Nomura Research Institute (OTCMKTS:NRILY) Releases Earnings Results, Beats Estimates By $0.01 EPS

Nomura Research Institute (OTCMKTS:NRILY) announced its earnings results on Thursday. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01, Zacks reports. Nomura Research Institute had a return on equity of 22.63% and a net margin of 12.96%.

Nomura Research Institute Stock Performance

Nomura Research Institute stock traded down $1.40 during midday trading on Thursday, reaching $36.18. The stock had a trading volume of 35,510 shares, compared to its average volume of 41,208. The firm has a market capitalization of $21.03 billion, a PE ratio of 30.40, a P/E/G ratio of 2.57 and a beta of 0.70. The company has a quick ratio of 1.84, a current ratio of 1.72 and a debt-to-equity ratio of 0.44. The firm’s 50-day moving average price is $39.12 and its 200 day moving average price is $38.93. Nomura Research Institute has a 12 month low of $30.97 and a 12 month high of $43.20.

Analyst Upgrades and Downgrades

NRILY has been the subject of several recent analyst reports. Zacks Research lowered shares of Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, December 22nd. Citigroup upgraded shares of Nomura Research Institute from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 19th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce”.

Nomura Research Institute Company Profile

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.