NASDAQ OMX Group (NASDAQ:NDAQ) had its target price boosted by Compass Point from $33.00 to $35.00 in a report issued on Thursday, American Banking and Market News reports. They currently have a neutral rating on the stock.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) opened at 35.70 on Thursday. NASDAQ OMX Group has a 1-year low of $22.63 and a 1-year high of $34.41. The stock has a 50-day moving average of $31.35 and a 200-day moving average of $31.40. The company has a market cap of $5.973 billion and a P/E ratio of 18.49.
NASDAQ OMX Group (NASDAQ:NDAQ) last released its earnings data on Wednesday, October 23rd. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.04. The company had revenue of $506.00 million for the quarter, compared to the consensus estimate of $502.62 million. During the same quarter last year, the company posted $0.62 earnings per share. NASDAQ OMX Group’s revenue was up 22.8% compared to the same quarter last year. Analysts expect that NASDAQ OMX Group will post $2.58 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, December 27th. Stockholders of record on Friday, December 13th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, December 11th.
NDAQ has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of NASDAQ OMX Group from $37.00 to $38.00 in a research note to investors on Thursday. They now have an outperform rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of NASDAQ OMX Group in a research note to investors on Thursday. They now have a $37.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of NASDAQ OMX Group from $33.00 to $35.00 in a research note to investors on Wednesday, October 23rd. They now have a neutral rating on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $35.06.
In other NASDAQ OMX Group news, EVP Anna M. Ewing sold 50,000 shares of the company’s stock on the open market in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $34.51, for a total transaction of $1,725,500.00. The sale was disclosed in a document filed with the SEC, which is available at this link.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.