Nintendo (OTCMKTS:NTDOY – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01), Zacks reports. Nintendo had a return on equity of 16.31% and a net margin of 21.00%.
Nintendo Stock Performance
OTCMKTS:NTDOY traded down $0.08 on Thursday, hitting $13.68. The stock had a trading volume of 2,897,293 shares, compared to its average volume of 1,346,509. Nintendo has a 1 year low of $10.18 and a 1 year high of $22.89. The firm’s fifty day simple moving average is $13.18 and its two-hundred day simple moving average is $12.96. The stock has a market cap of $70.44 billion, a P/E ratio of 20.54 and a beta of 0.49.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the company. UBS Group lowered Nintendo from a “neutral” rating to a “sell” rating in a report on Friday, September 25th. Citigroup reiterated a “buy” rating on shares of Nintendo in a report on Friday, August 14th. Finally, BNP Paribas Exane assumed coverage on Nintendo in a report on Tuesday, September 22nd. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Key Stories Impacting Nintendo
Here are the key news stories impacting Nintendo this week:
- Positive Sentiment: Nintendo’s first-half net profit rose 11% year over year to ¥220.92 billion, supported by stronger software sales and anticipation of a new Mario movie. Nintendo’s First-Half Profit Rose on Stronger Software Sales, New ‘Mario’ Movie
- Positive Sentiment: The launch of a remake of The Legend of Zelda: Ocarina of Time generated positive attention and was reported as a catalyst for a stock surge, highlighting the potential of Nintendo’s major franchises. Nintendo stock surges following Zelda: Ocarina of Time remake launch
- Positive Sentiment: Star Fox joined Nintendo’s million-seller club, adding evidence of continued demand for its game franchises. Star Fox has joined Nintendo’s Million-Seller Club
- Neutral Sentiment: The Switch 2 sold another 2.67 million units in the fiscal second quarter, though reports also highlighted a sharp year-over-year sales decline. Nintendo Switch 2 sells another 2.67 million units in Q2 FY27
- Negative Sentiment: Switch 2 sales fell 41% in the quarter, with price increases and higher memory costs cited as headwinds. The slowdown raises concerns about console demand and costs. Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite
- Negative Sentiment: Nintendo reported quarterly EPS of $0.10, below analysts’ $0.11 estimate, adding to pressure from the weaker console sales. Nintendo earnings results
About Nintendo
Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive entertainment products for global markets. Its business centers on dedicated video game hardware, software and related digital services, with offerings designed to combine proprietary systems and internally developed content.
The company is known for its Nintendo Switch platform and franchises including Super Mario, The Legend of Zelda, Animal Crossing, Splatoon, Kirby, Metroid and Donkey Kong.
Featured Stories
- Five stocks we like better than Nintendo
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for Nintendo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nintendo and related companies with MarketBeat.com's FREE daily email newsletter.
