 21.00% and a return on equity of 16.31%. The company had revenue of $3.29 billion during the quarter, compared to analyst estimates of $2.72 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Equities analysts predict that Nintendo will post 0.58 earnings per share for the current year.

Institutional Trading of Nintendo

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Nintendo by 47.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company's stock worth $32,000 after buying an additional 1,000 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Nintendo by 11.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company's stock valued at $143,000 after acquiring an additional 1,023 shares in the last quarter. AdvisorShares Investments LLC lifted its position in Nintendo by 4.9% in the 4th quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company's stock valued at $872,000 after acquiring an additional 2,413 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in Nintendo during the 4th quarter valued at $875,000. Finally, Appleton Partners Inc. MA increased its holdings in shares of Nintendo by 27.9% in the 1st quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company's stock worth $2,248,000 after purchasing an additional 35,581 shares in the last quarter. 0.02% of the stock is currently owned by institutional investors.

About Nintendo

Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive video games and related hardware, software and digital content. Its business centers on dedicated gaming platforms, first-party software and accessories, supported by a portfolio of globally recognized intellectual properties, including Mario, The Legend of Zelda, Pokémon, Animal Crossing and Splatoon.

The company's current platform business includes the Nintendo Switch family of consoles, along with downloadable games, add-on content and subscription services distributed through Nintendo eShop and Nintendo Switch Online.

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