Zacks Research Upgrades Nomura (NYSE:NMR) to Strong-Buy

Nomura (NYSE:NMR) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

NMR has been the subject of a number of other reports. Nomura raised shares of Nomura to a “buy” rating and set a $10.20 price objective for the company in a research note on Thursday, June 25th. Bank of America upgraded shares of Nomura from a “neutral” rating to a “buy” rating and set a $10.20 target price on the stock in a research note on Thursday, June 25th. Finally, Weiss Ratings raised shares of Nomura from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $10.20.

Nomura Stock Down 1.3%

NMR stock opened at $9.54 on Wednesday. The business’s 50-day moving average price is $9.00 and its 200-day moving average price is $8.64. The stock has a market cap of $28.00 billion, a P/E ratio of 11.10, a PEG ratio of 2.39 and a beta of 0.69. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 7.38. Nomura has a twelve month low of $6.59 and a twelve month high of $10.06.

Nomura (NYSE:NMR) last released its earnings results on Tuesday, June 30th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter. Nomura had a net margin of 8.09% and a return on equity of 10.44%. The company had revenue of $4.19 billion during the quarter. On average, equities research analysts forecast that Nomura will post 0.93 EPS for the current year.

Institutional Investors Weigh In On Nomura

Institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC raised its position in shares of Nomura by 32.4% during the fourth quarter. Fisher Asset Management LLC now owns 13,151,514 shares of the financial services provider’s stock valued at $110,341,000 after buying an additional 3,221,008 shares during the last quarter. Donald Smith & CO. Inc. boosted its position in shares of Nomura by 2.2% during the fourth quarter. Donald Smith & CO. Inc. now owns 12,695,534 shares of the financial services provider’s stock worth $106,516,000 after acquiring an additional 274,787 shares during the last quarter. Morgan Stanley grew its stake in Nomura by 7.0% during the fourth quarter. Morgan Stanley now owns 9,815,360 shares of the financial services provider’s stock valued at $82,351,000 after acquiring an additional 638,424 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Nomura by 3.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 5,229,415 shares of the financial services provider’s stock valued at $43,875,000 after acquiring an additional 175,201 shares in the last quarter. Finally, Quantinno Capital Management LP increased its holdings in Nomura by 18.4% in the 1st quarter. Quantinno Capital Management LP now owns 2,547,208 shares of the financial services provider’s stock valued at $20,097,000 after acquiring an additional 395,656 shares during the last quarter. 15.14% of the stock is owned by hedge funds and other institutional investors.

Nomura News Roundup

Here are the key news stories impacting Nomura this week:

• Positive Sentiment: Nomura reported quarterly earnings of $0.30 per ADR, beating the $0.23 consensus estimate by $0.07. Revenue of $4.19 billion also exceeded expectations of $3.49 billion, providing a significant earnings and sales surprise. Nomura Holdings earnings report
• Positive Sentiment: Coverage of Nomura’s fiscal 2027 first-quarter call highlighted record recurring revenue and strong performance, suggesting momentum in its core businesses. Nomura Q1 2027 earnings call highlights
• Positive Sentiment: NMR was added to Zacks’ Rank #1 (Strong Buy) momentum stocks list, potentially attracting interest from quantitative and momentum-focused investors. Zacks best momentum stocks
• Positive Sentiment: Nomura also appeared on Zacks’ Rank #1 value stocks list, reinforcing the view that the shares offer attractive valuation characteristics after the earnings update. Zacks best value stocks
• Negative Sentiment: The Nikkei gained overall, but financial shares declined as electronics stocks led the market. That sector weakness may be contributing to short-term pressure on Nomura despite its company-specific earnings strength. Nikkei rises led by electronics stocks

Nomura Company Profile

Nomura Holdings, Inc is a global financial services group headquartered in Tokyo, Japan, with origins dating back to 1925 when Tokushichi Nomura II established the firm as a securities business. Over the decades Nomura has grown from a domestic securities house into a multinational financial services firm by expanding its product offerings and international footprint. The company is publicly listed and operates through a network of subsidiaries and branches to serve a broad client base.

Nomura’s principal businesses encompass retail brokerage, wholesale (investment banking and global markets), and asset management.