Nomura Research Institute (OTCMKTS:NRILY) Upgraded at Zacks Research

Zacks Research upgraded shares of Nomura Research Institute (OTCMKTS:NRILY) from a strong sell rating to a hold rating in a report released on Monday,Zacks.com reports.

Separately, Citigroup upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Nomura Research Institute Stock Down 1.9%

Nomura Research Institute stock opened at $25.23 on Monday. The firm has a market cap of $14.66 billion, a price-to-earnings ratio of 20.51, a PEG ratio of 1.73 and a beta of 0.70. Nomura Research Institute has a 52-week low of $24.71 and a 52-week high of $43.20. 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 firm has a 50 day moving average price of $35.46 and a two-hundred day moving average price of $37.96.

Nomura Research Institute (OTCMKTS:NRILY) last announced its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter. Equities analysts predict that Nomura Research Institute will post 1.04 EPS for the current year.

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.