Nomura Research Institute (OTCMKTS:NRILY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Nomura Research Institute (OTCMKTS:NRILYFree Report) from a strong sell rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

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

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Nomura Research Institute Stock Performance

Shares of NRILY opened at $25.71 on Monday. The company has a quick ratio of 1.84, a current ratio of 2.08 and a debt-to-equity ratio of 0.42. The company has a 50-day simple moving average of $35.75 and a 200-day simple moving average of $38.05. Nomura Research Institute has a 52-week low of $24.71 and a 52-week high of $43.20. The company has a market capitalization of $14.94 billion, a PE ratio of 20.90, a P/E/G ratio of 1.81 and a beta of 0.70.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. The company had revenue of $1.33 billion during the quarter. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. Equities research analysts predict that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

Nomura Research Institute Company Profile

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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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