Shares of Nomura Holdings, Inc. (NYSE:NMR - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday following a better than expected earnings announcement. The stock traded as high as $6.78 and last traded at $6.82, with a volume of 112282 shares. The stock had previously closed at $6.46.
The financial services provider reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. Nomura had a return on equity of 9.19% and a net margin of 7.96%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Bank of America assumed coverage on Nomura in a research report on Tuesday, October 22nd. They set a "neutral" rating on the stock. StockNews.com raised shares of Nomura from a "hold" rating to a "buy" rating in a research report on Wednesday, December 11th.
Read Our Latest Research Report on NMR
Institutional Trading of Nomura
Institutional investors and hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new position in Nomura in the third quarter valued at approximately $25,000. R Squared Ltd bought a new position in shares of Nomura in the fourth quarter valued at $26,000. Catalytic Wealth RIA LLC acquired a new position in Nomura during the third quarter worth $59,000. Adero Partners LLC bought a new stake in Nomura during the fourth quarter worth $59,000. Finally, Savant Capital LLC acquired a new stake in Nomura in the fourth quarter valued at $59,000. Institutional investors own 15.14% of the company's stock.
Nomura Trading Down 2.0 %
The company has a market cap of $20.13 billion, a P/E ratio of 9.68, a P/E/G ratio of 0.31 and a beta of 0.66. The business's 50-day moving average price is $6.04 and its 200 day moving average price is $5.72. The company has a debt-to-equity ratio of 7.52, a quick ratio of 1.11 and a current ratio of 1.17.
Nomura Company Profile
(
Get Free Report)
Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.
Featured Stories
Before you consider Nomura, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nomura wasn't on the list.
While Nomura currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
