Why Nintendo (NTDOY) Stock Is Falling Today Shares of Nintendo (NTDOY) are down as the home entertainment products company declined to a worse-than-expected loss for the fiscal first quarter. Tedd Cohen Jul 31, 2014 10:55 AM EDT
Full Answer
What will Nintendo's stock price be worth in the next 12 months?
Their forecasts range from $50.00 to $55,000.00. On average, they anticipate Nintendo's stock price to reach $27,525.00 in the next twelve months. This suggests a possible upside of 46,999.6% from the stock's current price.
Why did Nintendo's revenue drop 9% last year?
But this year, Nintendo expects its revenue to drop 9% as it faces tough post-pandemic comparisons and struggles to secure enough components throughout the global chip shortage. Competition from the PS5, Xbox Series S and X, and Valve's Steam Deck could exacerbate that pressure.
Did Nintendo’s short interest decline in December?
Nintendo saw a decline in short interest in the month of December. As of December 15th, there was short interest totaling 361,100 shares, a decline of 26.4% from the November 30th total of 490,500 shares. Based on an average daily volume of 811,000 shares, the days-to-cover ratio is presently 0.4 days.
What is the upside for Nintendo's stock?
Their forecasts range from $50.00 to $55,000.00. On average, they anticipate Nintendo's stock price to reach $27,525.00 in the next twelve months. This suggests a possible upside of 46,999.6% from the stock's current price. View analysts' price targets for Nintendo or view top-rated stocks among Wall Street analysts.
Why is Nintendo stocks down?
Supply chain pressures hit Switch sales Revenue totalled 1.69 trillion Japanese yen, down 3.6% year-on-year. Net profit dropped 0.6% to 477.6 billion yen. Part of that weakness is due to a fall in Switch sales, despite the company launching a new OLED (organic light-emitting diode) model during the fiscal year.
Is Nintendo a buy right now?
This doesn't mean it is time to sell all your holdings, but you should be prudent with any new stock purchases right now. If you have some spare cash available as we close out 2021, the one stock I'd recommend buying is Nintendo (NTDOY -1.25%).
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.
Who owns the most stock in Nintendo?
Top 10 Owners of Nintendo Co LtdStockholderStakeShares ownedFidelity Management & Research Co...0.16%1,669,472The London Company of Virginia LL...0.07%686,114CapFinancial Partners LLC0.05%462,383FIAM LLC0.03%334,4836 more rows
Is Nintendo a good stock to buy 2021?
The Japanese gaming stock has quietly outperformed the market this year. Nintendo's (NTDOY -0.87%) stock price declined 28% in 2021 as investors fretted over the Japanese gaming giant's decelerating growth in a post-lockdown world.
Why you should buy Nintendo stock?
Reasons Why You Should Buy Nintendo Stock: The potential launch of the new Nintendo Switch Pro could give the company a strong upside catalyst. Game sales are boosting Nintendo's profits. Nintendo released 20 titles in 2021 that have sold over a million copies each.
Is Nintendo a buy or sell?
Nintendo stock is a Hold, instead of a Buy or Sell before its announced stock split, as the company's near-term outlook isn't great.
Does Nintendo pay a 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. Plan your passive income for the whole year.
What company owns Nintendo switch?
Nintendo SwitchTop: A Nintendo Switch in "TV Mode", with the Joy-Con attached to a grip and the main unit docked Bottom: A Nintendo Switch in "Handheld Mode", with the Joy-Con attached to its sidesDeveloperNintendo PTDManufacturerFoxconn HosidenProduct familyNintendo SwitchTypeHybrid video game console32 more rows
How much is Nintendo's net worth?
Nintendo net worth as of June 06, 2022 is $57.37B. NINTENDO LTD is the acknowledged worldwide leader in the creation of interactive entertainment.
How many shares does Nintendo own?
Nintendo Co., Ltd. (US:NTDOY) has 90 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 4,971,157 shares.
Who are Nintendo's stakeholders?
In addition, it is of critical importance that Nintendo listens to all our diverse stakeholders. That includes our consumers, of course, but also other stakeholders such as our shareholders, our business partners and our employees.
Is Nintendo a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nintendo in the last twelve months. There are currently...
Are investors shorting Nintendo?
Nintendo saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 39,600 shares, a drop of 25.1% fro...
How were Nintendo's earnings last quarter?
Nintendo Co., Ltd. (OTCMKTS:NTDOY) announced its earnings results on Thursday, August, 5th. The company reported $0.89 earnings per share (EPS) for...
Is Nintendo a good dividend stock?
Nintendo pays an annual dividend of $1.06 per share and currently has a dividend yield of 1.89%. The dividend payout ratio of Nintendo is 23.61%. T...
What guidance has Nintendo issued on next quarter's earnings?
Nintendo issued an update on its FY 2023 earnings guidance on Tuesday, May, 24th. The company provided EPS guidance of $2.50-$2.50 for the period....
What price target have analysts set for NTDOY?
6 analysts have issued 1 year price targets for Nintendo's stock. Their forecasts range from $50.00 to $494.69. On average, they expect Nintendo's...
Who are Nintendo's key executives?
Nintendo's management team includes the following people: Mr. Shuntaro Furukawa , Chairman & Pres (Age 50, Pay $2.49M) Mr. Shigeru Miyamoto , C...
Who are some of Nintendo's key competitors?
Some companies that are related to Nintendo include Hasbro (HAS) , Funko (FNKO) , JAKKS Pacific (JAKK) , Majic Wheels (MJWL) , Millennium Prim...
What is Nintendo's stock symbol?
Nintendo trades on the OTCMKTS under the ticker symbol "NTDOY."
How many articles has The Fool written on Nintendo?
The Fool has written over 400 articles on Nintendo.
Does Nintendo make games?
Nintendo manufactures and markets hardware and software for its interactive gaming systems, including the Wii, DS, and Game Boy series. Unlike its gaming brethren Microsoft and Sony, Nintendo sells its hardware at a profit.
Does Alphabet have Ingress?
Alphabet has already cashed in with Ingress. Don't be surprised if Facebook is next.
OTC: NTDOY
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Misconceptions about Nintendo's business have created a dirt-cheap valuation
Although revenue and cash flow growth are often the leading drivers of a stock's performance over the long run, few factors are more impactful in the short term than a stock's narrative.
Why doesn't the market like Nintendo?
While it's always difficult to pin down the specific reasoning behind a stock's lack of positive investor sentiment, there are a few obvious culprits weighing down Nintendo. Here are three of them.
Why is the market wrong?
While it's pretty easy to see why the concerns from above might preclude investors from hopping on the Nintendo train, the company is beginning to put most of these worries to rest.
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When will the Super Mario movie be released?
The first center is open in Japan, with three others in Singapore, California, and Florida opening over the next few years. A Super Mario movie is coming in 2022 and is being produced by Illumination Studios, which has a strong track record of success with kids and family films like Despicable Me and The Secret Life of Pets .
Is Nintendo making investments?
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.
Is Animal Crossing on the Switch?
In fact, Animal Crossing is already the second-most popular game on the Switch, Nintendo's current gaming console, after being out for just over a year, selling 33.89 million software units over its lifetime. If you exclude the impact of Animal Crossing, Nintendo's first-party game sell-through (which measures how many items were sold to customers) was actually up this year. Nintendo management also reiterated its full-year guidance for $14.5 billion in sales and $4.5 billion in operating profit. Both of these numbers would be a slight decline from last fiscal year, which is a worry, but investors should remember that Nintendo is always conservative with guidance and that last fiscal year saw a rise in gaming demand due to the COVID-19 pandemic.
When will Metroid Dread be released?
Nintendo's Metroid Dread, the next installment of its Metroid series, is expected to be the company's biggest exclusive game of the holiday season when it launches on Oct. 8 alongside the new OLED Switch.
Will Nintendo ever grow again?
However, Nintendo's growth could accelerate again next year as it launches those new games and the chip industry resolves its messy shortages. The new Super Mario movie and theme park attractions might spark fresh interest in the Switch and its first-party franchises again, and Nintendo could gain more momentum as it cooks up its next major console.
Who is the actor who plays Mario in the movie?
The movie will be co-developed by Illumination (the animation studio that created Minions) and star Chris Pratt as Mario, Anya Taylor-Joy as Princess Peach, Seth Rogen as Donkey Kong, and Jack Black as Bowser. The game is scheduled for release next December.
Is there an expansion pack for Monster Hunter Rise?
Next summer, Capcom 's Switch-exclusive Monster Hunter Rise will receive an expansion pack called Sunbreak. Next year, Square Enix will also launch Chocobo GP, a Mario Kart -like racer that stars Final Fantasy characters.
Who is Leo in tech?
Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses. Follow him on Twitter for more updates!
Is Illumination a subsidiary of Comcast?
Nintendo's collaboration with Illumination, a subsidiary of Comcast 's ( NASDAQ:CMCSA) NBCUniversal, makes a lot of sense because Universal Studios also oversees the company's theme park plans.
How many Switch units did Nintendo sell?
Nintendo is guiding for sales of 26 million Switch units and 190 million software units in the current fiscal year, both a decrease from the 29 million and 231 million it sold last year. But investors should remember that Nintendo is always ultra-conservative with its guidance.
Is Nintendo going to open a theme park?
For one, Nintendo is getting into the theme park business through a partnership with Universal. The pair are planning on opening up four Nintendo-based theme parks around the world over the next few years in Japan, Singapore, California, and Florida. The location in Japan is already open, but it has faced some short-term headwinds due to the COVID-19 pandemic.
When will Mario be released?
A Mario movie is coming out in 2022 with other titles planned for the future. Illumination CEO Chris Meladandri just got nominated to Nintendo's Board of Directors as well, so it looks like the partnership is deepening with new opportunities for the gaming company going forward.
Is Nintendo a good buy?
If you believe Nintendo can sustain or grow its bottom line over the next few years, the stock looks like an attractive buy. Yes, there is a risk that the Switch gaming system will fall out of favor with gamers like the Wii did a decade ago, but so far, the company has shown the lessons it learned from prior console lifecycles. Taking all these factors into consideration, if you are a value-focused investor with a long time horizon, Nintendo is a tremendous opportunity at current prices.
Is Nintendo a Japanese company?
Japanese video game company Nintendo ( OTC:NTDOY) just released an action-packed full-year report. The business behind the hit Switch gaming system saw its sales and profits rise in tandem over the last 12 months, but the stock ended up declining slightly following the report to due weak guidance for hardware and software sales in the current year.
Is Mario coming to Japan?
Nintendo is also getting into animated movies in a partnership with Illumination Studios. A Mario movie is coming out in 2022 with other titles planned for the future.
Q1 Earnings Results
New Projects Coming
- Nintendois 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. For example, Nintendo is building f…
Take The Long View
- 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. If you compared Nintendo's first-quarter results to the period two years ago, sales were up 87% and operating profit was up 332%, which makes the double-digit percentage decline from last year look a lot better. Nintendo stoc…
Time to Buy?
- The risk with Nintendo is that the Switch goes through a sharp cycle of popularity and loses a large part of its player base a few years from now. This would lead to Nintendo losing some of its current earnings power, which would likely lead to the share pricing tumbling even lower from here. However, if you believe that Nintendo can smooth out its...