Brokerages predict that Nielsen Holdings PLC (NYSE:NLSN) will announce earnings per share of $0.53 for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Nielsen’s earnings, with the lowest EPS estimate coming in at $0.51 and the highest estimate coming in at $0.58. Nielsen posted earnings of $0.62 per share in the same quarter last year, which indicates a negative year over year growth rate of 14.5%. The firm is expected to issue its next earnings report before the market opens on Wednesday, October 24th.
On average, analysts expect that Nielsen will report full-year earnings of $2.07 per share for the current year, with EPS estimates ranging from $2.04 to $2.10. For the next year, analysts forecast that the company will post earnings of $2.31 per share, with EPS estimates ranging from $2.04 to $2.56. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Nielsen.
Nielsen (NYSE:NLSN) last released its earnings results on Thursday, July 26th. The business services provider reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by ($0.39). The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.71 billion. Nielsen had a return on equity of 15.28% and a net margin of 5.57%. Nielsen’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 earnings per share.
NLSN has been the topic of a number of analyst reports. Morgan Stanley set a $27.00 price objective on shares of Nielsen and gave the company a “buy” rating in a report on Thursday, September 13th. Goldman Sachs Group upgraded shares of Nielsen from a “sell” rating to a “neutral” rating and raised their price objective for the company from $20.00 to $25.00 in a report on Thursday, August 23rd. Pivotal Research reduced their price objective on shares of Nielsen from $35.00 to $27.00 and set a “buy” rating on the stock in a report on Thursday, July 26th. BMO Capital Markets restated a “market weight” rating and issued a $24.00 price objective (down from $38.00) on shares of Nielsen in a report on Friday, July 27th. Finally, Needham & Company LLC reduced their price objective on shares of Nielsen to $30.00 and set a “buy” rating on the stock in a report on Friday, July 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $30.77.
Nielsen stock traded up $0.40 during mid-day trading on Friday, reaching $26.15. 4,221,827 shares of the company’s stock were exchanged, compared to its average volume of 4,517,318. The firm has a market cap of $9.83 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 1.47 and a beta of 0.93. Nielsen has a twelve month low of $20.53 and a twelve month high of $42.15. The company has a quick ratio of 1.19, a current ratio of 1.18 and a debt-to-equity ratio of 1.96.
Several hedge funds and other institutional investors have recently bought and sold shares of NLSN. Piedmont Investment Advisors LLC purchased a new position in shares of Nielsen in the 2nd quarter valued at $122,000. Point72 Hong Kong Ltd purchased a new position in shares of Nielsen in the 2nd quarter valued at $188,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Nielsen by 77.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,477 shares of the business services provider’s stock valued at $200,000 after buying an additional 2,827 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Nielsen in the 2nd quarter valued at $201,000. Finally, Dupont Capital Management Corp grew its position in shares of Nielsen by 127.8% in the 2nd quarter. Dupont Capital Management Corp now owns 7,532 shares of the business services provider’s stock valued at $233,000 after buying an additional 4,225 shares during the last quarter. 95.56% of the stock is currently owned by hedge funds and other institutional investors.
Nielsen Company Profile
Nielsen Holdings plc, together with its subsidiaries, operates as an information and measurement company. It operates through Buy and Watch segments. The company provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen.
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