NINTENDO LTD/ADR (NTDOY) Receives Consensus Recommendation of “Hold” from Brokerages

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Shares of NINTENDO LTD/ADR (OTCMKTS:NTDOY) have been assigned an average rating of “Hold” from the five ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several research firms have recently commented on NTDOY. ValuEngine downgraded NINTENDO LTD/ADR from a “sell” rating to a “strong sell” rating in a research report on Tuesday, February 19th. Wedbush reaffirmed a “neutral” rating on shares of NINTENDO LTD/ADR in a research report on Monday, January 28th. Zacks Investment Research raised NINTENDO LTD/ADR from a “hold” rating to a “strong-buy” rating and set a $41.00 target price on the stock in a research report on Tuesday, February 5th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of NINTENDO LTD/ADR in a research report on Wednesday, March 27th.

Shares of OTCMKTS NTDOY opened at $42.20 on Monday. The company has a market cap of $39.80 billion, a price-to-earnings ratio of 31.97 and a beta of 1.06. NINTENDO LTD/ADR has a twelve month low of $31.38 and a twelve month high of $54.48.

NINTENDO LTD/ADR (OTCMKTS:NTDOY) last announced its quarterly earnings results on Thursday, January 31st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.19. The firm had revenue of $5.40 billion for the quarter, compared to the consensus estimate of $4.69 billion. NINTENDO LTD/ADR had a return on equity of 13.01% and a net margin of 14.42%. Equities analysts forecast that NINTENDO LTD/ADR will post 1.56 EPS for the current year.

Several institutional investors have recently bought and sold shares of the company. Gagnon Securities LLC grew its position in shares of NINTENDO LTD/ADR by 1.5% in the fourth quarter. Gagnon Securities LLC now owns 32,419 shares of the company’s stock valued at $1,082,000 after purchasing an additional 470 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of NINTENDO LTD/ADR by 48.3% in the fourth quarter. Quadrant Capital Group LLC now owns 12,078 shares of the company’s stock valued at $390,000 after buying an additional 3,931 shares during the period. Boston Common Asset Management LLC boosted its stake in shares of NINTENDO LTD/ADR by 35.7% in the fourth quarter. Boston Common Asset Management LLC now owns 22,682 shares of the company’s stock valued at $757,000 after buying an additional 5,968 shares during the period. Campbell Capital Management Inc. bought a new stake in shares of NINTENDO LTD/ADR in the fourth quarter valued at approximately $559,000. Finally, Empirical Capital Management LLC bought a new stake in shares of NINTENDO LTD/ADR in the fourth quarter valued at approximately $712,000. 0.16% of the stock is currently owned by institutional investors.

NINTENDO LTD/ADR Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells electronic entertainment products in Japan, the United States, Europe, Australia, Asia, and internationally. It provides video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware and related software.

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