A Stock With Stellar Fundamentals? Nomura Holdings Inc. ADR (NYSE:NMR): Is It Right For You?

Stocks of Nomura Holdings Inc. ADR (NYSE:NMR) traded higher last session on Wall Street, up 2.73% to $4.14.

According to the data, Nomura Holdings Inc. ADR (NYSE:NMR) has 6 analysts covering its stock. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $4.64 and a low of $3.64, we find $4.17. Given the previous closing price of $4.03, this indicates a potential upside of 3.47 percent. NMR stock price is now 1.69% away from the 50-day moving average and 6.41% away from the 200-day moving average. The market capitalization of the company currently stands at $12.48B.

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A total of 6 analysts have issued a hold rating and 0 have given it a buy rating. Brokers who have rated the stock have averaged $4.10 as their price target over the next twelve months.

In other news, NOMURA SECURITIES INTERNATIONA, 10% Owner sold 7,986 shares of the company’s stock on Jan 30. The stock was sold for $9,184 at an average price of $1.15. Upon completion of the transaction, the 10% Owner now directly owns 182,013 shares in the company, valued at $0.75 million. A total of 0.00% of the company’s stock is owned by insiders.

During the past 12 months, Nomura Holdings Inc. ADR has had a low of $3.38 and a high of $4.47. The fifty day moving average price for NMR is $4.0712 and a two-hundred day moving average price translates $3.8905 for the stock.

The latest earnings results from Nomura Holdings Inc. ADR (NYSE: NMR) was released for Sep, 2023. The net profit margin was 3.80% and return on equity was 4.29% for NMR. The company reported revenue of $6.52 billion for the quarter, compared to $3.16 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 106.59 percent.

Nomura Holdings Inc. ADR(NMR) Company Profile

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. The Investment Management segment engages in the management of funds, investment trusts, and other investment solutions; and provision of investment advisory, custodial, and administrative services. The Wholesale segment is involved in the research, sale, trading, agency execution, and market-making of fixed income and equity-related products. This segment also engages in underwriting various securities and other financial instruments, such as various classes of shares, convertible and exchangeable securities, investment grade and high yield debts, sovereign and emerging market debts, structured securities, and other securities; arranging private placements, as well as other capital raising activities; and the provision of financial advisory services on business transactions comprising mergers and acquisitions, divestitures, spin-offs, capital structuring, corporate defense activities, leveraged buyouts, and risk solutions. The company was formerly known as The Nomura Securities Co., Ltd. and changed its name to Nomura Holdings, Inc. in October 2001. Nomura Holdings, Inc. was incorporated in 1925 and is headquartered in Tokyo, Japan.

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