Jefferies Financial Group Upgrades Nomura Research Institute (OTCMKTS:NRILY) to Strong-Buy

Nomura Research Institute (OTCMKTS:NRILY) was upgraded by analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

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

Nomura Research Institute Trading Up 1.2%

OTCMKTS NRILY opened at $26.95 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 0.42. The business has a fifty day simple moving average of $30.20 and a 200 day simple moving average of $35.84. Nomura Research Institute has a 12 month low of $22.73 and a 12 month high of $43.20. The firm has a market capitalization of $15.66 billion, a P/E ratio of 21.91, a PEG ratio of 1.79 and a beta of 0.73.

Nomura Research Institute (OTCMKTS:NRILY) last posted its quarterly earnings data on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The firm 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, analysts predict that Nomura Research Institute will post 1.04 EPS for the current fiscal 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.