Analysts Anticipate Nielsen N.V. (NYSE:NLSN) Will Post Quarterly Sales of $1.64 Billion
Wall Street brokerages predict that Nielsen N.V. (NYSE:NLSN) will post sales of $1.64 billion for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Nielsen N.V.’s earnings. The highest sales estimate is $1.66 billion and the lowest is $1.62 billion. Nielsen N.V. reported sales of $1.57 billion in the same quarter last year, which would indicate a positive year over year growth rate of 4.5%. The firm is expected to report its next earnings report on Tuesday, October 24th.
According to Zacks, analysts expect that Nielsen N.V. will report full year sales of $1.64 billion for the current financial year, with estimates ranging from $6.52 billion to $6.62 billion. For the next year, analysts anticipate that the firm will report sales of $6.81 billion per share, with estimates ranging from $6.73 billion to $6.92 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that that provide coverage for Nielsen N.V..
Nielsen N.V. (NYSE:NLSN) last announced its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.63 by $0.14. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Nielsen N.V. had a net margin of 7.68% and a return on equity of 15.96%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 EPS.
A number of research firms have commented on NLSN. BidaskClub upgraded Nielsen N.V. from a “hold” rating to a “buy” rating in a research note on Saturday, August 5th. TheStreet raised Nielsen N.V. from a “c” rating to a “b-” rating in a report on Monday, July 31st. Zacks Investment Research lowered Nielsen N.V. from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Pivotal Research dropped their target price on Nielsen N.V. from $39.00 to $38.00 and set a “hold” rating on the stock in a report on Thursday, July 27th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $44.00 target price (down from $48.00) on shares of Nielsen N.V. in a report on Wednesday, June 21st. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Nielsen N.V. has a consensus rating of “Hold” and an average target price of $46.64.
In other Nielsen N.V. news, insider Stephen Hasker sold 20,930 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $43.00, for a total transaction of $899,990.00. Following the transaction, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Jamere Jackson sold 11,500 shares of the stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $38.55, for a total value of $443,325.00. Following the transaction, the chief financial officer now directly owns 87,888 shares in the company, valued at approximately $3,388,082.40. The disclosure for this sale can be found here. Corporate insiders own 1.20% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of NLSN. Douglas Lane & Associates LLC raised its position in shares of Nielsen N.V. by 34.6% in the first quarter. Douglas Lane & Associates LLC now owns 428,435 shares of the business services provider’s stock valued at $17,699,000 after buying an additional 110,202 shares during the period. Retirement Systems of Alabama raised its position in Nielsen N.V. by 2.0% in the first quarter. Retirement Systems of Alabama now owns 162,458 shares of the business services provider’s stock valued at $6,711,000 after buying an additional 3,211 shares during the period. State of Alaska Department of Revenue bought a new position in Nielsen N.V. during the first quarter valued at approximately $311,000. Oakbrook Investments LLC raised its position in Nielsen N.V. by 422.9% in the first quarter. Oakbrook Investments LLC now owns 27,450 shares of the business services provider’s stock valued at $1,134,000 after buying an additional 22,200 shares during the period. Finally, Quantitative Systematic Strategies LLC bought a new position in Nielsen N.V. during the first quarter valued at approximately $607,000. 94.96% of the stock is currently owned by institutional investors and hedge funds.
Nielsen N.V. (NLSN) opened at 40.79 on Friday. Nielsen N.V. has a 52-week low of $36.96 and a 52-week high of $54.99. The stock has a market cap of $14.54 billion, a price-to-earnings ratio of 29.73 and a beta of 0.97. The stock has a 50 day moving average price of $39.78 and a 200 day moving average price of $40.92.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Investors of record on Thursday, August 24th will be issued a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Tuesday, August 22nd. Nielsen N.V.’s dividend payout ratio is currently 99.27%.
Nielsen N.V. Company Profile
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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