Brokerages Set Nomura Holdings, Inc. (NYSE:NMR) PT at $4.75

Shares of Nomura Holdings, Inc. (NYSE:NMR – Get Rating) have received a consensus rating of “Hold” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $4.75.

A number of equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Nomura from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a research report on Wednesday, April 6th. StockNews.com assumed coverage on shares of Nomura in a research report on Thursday, March 31st. They set a “hold” rating on the stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of NMR. HighTower Advisors LLC purchased a new stake in Nomura during the fourth quarter worth $46,000. Balentine LLC acquired a new position in shares of Nomura in the 4th quarter valued at about $47,000. Ellevest Inc. increased its position in shares of Nomura by 8,700.0% in the fourth quarter. Ellevest Inc. now owns 11,176 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 11,049 shares in the last quarter. BOKF NA purchased a new position in Nomura in the third quarter valued at about $50,000. Finally, Optas LLC acquired a new stake in shares of Nomura in the fourth quarter valued at about $51,000. Institutional investors own 7.52% of the company’s stock.

Shares of Nomura stock opened at $4.02 on Friday. Nomura has a 1 year low of $4.00 and a 1 year high of $5.65. The company has a debt-to-equity ratio of 6.60, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market cap of $12.29 billion, a PE ratio of -26.80, a price-to-earnings-growth ratio of 0.24 and a beta of 0.68. The firm has a fifty day moving average price of $4.45 and a 200 day moving average price of $4.52.

Nomura (NYSE:NMR – Get Rating) last released its quarterly earnings data on Tuesday, February 1st. The financial services provider reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.04. The business had revenue of $3.55 billion during the quarter, compared to analyst estimates of $3.31 billion. Nomura had a negative return on equity of 1.81% and a negative net margin of 3.61%. As a group, equities analysts expect that Nomura will post 0.55 EPS for the current year.

Nomura Company Profile (Get Rating)

Nomura Holdings, Inc operates as a holding company which provides the investment and financial services. It operates through the following segments: Retail, Asset Management, Wholesale and Merchant Banking. The Retail segment includes investment consultation services, distribution of trust certificates, and management of insurance agencies.

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