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

Nintendo Co. (OTCMKTS:NTDOY)’s stock 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 trading hands. The stock had previously closed at $10.52.

Analyst Ratings Changes

Several equities research analysts have weighed in on NTDOY shares. TD Cowen restated a “buy” rating on shares of Nintendo in a research note on Tuesday, April 14th. Benchmark reaffirmed a “buy” rating on shares of Nintendo in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Nintendo Stock Down 1.4%

The company has a market capitalization of $53.40 billion, a PE ratio of 17.28 and a beta of 0.38. The business has a 50 day simple moving average of $11.67 and a 200 day simple moving average of $14.16.

Nintendo (OTCMKTS:NTDOY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 18.33% and a return on equity of 13.74%. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Equities analysts expect that Nintendo Co. will post 0.53 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Nintendo by 322.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,225 shares of the company’s stock valued at $71,000 after acquiring an additional 3,225 shares during the period. PNC Financial Services Group Inc. lifted its position in Nintendo by 11.4% during the 1st 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. DRW Securities LLC purchased a new stake in Nintendo during the 4th quarter valued at about $295,000. O Brien Greene & Co. Inc grew its stake in Nintendo by 2.1% during 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 last quarter. Finally, AdvisorShares Investments LLC increased its holdings 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 purchasing an additional 2,413 shares during the period. Hedge funds and other institutional investors own 0.02% of the company’s stock.

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.