Nintendo Co. (OTCMKTS:NTDOY) Given Average Recommendation of "Buy" by Analysts

Key Points

• Nintendo Co. has received a consensus rating of "Buy" from six analysts, with one hold rating, three buy ratings, and two strong buy ratings.
• The stock is currently priced at $21.82, with a year range between $11.36 and $24.09 and a market cap of $113.35 billion.
• Recent institutional investments include significant stakes by various firms, indicating growing confidence in Nintendo, although institutional ownership remains low at 0.02%.

Nintendo Co. (OTCMKTS:NTDOY - Get Free Report) has been given a consensus recommendation of "Buy" by the six ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of equities research analysts recently weighed in on the company. Wedbush upgraded Nintendo to a "strong-buy" rating in a report on Tuesday, July 1st. Citigroup started coverage on Nintendo in a research report on Friday, May 2nd. They issued a "buy" rating for the company. Finally, Benchmark upgraded Nintendo to a "strong-buy" rating in a research report on Monday, May 19th.

Nintendo Price Performance

Shares of NTDOY traded down $0.42 during midday trading on Monday, reaching $21.40. 583,137 shares of the stock were exchanged, compared to its average volume of 1,638,553. The company has a market capitalization of $111.17 billion, a price-to-earnings ratio of 54.87 and a beta of 0.63. Nintendo has a twelve month low of $11.36 and a twelve month high of $24.09. The business's 50-day moving average price is $21.56 and its 200 day moving average price is $19.22.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $215.06 billion. Nintendo had a return on equity of 10.51% and a net margin of 23.81%. As a group, equities research analysts expect that Nintendo will post 0.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of NTDOY. Azimuth Capital Investment Management LLC bought a new position in Nintendo in the first quarter worth about $8,323,000. GAMMA Investing LLC lifted its holdings in Nintendo by 2,029.9% in the first quarter. GAMMA Investing LLC now owns 275,785 shares of the company's stock worth $4,735,000 after acquiring an additional 262,837 shares during the last quarter. Sterling Capital Management LLC bought a new position in Nintendo in the fourth quarter worth about $605,000. Appleton Partners Inc. MA lifted its holdings in Nintendo by 1.5% in the first quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock worth $2,245,000 after acquiring an additional 1,969 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in shares of Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock valued at $31,000 after buying an additional 1,201 shares during the last quarter. Hedge funds and other institutional investors own 0.02% of the company's stock.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.