Nomura Research Institute (OTCMKTS:NRILY) Lowered to Strong Sell Rating by Zacks Research

Zacks Research downgraded shares of Nomura Research Institute (OTCMKTS:NRILY) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Nomura Research Institute has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

Nomura Research Institute stock opened at $31.01 on Wednesday. The firm has a fifty day simple moving average of $28.79 and a two-hundred day simple moving average of $30.20. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.49. Nomura Research Institute has a twelve month low of $22.73 and a twelve month high of $43.20. The company has a market capitalization of $17.78 billion, a PE ratio of 140.95, a P/E/G ratio of 1.75 and a beta of 0.71.

Nomura Research Institute (OTCMKTS:NRILY) last announced its quarterly earnings data on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $227 billion. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. Research analysts expect that Nomura Research Institute will post 1.39 EPS for the current year.

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.