Nomura Research Institute (OTCMKTS:NRILY) Downgraded by Zacks Research to Strong Sell

Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Nomura Research Institute currently has a consensus rating of “Hold”.

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Nomura Research Institute Price Performance

Shares of OTCMKTS:NRILY opened at $31.01 on Wednesday. The company has a market cap of $17.78 billion, a price-to-earnings ratio of 140.95, a PEG ratio of 1.75 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 firm has a 50 day simple moving average of $28.79 and a 200 day simple moving average of $30.20. Nomura Research Institute has a one year low of $22.73 and a one year high of $43.20.

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

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.

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