Nomura Research Institute (OTCMKTS:NRILY) Downgraded to “Strong Sell” Rating by Zacks Research

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Analysis on NRILY

Nomura Research Institute Price Performance

Shares of OTCMKTS NRILY opened at $31.01 on Wednesday. The stock has a market capitalization of $17.78 billion, a PE ratio of 140.95, a P/E/G ratio of 1.75 and a beta of 0.71. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.84 and a quick ratio of 1.84. The business has a fifty day moving average price of $28.79 and a two-hundred day moving average price of $30.20. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $43.20.

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) last released its earnings results on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $31.34 by ($32.10). Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%.The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $227 billion. As a group, equities analysts predict that Nomura Research Institute will post 1.39 earnings per share for the current fiscal year.

About Nomura Research Institute

(Get Free Report)

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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