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

Shares of Nintendo Co. (OTCMKTS:NTDOY) gapped up before the market opened on Tuesday . The stock had previously closed at $11.44, but opened at $11.89. Nintendo shares last traded at $11.85, with a volume of 975,909 shares.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Zacks Research lowered shares of Nintendo from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. TD Cowen restated a “buy” rating on shares of Nintendo in a research report on Tuesday, April 14th. China Renaissance reaffirmed a “sell” rating on shares of Nintendo in a research note on Wednesday, February 4th. UBS Group upgraded Nintendo from a “sell” rating to a “neutral” rating in a report on Wednesday, February 4th. Finally, Wolfe Research upgraded Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Nintendo currently has a consensus rating of “Hold”.

Nintendo Stock Performance

The business’s fifty day moving average is $13.32 and its two-hundred day moving average is $15.97. The company has a market cap of $61.48 billion, a P/E ratio of 19.90 and a beta of 0.41.

Nintendo (OTCMKTS:NTDOY) last issued its earnings results on Friday, May 8th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business 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 13.82%. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. Analysts expect that Nintendo Co. will post 0.51 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Dorsey Wright & Associates purchased a new stake in shares of Nintendo during the 3rd quarter worth $1,562,000. Hantz Financial Services Inc. purchased a new position in Nintendo in the fourth quarter valued at about $875,000. AdvisorShares Investments LLC purchased a new stake in shares of Nintendo during the third quarter valued at about $1,052,000. Appleton Partners Inc. MA lifted its position in shares of Nintendo by 27.9% during the first quarter. Appleton Partners Inc. MA now owns 163,035 shares of the company’s stock valued at $2,248,000 after buying an additional 35,581 shares during the last quarter. Finally, Atlatl Advisers LLC bought a new stake in shares of Nintendo in the 3rd quarter valued at about $462,000. 0.02% of the stock is currently 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.