Nomura (NYSE:NMR) Given Hold (C) Rating at Weiss Ratings

Key Points

• Nomura Holdings has received a "hold" rating from both Weiss Ratings and Zacks Research, indicating a cautious outlook among analysts.
• The company's stock currently trades at $7.16 with a market capitalization of $21.17 billion, experiencing fluctuations within a 52-week range of $4.86 to $7.59.
• Nomura reported a quarterly earnings miss with $0.24 earnings per share, falling short of the consensus estimate by $0.01, despite revenue exceeding expectations.

Nomura (NYSE:NMR - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Separately, Zacks Research raised Nomura from a "strong sell" rating to a "hold" rating in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Nomura presently has a consensus rating of "Hold".

Nomura Stock Performance

NYSE:NMR traded up $0.00 during mid-day trading on Wednesday, hitting $7.16. 43,934 shares of the stock were exchanged, compared to its average volume of 622,057. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 3.45 and a beta of 0.74. The company has a debt-to-equity ratio of 7.58, a quick ratio of 1.13 and a current ratio of 1.13. The firm's 50-day simple moving average is $7.25 and its 200 day simple moving average is $6.45. Nomura has a fifty-two week low of $4.86 and a fifty-two week high of $7.59.

Nomura (NYSE:NMR - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.04 billion. Nomura had a net margin of 8.06% and a return on equity of 10.58%. As a group, equities analysts anticipate that Nomura will post 0.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Nomura

A number of institutional investors have recently made changes to their positions in NMR. Orion Porfolio Solutions LLC grew its position in shares of Nomura by 4,944.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,472,892 shares of the financial services provider's stock valued at $16,272,000 after buying an additional 2,423,873 shares during the last quarter. Donald Smith & CO. Inc. grew its position in shares of Nomura by 11.7% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,412,601 shares of the financial services provider's stock valued at $64,037,000 after buying an additional 1,094,218 shares during the last quarter. Carrera Capital Advisors boosted its position in shares of Nomura by 109.1% during the 2nd quarter. Carrera Capital Advisors now owns 730,716 shares of the financial services provider's stock valued at $4,808,000 after purchasing an additional 381,235 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Nomura by 6.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,617,888 shares of the financial services provider's stock valued at $28,400,000 after purchasing an additional 289,984 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in shares of Nomura by 49.8% during the 2nd quarter. Quantinno Capital Management LP now owns 779,036 shares of the financial services provider's stock valued at $5,126,000 after purchasing an additional 259,158 shares in the last quarter. Institutional investors own 15.14% of the company's stock.

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.

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