Zacks Research Upgrades Nomura Research Institute (OTCMKTS:NRILY) to Hold

Nomura Research Institute (OTCMKTS:NRILY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Separately, Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 19th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Nomura Research Institute currently has a consensus rating of “Hold”.

Nomura Research Institute Stock Performance

NRILY stock opened at $25.71 on Monday. Nomura Research Institute has a 1 year low of $24.71 and a 1 year high of $43.20. The stock has a market capitalization of $14.94 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 1.81 and a beta of 0.70. 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 stock’s fifty day moving average is $35.75 and its two-hundred day moving average is $38.05.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data 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. The business had revenue of $1.33 billion for the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. On average, research 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.