Several other equities research analysts have also recently weighed in on the company. Zacks Investment Research cut Nomura from a hold rating to a strong sell rating in a research note on Saturday, April 27th. JPMorgan Chase & Co. initiated coverage on Nomura in a research note on Thursday, February 28th. They issued an underweight rating for the company. Four equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the company. Nomura has a consensus rating of Sell.
Shares of NMR opened at $3.19 on Thursday. Nomura has a 12-month low of $3.15 and a 12-month high of $5.48. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 6.02. The stock has a market capitalization of $10.79 billion, a price-to-earnings ratio of -11.81 and a beta of 1.40.
Nomura (NYSE:NMR) last issued its earnings results on Thursday, April 25th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.07. Nomura had a negative return on equity of 3.56% and a negative net margin of 6.03%. The business had revenue of $2.74 billion during the quarter. As a group, research analysts forecast that Nomura will post 0.37 earnings per share for the current fiscal year.
Hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. acquired a new stake in shares of Nomura in the first quarter valued at about $32,000. Parallel Advisors LLC increased its stake in shares of Nomura by 102.3% in the first quarter. Parallel Advisors LLC now owns 9,996 shares of the financial services provider’s stock valued at $36,000 after buying an additional 5,056 shares during the period. One Wealth Advisors LLC acquired a new stake in shares of Nomura in the first quarter valued at about $41,000. Virtu Financial LLC acquired a new stake in shares of Nomura in the fourth quarter valued at about $42,000. Finally, Miramar Capital LLC acquired a new stake in shares of Nomura in the fourth quarter valued at about $44,000. 0.79% of the stock is owned by institutional investors.
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.
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