Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) issued its earnings results on Friday. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $31.34 by ($32.10), Zacks reports. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%.
Nomura Research Institute Price Performance
Shares of OTCMKTS NRILY traded up $3.11 during midday trading on Friday, hitting $32.16. 15,079 shares of the company’s stock were exchanged, compared to its average volume of 147,160. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company has a market cap of $18.44 billion, a PE ratio of 26.15, a P/E/G ratio of 1.89 and a beta of 0.70. The firm’s fifty day simple moving average is $27.40 and its 200-day simple moving average is $34.02.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the company. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Nomura Research Institute Company Profile
Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.
NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.
See Also
Receive News & Ratings for Nomura Research Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura Research Institute and related companies with MarketBeat.com's FREE daily email newsletter.
