Wedbush Has Positive Outlook for Nintendo FY2025 Earnings

Nintendo Co., Ltd. (OTCMKTS:NTDOY) – Investment analysts at Wedbush raised their FY2025 earnings per share estimates for shares of Nintendo in a research note issued to investors on Thursday, January 30th. Wedbush analyst M. Pachter now anticipates that the company will post earnings of $0.45 per share for the year, up from their previous estimate of $0.41. The consensus estimate for Nintendo’s current full-year earnings is $0.45 per share.

Nintendo (OTCMKTS:NTDOY) last announced its earnings results on Tuesday, November 5th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.06). Nintendo had a return on equity of 12.78% and a net margin of 23.37%. The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $2.25 billion.

Separately, TD Cowen initiated coverage on shares of Nintendo in a research report on Monday, October 7th. They issued a “buy” rating on the stock.

Nintendo Trading Down 2.1 %

Shares of OTCMKTS NTDOY opened at $16.35 on Monday. The stock has a market cap of $84.93 billion, a P/E ratio of 34.79 and a beta of 0.45. The business’s fifty day simple moving average is $14.90 and its 200-day simple moving average is $13.89. Nintendo has a 12-month low of $11.36 and a 12-month high of $16.90.

Institutional Investors Weigh In On Nintendo

Several institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC raised its holdings in shares of Nintendo by 53.4% in the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after acquiring an additional 4,509 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in Nintendo in the 3rd quarter valued at about $99,000. Diversified Trust Co purchased a new position in Nintendo in the 4th quarter valued at about $182,000. Fulton Bank N.A. acquired a new stake in shares of Nintendo during the 4th quarter worth about $200,000. Finally, Kornitzer Capital Management Inc. KS boosted its stake in shares of Nintendo by 49.8% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock worth $2,215,000 after purchasing an additional 50,000 shares during the last quarter. 0.02% of the stock is currently owned by hedge funds and other institutional investors.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.