Nomura Research Institute (OTCMKTS:NRILY) Issues Quarterly Earnings Results

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) posted its earnings results on Thursday. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01, Zacks reports. The company had revenue of $1.33 billion for the quarter. Nomura Research Institute had a return on equity of 22.82% and a net margin of 13.17%.

Nomura Research Institute Price Performance

OTCMKTS NRILY opened at $30.46 on Friday. Nomura Research Institute has a 12 month low of $30.44 and a 12 month high of $43.20. The firm has a market capitalization of $17.70 billion, a PE ratio of 24.76, a P/E/G ratio of 2.39 and a beta of 0.70. The company’s 50 day simple moving average is $38.83 and its 200 day simple moving average is $38.87. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.72 and a quick ratio of 1.84.

Analysts Set New Price Targets

NRILY has been the topic of several recent research reports. Zacks Research downgraded shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Monday, December 22nd. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Nomura Research Institute has an average rating of “Reduce”.

Read Our Latest Stock Report on NRILY

About Nomura Research Institute

(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.

See Also

Earnings History for Nomura Research Institute (OTCMKTS:NRILY)

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