Nomura (NYSE:NMR) Posts Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Nomura (NYSE:NMR) issued its quarterly earnings data 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 7.93% and a net margin of 6.91%.

Nomura Trading Up 7.8 %

Nomura stock opened at $6.97 on Thursday. The company has a debt-to-equity ratio of 7.19, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market cap of $20.69 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 0.43 and a beta of 0.66. The stock has a 50-day moving average of $5.99 and a two-hundred day moving average of $5.70. Nomura has a one year low of $4.66 and a one year high of $6.99.

Analyst Upgrades and Downgrades

NMR has been the subject of several analyst reports. StockNews.com raised shares of Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th. Bank of America began coverage on shares of Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating for the company.

About Nomura

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.