Nintendo (OTCMKTS:NTDOY) Shares Gap Down – What’s Next?

Nintendo Co. (OTCMKTS:NTDOY) gapped down before the market opened on Wednesday . The stock had previously closed at $13.9450, but opened at $13.55. Nintendo shares last traded at $13.53, with a volume of 153,050 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Benchmark reissued 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, August 14th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Nintendo Price Performance

The company has a market cap of $70.18 billion, a P/E ratio of 20.65 and a beta of 0.39. The business has a 50-day moving average of $11.56 and a two-hundred day moving average of $12.62.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.10. The business 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. Equities analysts anticipate that Nintendo Co. will post 0.55 EPS for the current fiscal year.

Hedge Funds Weigh In On Nintendo

Institutional investors and hedge funds have recently bought and sold shares of the company. Hantz Financial Services Inc. purchased a new stake in shares of Nintendo during the fourth quarter valued at $875,000. Appleton Partners Inc. MA raised its stake in 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 acquiring an additional 35,581 shares during the last quarter. DRW Securities LLC purchased a new position in Nintendo in the 4th quarter worth $295,000. AdvisorShares Investments LLC lifted its position in Nintendo by 4.9% during the 4th quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock worth $872,000 after acquiring an additional 2,413 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in Nintendo by 13.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,964 shares of the company’s stock worth $151,000 after acquiring an additional 1,073 shares during the period. 0.02% of the stock is owned by hedge funds and other institutional investors.

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.