Nintendo (OTCMKTS:NTDOY) Shares Gap Up – Still a Buy?

Nintendo Co. (OTCMKTS:NTDOY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $11.44, but opened at $11.89. Nintendo shares last traded at $11.85, with a volume of 975,909 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NTDOY. Benchmark reaffirmed a “buy” rating on shares of Nintendo in a research report on Monday, May 11th. Zacks Research cut Nintendo from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. UBS Group raised Nintendo from a “sell” rating to a “neutral” rating in a research report on Wednesday, February 4th. TD Cowen reaffirmed a “buy” rating on shares of Nintendo in a research report on Tuesday, April 14th. Finally, Wolfe Research upgraded Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Nintendo Price Performance

The stock has a fifty day moving average of $13.40 and a 200 day moving average of $16.10. The firm has a market capitalization of $61.10 billion, a P/E ratio of 19.78 and a beta of 0.41.

Nintendo (OTCMKTS:NTDOY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $2.60 billion for the quarter, compared to analyst estimates of $2.63 billion. Nintendo had a return on equity of 13.82% and a net margin of 18.33%.Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Equities analysts forecast that Nintendo Co. will post 0.53 EPS for the current fiscal year.

Institutional Trading of Nintendo

A number of hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its holdings in Nintendo by 11.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock worth $143,000 after acquiring an additional 1,023 shares during the period. Appleton Partners Inc. MA raised its stake in shares of Nintendo by 27.9% in the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock valued at $2,248,000 after buying an additional 35,581 shares during the period. DRW Securities LLC bought a new stake in shares of Nintendo in the fourth quarter valued at $295,000. AdvisorShares Investments LLC raised its stake in shares of Nintendo by 4.9% in the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after buying an additional 2,413 shares during the period. Finally, Hantz Financial Services Inc. bought a new stake in shares of Nintendo in the fourth quarter valued at $875,000. 0.02% of the stock is currently owned by institutional investors.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.