Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) released its quarterly earnings results on Friday. The company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10), Zacks reports. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.
Nomura Research Institute Stock Up 10.7%
OTCMKTS:NRILY traded up $3.11 during mid-day trading on Friday, reaching $32.16. The company’s stock had a trading volume of 15,079 shares, compared to its average volume of 147,160. Nomura Research Institute has a 1 year low of $22.73 and a 1 year high of $43.20. The stock has a fifty day moving average of $27.40 and a 200-day moving average of $34.02. The firm has a market capitalization of $18.44 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 1.89 and a beta of 0.70.
Analyst Ratings Changes
A number of equities research analysts have issued reports on NRILY shares. Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Nomura Research Institute currently has an average rating of “Moderate Buy”.
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.
See Also
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.
