Should you buy Nintendo stock?
Video game stocks are broadly good buys in 2020. In that category, one of the better stocks to buy is Nintendo, given the company’s strong hardware business, stronger software business and big 2021 catalyst with the launch of the Switch 2. It also helps that the stock is attractively valued.
When will Nintendo split its stock?
Nintendo also made two announcements of interest for shareholders. The company will execute a 10-for-1 stock split on Friday, September 30, 2022. If that wasn't enough wild news for shareholders, Nintendo also announced they will be buying $429 million worth of the company's stock at 8:45 a.m. tomorrow.
Can Nintendo stock be publicly traded?
Yes, Nintendo is a publicly traded company. The other two members of The Pokémon Company joint company, GAME FREAK and Creatures, are privately held. Ordinary stock shares are only traded via the Tokyo stock exchange and Osaka stock exchange. However, others who want to invest in Nintendo can do so through American Depository Receipts (ADRs).
Is Nintendo publicly traded?
Nintendo's shares are publicly traded in the US as ADRs on the OTC market with the tickers NTDOY & NTDOF, and also in Japan on the Tokyo Stock Exchange with the ticker 7974:JP. The company's Japan-listed shares with the 7974:JP tickers have very good liquidity boasting a three-month average daily trading value of approximately $800 million.
Is Game Freak On the stock market?
Nintendo also owns 32% of The Pokémon Company, and it is the only publicly traded company in The Pokémon Company joint company, with the other two companies GAME FREAK and Creatures being privately held.
Who owns the most shares of Nintendo?
Top 10 Owners of Nintendo Co LtdStockholderStakeShares ownedFidelity Management & Research Co...0.11%1,171,872The London Company of Virginia LL...0.07%685,896CapFinancial Partners LLC0.05%462,383FIAM LLC0.02%235,2836 more rows
Why is Nintendo OTC?
Nintendo is publicly traded in Japan, where it is headquartered. It's listed on the Tokyo Stock Exchange with the ticker 7974:JP. In the United States, it's traded as an ADR on OTC markets under the tickers NTDOY and NTDOF. ADRs are a little different than stocks in that they don't often have shareholder voting rights.
Is Nintendo an OTC?
U.S. investors can purchase a Nintendo ADR traded over the counter (OTC) with the ticker symbol NTDOY.
How often does Nintendo dividend?
Nintendo pays a dividend 2 times a year. Payment months are June, December. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.
How much is Nintendo's net worth?
Interactive chart of historical net worth (market cap) for Nintendo (NTDOY) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Nintendo net worth as of July 20, 2022 is $57.43B.
Is Nintendo a good stock to buy 2022?
Nintendo Stock Key Metrics Nintendo's shares traded on the OTC market also increased by a similar +3.3% from $53.16 as of May 9, 2022 (US time) to close at $54.90 on May 10, 2022. It is obvious that certain disclosures relating to Nintendo's full-year FY 2022 earnings were viewed favorably by investors.
Is Nintendo stock a good buy?
Analysts expect all those tailwinds to boost Nintendo's revenue and earnings by about 4% and 11%, respectively, in fiscal 2023. Based on those estimates, Nintendo's stock trades at just 18 times forward earnings and four times this year's sales -- so it should still be considered a value stock.
What's the difference between the two Nintendo stocks?
Nintendo has two symbols NTDOY and NTDOF stock. The difference between the two is that NTDOY commands a higher volume of trading compared to NTDOF.
Why is Nintendo pink sheet?
Nintendo trades on the U.S. Stock Market's Pink Sheets under the symbol NTDOY. The stock had been trading an average daily volume between 20,000 and 50,000 shares for most of the year until July 7th, when it traded 900,000 shares closing the trading day at $18.81/share.
How much is Nintendo worth in US dollars?
As of July 2022 Nintendo has a market cap of $52.87 Billion. This makes Nintendo the world's 276th most valuable company by market cap according to our data.
How much does it cost to buy a Nintendo company?
Nintendo – $54.89 billion – You may have heard the story of Microsoft being laughed out of the room when they approached Nintendo about a potential purchase once upon a time, but the Activision deal is bigger than Nintendo's entire market cap, which is pretty shocking to see.
Should I buy or sell Nintendo stock right now?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nintendo in the last year. There are currently 1 sell rating, 1 hold ratin...
What is Nintendo's stock price forecast for 2022?
6 equities research analysts have issued 1-year price objectives for Nintendo's shares. Their forecasts range from $50.00 to $494.69. On average, t...
How has Nintendo's stock performed in 2022?
Nintendo's stock was trading at $58.37 at the start of the year. Since then, NTDOY stock has decreased by 7.3% and is now trading at $54.11. View...
Are investors shorting Nintendo?
Nintendo saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 25,400 shares, a drop of 35.9% from th...
How were Nintendo's earnings last quarter?
Nintendo Co., Ltd. (OTCMKTS:NTDOY) issued its quarterly earnings data on Thursday, August, 5th. The company reported $0.89 EPS for the quarter, bea...
Is Nintendo a good dividend stock?
Nintendo(OTCMKTS:NTDOY) pays an annual dividend of $0.53 per share and currently has a dividend yield of 0.98%. The dividend payout ratio of Ninten...
What guidance has Nintendo issued on next quarter's earnings?
Nintendo issued an update on its FY 2023 earnings guidance on Tuesday, June, 7th. The company provided earnings per share (EPS) guidance of $2.50-$...
Who are Nintendo's key executives?
Nintendo's management team includes the following people: Mr. Shuntaro Furukawa , Chairman & Pres (Age 50, Pay $2.43M) Mr. Shigeru Miyamoto , C...
Who are some of Nintendo's key competitors?
Some companies that are related to Nintendo include Hasbro (HAS) , Funko (FNKO) , Vinco Ventures (BBIG) , JAKKS Pacific (JAKK) , Majic Wheels...
How much did Nintendo's Switch sales fall in the first quarter?
How much is the Nintendo Switch OLED?
TOKYO (Reuters) -Japan's Nintendo Co Ltd said on Thursday sales of its Switch console fell 22% in the first quarter as demand for the hit device fades in its fifth year on the market.
Is Roblox a Nintendo?
The $349.99 Nintendo Switch OLED will launch on Oct. 8 in the second major upgrade to the hit line of consoles. Prior to the launch announcement, Bloomberg reported the Switch upgrade would have an upgraded central processor unit (CPU) and 4K output. Bloomberg • 4 days ago.
Is there a plan to release a new version of the Switch Pro?
Despite Roblox (NYSE: RBLX) and Nintendo (OTC: NTDOY) each being a leader in the video gaming industry today, both operate very different business models. While Nintendo builds complete systems on its own from hardware to software, Roblox capitalizes on the creativity of others. Although Roblox and Nintendo are each attacking the gaming market from a different angle, both have found success thanks to their unique strategies.
3.3 Analyst's Opinion
Nintendo Switch Pro: There are ‘no plans’ to launch another version of console after new OLED model, company says. Nintendo says it has “no plans” for another version of the Switch after its recently released OLED model.
Is Nintendo a buy right now?
Nintendo has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
How has Nintendo's stock been impacted by COVID-19?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nintendo in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Nintendo stock. View analyst ratings for Nintendo or view top-rated stocks.
Are investors shorting Nintendo?
Nintendo's stock was trading at $41.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NTDOY shares have increased by 53.8% and is now trading at $63.88. View which stocks have been most impacted by COVID-19.
How were Nintendo's earnings last quarter?
Nintendo saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 163,600 shares, a decrease of 32.2% from the December 31st total of 241,200 shares. Based on an average daily trading volume, of 572,600 shares, the short-interest ratio is currently 0.3 days. View Nintendo's Short Interest.
Is Nintendo a good dividend stock?
Nintendo Co., Ltd. (OTCMKTS:NTDOY) announced its quarterly earnings data on Thursday, February, 3rd. The company reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.41. The business had revenue of $6.13 billion for the quarter, compared to analysts' expectations of $5.91 billion.
What guidance has Nintendo issued on next quarter's earnings?
Nintendo pays an annual dividend of $1.06 per share and currently has a dividend yield of 1.68%. The dividend payout ratio of Nintendo is 24.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nintendo will have a dividend payout ratio of 29.61% next year.
Nintendo OTC Stock Price History Chart
Nintendo issued an update on its FY 2022 earnings guidance on Monday, February, 14th. The company provided EPS guidance of $31.960-$31.960 for the period. The company issued revenue guidance of $15.56 billion-$15.56 billion.
Nintendo OTC Stock Price History Data
There are several ways to analyze Nintendo Stock price data. The simplest method is using a basic Nintendo candlestick price chart, which shows Nintendo price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
About Nintendo OTC Stock history
The price series of Nintendo for the period between Mon, Nov 15, 2021 and Sun, Feb 13, 2022 has a statistical range of 9.11 with a coefficient of variation of 4.21. The daily prices for the period are spread out with arithmetic mean of 58.49. The median price for the last 90 days is 58.55.
Nintendo OTC Stock Technical Analysis
Nintendo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future.
Nintendo Technical and Predictive Indicators
Nintendo technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Complementary Tools for Nintendo OTC Stock analysis
Predictive indicators are helping investors to find signals for Nintendo stock's direction in advance.
Q1 earnings results
When running Nintendo ADR price analysis, check to measure Nintendo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nintendo is operating at the current time.
New projects coming
Sales were down 10% year over year to $2.92 billion in Q1. Operating profit was down 17% year over year to $1.08 billion, giving Nintendo an operating margin of 37% in the quarter.
Take the long view
Nintendo is making numerous investments to diversify outside of its dedicated gaming hardware business. These initiatives may not bring in tons of direct revenue for Nintendo, but they can help get kids more in touch with its entertainment characters, which will hopefully lead to more engagement with its highly profitable video games business.
Time to buy?
While investors can get nervous about one disappointing quarter, it can provide clarity to look out over a few years when evaluating the health of a business.
