Nomura Research Institute (OTCMKTS:NRILY) Shares Gap Up – What’s Next?

Nomura Research Institute (OTCMKTS:NRILYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $28.65, but opened at $31.3810. Nomura Research Institute shares last traded at $31.3810, with a volume of 594 shares.

Analysts Set New Price Targets

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

Read Our Latest Report on Nomura Research Institute

Nomura Research Institute Stock Up 5.2%

The firm has a market capitalization of $18.13 billion, a price-to-earnings ratio of 143.68, a P/E/G ratio of 1.73 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.84 and a quick ratio of 1.84. The stock has a fifty day moving average of $28.63 and a two-hundred day moving average of $30.43.

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

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.

Further Reading

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.