Nintendo (OTCMKTS:NTDOY) Sets New 52-Week Low – What’s Next?

Nintendo Co. (OTCMKTS:NTDOY)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as $10.38 and last traded at $10.39, with a volume of 1629638 shares. The stock had previously closed at $10.52.

Analysts Set New Price Targets

NTDOY has been the topic of several research reports. TD Cowen reiterated a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. Benchmark restated a “buy” rating on shares of Nintendo in a research note on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Nintendo Trading Down 1.4%

The firm has a market cap of $53.40 billion, a price-to-earnings ratio of 17.28 and a beta of 0.38. The company has a fifty day moving average price of $11.67 and a 200-day moving average price of $14.16.

Nintendo (OTCMKTS:NTDOY) last issued its 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 firm had revenue of $2.60 billion for the quarter, compared to the consensus estimate of $2.63 billion. Nintendo had a return on equity of 13.74% and a net margin of 18.33%.Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, research analysts forecast that Nintendo Co. will post 0.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Nintendo

Institutional investors have recently made changes to their positions in the company. O Brien Greene & Co. Inc lifted its stake in shares of Nintendo by 2.1% in the 4th quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock valued at $642,000 after purchasing an additional 800 shares during the period. PNC Financial Services Group Inc. grew its position in Nintendo by 11.4% during the first quarter. PNC Financial Services Group Inc. now owns 9,987 shares of the company’s stock valued at $143,000 after buying an additional 1,023 shares during the period. AdvisorShares Investments LLC grew its position in Nintendo by 4.9% during 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. Confluence Investment Management LLC increased its holdings in Nintendo by 4.0% in the fourth quarter. Confluence Investment Management LLC now owns 67,829 shares of the company’s stock valued at $1,144,000 after buying an additional 2,628 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Nintendo by 322.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock valued at $71,000 after buying an additional 3,225 shares in the last quarter. 0.02% of the stock is owned by hedge funds and other institutional investors.

About Nintendo

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.