Nielsen (NYSE:NLSN) issued its quarterly earnings results on Thursday. The business services provider reported $0.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.11, Briefing.com reports. The company had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen had a positive return on equity of 18.97% and a negative net margin of 10.70%. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share.
NLSN stock traded up $0.44 during midday trading on Friday, hitting $20.35. The stock had a trading volume of 6,311,881 shares, compared to its average volume of 3,376,662. The firm has a market cap of $7.43 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 1.03 and a beta of 0.92. The business has a 50-day moving average of $20.92 and a two-hundred day moving average of $22.33. Nielsen has a 52-week low of $17.94 and a 52-week high of $28.50. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.07 and a quick ratio of 1.07.
Several equities research analysts recently weighed in on the company. ValuEngine cut Nielsen from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Morgan Stanley reduced their price target on Nielsen from $27.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday. Finally, Citigroup set a $28.00 price target on Nielsen and gave the stock a “buy” rating in a research note on Friday, August 16th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $26.00.
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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