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

Nomura Research Institute (OTCMKTS:NRILY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors 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 analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Nomura Research Institute Stock Down 4.1%

Shares of Nomura Research Institute stock opened at $25.71 on Monday. Nomura Research Institute has a twelve month low of $24.71 and a twelve month high of $43.20. The stock has a market cap of $14.94 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 1.81 and a beta of 0.70. 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 company has a fifty day moving average price of $35.75 and a 200 day moving average price of $38.05.

Nomura Research Institute (OTCMKTS:NRILY) last issued its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.01. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%.The company had revenue of $1.33 billion during the quarter. Equities research analysts forecast that Nomura Research Institute will post 1.04 earnings per share for the current fiscal year.

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.