Nomura Research Institute (OTCMKTS:NRILY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Nomura Research Institute (OTCMKTS:NRILY) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other equities research analysts have also recently issued reports on the company. Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Nomura Research Institute Stock Performance

OTCMKTS:NRILY opened at $26.06 on Wednesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.84 and a current ratio of 2.08. The company has a fifty day moving average of $29.93 and a two-hundred day moving average of $35.74. The stock has a market capitalization of $15.14 billion, a PE ratio of 21.18, a P/E/G ratio of 1.86 and a beta of 0.73. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $43.20.

Nomura Research Institute (OTCMKTS:NRILY) last announced its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. The business had revenue of $1.33 billion for the quarter. As a group, research analysts forecast that Nomura Research Institute will post 1.04 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.