There is no way Nomura Holdings Inc. (NMR) can keep these numbers up

Nomura Holdings Inc. (NYSE: NMR) stock jumped 0.58% on Friday to $3.46 against a previous-day closing price of $3.44. With 1.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.4 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $3.5000 whereas the lowest price it dropped to was $3.4500. The 52-week range on NMR shows that it touched its highest point at $5.28 and its lowest point at $3.36 during that stretch. It currently has a 1-year price target of $4.02. With its current market cap of 11.46 billion, NMR has annualized dividend of $0.11 while the current yield stands at 3.12%. Beta for the stock currently stands at 0.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NMR was down-trending over the past week, with a drop of -1.14%, but this was down by -6.99% over a month. Three-month performance dropped to -5.98% while six-month performance fell -22.94%. The stock lost -32.55% in the past year, while it has lost -20.09% so far this year. EPS is expected to grow by 10.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.20%.

Float and Shares Shorts:

At present, 3.02 billion NMR shares are outstanding with a float of 3.00 billion shares on hand for trading. On Jul 14, 2022, short shares totaled 3.52 million, which was 0.12% higher than short shares on Jun 14, 2022. In addition to Mr. Kentaro Okuda as the firm’s Pres, Group CEO & Director, Mr. Takumi Kitamura serves as its Exec. MD, CFO & Investor Relations.

Institutional Ownership:

Through their ownership of 1.05% of NMR’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.80% of NMR, in contrast to 0.14% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in NMR with 0.21% of the stake, Parametric Portfolio Associates L holds 6,790,931 shares worth 6,790,931. A second-largest stockholder of NMR, Aperio Group LLC, holds 3,753,964 shares, controlling over 0.12% of the firm’s shares. Goldman Sachs Asset Management LP is the third largest shareholder in NMR, holding 3,724,935 shares or 0.12% stake. With a 0.04% stake in NMR, the SPW Multi-Manager ICVC – Japanese is the largest stakeholder. A total of 1,337,400 shares are owned by the mutual fund manager. The DFA Large Cap International Portf, which owns about 0.02% of NMR stock, is the second-largest Mutual Fund holder. It holds 541,211 shares valued at 1.96 million. Dimensional International Core Eq holds 0.02% of the stake in NMR, owning 470,800 shares worth 1.71 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NMR since 8 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With NMR analysts setting a high price target of $4.66 and a low target of $3.34, the average target price over the next 12 months is $3.94. Based on these targets, NMR could surge 34.68% to reach the target high and fall by -3.47% to reach the target low. Reaching the average price target will result in a growth of 13.87% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. NMR will report FY 2023 earnings on 04/27/2023. Analysts have provided yearly estimates in a range of $0.50 being high and $0.28 being low. For NMR, this leads to a yearly average estimate of $0.40. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Nomura Holdings Inc. surprised analysts by -$0.04 when it reported $0.00 EPS against a consensus estimate of $0.04. The surprise factor in the prior quarter was -$0.09. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.10.

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