Nomura (NYSE:NMR) Upgraded by Zacks Research to Strong-Buy Rating

Zacks Research upgraded shares of Nomura (NYSE:NMR) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

Several other research firms also recently commented on NMR. Nomura raised shares of Nomura to a “buy” rating and set a $10.20 price objective on the stock in a report on Thursday, June 25th. Weiss Ratings upgraded shares of Nomura from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 17th. Finally, Bank of America raised shares of Nomura from a “neutral” rating to a “buy” rating and set a $10.20 price objective for the company in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Nomura currently has an average rating of “Buy” and an average target price of $10.20.

Nomura Stock Down 1.3%

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

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

Institutional Investors Weigh In On Nomura

Institutional investors and hedge funds have recently modified their holdings of the company. V Square Quantitative Management LLC purchased a new position in Nomura during the fourth quarter valued at approximately $25,000. Allworth Financial LP lifted its stake in Nomura by 90.7% in the 4th quarter. Allworth Financial LP now owns 3,042 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 1,447 shares in the last quarter. Eastern Bank purchased a new stake in Nomura in the 2nd quarter worth approximately $31,000. Farther Finance Advisors LLC boosted its holdings in Nomura by 101.2% in the 4th quarter. Farther Finance Advisors LLC now owns 5,001 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 2,515 shares during the period. Finally, Osaic Holdings Inc. boosted its holdings in Nomura by 1,019.0% in the 2nd quarter. Osaic Holdings Inc. now owns 6,434 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 5,859 shares during the period. 15.14% of the stock is owned by hedge funds and other institutional investors.

More Nomura News

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.