Nomura Research Institute (OTCMKTS:NRILY – Get Free Report) announced its earnings results on Thursday. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02), Zacks reports. Nomura Research Institute had a net margin of 2.33% and a return on equity of 4.03%.
Nomura Research Institute Trading Down 2.0%
OTCMKTS NRILY opened at $33.06 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84. Nomura Research Institute has a one year low of $22.73 and a one year high of $43.20. The company has a 50-day simple moving average of $29.89 and a 200-day simple moving average of $29.43. The firm has a market capitalization of $18.55 billion, a PE ratio of 150.28, a price-to-earnings-growth ratio of 1.94 and a beta of 0.71.
Analyst Ratings Changes
Separately, Zacks Research downgraded Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.
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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