Nintendo (OTCMKTS:NTDOY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.01), Zacks reports. Nintendo had a net margin of 21.00% and a return on equity of 16.31%.
Nintendo Trading Down 0.6%
Shares of NTDOY traded down $0.08 during trading hours on Thursday, reaching $13.68. 2,897,293 shares of the company’s stock traded hands, compared to its average volume of 1,346,509. The stock has a market cap of $70.44 billion, a PE ratio of 20.54 and a beta of 0.49. The firm’s 50 day simple moving average is $13.18 and its 200-day simple moving average is $12.96. Nintendo has a 12 month low of $10.18 and a 12 month high of $22.89.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the stock. UBS Group downgraded shares of Nintendo from a “neutral” rating to a “sell” rating in a report on Friday, September 25th. BNP Paribas Exane started coverage on shares of Nintendo in a report on Tuesday, September 22nd. They set a “neutral” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of Nintendo in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Nintendo has an average rating of “Hold”.
Read Our Latest Report on NTDOY
Key Headlines Impacting Nintendo
Here are the key news stories impacting Nintendo this week:
- Positive Sentiment: Nintendo’s first-half net profit rose 11% year over year to ¥220.92 billion, supported by stronger software sales and anticipation of a new Mario movie. Nintendo’s First-Half Profit Rose on Stronger Software Sales, New ‘Mario’ Movie
- Positive Sentiment: The launch of a remake of The Legend of Zelda: Ocarina of Time generated positive attention and was reported as a catalyst for a stock surge, highlighting the potential of Nintendo’s major franchises. Nintendo stock surges following Zelda: Ocarina of Time remake launch
- Positive Sentiment: Star Fox joined Nintendo’s million-seller club, adding evidence of continued demand for its game franchises. Star Fox has joined Nintendo’s Million-Seller Club
- Neutral Sentiment: The Switch 2 sold another 2.67 million units in the fiscal second quarter, though reports also highlighted a sharp year-over-year sales decline. Nintendo Switch 2 sells another 2.67 million units in Q2 FY27
- Negative Sentiment: Switch 2 sales fell 41% in the quarter, with price increases and higher memory costs cited as headwinds. The slowdown raises concerns about console demand and costs. Nintendo Switch 2 sales plunge 41% as price hikes and memory crunch bite
- Negative Sentiment: Nintendo reported quarterly EPS of $0.10, below analysts’ $0.11 estimate, adding to pressure from the weaker console sales. Nintendo earnings results
Nintendo Company Profile
Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive entertainment products for global markets. Its business centers on dedicated video game hardware, software and related digital services, with offerings designed to combine proprietary systems and internally developed content.
The company is known for its Nintendo Switch platform and franchises including Super Mario, The Legend of Zelda, Animal Crossing, Splatoon, Kirby, Metroid and Donkey Kong.
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