Nomura Holdings Inc. (NYSE:NMR) finished Friday with a subtraction of -$0.02 to close at $3.74, a downside of -0.53 percent. An average of 896,800 shares of common stock have been traded in the last five days. There was a fall of -$0.10 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 749,110 shares traded, while the 50-day average volume stands at 765,058.
NMR stock has decreased by -6.50% in the last month. The company shares reached their 1-month lowest point of $3.73 on 08/09/23. With the stock rallying to its 52-week high on 02/21/23, shares of the company touched a low of $2.99 and a high of $4.23 in 52 weeks. It has reached a new high 14 times so far this year and lost -0.27% or -$0.01 in price. In spite of this, the price is down -11.58% from the 52-week high.
Insider Transactions
NMR stock investors should be aware that Nomura Holdings Inc. (NMR) stock had its last reported insider trading activity 194 days ago on Jan 30. In this transaction, the insider spent $9,184. 10% Owner, NOMURA SECURITIES INTERNATIONA, disposed of 15,000 shares at a price of $2.61 on Aug 22. The insider now owns more than $39,112 worth of shares.
Valuation Metrics
Nomura Holdings Inc. (NMR) has a trailing price-to-earnings (P/E) ratio of 14.55. The stock’s beta is 0.72. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.56, the price-to-book (PB) ratio at 0.49.
Financial Health
Further, the company has a long term debt to equity ratio of 3.36 and a total debt to equity ratio of 9.79 for the recent quarter. Its gross profit as reported stood at $2.47 billion compared to revenue of $18.4 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Nomura Holdings Inc.’s return on assets was 0.20%.
Earnings Surprise
For the recent quarter, Nomura Holdings Inc. had $78.19 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $642.82 million in the quarter, while revenues were shrunk -64.52%. At the end of the recent quarter, Nomura Holdings Inc.’s stock balance sheet showed total debt was $30.16 trillion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Nomura Holdings Inc. (NMR) price momentum. RSI 9-day as of the close on 11 August was 33.61%, suggesting the stock is Neutral, with historical volatility in this time frame at 41.04%.
As of today, NMR’s price is $3.79 -2.60% or -$0.10 from its 5-day moving average. NMR is currently trading -5.56% lower than its 20-day SMA and +3.31% higher than its 100-day SMA. However, the stock’s current price level is +6.55% above the SMA50 and +15.43% above the SMA200.
The stochastic %K and %D were 4.08% and 9.47%, respectively, and the average true range (ATR) was 0.09. With the 14-day stochastic at 2.04% and the average true range at 0.09, the RSI (14) stands at 39.07%. The stock has reached -0.06 on the 9-day MACD Oscillator while the 14-day reading was at -0.18.
Analyst Ratings
Jefferies downgraded Nomura Holdings Inc. (NYSE: NMR) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Nomura Holdings Inc. (NMR) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NMR, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is NMR’s price target for the next 12 months?
Analysts predict a range of price targets between $3.70 and $4.32, with a median target of $4.05. Taking a look at these predictions, the average price target given by analysts for Nomura Holdings Inc. (NMR) stock is $4.01.
