Nielsen Holdings PLC (NYSE:NLSN) Receives $27.73 Average Target Price from Brokerages

Shares of Nielsen Holdings PLC (NYSE:NLSN) have been assigned a consensus recommendation of “Hold” from the thirteen ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $27.73.

NLSN has been the subject of a number of analyst reports. ValuEngine downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, May 28th. SunTrust Banks set a $28.00 price objective on shares of Nielsen and gave the company a “buy” rating in a research report on Thursday, March 28th. Zacks Investment Research downgraded shares of Horiba from a “hold” rating to a “sell” rating in a research report on Wednesday, May 22nd. Finally, Credit Suisse Group raised shares of Mosaic from an “underperform” rating to a “neutral” rating and set a $27.49 price objective for the company in a research report on Thursday, March 28th.

Nielsen stock traded down $0.16 during mid-day trading on Friday, reaching $23.23. The company’s stock had a trading volume of 1,073,040 shares, compared to its average volume of 2,954,845. The firm’s 50 day simple moving average is $22.85. Nielsen has a 12 month low of $20.53 and a 12 month high of $30.99. The stock has a market cap of $8.31 billion, a P/E ratio of 13.43, a price-to-earnings-growth ratio of 1.23 and a beta of 0.91. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.07 and a quick ratio of 1.07.

Nielsen (NYSE:NLSN) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.08. Nielsen had a negative net margin of 11.46% and a positive return on equity of 15.52%. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter last year, the firm posted $0.40 EPS. The company’s quarterly revenue was down 2.9% on a year-over-year basis. As a group, analysts predict that Nielsen will post 1.58 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 19th. Stockholders of record on Wednesday, June 5th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend was Tuesday, June 4th. Nielsen’s dividend payout ratio is presently 80.92%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in shares of Nielsen by 59.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 15,779 shares of the business services provider’s stock worth $368,000 after acquiring an additional 5,905 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Nielsen by 19.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,304 shares of the business services provider’s stock worth $404,000 after acquiring an additional 2,771 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Nielsen by 36.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 14,730 shares of the business services provider’s stock worth $344,000 after acquiring an additional 3,925 shares during the period. State of Tennessee Treasury Department grew its holdings in shares of Nielsen by 15.7% in the 4th quarter. State of Tennessee Treasury Department now owns 91,991 shares of the business services provider’s stock worth $2,146,000 after acquiring an additional 12,472 shares during the period. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Nielsen by 7.9% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 62,144 shares of the business services provider’s stock worth $1,450,000 after acquiring an additional 4,529 shares during the period. Institutional investors own 95.39% of the company’s stock.

Nielsen Company Profile

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry.

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Analyst Recommendations for Nielsen (NYSE:NLSN)

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