Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.03), Zacks reports. Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.38%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion.
Nomura Research Institute Stock Up 1.3%
Shares of Nomura Research Institute stock traded up $0.51 on Friday, hitting $39.44. The company had a trading volume of 1,326 shares, compared to its average volume of 76,286. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.62 and a current ratio of 1.62. The stock has a market capitalization of $22.13 billion, a price-to-earnings ratio of 171.48 and a beta of 0.75. The stock has a 50 day moving average of $33.91 and a 200-day moving average of $30.61. Nomura Research Institute has a 1 year low of $22.73 and a 1 year high of $42.93.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Friday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
Nomura Research Institute Company Profile
Nomura Research Institute, Ltd. (NRI) is a Japan-based consulting and information technology services company. It provides management consulting, technology consulting, systems integration, and digital transformation services to corporations, financial institutions, and government organizations.
NRI develops and operates technology platforms and business systems for sectors including securities, banking, insurance, retail, manufacturing, and public services. Its offerings include application development, cloud and data-center services, cybersecurity, information management, and managed technology operations.
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