Nomura Research Institute (OTCMKTS:NRILY) Releases Earnings Results, Beats Estimates By $0.01 EPS

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) issued its earnings results on Thursday. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01, Zacks reports. Nomura Research Institute had a net margin of 12.96% and a return on equity of 22.63%.

Nomura Research Institute Price Performance

Shares of OTCMKTS NRILY traded down $2.46 during mid-day trading on Thursday, reaching $35.13. The company’s stock had a trading volume of 27,482 shares, compared to its average volume of 40,051. The stock has a fifty day moving average of $39.12 and a two-hundred day moving average of $38.93. Nomura Research Institute has a 52 week low of $30.97 and a 52 week high of $43.20. The firm has a market capitalization of $20.42 billion, a PE ratio of 29.52, a P/E/G ratio of 2.57 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.72 and a quick ratio of 1.84.

Wall Street Analyst Weigh In

Several analysts recently weighed in on NRILY shares. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Zacks Research downgraded Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Get Our Latest Stock Analysis on NRILY

Nomura Research Institute Company Profile

(Get Free Report)

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.

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Earnings History for Nomura Research Institute (OTCMKTS:NRILY)

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