Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) posted its 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 11.6%
Shares of OTCMKTS NRILY traded up $3.37 during trading hours on Friday, hitting $32.42. 15,259 shares of the stock were exchanged, compared to its average volume of 147,171. Nomura Research Institute has a 12 month low of $22.73 and a 12 month high of $43.20. The firm has a fifty day moving average price of $27.40 and a 200-day moving average price of $34.02. The company has a market cap of $18.59 billion, a PE ratio of 26.35, a PEG ratio of 1.89 and a beta of 0.70.
Wall Street Analysts Forecast Growth
NRILY has been the topic of a number of analyst reports. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Jefferies Financial Group raised Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.
About Nomura Research Institute
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.
