Nomura Research Institute (NRILY) Projected to Post Earnings on Thursday

Nomura Research Institute (OTCMKTS:NRILY) will likely be issuing its results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.

Nomura Research Institute (OTCMKTS:NRILY) last posted its earnings results on Thursday, October 30th. The company reported $0.33 earnings per share (EPS) for the quarter. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. Nomura Research Institute had a net margin of 12.96% and a return on equity of 22.63%. On average, analysts expect Nomura Research Institute to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nomura Research Institute Price Performance

Shares of OTCMKTS NRILY opened at $37.57 on Thursday. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 2.53 and a beta of 0.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.72 and a quick ratio of 1.84. The firm’s 50 day simple moving average is $39.33 and its 200-day simple moving average is $38.91. Nomura Research Institute has a 12 month low of $29.20 and a 12 month high of $43.20.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Zacks Research cut Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Citigroup raised shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

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.