Media headlines about Nasdaq (NASDAQ:NDAQ) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nasdaq earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.9772848099501 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern’s analysis:
NASDAQ NDAQ traded down $1.11 during trading hours on Friday, hitting $85.20. 919,033 shares of the company’s stock were exchanged, compared to its average volume of 925,463. Nasdaq has a 12-month low of $65.98 and a 12-month high of $87.00. The company has a market capitalization of $14,375.76, a PE ratio of 20.99, a price-to-earnings-growth ratio of 1.85 and a beta of 0.64. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.63.
Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. The company had revenue of $635.00 million for the quarter, compared to the consensus estimate of $628.36 million. Nasdaq had a return on equity of 12.75% and a net margin of 18.49%. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $0.95 EPS. equities analysts predict that Nasdaq will post 4.82 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.07%. This is an increase from Nasdaq’s previous quarterly dividend of $0.38. The ex-dividend date is Thursday, June 14th. Nasdaq’s dividend payout ratio (DPR) is 37.44%.
Nasdaq declared that its board has approved a share repurchase program on Monday, January 29th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.
Several research firms recently weighed in on NDAQ. BidaskClub upgraded Nasdaq from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Wells Fargo increased their target price on Nasdaq from $85.00 to $95.00 and gave the stock an “outperform” rating in a research report on Thursday, March 29th. Zacks Investment Research upgraded Nasdaq from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research report on Wednesday, January 10th. Deutsche Bank increased their target price on Nasdaq from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, March 29th. Finally, Jefferies Group reiterated a “hold” rating and set a $83.50 target price on shares of Nasdaq in a research report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $86.32.
In other news, insider Lars Ottersgard sold 6,451 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $80.75, for a total value of $520,918.25. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Edward S. Knight sold 13,200 shares of the firm’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $79.41, for a total value of $1,048,212.00. Following the completion of the transaction, the insider now owns 73,569 shares in the company, valued at $5,842,114.29. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 42,837 shares of company stock worth $3,442,932. Company insiders own 0.40% of the company’s stock.
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Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.
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