Nintendo Co. (OTCMKTS:NTDOY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Nintendo Co. (OTCMKTS:NTDOY) have received an average recommendation of “Hold” from the eight brokerages that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. Benchmark reiterated a “buy” rating on shares of Nintendo in a report on Monday, May 11th.

Nintendo Price Performance

NTDOY opened at $11.77 on Thursday. The stock’s 50 day simple moving average is $11.11 and its 200 day simple moving average is $12.85. The firm has a market cap of $60.60 billion, a price-to-earnings ratio of 19.62 and a beta of 0.39. Nintendo has a 1 year low of $10.18 and a 1 year high of $24.92.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.10. Nintendo had a return on equity of 13.74% and a net margin of 18.33%. As a group, sell-side analysts anticipate that Nintendo will post 0.51 EPS for the current year.

Institutional Investors Weigh In On Nintendo

Several institutional investors and hedge funds have recently modified their holdings of NTDOY. O Brien Greene & Co. Inc lifted its holdings in shares of Nintendo by 2.1% during the fourth 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. Thurston Springer Miller Herd & Titak Inc. increased its position in Nintendo by 47.6% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,100 shares of the company’s stock valued at $32,000 after buying an additional 1,000 shares in the last quarter. PNC Financial Services Group Inc. increased 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 valued at $143,000 after buying an additional 1,023 shares in the last quarter. AdvisorShares Investments LLC raised its stake in Nintendo by 4.9% during the fourth quarter. AdvisorShares Investments LLC now owns 51,703 shares of the company’s stock valued at $872,000 after buying an additional 2,413 shares during the last quarter. Finally, DRW Securities LLC bought a new stake in Nintendo in the fourth quarter worth $295,000. 0.02% of the stock is owned by hedge funds and other 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.