The stock of Nomura Holdings Inc. (NYSE:NMR) increased by $0.03 on Tuesday to at $3.85, up 0.79 percent. The last five days have seen an average of 1,332,173 shares of common stock traded. 14 times new highs were reached in the current year, with a gain of $0.10. The average number of shares traded over the last 20 days was 1,238,348, while the average volume over the last 50 days totaled 839,403.
NMR stock dropped -7.89% since last month. On 08/16/23, the company’s shares reached a one-month low of $3.63. The stock touched a high of $4.23 on 02/21/23, after rallying from a low of $2.99 in 52 weeks. The price of NMR stock has risen by 2.67% or $0.10 this year, reaching a new high 14 times. Still, the stock price is down -8.98% from the 52-week high.
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Insider Transactions
NMR stock investors should be aware that Nomura Holdings Inc. (NMR) stock had its last reported insider trading activity 211 days ago on Jan 30. On Jan 30, 10% Owner NOMURA SECURITIES INTERNATIONA sold 7,986 shares at $1.15 each. This transaction resulted in the insider making $9,184.
Valuation Metrics
Nomura Holdings Inc. (NMR) has a trailing price-to-earnings (P/E) ratio of 15.28. Beta for the stock is 0.72. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.60, the price-to-book (PB) ratio of 0.52.
Financial Health
The company’s long-term debt to equity ratio for the recent quarter is 3.36, and the total debt to equity ratio is 9.89. As far as profitability goes, gross margin for the trailing twelve months is 46.60% percent. Nomura Holdings Inc.’s operating margin stood at 6.20% for the same period. Based on annual data, it had gross profit of $2.47 billion and revenue of $18.4 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NMR’s return on assets (ROA) during the last 12 months has been 0.20%. There was a 0.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 3.60%.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $17.23 billion, while revenues rose by 31.57% to $0.0. EBITDA was $4.63 billion for the quarter. At the end of Nomura Holdings Inc.’s most recent quarter, its total debt was $32.37 trillion.
Technical Picture
Here’s a quick look at Nomura Holdings Inc.’s (NMR) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 61.68%, suggesting the stock is Neutral, with a 6.74% historical volatility rate.
The stochastic %K and %D were 84.91% and 70.93% respectively, while the average true range (ATR) was 0.06. Based on the 14-day stochastic reading of 95.65%, the RSI (14) reading is 54.47%. On the 9-day MACD Oscillator, the stock is at 0.07, and the 14-day reading is at 0.09.
Analyst Ratings
Nomura Holdings Inc. (NYSE: NMR) was downgraded by Jefferies to a a Hold rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Nomura Holdings Inc. (NMR) an Hold rating. NMR is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is NMR’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.70 and $4.32, with a median target price of $4.05. In analyzing these forecasts, the average price target given by analysts for Nomura Holdings Inc. (NMR) is $4.01.
