Stock analysts at Citigroup assumed coverage on shares of Nintendo (OTCMKTS:NTDOY - Get Free Report) in a research note issued on Friday, Marketbeat Ratings reports. The brokerage set a "buy" rating on the stock.
Separately, The Goldman Sachs Group started coverage on shares of Nintendo in a research note on Tuesday, March 25th. They set a "buy" rating for the company.
View Our Latest Analysis on Nintendo
Nintendo Stock Up 1.0 %
Shares of Nintendo stock traded up $0.21 during trading on Friday, hitting $21.90. The stock had a trading volume of 846,545 shares, compared to its average volume of 2,285,935. The company has a market capitalization of $113.77 billion, a PE ratio of 48.67 and a beta of 0.61. Nintendo has a 1 year low of $11.36 and a 1 year high of $21.90. The stock has a 50 day simple moving average of $18.07 and a 200 day simple moving average of $16.10.
Nintendo (OTCMKTS:NTDOY - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. As a group, equities analysts expect that Nintendo will post 0.44 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Nintendo
Several institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. raised its stake in shares of Nintendo by 192.5% in the 1st quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock valued at $31,000 after acquiring an additional 1,201 shares in the last quarter. Diversified Trust Co acquired a new position in Nintendo during the fourth quarter valued at approximately $182,000. GAMMA Investing LLC raised its position in shares of Nintendo by 53.4% in the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock valued at $189,000 after purchasing an additional 4,509 shares during the period. SVB Wealth LLC acquired a new stake in shares of Nintendo in the fourth quarter worth $192,000. Finally, Fulton Bank N.A. acquired a new position in Nintendo in the 4th quarter valued at $200,000. 0.02% of the stock is currently owned by institutional investors.
Nintendo Company Profile
(
Get Free Report)
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.
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