Nomura Holdings Inc (NYSE:NMR) Receives Consensus Rating of “Hold” from Analysts

Nomura Holdings Inc (NYSE:NMR) has earned a consensus rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $5.25.

Several analysts have recently issued reports on the company. Zacks Investment Research upgraded Nomura from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research note on Saturday. Jefferies Financial Group upgraded Nomura from a “hold” rating to a “buy” rating in a research note on Friday, June 19th. TheStreet upgraded Nomura from a “d+” rating to a “c” rating in a research note on Thursday. Nomura raised Nomura from a “hold” rating to a “buy” rating in a research report on Friday, June 19th. Finally, Goldman Sachs Group raised Nomura from a “sell” rating to a “neutral” rating in a research report on Friday, June 26th.

Shares of NMR traded down $0.06 during trading hours on Friday, hitting $4.69. 186,021 shares of the company were exchanged, compared to its average volume of 141,865. The company has a market cap of $14.50 billion, a PE ratio of 5.33, a PEG ratio of 0.11 and a beta of 0.98. The firm’s 50 day moving average is $4.52 and its 200-day moving average is $4.44. Nomura has a 52 week low of $3.34 and a 52 week high of $5.41. The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.00 and a current ratio of 1.01.

Nomura (NYSE:NMR) last released its quarterly earnings results on Friday, May 8th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.19). The company had revenue of $3.40 billion for the quarter, compared to the consensus estimate of $2.67 billion. Nomura had a return on equity of 10.97% and a net margin of 15.61%. As a group, equities analysts forecast that Nomura will post 0.81 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of NMR. Sontag Advisory LLC acquired a new position in shares of Nomura during the 1st quarter worth about $44,000. Moody National Bank Trust Division acquired a new position in shares of Nomura during the 1st quarter worth about $49,000. Sequoia Financial Advisors LLC acquired a new position in Nomura in the 1st quarter valued at approximately $49,000. Clarius Group LLC raised its holdings in Nomura by 33.5% in the 1st quarter. Clarius Group LLC now owns 14,014 shares of the financial services provider’s stock valued at $60,000 after acquiring an additional 3,519 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in Nomura by 22.8% in the 1st quarter. Checchi Capital Advisers LLC now owns 15,892 shares of the financial services provider’s stock valued at $68,000 after acquiring an additional 2,952 shares in the last quarter. 0.90% of the stock is owned by institutional investors and hedge funds.

Nomura Company Profile

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Asset Management, and Wholesale. The Retail segment offers various financial products and investment services for individuals and corporations.

See Also: Fiduciary

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