Nomura Holdings Inc (NYSE: NMR) has reported earnings for its first fiscal quarter (ending June 30) of $0.15 versus $0.05 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.47 versus $0.28 for the same period a year ago.
Recent Price Action
Nomura Holdings Inc (NYSE: NMR) stock closed at $5.99 on 7/30/24 after a large increase of 2.4%. Moreover, trading volume in this advance was above average at 139% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NMR is expected to continue to be a Value Builder.
Nomura Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Nomura Holdings has a very high Power Rating of 91 and a very high Appreciation Score of 97, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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