Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 15,387 shares, an increase of 249.9% from the May 14th total of 4,398 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 94,632 shares, the days-to-cover ratio is currently 0.2 days.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on NRILY. Zacks Research upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Jefferies Financial Group upgraded shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
View Our Latest Stock Analysis on NRILY
Nomura Research Institute Trading Down 2.3%
Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) last posted its quarterly earnings results on Friday, April 24th. The company reported ($0.76) EPS for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $227 billion. On average, analysts predict that Nomura Research Institute will post 1.4 earnings per share for the current fiscal year.
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.
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