Nomura (NYSE:NMR - Get Free Report) posted its earnings results on Wednesday. The financial services provider reported $0.22 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.08, Zacks reports. Nomura had a return on equity of 9.19% and a net margin of 7.96%.
Nomura Stock Down 2.0 %
Shares of NMR traded down $0.14 during midday trading on Friday, hitting $6.78. 740,877 shares of the company's stock traded hands, compared to its average volume of 657,486. Nomura has a 1 year low of $4.66 and a 1 year high of $6.99. The firm's fifty day moving average is $6.04 and its 200-day moving average is $5.72. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 7.52. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.31 and a beta of 0.66.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on NMR shares. StockNews.com upgraded Nomura from a "hold" rating to a "buy" rating in a research note on Wednesday, December 11th. Bank of America initiated coverage on shares of Nomura in a report on Tuesday, October 22nd. They issued a "neutral" rating on the stock.
Check Out Our Latest Analysis on NMR
About Nomura
(
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.
Further Reading
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
