Nintendo Co. (OTCMKTS:NTDOY) Receives Consensus Recommendation of "Buy" from Brokerages

Key Points

• Nintendo Co. has received an average analyst rating of "Buy", with three analysts recommending a buy and two giving a strong buy rating.
• The stock recently opened at $23.12 and has a market cap of $120.1 billion, showing a 12-month high of $24.92.
• Nintendo reported earnings of $0.09 per share for the last quarter, meeting analysts' expectations, with a net margin of 19.61%.

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

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

Nintendo Stock Down 1.4%

Shares of Nintendo stock traded down $0.32 during mid-day trading on Friday, reaching $22.60. 638,553 shares of the stock traded hands, compared to its average volume of 1,324,039. The business has a 50-day moving average of $22.66 and a 200 day moving average of $20.28. Nintendo has a fifty-two week low of $12.00 and a fifty-two week high of $24.92. The stock has a market capitalization of $117.40 billion, a PE ratio of 53.81 and a beta of 0.64.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.09 EPS for the quarter, meeting analysts' consensus estimates of $0.09. Nintendo had a return on equity of 9.77% and a net margin of 19.61%.The business had revenue of $3.80 billion during the quarter, compared to analysts' expectations of $448.24 billion. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. On average, equities research analysts expect that Nintendo will post 0.44 EPS for the current fiscal year.

Institutional Investors Weigh In On Nintendo

A number of large investors have recently made changes to their positions in the stock. First Horizon Advisors Inc. increased its stake in Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock worth $31,000 after acquiring an additional 1,201 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Nintendo by 16.4% during the first quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company's stock worth $91,000 after acquiring an additional 749 shares during the last quarter. GAMMA Investing LLC increased its stake in Nintendo by 24.1% during the first quarter. GAMMA Investing LLC now owns 16,062 shares of the company's stock worth $276,000 after acquiring an additional 3,114 shares during the last quarter. Confluence Investment Management LLC increased its stake in Nintendo by 1.5% during the second quarter. Confluence Investment Management LLC now owns 56,080 shares of the company's stock worth $1,347,000 after acquiring an additional 843 shares during the last quarter. Finally, Impala Asset Management LLC acquired a new stake in Nintendo during the second quarter worth $1,720,000. 0.02% of the stock is currently owned by hedge funds and other institutional investors.

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.