Nintendo (OTCMKTS:NTDOY) Shares Gap Up – Should You Buy?

Nintendo Co. (OTCMKTS:NTDOY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $13.1975, but opened at $13.89. Nintendo shares last traded at $13.95, with a volume of 912,149 shares changing hands.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Benchmark reiterated a “buy” rating on shares of Nintendo in a research note on Monday, May 11th. Citigroup reissued a “buy” rating on shares of Nintendo in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Nintendo Trading Up 5.9%

The stock has a market cap of $71.93 billion, a PE ratio of 21.17 and a beta of 0.39. The business has a 50-day moving average price of $11.32 and a 200 day moving average price of $12.71.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10. The company had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $2.72 billion. Nintendo had a net margin of 21.00% and a return on equity of 16.11%. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. On average, equities analysts predict that Nintendo Co. will post 0.55 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NTDOY. Appleton Partners Inc. MA increased its holdings in shares of Nintendo by 27.9% in the 1st quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock worth $2,248,000 after buying an additional 35,581 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in shares of Nintendo during the 4th quarter worth $875,000. AdvisorShares Investments LLC grew its position in Nintendo by 4.9% in the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after acquiring an additional 2,413 shares in the last quarter. O Brien Greene & Co. Inc grew its position in Nintendo by 2.1% in the fourth quarter. O Brien Greene & Co. Inc now owns 38,050 shares of the company’s stock worth $642,000 after acquiring an additional 800 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in shares of Nintendo in the 4th quarter worth about $295,000. 0.02% of the stock is currently owned by 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.