Nintendo (OTCMKTS:NTDOY) Sets New 12-Month High - Here's Why

Key Points

• Nintendo's stock (OTCMKTS:NTDOY) reached a new 52-week high of $24.84 during trading, reflecting growing investor confidence and interest.
• Analysts are optimistic, with Benchmark and Wedbush both upgrading Nintendo to a "strong-buy" rating, contributing to a consensus rating of "Buy."
• The company reported earnings per share of $0.09, matching consensus estimates, while its quarterly revenue reached $3.80 billion.

Nintendo Co. (OTCMKTS:NTDOY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $24.84 and last traded at $24.83, with a volume of 189754 shares trading hands. The stock had previously closed at $24.43.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on NTDOY shares. Benchmark raised Nintendo to a "strong-buy" rating in a research report on Monday, May 19th. Citigroup started coverage on Nintendo in a research report on Friday, May 2nd. They set a "buy" rating for the company. Finally, Wedbush raised Nintendo to a "strong-buy" rating in a research report on Tuesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Nintendo has an average rating of "Buy".

Nintendo Trading Up 2.0%

The firm has a fifty day moving average of $22.59 and a two-hundred day moving average of $20.17. The company has a market cap of $122.54 billion, a PE ratio of 56.17 and a beta of 0.64.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.09 earnings per share for the quarter, hitting the consensus estimate of $0.09. Nintendo had a return on equity of 9.77% and a net margin of 19.61%.The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $448.24 billion. Nintendo has set its FY 2026 guidance at 0.450-0.450 EPS. Sell-side analysts expect that Nintendo Co. will post 0.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in NTDOY. GAMMA Investing LLC grew its holdings in Nintendo by 2,029.9% during the 1st quarter. GAMMA Investing LLC now owns 275,785 shares of the company's stock valued at $4,735,000 after buying an additional 262,837 shares in the last quarter. Appleton Partners Inc. MA grew its holdings in Nintendo by 1.5% during the 1st quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock valued at $2,245,000 after buying an additional 1,969 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in Nintendo by 192.5% during the 1st 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 in the last quarter. PNC Financial Services Group Inc. grew its holdings in Nintendo by 16.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,316 shares of the company's stock valued at $91,000 after buying an additional 749 shares in the last quarter. Finally, Azimuth Capital Investment Management LLC purchased a new position in Nintendo during the 1st quarter valued at about $8,323,000. Hedge funds and other institutional investors own 0.02% of the company's stock.

About Nintendo

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.