Nintendo (OTCMKTS:NTDOY – Get Free Report) posted its earnings results on Tuesday. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01), Zacks reports. Nintendo had a return on equity of 12.78% and a net margin of 23.37%.
Nintendo Stock Up 0.9 %
NTDOY stock opened at $16.50 on Tuesday. Nintendo has a 52 week low of $11.36 and a 52 week high of $16.90. The business has a 50-day simple moving average of $14.90 and a 200 day simple moving average of $13.90. The company has a market cap of $85.71 billion, a PE ratio of 35.11 and a beta of 0.45.
Wall Street Analyst Weigh In
Separately, TD Cowen began coverage on Nintendo in a research note on Monday, October 7th. They issued a “buy” rating for the company.
About Nintendo
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.
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