Nintendo (OTCMKTS:NTDOY) Shares Gap Down – Time to Sell?

Nintendo Co. (OTCMKTS:NTDOY) gapped down prior to trading on Tuesday . The stock had previously closed at $15.02, but opened at $14.07. Nintendo shares last traded at $14.01, with a volume of 1,154,407 shares changing hands.

Analyst Ratings Changes

NTDOY has been the subject of several research analyst reports. Wolfe Research upgraded shares of Nintendo from an “underperform” rating to a “peer perform” rating in a research note on Thursday, January 22nd. Zacks Research downgraded Nintendo from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. UBS Group upgraded Nintendo from a “sell” rating to a “neutral” rating in a research note on Wednesday, February 4th. Freedom Capital raised Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Finally, China Renaissance reissued a “sell” rating on shares of Nintendo in a report on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Nintendo Price Performance

The firm’s 50 day moving average price is $14.93 and its two-hundred day moving average price is $18.39. The firm has a market cap of $73.77 billion, a price-to-earnings ratio of 24.91 and a beta of 0.57.

Nintendo (OTCMKTS:NTDOY) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. Nintendo had a return on equity of 13.03% and a net margin of 18.91%.The firm had revenue of $5.18 billion for the quarter, compared to analysts’ expectations of $5.29 billion. Nintendo has set its FY 2025 guidance at 0.488-0.488 EPS. On average, analysts anticipate that Nintendo Co. will post 0.44 earnings per share for the current year.

Institutional Investors Weigh In On Nintendo

Hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. grew its position in Nintendo by 13.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,040 shares of the company’s stock valued at $145,000 after buying an additional 724 shares during the last quarter. O Brien Greene & Co. Inc raised its position in Nintendo by 2.1% during the 4th quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock worth $642,000 after buying an additional 800 shares during the last quarter. Salomon & Ludwin LLC raised its position in Nintendo by 76.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,872 shares of the company’s stock worth $40,000 after buying an additional 809 shares during the last quarter. Appleton Partners Inc. MA lifted its stake in shares of Nintendo by 0.7% in the 3rd quarter. Appleton Partners Inc. MA now owns 127,279 shares of the company’s stock worth $2,716,000 after acquiring an additional 837 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Nintendo by 9.0% in the 3rd quarter. GAMMA Investing LLC now owns 22,235 shares of the company’s stock worth $474,000 after acquiring an additional 1,835 shares during the period. 0.02% of the stock is owned by institutional investors and hedge funds.

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.