NINTENDO Ltd/ADR (OTCMKTS:NTDOY) – Wedbush reduced their Q3 2019 earnings per share estimates for NINTENDO Ltd/ADR in a research note issued on Tuesday, October 30th. Wedbush analyst M. Pachter now expects that the company will post earnings per share of $0.77 for the quarter, down from their prior forecast of $0.81. Wedbush also issued estimates for NINTENDO Ltd/ADR’s Q4 2019 earnings at $0.15 EPS, FY2019 earnings at $1.53 EPS, Q1 2020 earnings at $0.26 EPS, Q2 2020 earnings at $0.27 EPS, Q3 2020 earnings at $0.62 EPS, Q4 2020 earnings at $0.24 EPS and FY2020 earnings at $1.38 EPS.
NTDOY has been the topic of a number of other reports. Goldman Sachs Group raised NINTENDO Ltd/ADR from a “neutral” rating to a “buy” rating in a research note on Monday, July 16th. Zacks Investment Research lowered NINTENDO Ltd/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, October 23rd.
Shares of OTCMKTS:NTDOY opened at $39.39 on Thursday. The company has a market capitalization of $35.94 billion, a PE ratio of 29.84 and a beta of 0.94. NINTENDO Ltd/ADR has a 1 year low of $36.76 and a 1 year high of $58.45.
NINTENDO Ltd/ADR (OTCMKTS:NTDOY) last issued its quarterly earnings data on Tuesday, July 31st. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.22 by $0.07. NINTENDO Ltd/ADR had a return on equity of 11.46% and a net margin of 14.20%. The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $2.04 billion.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Boston Common Asset Management LLC acquired a new position in NINTENDO Ltd/ADR during the third quarter worth $763,000. Boston Advisors LLC boosted its stake in NINTENDO Ltd/ADR by 66.8% during the second quarter. Boston Advisors LLC now owns 21,399 shares of the company’s stock worth $873,000 after buying an additional 8,570 shares during the last quarter. Confluence Investment Management LLC acquired a new position in NINTENDO Ltd/ADR during the second quarter worth $1,003,000. Hartline Investment Corp boosted its stake in NINTENDO Ltd/ADR by 10.0% during the second quarter. Hartline Investment Corp now owns 51,271 shares of the company’s stock worth $2,091,000 after buying an additional 4,648 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC boosted its stake in NINTENDO Ltd/ADR by 303.4% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 596,337 shares of the company’s stock worth $24,362,000 after buying an additional 448,516 shares during the last quarter. 0.15% of the stock is currently owned by institutional investors.
About NINTENDO Ltd/ADR
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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